DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada.
(more about DTE)Gas Trader
DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states. But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences, and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
Job Summary
Location: Detroit, MI
The Gas Trader is responsible for creating value through analyzing and understanding the market in the region assigned. Work involves performing difficult and complex services requiring some independent judgment, initiative, and discretion. Work is performed under general supervision with results reviewed through the achievement of set goals and adherence to policies and procedures.
Key Accountabilities
- Analyzes markets in the assigned region and develops and executes trading strategies
- Accountable for delivering positive financial results from the use of the company’s capital
- Manages capital allocation for positions and develops optimal trade execution strategies while managing the associated risks of the strategy
- Considers potential trades over several different time horizons and the interrelations and connectivity between several disparate supply/demand factors
- Performs all other related duties as assigned
Minimum Education & Experience Requirements
- A Bachelor’s degree (or equivalent) from an accredited college or university in Finance or Accounting, with three or more years of trading experience
Other Qualifications
Preferred:
- Thorough understanding of North American gas markets, including, but not limited to, supply and demand, logistics, regulations, and operations
- Specific knowledge of hedging and trading techniques for specific region
- Thorough understanding of all financial and physical products that are viable for executing trading strategies and hedges
- Thorough understanding of risk measurement techniques such as VaR used in measuring specific trading activity
- Working knowledge of finance, accounting, production, operations, and public policy issues facing the natural gas market in the assigned region
Other Requirements
- Ability to operate in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines
- Ability to establish and maintain effective working relationships with leader, coworkers, upper management and the general public and work successfully as a member of a team
- Possess strong problem-solving skills that can generate the necessary procedures for resolution either by direction to others or by self-implementation
- Possess strong written and verbal communication skills including the ability to communicate effectively with people at all levels
- Intermediate knowledge of Microsoft Word and Excel and basic knowledge of PowerPoint
Physical Demands & Working Conditions
The physical demands characterized here epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. In order to properly perform the integral functions of this job, the employee is required to:
- Occasionally stand or walk and stoop or kneel. Frequently, the employee is required to sit
- Talk or hear, both in person and by telephone; use wrists, hands and/or fingers in a repetitive motion; and reach with hands and arms extensively
- Occasionally lift objects of up to 10 pounds in weight
- Use computers with exposure to video display terminals; and some repetitive motion associated with data entry, the use of a computer mouse, and while using other office equipment
- Vision requirements for this position include close vision, color vision, depth perception and the ability to adjust focus
The employee performs job duties primarily in a work from home capacity and periodically from a climate-controlled office environment, with a moderate noise level.
Additional Information
Incumbents may engage in all or some combination of the activities and accountabilities and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS
At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.