Gas Buyer
WEC Energy Group
Gas Buyer
WEC Business Services LLC, a subsidiary of WEC Energy Group, is seeking a Gas Buyer in one of our WBS locations (Milwaukee, WI, Green Bay, WI, Chicago, IL). WEC Energy Group is one of the nation's largest electric generation and distribution and natural gas delivery holding companies serving 4.7 million customers across the Midwest. We are committed to providing clean, reliable, and affordable energy in an environmentally sustainable manner. Customers are the heart of our business, and we work every day to help grow and support communities where we provide vital energy services. As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We don't just offer a job; we provide fulfilling careers where safety and well-being are paramount. Join our team and experience first-hand our commitment to your success. We offer competitive pay and benefits to recognize your hard work and dedication. If you're talented, energetic and ready for a career with a future, we want you on our team. We are powered by a diverse and inclusive workforce fueled by the pride in what we do. If you're driven by the passion to change lives, this is the place for you.
Job Summary
As a Gas Buyer you will manage daily and monthly utility natural gas portfolios along with forecasting utility peak day demand. You will be responsible for the short term management of liquefied natural gas, fuel oil and propane supply for the portfolio. Gas Buyer will rotate between the portfolios on a set schedule. This position must work weekends and evening hours on a rotating basis.
Job Responsibilities
- Forecast daily demand using forecasting models, graphical and statistical analysis
- Develop daily gas nominations plan and implement plan through actual nominations to pipelines, storage operators, gas utility, and suppliers in compliance with appropriate tariffs
- Work with traders and schedulers representing gas suppliers, pipelines and storage operations, as well as internal stakeholders to ensure appropriate gas volumes are scheduled at delivery points
- Document all transactions and reconcile with pipeline data in conjunction with Finance to ensure accurate and timely data is available for Accounting and Billing purposes
- Develop daily (and monthly) buying, selling, and capacity release strategies by combining knowledge of supply needs and contractual rights with insights into the daily market.
- Implement trading strategies by negotiating monthly and daily trading (buying and selling) and/or capacity release
- Work with internal stakeholders to ensure proper utilization of contractual assets as well as support reliability and cost goals by best managing storage inventories and other asset utilization
- Support regulatory filing requirements
- Maintain working knowledge of pipeline tariffs, services, and contracts
Minimum Qualifications
Bachelor's Degree in Business, Engineering, or Related Area with 1-3 years of experience with commodity procurement or scheduling experience. 5-10 years equivalent natural gas buying/scheduling experience may be considered in lieu of a Bachelor's Degree. Fundamental knowledge of LDC systems and/or power generation systems. Excellent teamwork skills to function in highly team oriented process. Strong math and analytical skills to address daily logistical and economic situations. Sense of urgency and ability to handle stress to meet multiple daily deadlines. Knowledge of gas markets and ability to develop rapport with Trading Partners over the phone. Strong customer focus and attention to detail to properly support Accounting and Billing of Transactions. Record of personal responsibility in handling assets with high economic value. Ability to apply sound judgment under time pressure to operate within regulations and internal policies. Knowledge of financial risk management concepts helpful.
Location: Milwaukee, WI, US, 53203 Green Bay, WI, US, 54307-9001 Chicago, IL, US, 60601
Company: WEC Energy Group (WEC) Req ID: 6514
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