Data Scientist – VIE (H/F)

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.

3,600 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 190,000 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 GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

Engie plays a major role in the UK’s green power transition both as a developer of green power projects and de risking new build third party asset. The UK governments ambitious targets to decarbonise the electricity system by the end of the decade have reinforced the importance of GEMS UK’s green power business.

The Valuation & Analysis team (V&A) is looking for a VIE in London whose mission is to support the development of GEMS UK Renewables trading desk. The successful applicant will work on a wide range of projects centred primarily around short term power markets and the delivery of over 1GW of renewable energy. By working with Trading, V&A and IS the applicant will have the opportunity to develop new and improve existing machine learning models and develop and improve renewables production forecasts.

Role:

• Production of price and volume forecast models for power markets.
• Backtest and calibration of trading strategies for renewable and battery assets in the GB power market.

Hard skills:

• Must have:
  • Strong data science and programming skills (python)
  • Fluent in English
• Good to have:
  • Understanding of the energy business and power markets
  • Experience in ML and forecasting
  • Having experience on AWS is a plus

Soft skills:

• Must have:
  • You know how to adapt; you like to develop yourself in a constantly changing environment
  • You are curious, very dynamic, serious and very professional
  • You are a practical thinker, autonomous, and able to take initiatives
  • You are able to explain and convey messages about complex issues
  • You want to be challenged!
  • You are a team player!

Education and professional background:

• Master’s Degree or Equivalent: Specify degrees in areas such as:
  • Data Science
  • Computer Science
  • Statistics
  • Mathematics
  • Energy Economics
  • Engineering (Electrical, Energy, or Industrial)
  • Finance or Economics (if complemented with data analytics expertise)
• No prior experience required

Languages:

• Proficient in English

Travels:

No traveling is expected in this role.

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 provides 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, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

About ENGIE UK

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 balancing economic performance with a positive impact on people and the planet. We are looking for individuals committed to turning our vision into reality.

About GEMS

GEMS (Global Energy Management and Sales) is one of ENGIE's global business units. Specialising in energy markets, GEMS ensures the competitiveness of ENGIE’s business units and develops its own franchise with external customers through services related to risk management, energy asset optimisation, and trading.

About the Role

The Energy Management UK Business Platform (EM UK) is part of GEMS, operating in the UK. EM UK provides decarbonisation, optimisation, and risk management services for internal and external clients in the UK.

About the Role

The Energy Management UK Business Platform (EM UK) is part of GEMS, operating in the UK. EM UK provides decarbonisation, optimisation, and risk management services for internal and external clients in the UK.

As the Head of V&A, you will play a key role in leading our Energy Transition efforts and help us leverage our diversified portfolio. Your leadership will facilitate high-quality decision-making at all levels, from intraday half-hourly pricing to long-term strategic investments. By maintaining a focus on excellence and collaboration, you will drive performance and innovation across the board.

As part of the Senior Leadership Team (SLT) for EM UK, you will contribute to setting the strategic roadmap for EM UK and ENGIE in the UK, aiming to be a leading energy transition utility by 2030 and beyond. The EM UK SLT focuses on client-centric approaches, digital advancement, and fostering collaboration within the team and across ENGIE.

Main Responsibilities

• Portfolio Management: Manage assets using the GEMS ETRM system to forecast revenues and running regimes. Provide analysis and guidance on risk management strategies and execute agreed hedges.
• Market Analysis: Drive UK assumptions for Group Scenario modelling. Develop and maintain market models to support asset investment and M&A activity.
• Quantitative Research and Modelling: Support traders and originators with innovative quantitative analysis. Design and build robust quantitative tools and deliver major strategic projects.
• Structuration: Implement structured products in the UK.

Interaction Scope

• EM UK Team: Collaborate with various teams within EM UK.
• GEMS Expertise Centres: Engage with global Expertise Centres focusing on similar problems.
• Internal and External Clients: Work with Global Business Units and external clients on strategic and operational bases.
• External Bodies: Engage with NESO and represent ENGIE at industry forums.

Experience, Motivations, and Skills

• Demonstrated leadership capability
• Passion for the Energy Transition
• Understanding of commodity market fundamentals, preferably power
• Digital mindset with an understanding of agile ways of working
• Excellent written and spoken English
• Strong communication skills, with the ability to engage clients and colleagues
• Collaborative and analytical approach to problem-solving
• Confidence in decision-making

Nice to Have

• Experience in power & gas markets in the UK
• Understanding of Data Science methodologies
• Advanced understanding of risk management systems
• Familiarity with modern coding languages such as Python, R, or Julia
• University degree in a quantitative area (e.g., IT, engineering, mathematics, economics)
• Experience in Risk Management and/or Decarbonisation services

Why ENGIE?

