About this role
<p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states. But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences, and values everyone’s health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.</span></span></p> <div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Job Summary</H2> </div><div><p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Location: Detroit, MI</span></span></p> <p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">The Manager, Gas Trading is responsible for creating value through analyzing and understanding the market in the region assigned. They will be able to place trades with predetermined exit and stop levels, monitor the market, and follow the risk management processes and procedures. Further, they will have oversight of their respective employees in their trading and analysis of the relevant region and ensure that they follow the established risk processes and procedures. They will also evaluate the results and talent of their employees on a bi-annual and annual basis.</span></span></p> <p> </p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div><ul> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Analyzes markets in the assigned region and develops and executes proprietary trading strategies </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Accountable for delivering positive financial results from the use of the company’s capital </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Manages capital allocation for positions and develops optimal trade execution strategies while managing the associated risks of the strategy </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Routinely trades NG futures, options, and swaps on exchanges and associated OTC markets related to the assigned regional market to which the company has exposure </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Provides periodic presentations to management regarding strategy, financial performance, and market dynamics </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Considers potential trades over several different time horizons and the interrelations and connectivity between several disparate supply/demand factors </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Performs all other related duties as assigned </span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Minimum Education & Experience Requirements</H2> </div><div><ul> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">A Bachelor’s Degree from an accredited college or university and at least 5 years of trading experience in applicable industries </span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Other Qualifications</H2> </div><div><p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Preferred: </span></span></p> <ul> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Bachelor’s degree in economics, finance, accounting, or engineering </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Thorough understanding of North American gas markets, including, but not limited to, supply and demand, logistics, regulations, and operations </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Specific knowledge of hedging and trading techniques for specific region </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Thorough understanding of all financial and physical products that are viable for executing trading strategies and hedges </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Thorough understanding of risk measurement techniques such as VaR used in measuring specific trading activity </span></span></li> </ul> <p> </p> <p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Other Requirements:</span></span></p> <ul> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Working knowledge of finance, accounting, production, operations, and public policy issues facing the natural gas market in the assigned region </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to operate in a fast-paced dynamic commodity market environment, where there are often time constraints and time sensitive deadlines </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Effective oral and written communication internally and externally </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Strong proficiency in MS Office </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Works effectively with a team to accomplish shared objectives</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Physical Demands & Working Conditions</H2> </div><div><p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">The physical demands characterized here epitomize those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. In order to properly perform the integral functions of this job, the employee is required to: </span></span></p> <ul> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Occasionally stand or walk and stoop or kneel. Frequently, the employee is required to sit </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Talk or hear, both in person and by telephone; use wrists, hands and/or fingers in a repetitive motion; and reach with hands and arms extensively </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Occasionally lift objects of up to 10 pounds in weight </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Use computers with exposure to video display terminals; and some repetitive motion associated with data entry, the use of a computer mouse, and while using other office equipment </span></span></li> <li><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Vision requirements for this position include close vision, color vision, depth perception and the ability to adjust focus </span></span></li> </ul> <p> </p> <p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">The employee performs job duties primarily in a work from home capacity and periodically from a climate-controlled office environment, with a moderate noise level.</span></span></p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Additional Information</H2> </div><div><p><span style="font-size:12.0px"><span style="font-family:Arial, Helvetica, sans-serif">Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.</span></span></p> </div></div></div><p><br> <b><a href="https://www.dteenergy.com/content/dam/dteenergy/deg/website/common/about-us/working-at-dte/careers/CPRAPrivacyNotice.pdf">PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS</a> </b><br> </p> <p><em>At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity, employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by applicable federal and/or state laws.</em></p>