SoCalGas

Energy Trading - Natural Gas Senior II

SoCalGas  •  Los Angeles, CA (Onsite)  •  21 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

About Us

SoCalGas, the nation’s largest gas distribution utility, is dedicated to providing safe, reliable, and affordable energy to over 21 million Southern California customers. Through innovation, collaboration, and an unwavering commitment to the needs of our communities we proudly uphold our mindset of “Glad to be of Service” and provide exceptional customer service today and ready to meet California’s energy needs with innovative solutions for tomorrow.

As an employee of SoCalGas, you will support our core values to do the right thing, champion people, and shape the future. You will play a pivotal role in the energy transition initiatives, supporting our mission: Safe, reliable, and affordable energy delivery today. Ready for tomorrow. We are committed to attracting top talent and fostering a diverse workforce that reflects the vibrant communities we serve.

As an employee of SoCalGas, you’ll enjoy a competitive compensation plan, upward mobility opportunities and the ability to find a true work life balance.Discover the rewards of joining SoCalGas by exploring our website:Our Mission; Sustainability, In the Community, and Employee Benefits Join SoCalGas today and become a vital part of a team that is driving innovation, championing community needs, and shaping the future of energy in California.

Primary Purpose
Leads complex trading strategies that integrate storage, transport, and regional hub dynamics across multiple time horizons. Develops structured opportunities, sets regional views, and drives portfolio optimization while maintaining discipline under the firm's risk and compliance standards.

Duties and Responsibilities

  • Assesses asset value and executes physical and financial gas trades to extract value while ensuring operational reliability.
  • Assesses market liquidity and volatility to adjust positions and strategies that preserve capital and optimize returns.
  • Builds and maintains relationships with key counterparties including producers, end-users, marketers, pipeline operators, and brokers.
  • Confirms and approves optimal purchase timings, prices, quantities and delivery modes, and develops daily nomination strategies.
  • Leads short-term electricity market analysis and operational review to develop and defend trade strategies.
  • Makes markets and supports asset optimization teams in hedging the company’s generation portfolio.
  • Negotiates and executes trades through exchanges, brokers, and bilateral solicitations.
  • Structures and prices non-standard gas transactions while ensuring alignment with credit, legal, and risk frameworks.
  • Performs other duties as assigned.

Qualifications

Education

  • Requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.

Experience

  • Requires 8 years of related experience.

Knowledge, Skills and Abilities

  • Required: Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
  • Required: Deal Structuring - Prioritizing the objectives of a merger or acquisition and ensuring that the top-priority objectives of all parties involved are satisfied, along with considering the weight of risk each party must bear.
  • Required: Energy Market Analysis - Examination and evaluation of national and international regulated markets that deal specifically with the trade and supply of energy.
  • Required: Energy Trading Strategy - The strategic approach taken to trading in energy market in order to take advantage of fluctuations in price and volume when buying and selling energy commodities.
  • Required: Energy Transaction Management - Managing the purchase or sale of a specified quantity of energy at a known transaction point or through an organized market.
  • Required: Pricing Structures - Defines the pricing setup for products or services, including the core price points plus discounts, offers, and strategy.
  • Required: Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
  • Required: Risk Management - Identifies, evaluates and manages risks by developing and implementing risk management strategies, frameworks, policies, procedures and practices.
  • Required: Scenario Planning - Scenario planning focuses on an outlook for the future. It is a method with which organizations can form an idea of possible future scenarios and how these may affect their strategic objectives.
  • Required: Trading Position Management - Management of exposure to risk when trading by aligning positions within intended trading strategies and risk parameters.

Benefits

SoCalGas offers a comprehensive benefits program to help support employees both personally and professionally. These benefits include, but are not limited to:

  • Competitive pay & Annual Bonus program
  • Medical, dental, and vision packages (plus free Mental Health resources/sessions)
  • 401K company match & Company provided Pension Plan
  • Work/Life Balance including generous PTO
  • Wellness Programs/Classes   
  • Tuition/Education Reimbursement
  • Career Development Tools & Resources through SoCalGas University

Follow us on social media to stay current with what we’ve been up to on X, Facebook, YouTube, and Instagram

Location


Gas Co Tower-0898

Total Rewards Philosophy

Note: SoCalGas strives to ensure that employees are paid equitably and competitively. Starting salaries may vary based on factors such as relevant experience, qualifications, and education. SoCalGas offers a competitive total rewards package that goes beyond base salary. This position is eligible for an annual performance-based incentive (bonus) as well as other merit-based recognition. Company benefits include health and welfare (medical, dental, vision), employer contributions to retirement benefits, life insurance, paid time off, as well as other company offerings such as tuition reimbursement, paid parental leave, and employee assistance programs.

SoCalGas

About SoCalGas

SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves.

Industry
Energy & Utilities
Company Size
1,001-5,000 employees
Headquarters
Los Angeles, CA
Year Founded
Unknown
Social Media