Texas-Mexico Natural Gas Trader: Physical & Hedging

ENGIE North America Inc.; Houston (TX); Hybrid; USD 135,000 - 225,000; Full time

Benefits offered by this job

Medical, dental, vision

Life insurance

401(k) with company match

Paid time off

Job summary

ENGIE North America is seeking a Texas and Mexico Natural Gas Trader to support growth and performance of the Mexico natural gas portfolio by managing physical supply activity and price risk across Texas and cross-border markets.

You will translate supply, demand, infrastructure, and pricing fundamentals into short-term and medium-term strategies that improve portfolio efficiency and identify commercial opportunities.

Qualifications

• Bachelor's degree in finance, economics, mathematics, or a related discipline with quantitative and market-analysis skills.
• A minimum of two years of natural gas trading or closely related commercial portfolio experience.
• Working knowledge of Texas intrastate/interstate pipelines and U.S.-Mexico cross-border natural gas flow dynamics.
• Strong knowledge of North American natural gas fundamentals including supply, demand, infrastructure, basis, index, and price-risk drivers.
• Experience supporting physical natural gas transactions and financial hedging strategies.
• Proficiency with Excel and at least one analytical or programming tool such as SQL, VBA, or Python.
• Ability to work independently, solve complex problems, manage multiple time-sensitive assignments, and adapt as market conditions change.
• Clear written and verbal communication skills, including presenting market views and collaborating across teams.

Responsibilities

• Manage physical and financial natural gas risk for the Texas and Mexico portfolio.
• Purchase physical natural gas at U.S. receipt points and coordinate supply requirements and cross-border needs.
• Develop and execute hedging strategies using physical purchases, basis positions, index swaps, fixed-price transactions, and time-spread opportunities.
• Build and maintain analytical tools to improve portfolio visibility, efficiency, and risk management.
• Analyze natural gas supply, demand, infrastructure, market participants, and pricing dynamics to form market views.
• Coordinate with trading desk to optimize molecules, receipt-point exposure, and long/short positions.
• Partner with origination and sales on pricing, transport capacity, supplier opportunities, and structured activity.
• Apply critical thinking to understand competitors, counterparties, and opportunities in the U.S.-Mexico border market.

Skills

Natural gas trading

Portfolio management

Cross-border markets

Analytical thinking

Communication skills

Independent work

Education

Bachelor's degree in finance/economics/related

Tools

Excel

SQL

VBA

Python

Job description

ENGIE North America is seeking a Texas and Mexico Natural Gas Trader to support growth and performance of the Mexico natural gas portfolio by managing physical supply activity and price risk across Texas and cross-border markets.

You will translate supply, demand, infrastructure, and pricing fundamentals into short-term and medium-term strategies that improve portfolio efficiency and identify commercial opportunities.