Key information:
Team: Trading & Optimization
Location: Madrid, Spain
Experience level: 3-7 years
Job type: hybrid
Requirements: English C1 or higher + Bachelor's degree or higher.
Main tasks:
The Gas Trader will be responsible for executing and optimizing trading strategies across European gas markets. This role requires strong analytical skills, commercial acumen, and the ability to thrive in a dynamic, fast-paced environment. The Gas Trader will contribute to the team's P&L, manage risk, and build relationships with key market participants, supporting the company's efforts to maximize the value of its gas portfolio and maintain compliance with all regulatory requirements.
* Execute proprietary and/or asset-backed gas trades across European hubs (TTF, NBP, PEG, MIBGAS, etc.), with a focus on the Spanish market.
* Optimize storage, transport, and LNG positions to maximize commercial value.
* Conduct market analysis to identify trading opportunities and emerging trends in short-term and seasonal markets.
* Ensure robust risk management and compliance with internal and external regulatory frameworks.
* Collaborate with analytics, scheduling, and risk teams to ensure accurate trade capture, reporting, and performance analysis.
* Build and maintain strong relationships with counterparties, brokers, and market operators.
* Support the Head of Gas Trading and other traders in developing and executing advanced trading strategies.
* Prepare regular reports on trading performance, market insights, and profitability for senior management.
What we offer:
* Permanent contract
* Bonus according to objectives
* Medical insurance
* Contribution to pension plan
* Digital disconnection
* Conciliation measures
* Legal advice
* Employee support services
You will fit the position if:
* Bachelor's or Master's degree in Economics, Engineering, Finance, or a related quantitative field.
* 3–7 years of front-office trading experience in European gas markets, with a preference for experience in Spanish transport and storage.
* Proven track record of delivering P&L results and managing trading strategies.
* Strong understanding of European gas fundamentals, storage economics, and LNG flows.
* Proficiency in Python, SQL, and Excel; experience with ETRM systems (e.g., Allegro, Endur) is highly desirable.