Energy Trading - Natural Gas Senior II

Posted 7 Days Ago
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Los Angeles, CA, USA
In-Office
Senior level
Energy • Utilities • Renewable Energy
The Role
Leads complex natural gas trading strategies across storage, transportation, and regional hubs. Executes physical and financial trades, evaluates market liquidity and volatility, optimizes portfolios, develops nomination strategies, and supports electricity market analysis. Structures transactions, manages counterparties, negotiates trades, and ensures compliance with credit, legal, risk, and operational requirements.
Summary Generated by Built In
Job Summary & Responsibilities

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.
Preferred 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. 

Skills Required

  • Four-year degree in a relevant field, or equivalent combination of relevant education and experience
  • Eight years of related experience
  • Data analysis and statistical analysis
  • Deal structuring
  • Energy market analysis
  • Energy trading strategy
  • Energy transaction management
  • Pricing structures
  • Regulatory compliance
  • Risk management
  • Scenario planning
  • Trading position management
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The Company

What We Do

SoCalGas is the nation's largest natural gas distribution utility, providing safe, reliable, and affordable energy to 21.1 million consumers across Central and Southern California. A subsidiary of Sempra, the company is committed to the evolution of energy by integrating sustainable fuels like hydrogen and renewable natural gas to support California's climate goals and ensure a sustainable future.

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