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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.

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