09 Sep
|
Atlas Oil
|
Calgary
Natural Gas Liquids (NGL) Trader Job Summary Responsible for generating new trading strategies, managing existing trading strategies, and optimizing the trading portfolio across the various natural gas liquids (NGL) positions within the assigned regions. Expected to concentrate on building profitable trading and marketing opportunities in assigned markets using physical product, futures, and swaps. The primary focus is to perform rigorous fundamental analysis of the NGL markets both domestically and globally, build robust client relationships, and translate these into profitable trading strategies.
Candidates should bring a high degree of passion, focus on achieving strategic company objectives, and maintain an entrepreneurial spirit. Primary Responsibilities, Scope, and Key Attributes:
- Assist the team and General Manager of NGL Trading in the daily management of the overall NGL portfolio.
- Develop new trading strategies using in-depth fundamental analysis and market intelligence.
- Recognize market trends and disconnects, executing transactions efficiently and decisively.
- Continuously challenge and debate existing strategies and new trading ideas.
- Perform thorough analysis of existing infrastructure, infrastructure in development, and associated current and future flows as it relates to the fundamental dynamics of the global NGL market.
- Identify business development or asset development opportunities that expand market access, strengthen customer relationships, and create value across the NGL portfolio.
- Ensure compliance with all risk and position limits set within the Limit Framework and maintained by the Atlas Risk Committee.
- Network and interact with all relevant NGL market participants, with particular emphasis on major traders and marketers both domestically and globally.
- Ensure accuracy of deal entry, daily positions, and mark-to-market within the internal system of record, reconciling any differences promptly.
- Follow company risk management policy for all trades to ensure proper controls and return thresholds are aligned with corporate goals.
- Perform other related duties as assigned.
Required Education/Certification:
- Bachelor’s degree in Business, Finance, Economics, or a related field.
Required Experience:
- Five plus (5+) years of professional experience in a trading environment.
- Three (3) years of experience in an NGL trading environment.
- Three (3) years of experience performing NGL supply and demand analysis.
- Three (3) years of experience in deal execution through electronic platforms, brokers, and direct with counterparties.
- Experience in both physical and financial trading.
- Keen understanding of spread trading including time spreads, basis, and cross-commodity.
- Experience in daily position and financial reconciliation between front-office, mid-office, and back-office.
- Proficient in Microsoft Office (Word, Excel, PowerPoint, Outlook).
- Strong mathematical and Excel skills for developing fundamental analytics.
Preferred Qualifications & Key Competencies:
- Familiarity with industry-standard commodity market analytics and logistics platforms.
- Highly quantitative with proven analytical capabilities.
- Demonstrated interpersonal skills to enable good team interaction, in addition to developing and maintaining positive relationships both externally and internally.
- Proven ability to perform under time pressure in fast-moving markets.
- Self-starter who is eager to develop new business with a demonstrated track record of bottom-line profitability.
- Ability to travel as needed for client meetings and industry networking.
📌 NGL Trader (Calgary)
🏢 Atlas Oil
📍 Calgary