Financial Trading and Origination & Optimization Director

Work Arrangement: Hybrid 

Department: Business Dev, Fundamentals & Trading Group 

 

Pembina Pipeline Corporation is a dynamic energy transportation and midstream provider, serving customers for more than 65 years. Chances are, we do more than you think. We own pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. We also own gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. Our operations along the hydrocarbon value chain allow us to offer a full state of midstream and marketing services to our customers in the energy industry. 

 

We are an organization that cares not only about results, but how those results are achieved. Our organization is grounded in the values of Safe, Trustworthy, Respectful, Collaborative and Entrepreneurial. Cultivating a positive employee experience and promoting a diverse and inclusive environment where our employees feel engaged, recognized and empowered is foundational to our ambition of being an employer of choice. Learn more about our values and strategy. 

 

We value the safety of our communities, customers, contractors and employees, and believe that all incidents are preventable. Compliance with all policies, procedures and regulations is a requirement, and our Life Saving Rules are basic rules that everyone should know and live by. Working for Pembina means working safely. 

 

Overview:

 

Pembina Pipeline Corporation’s Marketing Business Unit (MBU) provides strategic direction and commercial execution in areas involving commodity marketing, market development, new ventures/opportunities and acquisitions. In supporting the long-term strategy and vision, MBU looks across commodity value chains. Current primary commodities include natural gas, ethane, propane, butane, condensate, crude oil, carbon and electricity.  MBU leverages its strong asset base and optimizes capacity and margins of Pembina and its customers commodities using our transportation, processing and logistics capabilities. We strive to understand and react to ever-changing market dynamics.  

 

The Marketing Unit (MBU) is currently undergoing a significant period of transformational change aimed at strengthening its operating model complete with the implementation of a Right Angle ETRM system with associated scheduling and risk reporting functionality. 

 

Reporting to the Vice President of the Marketing Business Unit and in support of this evolution, Pembina is actively hiring for a Director, Financial Trading and Origination & Optimization to join its Calgary team. 

 

The successful candidate will play a pivotal role in navigating MBU through this transformation, overseeing the strategic direction, management, and execution of financial trading activities; fundamental and market analysis; and, origination and optimization opportunities across the business. This role requires a deep understanding of market dynamics, trading strategies, economic fundamentals and financial instruments.

 

The Director will lead a team of traders, specialists and analysts, working closely with senior leadership in MBU and across Pembina to optimize performance, enhance risk management practices, and align trading strategies with Pembina’s broader strategy. 
 

Responsibilities may include but not limited to:

 

Leadership & Strategy
•    Embody Pembina’s Values of Safety, Trust, Collaboration, Respect and Entrepreneurial;
•    Participate and support an equitable, diverse, and inclusive workplace;
•    Support Pembina’s safety culture of "Zero by Choice" and the “Life Saving Rules”. To read more about our Life Saving Rules, visit pembina.com/safety;
•    Lead the Financial Trading and Origination & Optimization team, fostering a culture of collaboration, innovation, and high performance;
•    Develop and implement trading and hedging strategies by commodity and exposure based on fundamental analysis, market trends, economic indicators and company risk matrices;
•    Align trading strategies with organizational goals and ensure risk management protocols are consistently followed; and
•    Provide thought leadership on trading opportunities, market conditions, and strategic market entry or exit points.

 

Transformation Leadership
•    Serve as a key leader in MBU’s transformation, helping to design, implement, and operationalize the operating model;
•    Act as a change agent by championing the adoption of new processes, systems, and cultural shifts within the team and across MBU;
•    Partner with cross-functional tea