At ENGIE, we are committed to fostering a diverse and inclusive workplace. We offer hybrid and flexible working arrangements, competitive benefits, and opportunities for professional growth. Join us in our mission to lead the energy transition and make a positive impact on the world.

How to Apply

To apply for this position, please upload your CV outlining your qualifications and experience. We look forward to hearing from you!

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.

3,600 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 190,000 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 areas of expertise:

• 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 GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

In this role, you will report to the Chief Risk Officer, APAC. You will a key member of the APAC Credit Risk team in Singapore to ensure that all trading activities are in line with the credit risk requirements of the GEMS Risk Policy and the approved limit framework:

•          Assessing credit risk and credit worthiness of APAC counterparties

•          Setting, monitoring and enforcing credit risk limits

•          Credit risk reporting & analysis

•          Tailoring globally consistent monitoring and control processes to suit local requirements

Role:

As a Credit Risk Analyst, you will report to the APAC Regional Chief Risk Officer. You will collaborate to the fulfillment of the objectives of the department and may be involved in projects spanning multiple groups across commercial functions and staff.

Note: This is a 1 year contract role.

The main responsibilities are to:

• Assess creditworthiness of counterparties in close collaboration with Front Office and other support functions
• Perform detailed credit analysis of counterparties and assigning internal ratings
• Present files and credit line requests to regular Credit Risk Committees
• Participate in counterparty relationship development with Front Office
• Negotiate credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, including ISDAs and physical master agreements
• Monitor credit risk indicators, exposures, limits, and utilization for a portfolio of counterparties.
• Respond to Front Office queries about potential trade exposures and credit limits availability
• Monitor news and credit events impacting portfolio of counterparties
• Understand risk calculation methodology, interface with Risk Methodology team in Europe
• Analyze major transactions and present material to GEMS and Group level committees
• Develop credit risk frameworks and methodologies for new products and markets
• Participate in cross-functional projects

Hard skills:

• Regular production of detailed credit files and assigning internal ratings
• Deep understanding of energy commodities markets, products, and counterparties 
• Usage of credit analysis tools (S&P Capital IQ, Moodys, Reuters or Bloomberg)
• Solid understanding of credit exposure and risk modeling methodology (Credit VaR/PFE) and counterparty credit risk standards

Soft skills:

• Strong analytical skills (including performing financial analysis)
• Strong communication skills
• Excellent team player
• Meticulous, self-motivated, and highly organized with strong sense of ownership and responsibility. 
• Maintain resilience under time and task pressures
• Digitalization/IT minded

Education and professional background:

• 7-10 years of credit risk experience in a commodities trading house or financial institution, with coverage of both physical and paper instruments
• Bachelor’s degree in Finance (Corporate Finance, Accounting, Economics) or equivalent

Preferred

• Experience with the ISDA and physical master agreements is a plus
• Derivatives knowledge and background, e.g. Greeks and pricing

Languages:

• Excellent communication skills in English both verbal and written
• Additional languages Chinese or Japanese, not mandatory but will be advantageous

Location:

• Singapore – Asia Square Tower 1

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 provides 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, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

ENGIE is a global energy player with over 97,000 employees across more than 30 countries. All of our teams’ efforts are unified in support of the transition to a carbon-neutral economy, by providing innovative energy solutions to households, businesses and communities. Our global ambition, as a pioneer of the renewable energy transition, is to champion carbon-neutral energies and achieve an affordable, reliable net-zero energy system by 2045.Zero. You may think it’s nothing, but to us at ENGIE… zero is everything!
 

THE ROLE:

You’ll be responsible for optimising and managing our assets and portfolio within the spot physical markets. This includes executing effective short-term trading and commercial strategies, as well as managing commodity market risk exposures. Additionally, you’ll oversee the real-time and day-ahead power and gas positions to ensure optimal performance and risk management.

ABOUT YOU:

• Tertiary qualification Commerce, Economics, Finance, Engineering or other relevant area.
• Experience across generation, gas and retail business commercial operations, relating to a physical spot market, preferably in Australia
• Thorough understanding of power and gas system operations
• Excellent communication skills, effective time management and prioritisation skills
• Intermediate to Advanced IT competency e.g., MS excel and typical energy market trading systems.
• Strong analytical skills – ability to create models and analyse data in order to reinforce commercial decisions and understand market conditions.
• Ability to analyse problems and identify appropriate and effective solutions in pressurised situations

ENGIE is an equal opportunity employer, promoting diversity and committed to creating an inclusive environment for all. All applications are screened based on business needs, job requirements and individual qualifications, without any regard to origin, age, carer’s responsibilities, sexual orientation, gender identity, pregnancy, religion, marital status, health, disability or political opinions.  Aboriginal and Torres Strait Islander peoples, people with disability, people from diverse cultural and linguistic backgrounds and people of the LGBTIQA+ community are encouraged to apply. Our differences are our strengths.

