Manager, Natural Gas Trading

Manager, Natural Gas Trading

WHO WE ARE

"Energizing the Future."

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity.

For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.

For more information about TransAlta, visit our website at, www.transalta.com.

ABOUT THE role

Our Energy Marketing & Trading team is seeking a driven and highly experienced Manager to lead our Natural Gas trading desk.

The Manager, Gas Trading, leads all aspects of the gas trading desk and reports the VP & Head Trader. The role is accountable for planning the business, delivering on strategic and financial goals and ensuring effective people management and resourcing within the desk.

This is a full-time salaried position based at our head office in downtown Calgary on the Trade floor. Please note that this position is ineligible for remote work. We are open to hiring candidates from the US, with relocation support available. This is a Calgary based role.

WHAT YOU WILL DO

• Develop, implement, and review a 1-2-year business plan to drive proprietary trading results and achieve strategic objectives
• Identify and capitalize on growth opportunities within trading parameters, including geographic expansion and new product offerings

• Collaborate with the Customer Solutions team to expand TransAlta's natural gas customer business
• Lead and develop a high-performing team by selecting, mentoring, and establishing clear accountabilities for direct reports to ensure the delivery of agreed-upon outcomes
• Maintain a comprehensive trading plan for individual traders and the broader team, encompassing financial targets, products, tenors, and risk management measures
• Offer strategic leadership to the natural gas trading team to support TransAlta's growth and development business, including market intelligence sharing, trade idea generation, market pricing, and customer engagement
• Ensure the desk has strong fundamental analytics and modeling capabilities across all traded markets
• Oversee accurate reporting of trading positions, market pricing, and related processes
• Implement strategies to optimize asset management, maximizing gross margin and the value of TransAlta's energy assets while adhering to risk, safety, and compliance guidelines
• Work closely with power trading teams to provide insights and strategic advice on natural gas markets
• Identify and mitigate enterprise risks within the trading function
• Operate within the prescribed limits and risk framework established by the Managing Director, Risk
• Manage and strengthen relationships with existing customers, including TransAlta-owned and third-party assets (e.g., Saranac Facility) for which we procure fuel.
• Drive customer growth by effectively operationalizing customer agreements (e.g., EMAs)

WHAT WE NEED FROM YOU

• Bachelor's degree in business, economics or mathematics
• Minimum of 5 years of trading experience
• Familiar with balancing physical points, gas scheduling, LNG, constraints, and market fundamentals
• Optimizing pipeline and storage assets effectively
• Leading a team of traders, analysts and schedulers
• Building on our Alberta AECO market expertise
• Demonstration of risk management skills
• Evaluating fundamental market drivers to create a trading view
• Plan trade execution discipline around price, information, and capital allocation
• Remove emotion from decision making by having a trade management plan
• Rigorous analysis of market components and expectations

Additional Requirements:

• Successful completion of applicable background checks is a condition of employment

WHAT WE OFFER

• Comprehensive and flexible benefits for you and your family
• Competitive compensation
• Annual incentives, and a rewards program
• Hybrid working arrangements (for eligible roles)
• Vacation and personal days

To learn more about how we can energize your future, check out our new Employee Experience Booklet.

Become part of our TransAlta team today! We look forward to reviewing your application.

Our Commitment to Equity, Diversity, and Inclusion

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self.

TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. At TransAlta, we are dedicated to building an inclusive, diverse workforce where you can show up every day as your true, authentic self. So, if you're excited about this role but your qualifications and experience don't quite tick every box, we encourage you to apply anyways. You might just be the candidate we are looking for.