Houston, Texas, United States
Created automated trading strategies via ICEMaker Traded natural gas cash markets in the Midwest and Northeast Procured supply for our retail natural gas and power arms Traded RECs in ERCOT/TX
Created new interface for traders to view PnL and positions, reducing PnL reconciliation time from hours each day to minutes Scheduled gas on pipelines: Tennessee, Columbia Gas, Columbia Gulf, Millenium, Texas Gas, Dominion, NGPL, SONAT, Gulf South, Gulf Crossing, Transco, Tetco, Iroquois, Panhandle, Rover, MichCon, Consumers Scheduled storage at Napoleonville, Bobcat , Tres Palacios, Stagecoach, Arlington, Honeoye, Monroe, Pine Prairie, Bistineau Subject Matter Expert in Aligne (ETRM system) and GasOps (Scheduling system) – reduced time in setting up new facilities and paths from days to hours
Created natural gas supply/demand model, with storage projections and supply/demand projections for the coming seasons Created easily query-able database of existing and proposed power plants for origination team Created pipeline expansions report for upcoming Southeast and Northeast pipeline expansions Priced commercial power deals in PJM and MISO
Traded Henry Hub natural gas, HSC and WAHA basis Built natural gas supply/demand models in order to publish daily fundamentals overview, supplying info on gas production, gas demand, pipeline flows, and LNG Activity Created models to estimate weekly EIA natural gas storage activity and to forecast end of season inventory levels Prepared natural gas market outlook for weekly trading meetings and quarterly market update meetings Published daily overview of power plant outages in ERCOT Marked NYMEX volatility based on black scholes for live options pricing and end of day valuations Nominated and scheduled gas to LDCs (WGL, Duke, BG&E, Vectren, COH) daily, finding gas on TCO, Transco, Tetco to meet obligations Managed behind the gate storage injections and withdrawals while staying within pipeline and LDC constraints
• Overhauled entire PnL reporting System, rebuilding it from scratch and reconciling it to the legacy system to improve reporting accuracy and decrease required time to produce reports. This reduced publishing time from 3:00 PM to 10:00 AM for all desks • Improved communications with back office and created new tools to reduce the size of monthly prior period adjustments from an average of $1.5MM to $150k • Led transition of main trade capture and risk management system from Allegro to Endur/Openlink, ensuring that the Mark to Market value, volumes, and financial exposures were correct for all trades for all desks between the two systems • Overhauled existing Allegro curve structure to remove haphazardly created curves, improving valuation accuracy • Created new trading models to value new types of trades that could not be accommodated by the current risk system.
• Developed custom reports for clients, including backend database manipulation to generate usable data • Headed report upgrade projects where existing reports were supplanted by new reports developed in SAP • Managed reporting systems for natural gas billing, scheduling, and transportation applications
• Conducted fundamentals research for traders, calculating historical data (i.e. spark spreads, heat rates) to make trading recommendations • Created models for traders to estimate Profit and Loss figures for trades performed and to view current positions at a glance • Responsible for deal capture, ensuring that trades performed were accurately reflected in company-wide system reports. • Managed Profit and Loss estimates for traders, ensuring that reported Profit and Loss numbers for each trader came in as expected