POWER DESK MANAGER

POWER DESK

BUCUREȘTI

ENGIE Romania

La ENGIE Romania, dorim să venim în întâmpinarea nevoilor clienților noștri și să îi ajutăm să își atingă obiectivele, într-un mod eficient. Căutăm oameni talentați, care să pună clienții în centrul a tot ceea ce facem. 

În prezent, căutăm o persoană care să aibă cunoștinte aprofundate despre piața de energie locală și europeană pentru a se alătura departamentului POWER DESK, în calitate de  POWER DESK MANAGER.

Dacă îți dorești să faci următorul pas în carieră, alături de o echipă competitivă și profesionistă, trimite-ne CV-ul tău. Ne poți ajuta să construim un ENGIE mai bun. Totul începe cu angajați remarcabili. Totul începe cu tine.

Ce vei face:

• Vei coordona dezvoltarea activității specifice tranzacționării în piața de energie electrică, identificând oportunități, propunând strategia de tranzacționare, pregătind analize specifice (business case, risk/ reward).
• Vei realiza analize pentru identificarea oportunităților de piață, vei fi în contact permanent cu participanții la piață wholesale, precum și cu evoluția reglementărilor.
• Vei propune activități noi, vei concepe cadrul de desfășurare al activităților (target-uri, resurse, risc), vei obține mandatul pentru începerea activităților, lucrând cu celelate compartimente pentru stabilirea cadrului operațional.
• Vei propune metode de hedging pentru produsele identificate, vei oferi suport pentru vânzarea către clientul final, vei participa activ în procesul de risk management al produselor vândute și vei identifica oportunități de achiziție pentru produsele vândute.
• Vei răspunde de respectarea cadrului de guvernanță și, dacă este cazul, pentru noile oportunități vei asigura aducerea la zi a guvernanței.
• Vei coordona tranzacționarea/ implementarea strategiei produselor dezvoltate, lucrând cu celelalte servicii pentru stabilirea unui cadru operațional eficient.
• Vei  coordona următoarele activități de piață (lista nu este exhaustivă):
  • Arbitraj piețe energie, tranzacționare back-to-back sau conform mandatelor specifice;
  • Tranzacționare cross-border (Ungaria, Bulgaria, Ucraina, Serbia) cu entități din Grupul ENGIE sau terțe părți;
  • Acces piață România (market acces) pentru entități din Grupul ENGIE sau alți participanți la piață;
  • Tranzacționare instrumente financiare derivate cu suport produse din sectorul energetic (România, Ungaria, Germania, Italia);
• Vei oferi Market access celorlate entități din cadrul GEM Power (Downstream, Green Power Desk).
• Vei identifica oportunități de vânzare a serviciilor existente (PRE, wind management), vei negocia tarife, contracte, vei participa la integrarea clienților în cadrul operațional.
• Vei participa la activitatea de dezvoltare a produselor noi pentru participanții la piață (CHP management, operare comercială producție, optimizare costuri dezechilibru), vei colabora cu colegii din cadrul Direcției (Green Power Desk sau CTO) pentru implementarea locală a produselor deja dezvoltate în cadrul Grupului.
• Vei tranzacționa pe piețe conform mandatelor primite de la celelalte entități GEM Power, vei urmări respectarea termenelor și a prețurilor, vei confirma volumele tranzacționate.
• Vei participa și vei oferi suport la tranzacționarea pe piață Intraday în România și cross-border.
• Vei oferi suport în dezvoltarea și implementarea strategiei de achiziție de energie electrică și certificate verzi pentru portofoliul ENGIE România S.A.
• Vei monitoriza schimbările legislative/ strategice cu impact asupra activității de contractare, în vederea identificării oportunităților și a riscurilor și vei identifica măsurile ce trebuie adoptate în vederea alinierii acestora la noul context de piață.
• Vei participa la activitatea de dezvoltare a produselor non-standard pentru clienții finali de energie (ex. contracte pe termen lung, produse click, index PZU, Imbedded options) în colaborare cu Direcția Comercializare Energie. Vei lucra alături de colegii din departament pentru stabilirea metodei de hedging a produselor identificate, vei oferi suport pentru vânzarea către clientul final, vei participa activ în procesul de risk management și vei identifica oportunități de achiziție pentru produsele vândute.
• Vei răspunde de identificarea furnizorilor/ producătorilor de energie adecvați cu scopul de a optimiza execuția strategiei de tranzacționare.
• Vei răspunde de derularea în bune condiții a contractelor de energie și servicii, urmărind respectarea clauzelor contractuale și a legislației.
• Vei răspunde de pregătirea prețurilor de tranzacționare pentru cantitățile de energie electrică ce urmează a fi achiziționate/ vândute pe piețele centralizate, respectiv pentru activitatea de import/ export.
• Vei răspunde de transferul informațiilor tranzacțiilor efectuate pentru înregistrarea în sistemele de raportare ale Grupului.
• Vei negocia prețuri, condiții de plată, garantare, cât și alte elemente esențiale ale contractelor în acord cu strategia companiei și mandatul acordat.
• Vei participa la realizarea de amendamente cu privire la legislația în vigoare, cât și cea supusă consultării de către autoritatea de reglementare, precum și de alte instituții abilitate.
• Vei oferi suport Direcției Strategie, Reglementare și Afaceri Publice ENGIE România în relația cu entitățile reglementatoare ANRE, OPCOM pentru aplicarea reglementărilor în vigoare în sectorul energetic și vei propune modificări ale proiectelor legislative.

