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Job Title


Head Trader, Gas


Company : Capital Power Corporation


Location : Calgary,


Created : 2026-05-01


Job Type : Full Time


Job Description

**A little about Capital Power**Capital Power (TSX: CPX) is dedicated to *Powering Change by Changing Power*. This north star guides our ambitions, focus, and actions as we transform our energy system. We''re a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our . With us, your contributions matter we want you to be empowered to innovate, collaborate, and ultimately drive results. We''re here to partner with you so you can learn, grow, and forge a career that''s meaningful to you. Join us in powering North America!The Head Trader, Gas (Henry Hub and AECO) is a senior trading leadership role accountable for managing Capital Powers AECO and Henry Hub gas exposures from next day through 5 +years forward. This role sits at the intersection of strategy, execution, analytics, and people leadership, with a mandate to generate strong, repeatable, riskadjusted returns.In this role, you will translate market fundamentals, quantitative insights, and realtime constraints into disciplined trading and portfolio management strategies. You will lead and develop a trading team while strengthening trader capability.**Key Accountabilities*** Lead a gas team of traders and analysts towards a unified goal of portfolio profitability while respecting risk management limits* Own endtoend positioning for Capital Powers large AECO portfolio position delivering durable, riskadjusted returns across market regimes* Generate and execute speculativedriven trading strategies with clear catalysts, downside definitions, and invalidation criteria across short, medium, and longterm horizons* Warehouse and manage the execution of Capital Powers Henry Hub positions and needs across portfolio regions (Canada and the US)* Drive the development of Canadian, L48 and global gas fundamentals analytics and insights* Translate fundamentals, quantitative analytics, and realtime constraints into convictionweighted sizing decisions and capital allocation* Lead structured morning calls and trade playbooks, setting direction, prioritizing risk, and driving disciplined execution* Enforce firstclass risk and execution standards, including limit governance, documentation of trade rationale, and Trade Cost Analysis (TCA)* Own curve integrity and assumptions; challenge models, partner with analytics on scenario design and stress testing, and continuously refine signal quality.* Integrate gas, power, congestion, and optionality to optimize crosscommodity outcomes, including longdated hedging and structured exposure**What you will bring to the role:****Education:*** Minimum bachelors degree in engineering, mathematics, physics, computer science, economics, or finance* Preference towards graduated degrees, CFA, FRM or other financial designation holders**Experience:*** 8+ years of trading experience in natural gas, power, or related commodities, with a demonstrated live P&L track record and stable drawdown profile* Deep understanding of physical gas fundamentals across Canadian and US gas regions with special preference towards, AECO, HH, Mid-west and East basis points.* Experience with swaps (outright, x-time and x-location spreads), options, storage, pipeline assets.* Strong fluency and experience with management and manipulation of large datasets via Python, SQL, R is a strong asset**Working Conditions*** This is a Calgary in office- based role.* Relocation support will be provided if required.* Periods of increased office presence, extended hours, or weekend coverage may be required depending on market and portfolio conditions.**Additional Details**This role will remain open until a suitable candidate is identified.Candidates must be legally eligible to work in Canada.Preemployment checks include education verification, reference checks, and criminal record check.Eligible referrals qualify for Capital Powers $1,000 employee referral reward.Capital Power is committed to supporting employee physical, mental, financial, and social wellbeing through competitive benefits, retirement savings, paid time off, and career development programs. Relocation assistance may be available depending on candidate circumstances.**How To Apply and Next Steps**Capital Power only accepts resumes via online application at . If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies. Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting . Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position. Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews. #J-18808-Ljbffr