Gas Trader

At Repsol, we are committed to equality and do not request personal information. We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply. 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. #LI-CG1 #J-18808-Ljbffr