Business Development Oversight Manager
Posting date : 24/12/2024
Requisition ID : 39849
About US (GEMS):
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.
ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.
3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.
Our +120,00 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.
Our 4 expertises:
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEM Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).
Context:
Within EC Risk, the Transversal Processes & Origination Oversight team ensures a smooth validation process for origination files presented to the Origination Committee (“OC”) and to the Investment Committee (“IC”) in accordance with the GEMS and Group’s governances. It is also in charge of supporting origination business with Economic Value Analysis (EVA) in interaction with front office (GEMS activities).
While the standard transactions are executed by the Business Platform within their delegation (through risk or commercial mandates), GEMS enters from time to time into large and complex transactions over the medium or long-term horizon. If the transaction falls outside the existing mandate, an OC decision may be requested.
These files consist of a diversity of transactions (solar, onshore/offshore wind PPAs, gas off-take agreements, biomass purchase and sale agreements, projects with Capex/equity investment, transactions with prepayment…) which entail a broader spectrum of risks (such as market risks, credit risks, regulatory risk, CSR, legal risks…).
The main role of the Origination Oversight is to ensure the completeness of the file submitted for decision to the OC/IC, the production of independent Risk and Legal notes in close cooperation with support function teams (Credit, KYC, Market Risk, Finance, CSR, New business and Legal teams) and the calculation of the Economic Value Analysis (EVA) indicator.
Role:
Your main activities will be :
- Analyze and challenge the structured transactions in an independent way to facilitate the business and the decision-making process.
- Prepare and finalize the Risk and Legal notes in a collaborative way.
- Ensure the coordination between project teams and support functions teams to deliver all necessary documents on time.
- Report main risks and issues to GEMS Management.
- Ensure OC secretariat (preparation of agendas, of invitations, sending of supporting documents, writing of minutes).
- Participate to all relevant meetings related to the Origination process (Origination Committee, OC Information and coordination bi-monthly meeting, OC weekly meeting, EC Risk Leadership meeting, OC preparation meeting, business reviews…).
- For each transaction presented to the Investment Committee, accompany the project teams along the validation process: launch the ethical due diligence performed by C2A, ensure the coordination between project teams and the Group, arrange the Investment Committee with the Group secretary, write compliance memoranda.
- Coordinating the computation of EVA’s for Origination Committee liaising with Credit & Market Risk stakeholders.
- Participating in transversal tasks such as EMIR reporting and presenting/teaching in Academies (Risk Academy, School of Structuring).
You will have many interactions with:
- GEMS Front Offices: business developers, negotiators of LT gas contracts located in Europe, in the US, in Singapore/Australia.
- GEMS support functions: Market Risk, Credit, KYC, Legal, CSR, New Business, Finance, Legal.
- GEMS Excom and EC Risk Management.
- Group support functions: IO, AIFA, DTRA, the secretary of the Investment Committee, CENC.
Hard skills:
- Must have:
- Strong analytical and quantitative skills
- Excellent presentation and communication skills (both written & verbal).
- Ability to write in a logical, synthetic and easy-to-understand style.
- Ability to develop a tactical tool using one of those IT languages (python, VBA, SQL) and open to “low code” tools (Dataiku).
- Accuracy, quality and timeliness of deliverables.
- Ability to explain and convey messages about complex topics.
- Good to have: financial and risk management background, good knowledge about GEMS Origination activities (Green PPAs, gas off-take contracts…).
Soft skills:
- Must-have: You have excellent interpersonal skills and are able to work with cross-functional teams in a collaborative way. You are rigorous, well organized, reliable and have strong work ethics. You are stress resilient, diplomat and flexible. You are able to manage confidential information.
- Good to have: you are a team player but also an independent thinker with a problem-solving mindset.
Education and professional background:
- You have a Master in Engineering/Finance/Business or equivalent preferred
- You have between 5 and 10 years’ experience in energy sector.
Languages:
- French/English, other European language is a plus.
Locations and travels:
Position is located in Paris with occasional travels in Brussels.
If you meet these requirements, then you are the talent we are looking for. Do not waste time!
Apply by attaching your updated CV, regardless your gender.
ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provide equal employment opportunities for all individuals.
All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.
About ENGIE:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress