Saturday, October 9, 2010

NGL Trader; $80-130K


IMMEDIATE NEED for NGL Trader for full of class, growing company based in Denver, CO. This is a newly created position due to company growth.
This is an excellent opportunity to play a major role in the development and growth of a successful natural gas marketing company.
This fast growing natural gas company has experienced several years of solid earnings and rapid expansion in an uncertain market environment that has recently seen liquidation of many major market players. They continue to move aggressively into new markets and specialize in offering creative, value-added solutions to meet their customers' specific needs. Their asset-based marketing and trading philosophy in which strategies are based around utilization of storage and firm transport contracts, rather than speculation, has allowed them to remain successful in the turbulent energy marketing arena.

This opportunity exists because the company desires to expand and grow its business. They desire to expand further into existing markets and capture new markets in an organized, systematic process that will guarantee customer retention and therefore, develop a strong repeatable revenue base that will guarantee strong, stable, and profitable growth into the next ten to fifteen years.
Responsibilities include:

1. Building and managing the domestic trading portfolio as well as overseeing commercial negotiations, In this position, the candidate is expected to generate significant gross margin for the company over time.
2. The importance of a candidate's ability to contribute current industry contacts is emphasized. A well established understanding of the US NGL market is imperative.

Key Responsibilities:

* Developing an executive brief on the opportunities in the NGL business
* Creating a business plan for the company
* Establish term-agreements to support growth
* Build new sustainable and profitable business
* Daily profit/loss reporting and explanation
* Participate in Business Development projects

Requirements Ideal candidate will have a broad understanding of the NGL business and a significant network of industry contacts. The candidate will have a solid understanding of both the physical and financial markets for natural gas liquids and a proven track records of crating value. The candidate must be able to describe the NGL business, form opinions about the opportunities both near and term and long term, recommend where the company should become active and create a business plan. The candidate must be able to assess opportunities, thoroughly and analyze them and present them to the management in a concise manner.

* 7 years energy-related experience with a minimum of 5 years NGL Trading experience required
* College degree in Engineering, Business or Finance preferred
* Proven track record of building a profitable NGL business
* In depth understanding of NGL market, price exposure, risk profiles and a solid existing network of industry contacts is required
* Energetic, forward thinking and creative individual with high ethical standards
* Strategic visionary with sound technical skills, analytical ability, good judgement, and strong operational focus
* Proficient in Microsoft Office products and NGL trading systems
* Well organized and self-directed individual who is able to successfully manage and execute multiple projects in a fast paced environment.

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