CIB - Global Commodities – Physical Natural Gas Trader – VP – Houston/New York

JP Morgan ChaseHouston, TX 7700218d ago

Req #: 190042289_1

Location: Houston, TX, US

Job Category: Sales/Trading/Research

CIB - Global Commodities – Physical Natural Gas Trader – VP – Houston/New York 


J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Purpose/Priorities:         

  • To monetize derivative client flow via the sales desk, to price it competitively and to monetize client value as efficiently as possible
  • To use liquidity from client flow to proficiently maximize revenue
  • Risk Manage Physical Gas portfolio including storage and transport
  • Transact short/long-term physical natural gas structures
  • Coordinate with Gas Scheduling to maintain operational integrity of desk
  • Identifying transport spread opportunities
  • Identify growth areas in the form of new instruments or products to be traded in the physical Natural Gas market

Key Responsibilities:      

  • Appropriately sizes, understands and manages risk in the portfolio commercially             
  • Take into consideration, risk, credit costs and the competitive environment when pricing            
  • Managing client risk in order to minimize and capture client value efficiently       
  • Proactively runs risk with educated views on underlying markets in order to create added value from that client flow    
  • Understanding credit implications of all activities       
  • Distils complex ideas or structures into meaningful communications       
  • Enhances reputation of firm through expertise, professionalism and maturity in verbal and written communications      
  • Drives the effective working of the team through strong communication and involvement of all team members               
  • Shares experiences and best practices to deliver business objectives     
  • Builds and leverages partnerships to deliver the whole firm to clients

  Desirable Skills, Experience or Qualifications:     

  • The ideal candidate should have: the ability to work well under pressure, with a number of people of different nationalities and personalities; and a high degree of initiative, drive and commitment.
  • Minimum Bachelors degree or equivalent required
  • Minimum 5 years experience in trading physical natural gas including transport, power plant gas supply, load, and relationships with major gas suppliers.
  • Strong understanding of North American Natural Gas infrastructure