Head of Trading

Overview:

Pembina’s Marketing team in Calgary is actively hiring a Head of Trading to lead Crude, NGL and Natural Gas trading strategy, portfolio optimization, risk management, and commercial performance.

Reporting to the Vice President of Marketing, this role develops and executes Pembina’s Crude, NGL and Natural Gas trading strategy, optimizing the physical and commercial portfolio through market intelligence, asset optionality, transportation, storage, blending, market access and arbitrage opportunities.

The Head of Trading leads Crude Trading, NGL Trading, Natural Gas Trading, and Trade Analytics & Optimization, translating market fundamentals, customer needs and asset capabilities into strategies that maximize risk-adjusted value and strengthen trading governance.

As a senior commercial leader, the Head of Trading builds industry relationships, advises senior leadership on market opportunities and risks, and partners across the organization to enhance the value of Pembina’s integrated asset and commercial portfolio.

Pembina’s Marketing team creates value through the strategic buying, selling and optimization of natural gas, NGLs, condensate and crude oil. Leveraging transportation, storage, fractionation, market access, rail and logistics capabilities, the team improves market access, pricing and commercial opportunities for Pembina and Western Canadian producers.

Responsibilities may include but not limited to:

• Develop and execute integrated Crude, NGL and Natural Gas trading strategies that maximize risk-adjusted value, margin and optionality;
• Lead trading activities across physical markets, including transportation, storage, blending, market access, timing, location and product optimization;
• Identify and execute arbitrage opportunities by leveraging Pembina’s assets, contracts and market positions;
• Translate market fundamentals, supply and demand dynamics, customer requirements and asset capabilities into actionable trading strategies;
• Maintain deep knowledge of North American energy markets, pricing, infrastructure and global market drivers;
• Build Analytics & Optimization capabilities using data, modelling and scenario analysis to improve portfolio economics;
• Establish performance reporting, KPIs and P&L attribution to support timely commercial decisions;
• Promote data-driven decision-making, automation and continuous improvement across Trading;
• Partner across Asset Teams, Commercial, Logistics, Finance and Market Risk to capture value across the enterprise;
• Ensure trading complies with approved mandates, risk limits, governance and regulatory requirements;
• Monitor exposures and external developments, balancing commercial opportunity with disciplined risk management;
• Provide senior leadership with clear advice on portfolio performance, market opportunities, risks and trends;
• Lead major negotiations and maintain strong relationships with customers, counterparties and industry participants;
• Identify emerging markets, products and commercial structures that strengthen Pembina’s competitive position;
• Build a high-performing culture through accountability, collaboration, coaching and talent development; and
• Champion Pembina’s Zero by Choice safety culture and Life Saving Rules by embedding physical, psychological, and cyber safety into all work practices while taking personal accountability to maintain compliance, support audit readiness, proactively identify risks, and protect our people, assets, and data.

Qualifications:

• Bachelor’s degree in business, commerce, economics, finance, engineering, or a related discipline;
• 15+ years of progressive experience in trading, marketing, commercial development, asset optimization in related energy markets;
• Proven success developing and executing profitable trading and commercial strategies in complex market environments;
• Deep knowledge of North American crude, NGL and natural gas markets, including transportation, pipeline and storage infrastructure, pricing, refinery and petrochemical economics, supply and demand, risk management, and physical and financial trading;
• Strong commercial acumen, with the ability to identify market opportunities, manage risk, and deliver sustainable value;
• Accomplished people leader with experience building, developing, and retaining high-performing commercial teams and future leadership talent;
• Strategic thinker who translates market intelligence into business decisions and long-term growth opportunities;
• Exceptional communication, influencing, and relationship-management skills with internal and external stakeholders;
• Proven ability to lead through complexity, align teams, and foster accountability, innovation, collaboration, and continuous improvement; and
• Executive presence and leadership maturity, with the ability to advise senior leaders and represent the organization in high-profile commercial discussions and negotiations.
  
  
  Pembina’s Flexible Work Standard provides the option for eligible employees to work remotely on Fridays