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: Wholesale Trading Gas/

Location: Madrid, Spain
Experience level: +5 years
Job type: hybrid
Requirements: English C1 or higher + Bachelor's degree or higher + Experience in LNG commodities financial trading
 

The team you are joining:

You will Join the WTG Team , so the position requires deep knowledge and understanding of the global gas and LNG markets, including operational, technical and financial aspects and risk mitigation tools. This involves appreciation of the macro-economic fundamentals of global gas markets, intelligence on the activities of producers and users of natural gas, understanding the financing of gas trading, structuring LNG sales/purchase contracts

Your mission will be maximizing the value of the volumes available for trading in LNG markets by identifying opportunities, developing positions, managing risk and ensuring effective coordination of all parties involved in execution of financial trades.

Main tasks:

Identifies business opportunities and generates viable leads by maintaining an effective network of industry contacts and conducting analyses of gas market fundamentals

Identifies, develops and manages a suite of tools and data in pricing deals which ensures profitability and optimizes risk in volatile markets, and tracks performance and reports on their implementation

Manages and executes trades in financial markets which enable the business to maintain portfolio equilibrium, limit risk and manage liquidity

Identify and execute trading strategies in order to monetize the optionality in the portfolio 

Coordinates the involvement of expert advice (e.g. legal, risk, financial) in the analysis and development of business proposals such that value to the portfolio can be maximized and risks mitigated

Provides the company with access to markets by negotiating enabling agreements with financial institutions, exchanges, derivatives brokers and supports the finance function in obtaining adequate credit terms to trade

Provides mentoring and leadership to junior trading to maintain quality standards and to support the professional development of such staff

Coordinates with MO team to calibrate and refine models

 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 a quantitative subject (i.e. Economics, Business, Engineering, etc)

5-10 years working experience in LNG commodities financial trading and strong network and reputation within LNG industry

Excellent understanding of the LNG market, physical and derivative trading concepts

Highly numerate able to conduct complex economic and financial modelling

Strong Spanish preferable

#LI-LP1

Required skills:

Job posting end date:28-03-2025