Sr. Gas Trader

Capital Power Corporation; Calgary; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading North American energy company is seeking a Sr. Gas Trader to manage the gas portfolio strategy and achieve trading targets. The ideal candidate will have over 5 years of experience in natural gas trading and strong analytical skills. The position requires a Bachelor's degree in a relevant field and offers a 4-day in-office workweek. Join us in powering North America while contributing to a lower-carbon future.

Benefits

Referral rewards

Diversity and inclusion initiatives

Qualifications

• 5+ years in profitable natural gas trading or gas scheduling focusing on Henry Hub and AECO markets.
• Experience with physical gas, asset optimization, structured products, and options.

Responsibilities

• Manage gas portfolio strategy, achieve trading targets.
• Model daily quantitative analysis of gas markets.
• Communicate market and portfolio changes to leadership.

Skills

Strong analytical skills

Natural gas trading experience

Proficiency in Python

Proficiency in R

Advanced finance knowledge

Education

Bachelor’s degree in engineering, economics, computer science, finance, or mathematics

Graduate degrees or financial designations like CFA or FRM

Tools

MS Office

Job description

A little about Capital Power: Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future.

We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America. Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions.

We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full-Time Position as a Sr. Gas Trader involves managing the gas portfolio strategy, achieving trading targets, and working closely with the power trading teams. The ideal candidate should have strong analytical skills, experience in natural gas trading, and the ability to thrive in high-pressure situations.

You will contribute by:

1. Working towards delivering $500-$800M of annual AESO portfolio EBITDA, including incremental trading targets of $15M to $30M/year
2. Proprietary trading across US gas regions
3. Managing approximately 250TJ/d of gas transport to ensure gas deliverability to our assets
4. Modeling North American (and abroad) daily quantitative and fundamental analysis of gas markets, locational basis, transport, storage, weather, etc., to support Canadian and US T&O
5. Taking analytics, experience, and other key factors into account to formulate and analyze portfolio strategy to optimize risk and return
6. Ensuring strategy-based coordination across the portfolio (Real-Time, Cash, Term, Asset, Structured Products)
7. Valuing and pricing of Origination deals
8. Running daily P&L models
9. Proactively communicating market and portfolio changes to leadership
10. Consolidating innovative recommendations into implementation plans, providing practical solutions aligned with the organization’s vision
11. Assisting in the evolution and execution of the Long-Term Hedging Plan (2-10+ years)
12. Sharing knowledge about pipeline toll structures and market changes
13. Supporting portfolio commercial interests and business development initiatives
14. Collaborating effectively within the team and supporting corporate values
15. Monitoring all applicable risk, credit, and process policies
16. Providing input into regulatory files such as AECO and other market items like gas tariff structures

What you will bring to the role

Education: Bachelor’s degree in engineering, economics, computer science, finance, or mathematics. Graduate degrees or financial designations like CFA or FRM are preferred.

Experience: 5+ years in profitable natural gas trading or gas scheduling, focusing on Henry Hub and AECO markets. Experience with physical gas, asset optimization, structured products, and options.

Technical Skills: Portfolio management experience, advanced finance and risk management knowledge, proficiency in MS Office, Python, R, and familiarity with algorithmic methods/machine learning is an asset.

Working Conditions: 4-day in-office workweek, with potential for 5 days, odd hours, and weekend work depending on portfolio needs.

Additional Details: Position open until filled. Must be legally eligible to work in Canada. Will undergo verification checks. Referral rewards available.

How to Apply: Submit your resume online at www.capitalpower.com/careers. For accommodations, contact [e-mail].

We value diversity and are committed to a fair hiring process. We look forward to your application and the possibility of you joining us in powering a sustainable future!