Volatility Trader Jobs in Texas (NOW HIRING)

Intersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work‑from‑home, hybrid, or in‑office - we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area, NYC Metro Area, NY; Denver, CO; Austin, TX; Calgary, AB; and Toronto, ON.

We are currently looking for candidates located within 60 miles of any of the listed hubs to foster more in‑person connections while maintaining our flexible remote culture.

Intersect is building the integrated energy infrastructure that the future demands, and this role sits at the center of that mission. As we scale our fleet of islanded gas‑fired generation assets, real‑time fuel management, balancing precision, and hedging discipline will become mission‑critical.

Reporting to the Head of Origination, Trading, and Market Analytics, the Lead Gas Trader will build and lead Intersect’s gas trading, physical scheduling, and balancing platform from the ground up. This role will sit at the center of our commercial operations, ensuring reliable fuel supply, managing daily burn volatility, and constructing a robust financial and physical risk management framework. This role will develop and execute a gas hedging and management strategy while coordinating with origination on long‑term and short‑term gas purchases and sales.

Unlike traditional utility environments, our assets operate in dynamic, high‑volatility settings with significant variability in expected daily burns. Managing swing risk, pipeline constraints, imbalance exposure, and basis volatility will be essential to protecting margin and ensuring operational reliability. This is a builder role: strategy, infrastructure, team, execution.

The Origination & Trading team is responsible for Intersect’s revenue generation via long‑term contracting done on the Origination side and market optimization & hedging done on the Trading side of the team. As our gas exposure grows alongside our islanded generation fleet, we are launching a dedicated in‑house gas trading and scheduling function.

The Lead Gas Trader will design and execute this capability, managing both financial gas hedging strategy and physical scheduling, balancing, and transport optimization. This function will directly support asset operations, power trading, and origination, ensuring fuel reliability while managing extreme price volatility and structural basis risk.

Stand up and lead Intersect’s gas trading, scheduling, and balancing team.

Design scalable processes, controls, and infrastructure for physical and financial gas management.

Develop tools and systems to manage volatility in daily burn profiles across islanded gas engines.

Oversee daily and intraday gas scheduling across interstate and intrastate pipelines.

Manage imbalance exposure, penalty risk, and operational constraints.

Optimize transport, storage, and park‑and‑loan arrangements.

Develop and execute strategies for swing management under highly variable load conditions.

Ensure fuel reliability during extreme weather and price events.

Design and implement a comprehensive gas hedging program covering Henry Hub exposure, locational basis risk, swing gas exposure, and seasonal and structural spreads.

Actively manage NYMEX futures and options, basis swaps, swing swaps, and related products.

Coordinate closely with Risk to define risk limits, stress scenarios, and liquidity planning.

Partner with Power Trading to optimize spark spreads and cross‑commodity hedges.

Collaborate with Market Analytics to develop stochastic tools for burn forecasting, basis modeling, and volatility analysis.

Support origination on long‑term fuel supply agreements and structured gas transactions.

Extensive experience trading and scheduling natural gas in volatile markets with close ties to power trading.

Proven expertise in NYMEX futures & options, locational basis swaps, swing swaps, and related derivatives.

Strong experience managing basis and transport risk in volatile regions such as Midcon or Waha.

Direct experience scheduling gas and managing physical and cash positions, including storage and transport contracts.

Demonstrated success managing swing risk and imbalance exposure under high variability.

Experience supporting thermal generation or high‑variability burn assets.

Strong understanding of pipeline constraints, penalties, nomination cycles, and operational risk.

Ability to manage liquidity and margin exposure during sustained price spikes.

Experience standing up a new desk, platform, or function.

Hands‑on leadership capability, including hiring and managing traders and schedulers.

Comfort operating without off‑the‑shelf systems and ability to design scalable internal processes.

Ability to translate complex market rules and asset constraints into executable strategy.

Strong communicator across engineering, development, asset management, and risk teams.

Experience working across storage, renewables, thermal generation, and load portfolios.

12+ years of natural gas trading and scheduling experience.

Education in mathematics, engineering, science, economics, or business is preferred.

At Intersect, we care about your well‑being, growth, and balance. Here’s how we support you:

Compensation: $292,500 to $337,500 (total compensation includes base salary + bonus in USD)

Health & Wellness: 100% premium coverage for you and your dependents on medical, dental, and vision

Time to Recharge: Unlimited PTO, plus two company‑wide breaks (Fourth of July & end of year)

Family Support: Up to 12 weeks of fully paid parental leave, plus 6 additional weeks for birth parents; access to family planning support via Carrot and Maven

Mental Health: Free access to Spring Health which includes 5 free therapy and psychiatry sessions, plus a Headspace account for mindfulness and meditation through our physical health vendor, Wellhub+

Retirement: 3% non‑elective employer contribution to your 401k or RRSP

Perks & Extras: $150 monthly food stipend, $150 monthly reimbursement for cell phone/internet, pet insurance allowance, full home office setup, free access to UrbanSitter with $625 in quarterly paid company credits, ActiveHero, and One Medical

Intersect maintains a work environment free from discrimination, one where all employees are treated with dignity and respect. All employees share in the responsibility for fulfilling Intersect’s commitment to equal employment opportunity. Intersect does not discriminate against any employee or applicant on the basis of age, ancestry, citizenship, color, family or medical care leave, gender identity or expression, genetic information, immigration status, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by and consistent with applicable local laws, regulations and ordinances. We adhere to these principles in all aspects of employment, including recruitment, hiring, training, compensation, promotion, benefits, social and recreational programs, and discipline.