Wyomissing, PA, United States
21 hours ago
Trader I (Natural Gas)

Requisition Number: 25886 

A subsidiary of UGI Corporation, UGI Energy Services supplies and markets natural gas, liquid fuels, renewable natural gas, and electricity to 42,000 customer locations across the Mid-Atlantic and Northeastern US. We are a supplier, marketer, and midstream services provider - one backed by 135 years of natural gas experience, plus our own expanding energy infrastructure. Along with buying and selling energy commodities at the wholesale level, UGIES owns and operates key midstream natural gas assets.

 

We offer comprehensive benefits, some of which are:

Paid Vacation time starts with 3 weeks off

9 Paid Holidays

Medical plan, prescription, dental, vision, life insurance

Paid parental and volunteer time

401(k) matched savings plan

Tuition Reimbursement  

Job Summary

The Analyst I- Supply Planning & Procurement is a professional role which requires prior natural gas industry experience.  This role is responsible for procuring natural gas supplies for UGIES’s retail and wholesale customers.  This position participates in the Company’s critical day protocol by monitoring customer’s peaking requirements and assisting to develop plans for the dispatch of the Company’s peaking assets.  With guidance and direction, the Analyst I contributes to the Company’s efforts to grow the supply portfolio by providing analysis and/or participating in team efforts to respond to RFPs and open seasons.  Additionally, this role requires excellent communication skills in sharing team’s activities, asset utilization, and market conditions to both peers and management.  

Duties and Responsibilities

Procurement /Trading

With guidance and/or direction, purchase and sell natural gas supplies for UGIES retail customers, generate income from transportation capacity, storage, and peaking assets.  Provide instruction to scheduling team for daily asset utilization and contingency planning.  This includes some afterhours and weekend efforts.  Maintain and develop new counterparty relationships.  Participate in critical day protocol by participating in the development of plans to dispatch the Company’s peaking assets.

 

Growth

Participate in initiatives to grow the Company’s supply portfolio.  With guidance, provide analysis related to wholesale/retail RFPs.  Identify opportunities and transactions related to UGIES’ capacity and storage assets in the cash market to increase margin opportunities.

 

Risk Management

Make recommendations for process improvements to files and spreadsheets in an effort to find time savings / increase efficiency and enhance information sharing.  Minimize reliability risk to the company by using knowledge of standard pipeline constraints, OFOs, and restriction to adapting procurement/trading activity.

 

Forecasting & Communication

Accurately track and maintain a record of our transactions related to trading activities on a timely basis in UGIES’ gas management system.  Communicate market information, trading activity, and financial performance to team and management.  Participate in discussions and meetings intended to communicate team's efforts, financial performance, and trading positions with to peers and leadership. Knowledge, Skills and Abilities Natural gas industry experience required.  Natural gas scheduling experience strongly preferred. Excellent problem-solving, critical thinking skills and analytical skills, ability to anticipate, identify and resolve problem areas before they become exacerbated. Ability to prioritize and adapt to changing circumstances. Team oriented. Strong oral and written communication skills and ability to communicate efficiently with external & internal customers. Education and Experience B.S. in Business, Accounting, or related discipline and at least 2 years of prior work experience in the natural gas industry, Associate degree and at least 4 years of prior work experience in natural gas industry, or at least 6 years of prior work experience in the natural gas industry with at least 3 years of which includes pipeline scheduling. 2 years’ experience. Natural gas, electric, or commodity experience required.

UGI Energy Services, is an Equal Opportunity and Affirmative Action Employer.  The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, veteran status, or any other legally protected class in its practices.

 

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