Senior Manager, Gas Origination
Role Overview
Build and lead Northland's in-house gas commercial capability for its gas-fired fleet and new development.
Secure and optimize gas supply, transportation, and storage; originate and negotiate commodity and asset management agreements.
Capture value from existing gas assets within approved risk limits and represent Northland in commercial gas matters.
Key Skills for This Role
Full Job Posting
Role overview
Build and lead Northland's in-house gas commercial capability for its gas-fired fleet and new development.
Secure and optimize gas supply, transportation, and storage; originate and negotiate commodity and asset management agreements.
Capture value from existing gas assets within approved risk limits and represent Northland in commercial gas matters.
Workplace
- The role requires working in the Toronto office four days per week, with one flexible work-from-home day.
Gas supply and procurement
- Develop procurement strategies for operating gas-fired facilities that align with PPA requirements, dispatch profiles, and risk limits.
- Originate, negotiate, and renew gas commodity, asset management, and agency agreements; run RFPs to select marketers and asset managers.
- Manage firm and interruptible transportation, storage, and balancing contracts, including renewals, capacity decisions, and assignments.
- Maintain relationships with marketers, pipelines, storage operators, and other counterparties.
Asset optimization and deal structuring
- Value and optimize transportation, storage, and balancing positions, including unused capacity and locational or seasonal spreads.
- Structure fixed-fee, profit-sharing, and indexed arrangements while managing price, counterparty, and operational risk.
- Develop gas price and basis hedging strategies with Risk within approved limits.
- Provide budget inputs and variance analysis; support market offer strategies with gas inputs.
- Approve ad hoc trades within approved limits and support monthly volume forecasts and planned-outage coverage.
Development and growth support
- Structure gas supply and transportation strategies for new gas-fired development and competitive RFP bids.
- Provide gas cost, transportation, and commodity-risk input to business cases, term sheets, and tolling and PPA negotiations.
- Assess pipeline expansions, open seasons, and capacity opportunities.
- Work with development, engineering, and project teams on gas requirements, pipeline interconnection, capacity planning, and permitting.
Operations and governance
- Coordinate nominations, balancing, and gas availability with dispatch and outage plans alongside site teams, Market Operations, and marketers.
- Monitor fleet gas consumption and work with facility operations to reduce gas use and costs.
- Establish gas management processes, controls, escalation protocols, off-hours coverage, and winter contingency plans.
- Monitor market fundamentals, pipeline tolls, and tariffs; participate in tolls task forces and work with Regulatory Affairs on gas access and cost proceedings.
- Maintain records of contractual entitlements and obligations and manage trading platform access with Risk.
- Vet gas settlement checks, especially optimization revenues and asset management arrangements; resolve counterparty volume disputes while routine settlement processing remains with facilities.
Requirements
- Build and lead Northland's in-house gas commercial capability.
- Work within approved risk limits when managing gas commercial activity.
- Provide gas expertise and represent the company in commercial matters with marketers, pipelines, and industry stakeholders.
- Collaborate with development, engineering, project, risk, regulatory, operations, and market teams.
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