Experiență, calificări, cunoștințe și abilități:

• Studii superioare finalizate cu diplomă de licență (profil tehnic sau economic);    
• Experiență de minimum 4 ani în domeniul energiei electrice;
• Experiență managerială de minimum 2 ani;
• Experiență în zona de contractare/ negociere;
• Cunoștințe foarte bune de lucru în Microsoft Office;
• Cunoștințe de limba engleză – cel puțin nivel mediu;
• Cunoașterea în detaliu a cadrului de reglementare din domeniu;
• Cunoștințe aprofundate despre piață de energie locală și europeană;
• Cunoștințe de management contractual și management de proiect;
• Foarte bune abilități de analiză și sinteză;
• Foarte bune abilități de negociere;
• Capacitatea de a lucra sub presiunea timpului;
• Abilități de comunicare și relaționare;
• Inițiativă și implicare.

 Beneficii

•  
• Asigurare medicală privată pentru tine și familie;
• Acces la un program de dezvoltare personală și profesională;
• Tichete de masă;
• Concediu de odihnă extins, în funcție de vechimea în muncă.

Doar persoanele selectate vor fi invitate la interviu. 

În cazul în care optezi să ne transmiți datele tale cu scopul de a candida pentru poziția menționată în prezentul anunț, te rugăm să iei cunoștință despre prevederile Notei de informare cu privire la prelucrarea datelor cu caracter personal ale candidaților: https://www.engie.ro/wp-content/uploads/2022/09/ER_Nota-de-informare-Candidati.pdf

Despre ENGIE

Grupul de companii ENGIE Romania activează în următoarele domenii de activitate: distribuţie şi furnizare de gaze naturale, producție din surse regenerabile și furnizare de energie electrică, precum și soluții verzi și servicii tehnice pentru instalaţii de gaze naturale şi centrale termice. ENGIE Romania şi filialele sale deservesc un portofoliu de 2 milioane de clienţi, operează o reţea de distribuţie de circa 22.600 km, deţin o capacitate de producție din surse verzi de 121 MW şi au 4.300 de angajaţi.

Job Offer: Risk Management Team Leader

Location: Paris, France
Entity: Energy Management France Retail (EMS FR)
Company: ENGIE

Job Description:

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners, and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions.

In ENGIE, at the border of GEMS and France Retail Business Units, the Energy Management France Retail entity is looking for a Risk Management Team Leader for its EMS FR team. The ideal candidate will have significant experience in risk management, particularly in energy marketing activities. The EMS FR team to be managed consists of 11 people.

About Us:
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.

