SVP LNG Financial Trading

SEFE Storage GmbH; City of London; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

A leading international energy company in the UK is seeking an experienced LNG Financial Trading Lead to manage the execution of financial orders and oversee trading activities. The ideal candidate will have extensive knowledge of the LNG market, strong experience in financial trading, and proven ability to manage a team effectively. This role offers competitive compensation, bonuses, and a hybrid working model.

Benefits

Bonus earning potential

Non-contributory pension with 10% employer contribution

25 days holiday plus bank holidays

Buy/sell holidays

Life assurance

Medical and dental insurance (family cover)

Range of optional flexible benefits

Qualifications

• Extensive experience in physical and financial LNG and associated markets.
• Experience managing a team.
• Knowledge of LNG contractual terms and flexibilities.

Responsibilities

• Execute financial orders and hedging needs across all assets/indices.
• Develop and implement trading strategies and position management.
• Oversee and enhance deal-process and controls for LNG financial trading.

Skills

Financial trading and execution

Understanding of hedge accounting concepts

OTC and broker execution experience

Effective position tracking

Knowledge of market dynamics and trends

Job description

Leading the LNG Financial Trading team you will be responsible for execution and have oversight of all financial/derivative requirements across the LNG physical portfolio as well as building team capabilities. You will hold oversight as well as trading of financial exposures within pre-defined risk framework. You will work with physical teams to identify opportunities, monetise flexibility and risk-manage positions.

WHAT WILL YOU DO

Executing financial orders & hedging needs for the LNG (Physical) Trading team across all assets/indices including European Gas, US Gas, Oil, Financial LNG and freight. You will have extensive knowledge of the markets and able to provide live quotes and advise on Liquidity and execution strategies. Working with the physical team you will assist in developing and implementing trading strategies, hedging and position management, complex structures, new deals and joint value creation opportunities. You will also:

• Understands LNG contractual terms and flexibilities, running portfolio scenarios, and developing and implementing strategies to risk-manage and monetise these flexibilities (e.g. via financial instruments);
• Supports Senior Management with oversight of longer-term structural/portfolio/strategic positions consistent with governance structure and mandates, including developing position management recommendations for management beyond individual trader mandates, such as large or longer term (e.g. >year 2+) flat price or slope hedging;
• Proprietary trading across assets/indices within defined risk parameters; in addition to contributing towards joint P&L targets for the broader team;
• Owning, overseeing and enhancing deal-process and controls for all LNG financial trading activity, including financial trade bookings, validation, reconciliations, position reporting, technical accounting and hedge accounting (“HA”). Understand both the constraints and opportunities of HA framework, and anticipates HA effects of desired trades;
• Collaborates with wider trading organisation (including Gas Trading desk) to coordinate trading positions, identify synergies/overlaps, optimise Group cash/flow liquidity positions ensuring efficient deployment of resources and positions across trading desks beyond LNG.
• Point of contact with mid-and back-office on financial trade process and controls including market risk, product control, trade accounting, technical accounting, and other functions (e.g. IT) on system enhancements and commercial change initiatives;

WHAT WILL YOU BRING

Your extensive experience in physical and financial LNG and associated markets, including European and US Gas, Oil, freight, ideally also such as power, coal, emissions is essential. Understanding of LNG contractual terms and flexibilities, running scenarios and developing strategies to risk-manage and monetise these flexibilities (e.g. via financial instruments) is key to sucess. You will also have;

• Experience in financial trading and execution; effective position tracking (exposures, MTM, MVAR, price history, value identification etc); tracking market dynamics and trends;
• OTC and broker execution experience;
• Strong understanding of hedge accounting concepts and implications;
• Systems, process, controls and best practice experience in a derivative trading environment.
• Pervious experience of managing a team well

ABOUT US

Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.

SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport, and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.

Our international teams work across locations in Europe, Asia, and North America. We’re passionate about energy and the important role it can play in shaping a better future.

Securing energy – now and for the future.

OUR BENEFITS

We’re committed to creating an inclusive environment that embraces diversity and fosters the development of knowledge, skills, and experience. Whatever your role, you’ll find an open, welcoming atmosphere that empowers you, and recognises your contribution.

In return we offer a competitive starting salary supported by a comprehensive range of financial, lifestyle and wellness benefits with the flexibility to follow a hybrid working model.

• bonus earning potential
• non-contributory pension with 10% employer contribution
• 25 days holiday plus bank holidays and volunteering days
• buy / sell holidays
• life assurance
• medical and dental insurance (family cover)
• range of optional flexible benefits

We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.

Join SEFE and help us secure energy supply across Europe and shape a better, more sustainable tomorrow.

Business Function: Trading / Front office