At INEOS Energy we produce and trade oil, gas, and carbon credits. INEOS Energy Trading (IET) is responsible for trading the gas production from INEOS’ upstream assets in the North Sea and also provides access to market for its internal businesses in countries across Europe with a significant overall energy demand.
Reporting directly to the Energy Operations Manager, the successful candidate will be responsible for accurate daily nominating and scheduling gas positions across various European hubs, grids and pipelines and liaise with Traders to update and monitor position as appropriate.
Responsibilities & Accountabilities
Key responsibilities:
- Responsible for accurate daily nominating and scheduling gas positions across various European hubs, grids and pipelines including UK, Germany, Netherlands, and Belgium within deadlines
- Booking/re-booking capacity on Gemini and Prisma, to ensure portfolio capacity requirements are met. Some involvement in long-term bookings
- Daily confirmation and reconciliation of beach swap volumes
- Update and monitor positions and liaise with Trading team
- Resolve mismatches to ensure all nominations are matched on an hourly and daily basis avoiding imbalances
- Update CVA website with beach delivery data. Review with counterparts and resolve any issues
- Trade support – trade capture and reconciliation in ETRM
- Settlements support – where required, assist with invoice reconciliations
- Confirmations – assist with confirmation of trades and reconciliation
- Ensure compliance with contractual, regulatory and shipper licence obligations.ad here to internal risk policies and update systems and processes as required
- Assist in setting up new business – counterparties, hubs, products, short-haul, supply to sites and changing market operations
- Support and advise Trade control and settlement teams to provide end to end operations for trading
- Ad-hoc requests from different business functions
- Perform UAT (User Acceptance Testing) as necessary for upgrades and project work
Skills and Knowledge required
Experience:
- Undergraduate degree in maths, economics or related discipline
- 2-5 years' experience working within a physical gas or energy trading environment.
- Strong understanding of daily scheduling controls/processes/procedures and end-to-end trade lifecycle.
- Good understanding of European gas transmission systems and balancing rules is preferable
- Experience working with Horizon/Endur, ENOM/Coderunner/Eurorunner, Gemini, PRISMA, Trayport, WebICE, PEGAS is preferred
- Strong working knowledge of Microsoft Office. VBA preferred
- Experience setting up new markets, products, and systems would be advantageous
- Knowledge and understanding of Gas storage, Power or LNG would be preferred
- Awareness and basic understanding of programming language
- Knowledge of another European language would be an advantage
- Experience of supplying/invoicing end users in UK and Continent
- Carbon Emissions experience (EUA/UKA)
- Candidates must be available to be on-call evenings and weekends on rotation
Skills
- Achieve high levels of accuracy with all work produced and be detail orientated
- Strong analytical and numerical skills
- Experience coding in Python, or another Object-Orientated Programming language is advantageous
- Possess a commercial mindset and use this when problem solving and taking on new challenges
Behavioural skills
- Ability to work independently and deliver work to tight timelines
- Desire and ability to create and deliver change
- Ability to work in a fast paced and dynamic environment
- Strong communication skills (both verbal and written)
- Be willing to learn from and share knowledge with colleagues
- Pro-active and self-motivated
- Must work well in a team and under pressure
- Flexible and adaptable to changing demands of business
- Dedication to review and improvement of existing processes
What we offer:
- Structure being a key member of a small team
- Onsite gym with an active internal sports department
- Range of staff discounts on INEOS products and partnerships.
- Benefits including health, dental, car and bike scheme