Gas Trader

Repsol; Madrid; Híbrido; EUR 50.000 - 70.000; Jornada completa

Descripción de la vacante

A leading energy company is seeking a Gas Trader in Madrid to execute and optimize trading strategies across European gas markets. The role involves conducting market analysis, managing risks, and building relationships with key market participants. Candidates should have a Bachelor's or Master's degree in a quantitative field and 3-7 years of front-office trading experience. Proficiency in Python, SQL, and experience with ETRM systems are highly desirable. A range of benefits including a permanent contract and medical insurance is offered.

Servicios

Permanent contract

Bonus according to objectives

Medical insurance

Contribution to pension plan

Digital disconnection

Conciliation measures

Legal advice

Employee support services

Formación

• 3-7 years of front-office trading experience in European gas markets.
• Proven track record of delivering P&L results and managing trading strategies.
• Strong understanding of European gas fundamentals and LNG flows.

Responsabilidades

• Execute proprietary and/or asset-backed gas trades across European hubs.
• Optimize storage, transport, and LNG positions to maximize commercial value.
• Conduct market analysis to identify trading opportunities.
• Ensure robust risk management and compliance with regulations.
• Build and maintain strong relationships with counterparties and market operators.

Conocimientos

Analytical skills

Commercial acumen

Proficiency in Python

Proficiency in SQL

Proficiency in Excel

Educación

Bachelor’s or Master’s degree in Economics, Engineering, Finance

Herramientas

ETRM systems (e.g., Allegro, Endur)

Descripción del empleo

At Repsol, we are committed to equality and do not request personal information. We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.

Key information:

Team: Trading & Optimization

Location: Madrid, Spain

Experience level: 3-7 years

Job type: hybrid

Requirements: English C1 or higher + Bachelor's degree or higher.

Main tasks:

The Gas Trader will be responsible for executing and optimizing trading strategies across European gas markets. This role requires strong analytical skills, commercial acumen, and the ability to thrive in a dynamic, fast-paced environment. The Gas Trader will contribute to the team’s P&L, manage risk, and build relationships with key market participants, supporting the company’s efforts to maximize the value of its gas portfolio and maintain compliance with all regulatory requirements.

• Execute proprietary and/or asset-backed gas trades across European hubs (TTF, NBP, PEG, MIBGAS, etc.), with a focus on the Spanish market.

• Optimize storage, transport, and LNG positions to maximize commercial value.

• Conduct market analysis to identify trading opportunities and emerging trends in short-term and seasonal markets.

• Ensure robust risk management and compliance with internal and external regulatory frameworks.

• Collaborate with analytics, scheduling, and risk teams to ensure accurate trade capture, reporting, and performance analysis.

• Build and maintain strong relationships with counterparties, brokers, and market operators.

• Support the Head of Gas Trading and other traders in developing and executing advanced trading strategies.

• Prepare regular reports on trading performance, market insights, and profitability for senior management.

What we offer:

• Permanent contract

• Bonus according to objectives

• Medical insurance

• Contribution to pension plan

• Digital disconnection

• Conciliation measures

• Legal advice

• Employee support services

You will fit the position if:

• Bachelor’s or Master’s degree in Economics, Engineering, Finance, or a related quantitative field.

• 3–7 years of front-office trading experience in European gas markets, with a preference for experience in Spanish transport and storage.

• Proven track record of delivering P&L results and managing trading strategies.

• Strong understanding of European gas fundamentals, storage economics, and LNG flows.

• Proficiency in Python, SQL, and Excel; experience with ETRM systems (e.g., Allegro, Endur) is highly desirable.

#LI-CG1