Midstream Commercial Optimization Lead

Midstream Commercial Optimization Lead Location Houston, TX :

Company Overview

At Spire, we believe energy exists to help people. To enrich their lives, grow their businesses, advance their communities. It's a simple idea, but one that's at the heart of our business. We're dedicated to understanding our customers' needs and goals to better serve them today and tomorrow. That's why we're always looking for driven, collaborative people to join our team. Because we believe that offering our customers the best service means bringing together the best people.

And we find the best by hiring those who share our values of safety, inclusion and integrity, and demonstrate our four essential behaviors that bring the Spire culture to life:

• We make it happen: We are a company of go-getters, acting on every opportunity to help our company advance.
• We seek out perspective: We challenge ourselves to be open to different ways of doing things, because learning from each other leads to breakthroughs.
• We collaborate: We put teamwork first, bringing in everyone's ideas, because our collective energy makes us stronger.
• We care: We treat people how we want to be treated, listening closely and doing what's right, even when it's hard

By living our values and behaviors every day, we strive to create an environment where every employee feels welcome, respected, and valued.

Summary

Spire is seeking a Lead, Midstream Commercial Optimization to join its midstream commercial team. This position is responsible for evaluating market conditions relative to capabilities of Spire's midstream assets to develop strategies that maximizes commercial opportunities for each asset. The position will also support the nominations, scheduling, confirmation, and allocation functions for Spire's pipeline and storage assets. The position will monitor transactions in the relevant markets to understand trends in volatility and forward curve price relationships and review relative to optimization strategies. Execute park & loan transactions and IT transactions as directed by the Director, Midstream Commercial Optimization.

Duties and Responsibilities

• Manage natural gas flows into/out of storage and pipeline
• Advise and assist in daily trading activities regarding the optimal use of storage and pipeline assets
• Create and negotiate new deals for Park and Loan, Firm Storage Service, Wheels, and other gas storage services
• Manage daily nominations, confirmations, imbalances, and other similar activities related to the tariffed-based natural gas services offered on multiple pipelines
• Complete statistical analysis of commodity prices
• Develop optimization tools to develop and support asset optimization transactions
• Work effectively with Spire's shared services organization, including legal, treasury, accounting, etc.
• Travel as required to meet with customers/potential customers that supports the expansion of Spire Midstream's customer base - includes marketers, utilities, and pipelines
• Monitor all developments in key regions related to physical gas markets, including supply and demand trends, gas prices, gas flows, locational basis, seasonal spreads, volatility, etc.
• Support optimization decisions in absence of Director of Optimization
• Handle after-hours and weekend pipeline and scheduling duties by monitoring emails and phone calls from pipelines and customers
• Adhere to Spire's risk management policies and procedures
• All other duties assigned

Essential Characteristics and Competencies

• Strong analytical and presentation development skills w/ experience in the natural gas industry
• Direct experience with commercial organizations that purchase or sell energy commodities
• Ability to demonstrate the core and job category competencies: customer-focused, results-driven, teamwork, communications, adaptability, initiative, and problem solving
• Ability to handle stress and adapt in a fast-moving, dynamic work environment
• Strong interpersonal skills with proven ability to build rapport with a diverse array of people
• Ability to work independently and manage time effectively to meet individual goals and deadlines
• Ability to work as part of a team and display a positive attitude in a dynamic environment
• Ability to communicate effectively, through both oral and written means
• Ability to recognize market opportunities and take quick and decisive actions with little guidance from others
• Ability to demonstrate the core and job category competencies: customer-focused, results-driven, teamwork, communications, adaptability, initiative, problem solving and quality
• Ability to lead by example in support of the company's essential characteristics and values: strong ethics and integrity, dedication to a safe work environment, commitment to a diverse workforce that recognizes and respects every individual's unique skills and perspectives

Supervisory Responsibilities

No Direct Reports

Required Education (certifications, licenses)

Bachelor's degree in an analytical or accounting/finance-related discipline or have industry relevant experience that can provide the knowledge necessary to fulfill the duties.

Required knowledge, skill and abilities

3 to 5 years of relevant experience in energy commodities markets, including, utility experience, marketing, deal origination, and buying/selling gas and pipeline transportation and/or storage capacity and scheduling

Physical demands, environment and schedule

• Typical hours are 7:00 a.m. to 4:45 p.m., Monday through Friday
• Additional hours will be needed from time to time to meet deadlines and manage off-hour customer needs.
• Up to 10% travel required

Posting Requirements

Spire accepts online applications through our career site at jobs.spireenergy.com

Disclaimer: The above statements are intended to describe the general nature of the level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. To perform this job successfully, an individual must be able to perform each duty and responsibility satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Spire Inc., and its subsidiaries are an Affirmative Action and Equal Employment Opportunity employer.