3,600 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 190,000 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 GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Main Responsibilities:

• Ensure the recruitment, training, and performance evaluation of the EMS FR team members.
• Supervise, coordinate, and lead the EMS FR team on a daily basis.
• Develop and implement risk management strategies for the BtC marketer.
• Build, maintain and improve the processes of portfolio representation and hedging
• Monitor and explain the P&L of risk management in a continuous improvement approach and integrate its results within France Retail.
• Analyze potential risks and propose solutions to mitigate them.
• Collaborate with the various France Retail departments to make sourcing and hedging a competitive advantage for France Retail.
• Contribute to the harmonization of risk management practices within the GEMS DOWNSTREAM Business Platform.
• Ensure communication with trading desks and make sure operational processes with trading are safe
• Ensure compliance with regulations and internal policies.
• Make sure EMS FR is represented and involved in major France Retail transformation projects

Desired Profile:

• Minimum 10 years of experience in risk management, with proven expertise in the energy sector.
• Strong technical skills in risk analysis and market finance.
• In-depth knowledge of energy sector regulations and standards.
• Excellent managerial and leadership abilities.
• Ability to work in a team and communicate effectively with various stakeholders.
• Ability to simplify processes and messages from complex situations.
• Proficiency in ENGIE's trading tool.
• Previous management experience is desired.
• In-depth knowledge of energy sector regulations and standards.
• Ability to lead and motivate a team.
• Capacity to make strategic decisions and manage complex projects.

Why Join ENGIE?

• Join an innovative company committed to the energy transition.
• Participate in ambitious and impactful projects.
• Grow in a dynamic and stimulating environment.

If you are passionate about risk management and want to contribute to ENGIE's success, we would be delighted to receive your application.

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.

What You Can Expect

ENGIE Global Energy Management and Sales (GEMS) is responsible for managing the portfolio of gas, electricity, congestion revenues rights and environmental products for ENGIE, across geographies. More recently, GEMS has extended his scope to also manage all the market risks (energy, congestion, Renewable Energy Certificates (RECs), ancillaries) generated by the Renewable and Battery Storage Assets owned by ENGIE North America, which includes wind farms and solar farms – the Renewable Portfolio Management team is precisely the group in charge of these activities.

• Join a team of renewable portfolio managers to manage a growing portfolio of wind and solar assets expected to reach 8GW+ of installed capacity in the coming years
• Develop and execute a strategy for forward hedging of wind and solar assets in conjunction with the other parts of Engie North America which warehouse or originate electricity market risks (Battery Storage, Data Centers, Retail, Trading)
• Model long term valuations for the co-location of renewable and battery storage assets with data centers and Power to X sites
• Create optimized trading strategies around co-located sites to mitigate risks and maximize portfolio profitability
• Articulate and execute hedging strategies deploying different instruments according various  risk profiles, including energy hedges, gas hedges, options, Virtuals, Point-to-Point transactions, Firm Transmission Rights, Transmission Congestion Rights, Congestion Revenue Rights (FTR/TCR/CRRs), and Intercontinental Exchange (ICE) financial power transactions
• Build and deploy strategies for Day-Ahead offers for a large portfolio of wind and solar farms
• Develop strategies and execute trades  with our Congestion Trading team to assess congestion risks in the respective Independent System Operators (ISOs)
• Analyze and discuss the commercial terms of existing and upcoming Power Purchase Agreement (PPAs), identifying the underlying risks, and proposing alternative language and/or risk mitigation strategies
• Analyze and price option strategies designed to reduce tail-end risk exposure to market volatility and inherent asset offtake structures
• Monitor markets trends, regulatory landscape, current risk levels and exposures, and other relevant sources of impacts
• Articulate with Risk Group the development and improvement of the risk metrics, and the proper representation of assets and PPAs in our management systems
• Produce monthly market analysis containing energy balances, the performance of transactions, market trends, and recommended course of action

What You’ll Bring

• Bachelor’s degree in which you completed courses in a quantitative discipline such as Computer Science, Engineering, Finance, Economics, Mathematics, or any other related disciplines
• A minimum of 7 years of relevant experience in Competitive Power Markets
• A minimum of 3 years of power marketing, power trading, asset management, or risk management experience
• Experience in the market structure, transactions, and protocols of ERCOT/SPP/MISO/PJM markets
• Excellent data handling, structuring, organizing, processing, and presenting skills (using Excel and PowerPoint)
• Resourceful, ability to use a variety of tools (price/valuation/database/modeling), data sources, and systems; and inherent curiosity to procure and test new resources
• Solid finance knowledge (i.e., capable of interpreting Income Statement, Cash Flow Statement and Budgets)
• Commercial acumen with a good understanding of business principles, contracts, and relationships, including specific experience negotiating power purchase agreements and/or over the counter trades
• Deadline driven with project management skills for cross-organizational coordination

Additional Details

• This role is eligible for our hybrid work policy 
• Must be willing and able to comply with all ENGIE ethics and safety policies 

Compensation

Salary Range: $103,950 – $ 173,250 USD annually

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.  But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it!  Join us as we develop energy that is renewable, efficient, and accessible to everyone.  

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

This role is eligible for sponsorship.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.