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Shell Canada

Senior Trader (Power) - Calgary, AB

By Shell Canada

Dead Line: October 16, 2021

The Role
 
If you’re a trading professional who gained experience in the Power sector, we can offer you a challenging role contributing to Shell’s growing portfolio.
 
What the role is and where you fit in
 
Your role as a Senior Trader will be to trade physical and financial power and gas in the Rockies from dailies to forward months within delegated Value at Risk (VaR), Public Market and Gas Equivalent limits. On a higher level, you will be valuing and executing profitable transactions in coordination with the Rockies Sales and Origination team, as well as supporting a distinctive supply chain with a distinct competitive structure while trading intelligently to help build Shell’s value.
 
Other dimensions of the role include:
 
  • Producing profitable trading results by meeting or exceeding the annual financial target for the team.
  • Power and financial gas trading in WECC regions from cash to prompt month.
  • Creating value as a new entrant into a new state/market, particularly in eastern WECC (Colorado, Wyoming, Alberta, Montana, etc).
  • Participating in portfolio construction and risk-taking decisions.
  • Achieving growth in trading results through coordination with gas and power operations, origination, and the term trading desk.
  • Directly engaging with Sales and Origination customers to value and execute routine transactions.
  • Working closely with operations, risk, credit and accounting groups to track trade positions and profitability.
  • Operating within Shell’s defined Risk, Credit, and Contract Parameters and adhere to both the letter and the spirit of all relevant legislation and compliance.
  • Supporting effective operation of virtual teams, share best practices to ensure close cooperation with other regions.
 
What we need from you
 
At least three (3) years of experience in power trading. We also look forward hear from candidates who are knowledgeable of regional power and gas markets, pipelines, transmission, generation and storage facilities. Leadership skills, decisiveness, respect of colleagues, and the ability to work as a team within a group and with other groups within Shell are critical qualities for the position.
 
Further requirements include:
 
  • Legal authorization to work in Canada without sponsorship.
  • Bachelor's degree in Economics, Business, Finance, Mathematics, Engineering, or other related fields of study.
  • Understanding of physical and derivatives markets.
  • Ability to interpret micro and macro supply and demand fundamentals.
  • Exceptional analytical and quantitative skills, as well as keen attention to details.
  • Ability to manage multiple tasks and perform in a fast-paced team environment.
 
Additional information
 
  • The successful candidate will occasionally be required to manage business transactions on holidays and weekends by being in an on-call rotation.
  • Traders will be required to provide coverage for the Rockies and Pacific Northwest term trading desk in order to accommodate vacation and other business needs.
 
Company Description
 
In Canada, we do everything from exploring for oil and gas, to refining and manufacturing, to discovering new ways to reduce emissions, to delivering fuels to our customers from coast to coast.
 
We have many successful businesses and projects across Canada, including:
 
  • a strong and rapidly growing Upstream business built around the Montney and the Duvernay shale plays, on a foundation of Foothills sour gas;
  • a successful Downstream business anchored in our Sarnia refinery (Ontario) and our Scotford refinery and upgrader (Alberta) as well as our two world-class petrochemicals plants near Edmonton;
  • a network of 1,300 retail sites across Canada – a vital point of connection for our customers to us – which makes us one of the pre-eminent fuel retailers in the country;
  • strong Aviation, Sulphur and Lubricants businesses;
  • an innovative Supply and Trading business;
  • a prospective LNG export project in Kitimat, B.C.
 
Canada is especially well-suited to offer lower carbon energy solutions thanks to our highly experienced workforce, our abundance of natural resources and supportive government policies. In Canada, Shell is actively exploring opportunities to invest in new fuels for transport, renewable power and customer solutions enabled by digital technology to lead the global movement towards cleaner energy.