Sr Counsel, Spire Marketing

Date: Aug 14, 2022

Location: Houston, TX, US, 77002

Company: Spire Inc.

Summary

Spire is hiring Senior Counsel in its Houston, TX location.  The successful candidate will play an integral role in advising Spire Marketing (Spire’s standalone natural gas trading and logistics business) in its day-to-day business and be responsible for negotiating all structured transactions, commercial contracts and other transactions for the purchase and sale of natural gas, including credit agreements, and for the transportation of natural gas on both interstate and intrastate natural gas pipelines.  The successful must also play an integral role in advising on risks and challenges in acquisition transactions or other business growth opportunities.   

Further, the successful candidate must monitor and advise on regulatory changes, such as proposed pipeline tariff rate changes, that directly impact the business. Finally, the successful candidate will collaborate with compliance professionals to provide counsel that mitigates compliance risks resulting from regulations promulgated by the FERC, the CFTC (including Dodd-Frank), and other applicable regulatory authorities as identified.
 

Company Overview

At Spire, we believe energy exists to help people. To enrich their lives, grow their businesses, advance their communities. It’s a simple idea, but one that’s at the heart of our business. We’re dedicated to understanding our customers’ needs and goals to better serve them today and tomorrow. That’s why we’re always looking for driven, collaborative people to join our team. Because we believe that offering our customers the best service means bringing together the best people.

 

We value safety, inclusion, and integrity. We connect to people, get the job done, and leave a memory and everything about our culture comes back to one thing: a handshake at the front door. We have 4 essential behaviors that show how the Spire culture comes to life:

  • We Collaborate: We reach across boundaries to connect with each other and deliver on our promises. We put teamwork first, knowing that our collective energy makes us stronger.
  • We Care: We create good memories by treating people how we want to be treated: We are inclusive, respectful and kind. We actively create a caring culture that feels like a handshake at the front door.
  • We Advance: We are active learners who never stop looking for ways to innovate and improve ourselves, and our company. We embrace ongoing development and process improvement with passion and tenacity.
  • We Have Perspective: We strive to gain additional perspective about Spire’s business and the ever-changing energy industry. We know that every employee plays an important role in Spire’s success, and we give our best to better understand how to help move the company forward.
     

Duties and Responsibilities

  • Provide day-to-day support and legal advice to commodity traders, gas schedulers, and others in the Spire Marketing business
  • Provide regulatory advice on trading transactions and support the Legal Department in standing up a Compliance Program to mitigate regulatory risks
  • Assist in responding to regulatory requests and, as warranted, manage any FERC/CFTC inquiries 
  • Negotiate gas supply agreements (including NAESB Base Contracts, NAESB Special Provisions, and related credit support documents, as well as broker agreements) necessary to grow the Spire Marketing business
  • Negotiate transportation and related agreements (e.g., non-conforming FT, IT, Gathering, Storage, PAL, Exchange, Wheeling, OBAs, Interconnect, Capacity Release, Asset Management Agreements, and related agreements)
  • Negotiate other agreements, including confidentiality agreements and vendor agreements, as necessary
  • Regularly evaluate and be able to clearly articulate the legal risk profile of the Spire Marketing business and respond to transactional inquiries, as appropriate, including managing instances of force majeure
  • Demonstrate ability to work on complex structured transactions, and to assist in acquisition transactions of new assets.
     

Essential Characteristics and Competencies

  • Demonstrated ability to build lasting professional relationships with internal colleagues and executive management
  • Must demonstrate integrity, decisiveness and good judgment under pressure
  • Ability to manage a diverse and demanding workload, work independently and as a member of a team
  • Strong ambition to learn and ability to communicate with people of different professional backgrounds
     

Supervisory Responsibilities

N/A

Required Education (certifications, licenses)

  • BA/BS degree 
  • JD degree 
  • License to practice law in any U.S. jurisdiction 
     

Required knowledge, skill and abilities

  • Minimum seven (7) years of legal experience
  • Working knowledge of natural gas commodity trading business
  • Strong ambition to learn and ability to communicate with people of different professional backgrounds
  • Excellent verbal and written communication skills are required 
  • Superior analytical skills are required 
  • Strong attention to detail
  • Experience working with commodity traders and have a working knowledge of the operational aspects of the natural gas midstream businesses, including transactions involving interstate and intrastate pipelines.  
  • Proficient in negotiating and drafting relevant commercial agreements in connection with the purchase and sale of natural gas, including spot and forward sales.  Some of these agreements may include the following for physically settled product (and related credit and collateral agreements): NAESB Base Contract for Sale and Purchase of Natural Gas (including bespoke Transaction Confirmations); and Gas transportation and related agreements (e.g., FT, IT, Gathering, Storage, PAL, Exchange, Wheeling, OBAs, Interconnect, Capacity Release, Asset Management Agreements, and related Precedent Agreements)
  • Experience negotiating and drafting physical and financial agreements across multiple commodities, including experience with the ISDA Master Agreement (including for Gas, and Credit Support Annexes)
     

Physical demands, environment and schedule

  • Job is performed in a typical trade floor office environment, but is subject to time pressures and constraints, and is often dependent on input from others  
  • Occasionally, work may be performed from home, after normal work hours or on weekends 
  • Periodic travel as business requires
  • Subject to drug and alcohol testing, per applicable federal regulations
     

Competencies

We Advance
We Care
We Collaborate
We Have Perspective

Posting Requirements

Disclaimer:  The above statements are intended to describe the general nature of the level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Spire and its subsidiaries are Affirmative Action and Equal Employment Opportunity employers. We are committed to providing equal employment opportunity in all areas, including but not necessarily limited to, recruitment, selection, training, education, compensation, benefits, promotion, job transfer, upgrading, separation and recall regardless of the individual’s race, color, sex, age, religion, national origin, genetics, sexual orientation, gender identity, disability, veteran status, and/or other protected categories under all Federal, State, and local laws. For more information, please click on the following links: About the EEO law and EEO law supplement. 
 


Job Location: Houston

Job Segment: Compliance, Pipeline, Law, Business Process, Legal, Energy, Management