12 Month FTC Energy Supply Retail Hedging Team Leader

About Us

ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, focusing on energy storage and renewable energy (solar, wind, biogas), while supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet. We are looking for individuals committed to helping turn our vision into reality.

Purpose of role

The job holder will be responsible for the hedging and balancing of power and gas for Energy Supply and export portfolios. You will define and deliver hedging and balancing strategies, provide analysis and reporting, and ensure the provision of gas and electricity forward price curves.

Additionally, you will support the business with new products, commodity premia, customer queries, and provide analytical support to the wider business.

This is a 12 month fixed term contract role hybrid role assigned to our Leeds office where the successful candidate would be based two days a week.  On offer is a competitive salary and benefits package.

Key Responsibilities:

• Ensure trading limits of authority are adhered to.
• Maintain power and gas positions within defined risk limits.
• Perform back-to-back hedging for Retail fixed business wins/renewals.
• Conduct wholesale and retail transactions for flexible product customers.
• Manage relationships with wholesale counterparts, retail consultants, and customers.
• Optimize and source flexibility assets.
• Design, implement, and deliver gas and power forward curves.
• Manage default customer positions to align wholesale requirements with retail transactions.
• Deliver hedging and balancing analysis and reporting requirements.
• Lead the development and implementation of hedging and balancing systems and processes.
• Ensure complete documentation of hedging and balancing processes and methodologies.
• Provide support for retail hedging and balancing activities delivered by the shift team.
• Provide analysis and support for executive items and represent the Retail Hedging process in executive meetings and multi-function workshops.
• Advise Sales teams on hedging functions and facilitate a smooth and competitive tender process.
• Adhere to internal process and risk frameworks.

Knowledge and Skills:

• Sound knowledge of the UK gas and electricity markets and Retail products.
• Strong communication and negotiation skills.
• Proficiency in Microsoft Office; Power BI and/or Python skills are advantageous.
• Ability to manage large sets of data.
• Practical approach to problem-solving.
• Proven ability to present information effectively.
• Ability to document processes, identify relevant controls, and performance indicators.

Experience/Qualifications:

• Proven ability to organize and produce work under tight deadlines.
• Previous team leader/management experience is advantageous.
• Previous UK gas and electricity market/industry experience.
• Statistical analysis skills are advantageous.
• Demonstrated ability to succeed in a complex environment.
• Degree level (or equivalent) in a relevant discipline or specific related experience.

Why ENGIE UK?

• Opportunity to make a significant impact on the future of energy supply.
• Collaborative and innovative work environment.
• Hybrid working options.
• Bonus programme.
• Healthcare cash plan.
• Employer pension contribution.
• Commitment to professional development and growth.

How to Apply

At ENGIE UK, we value diversity and are committed to creating an inclusive environment for all employees.  In the event you do not meet every requirement, we encourage you to apply. Your unique skills and experiences could be just what we need.

To apply, please submit your CV detailing your experience.