Director - Sr. Physical Natural Gas Trader

Work Location:

Calgary, Alberta, Canada

Hours:

37.5

Line of Business:

TD Securities

Pay Details:

$175,000 - $185,000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience.

With more than 6,900 professionals operating out of 32 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

We are seeking a highly skilled and driven Senior Physical Natural Gas Trader to join our team in Calgary. In this role, you will be responsible for executing profitable trading strategies in the physical natural gas markets, with a primary focus on cash trading and the optimization of storage and transportation assets. The ideal candidate brings a proven track record of generating consistent P&L, a deep understanding of Canadian natural gas fundamentals, and strong relationships within the industry.

Key Responsibilities

• Cash Trading: Execute daily physical natural gas trading strategies in the spot/cash markets to capture market volatility and arbitrage opportunities.
• Asset Monetization: Actively manage, optimize, and monetize the company's natural gas storage and transportation positions to maximize value.   
• Strategic Collaboration: Work closely with financial traders, schedulers, and originators to align physical and financial strategies and ensure smooth execution of physical deliveries.  Proactively pitch opportunities to acquire new storage, transport, and physical gas assets that align with our strategic growth.
• Market Analysis: Analyze fundamental supply and demand data, pipeline flows, weather forecasts, and pricing trends to inform and adjust trading positions.
• Risk Management: Monitor and manage daily trading exposures, ensuring all activities remain strictly within established risk limits and corporate compliance policies.
• Relationship Building: Develop and maintain strong working relationships with producers, end-users, pipeline operators, and other market participants to facilitate deal flow and gather market intelligence.
   

Qualifications

• Experience: 7 to 10+ years of direct, hands-on experience in physical natural gas trading.
• Market Knowledge: Deep, working knowledge of North American natural gas markets, specifically Western Canadian (AECO) dynamics, regional pipeline networks, and storage facilities.
• Track Record: Documented history of generating positive P&L through physical cash trading and asset optimization.
• Analytical Skills: Strong quantitative and analytical abilities, with proficiency in using market data platforms and trading software.
• Education: Bachelor’s degree in Finance, Economics, Engineering, Business, or a related quantitative field.
• Soft Skills: High-stress tolerance, decisive decision-making capabilities, and excellent negotiation and communication skills.

#Li-onsite

Who We Are:

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet