Gas Shipping Team Lead
Department: Trading
Employment Type: Full Time
Location: Dublin 18
Description
Bring your experience to join a dynamic, highly talented and growing team and develop both yours and our capabilities to the next level. The strength of our Forward trading department has helped underpin extensive growth and as we seek to break into the top 3 energy suppliers in Ireland we want to further excel and develop our expertise and capabilities to continue to provide strong foundations of further growth. We have grown from a niche provider of residential prepayment gas and electricity to a large energy company covering several segments of the industry including our PrePayPower brand, Yuno residential bill pay product, Yuno Commercial electricity and gas, Yuno heat and Firmus energy in Northern Ireland. Across the Island we supply 7 TWh of energy across Electricity, Gas, Heat and Oil supplies.
To support further growth and in particular commercial gas supply growth across the Island we are creating a new Gas Shipping and Trading team within our Forward trading department. The aim of this team will be to bring in house our physical gas shipping and interconnector capacity management. They will also support and help expand our existing gas prompt and forward gas trading activities, optimising our capacity position on a day-to-day basis, support business development opportunities in commercial gas and engage with supply side counterparties to expand our gas market coverage.
Key Responsibilities
* Assist senior management with creation and set up of All Island Gas shipping team to support import and trading of gas from NBP to both IBP and NIBP
* Set up of counterparty relationships and contracts across network operators, exchanges, bilateral and OTC counterparties
* Assist senior management with set up of access to exchange trading
* Oversight and monitoring of commercial positions for gas shipping
* Develop strategies and operations procedures for physical gas trading, interconnector capacity bookings, IBP transactions, secondary capacity trading
* Oversee gas desk operations and optimisation of prompt position
* Support senior management on formulation and implementation of hedge strategy
* Support risk and position management & development of risk management tools and reporting
Skills, Knowledge and Expertise
* Similar to above but with less experience: 4 to 8 years with at least 4 on topic
* Experience in gas shipping operations and / or gas prompt trading
* Must have experience of physical gas shipping operations and work experience in the Irish, Northern Irish or GB markets would be preferential.
* Experience of gas prompt trading and short term market dynamics would be advantageous
* Understanding of GNI Code of Ops, GB UNC and constituent components and companies involved in shipping from GB to Island of Ireland is necessary
* Understand the commercial and physical journey for a molecule of natural gas to travel from NBP to IBP
* Understanding of gas capacity booking and portfolio optimisation
* Understanding of commercial gas pricing would be preferable
* Understanding of European wholesale gas market supply and demand fundamentals
Benefits
* Competitive salary & bonus structure
* Discounted Health Insurance – Group Scheme with Laya Healthcare
* Employee Assistance Programme – a confidential 24/7 support for employees provided by Telus
* Employer matching company Pension Scheme
* Great career progression opportunities and continual training and development
* Generous annual leave, increasing with service
* PrepayPower or Yuno Staff Tariff
* Great staff social events provided by employee-led Wellness & Sports, CSR and Social committees
* Monthly beer and pizza on the first Friday of each Month
* Regular Fruit drops, twice a week
* Refer a Friend Scheme
* Tax Saver Travel Tickets and Bike to Work Scheme
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