Trader Lead - Northeast/New England

Company: Williams
Location: Houston
Posted on: September 17, 2023

Job Description:

Williams is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, age, marital status, disability, veteran status, genetic information or any other basis protected under applicable discrimination law.

Job Description

Do something that means something at Sequent, a Williams Company. This isn't just a job - it's an opportunity to explore and discover your passion with coworkers who become friends and mentors who push you to be your best self in and out of the office. At Sequent Energy Management, we make clean energy happen. And you can too, so bring your energy to ours!

The Trader Lead is responsible for trading desk operations and conducting commodity trading transactions, while specializing in the 30-day spot market. This role will collaborate with others to support the overall business objectives, including multiple counter-party deals and work on sophisticated problems related to commodity trades, transportation and storage. Strong problem solving skills and the ability to bring a new perspective on existing solutions to improve performance, efficiency and safety are keys to success!

Your work will challenge you, and with our Core Values to guide you, you'll quickly learn and grow with us.

Day in the Life - Northeast / New England Trader

The Lead New England Trader holds a crucial role in overseeing physical trading desk operations and driving profitability in the region. With a minimum of 5 years of regional experience, this position requires in-depth market knowledge, established industry relationships, and a track record of success. Responsibilities include executing trades, optimizing storage and transportation strategies, valuing assets, managing positions, creating new deals, maintaining counterparty relationships, and driving continued profitable growth while mitigating risks. Collaboration with cross-functional teams, such as scheduling, financial trading, and risk management, is essential for effective coordination. Proficiency in the Endur deal entry/risk system is required. Overall, the Senior New England Trader plays a pivotal role in shaping and executing trading strategies to maximize profitability and contribute to the success of the organization.

Responsibilities/Expectations:

• Buys and sells energy related products on a short-term and intermediate basis, transacting for profit or on behalf of the organization's assets
• Conducts trading by contract with producers, energy traders and consumers within the company's trading strategy guidelines, risk limits and government regulations
• Analyzes trading opportunities systematically to have an optimal transaction portfolio
• Conducts trades that optimize profits and level of risk exposure and monetizes the value of the inherent optionality in the trading book's contracts
• Collaborates with others to use futures and other financial tools as a service for customers and for internal hedging of deals
• Negotiates transportation and exchange agreements to implement sales to local distribution companies and other end users
• Serves as a customer service contact, communicates market conditions and implements strategies to improve the business's operations
• Contributes to overall business strategy, collaborates with scheduling/distribution teams to deliver on trades
• Other duties as assignedEducation/Years of Experience:
  • Required: Bachelors degree in Business, Engineering, Accounting, Finance or related field; a minimum seven (7) years of experience in energy marketing or similar business with five (5) years direct trading experience
  • Preferred: MBA; minimum seven (7) years of commodity trading experience in energy trading businessShift/Work Hours/Travel Requirements:
    • After hours work regularly required, willing to be available 24/7/365
    • Must be willing to travel up to 25%Other Requirements:
      • Demonstrates excellent organizational/interpersonal skills and safety as the utmost priority
      • Proficiency in Microsoft Office Applications and PC skills
      • Adaptability to respond to market changes and unexpected situations
      • Understanding of volatility of supply, storage, constraints, tariffs and regulatory actions
      • Sound knowledge of regulatory environment and legal and risk policies
      • Preferred: Knowledge of trading systems for specific commodity market
      • Preferred: Scheduling/distribution representative experienceWhy Choose Williams?
        
        We are committed to providing our employees with competitive compensation and benefits as part of your Total Rewards package to help protect your current and future physical, emotional, and financial health. We generally offer health benefit programs to our employees and their families that are competitive and flexible enough to meet your needs, and retirement benefits to allow you to invest now for financial security when you retire. With rich learning and development programming and a high internal mobility rate, you are not just applying to a job with Williams; you are embarking on an exciting career!
        • Competitive compensation
        • Annual incentive program
        • Hybrid work model - one to two work from home days each week for most office-based roles
        • Flexible work schedule for most field-based roles
        • 401(k) with company matching contribution and a fixed annual company contribution
        • Comprehensive medical, dental, and vision benefits
        • Generous company-paid life insurance and disability benefits
        • A consumer-driven health plan option with the potential for a generous company contribution to a Health Savings Account
        • Healthcare and Dependent Care Flexible Spending Accounts
        • Paid time off, including floating and company holidays
        • Wellness Program with annual rewards
        • Employee stock purchase plan
        • Robust employee learning and development
        • High internal mobility (we promote from within)
        • Parental leave (we provide up to 6 weeks for each parent)
        • Fertility coverage and adoption benefits
        • Domestic partner benefits
        • Educational reimbursement
        • Non-profit donation matching contributions and time off to volunteer
        • Employee resource groups
        • Employee assistance programs
        • Technology to make our work more productive and collaborative
        • Regular employee engagement surveys and feedback processesWilliams has a long history of making a significant difference in the communities where we live and work, and we strive to cultivate an environment of employee inclusion, innovation and passion that values all voices and opinions. We help each other succeed and great things happen when people from a diverse set of backgrounds come together. Together, we make clean energy happen.
          
          Eligibility and benefits are governed by the terms of the applicable plan or program document which can be amended or terminated at any time.
          
          For more information, please visit https://www.williams.com/careers/total-rewards/.
          
          Education Requirements:
          
          Skill Requirements:
          
          Competency Requirements:
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Keywords: Williams, Houston , Trader Lead - Northeast/New England, Accounting, Auditing , Houston, Texas