Market Oversight Strategist

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:

In the Short-term Power as-a-Service (SPaaS) business platform of GEMS we are a diverse group of experts with a variety of ages, genders and languages dedicated to delivering high quality services and value to our clients on the short-term power markets through strong business expertise and digital experience. Within SPaaS, the Market Overisight & Strategies team (MOS) supports a range of internal teams and external clients involved in these short-term markets across Central Western Europe (CWE).  We are currently looking for a senior MOS expert in Brussels to strenghten our team.

Role:

The role of the MOS expert is structured around two sets of activities: 

1. Non-operational activities (“offline”): you will steer the development of models and algorithms to optimize our portfolio of assets and trade on customer positions across the different markets, horizons and technologies in the short-term scope.  

2. Operational activities (“online"): on a daily basis, jointly with a short-term trader and an asset optimizer and supported by market analysts and meteorologists you will develop optimization/trading strategies for the short-term power markets based on a profound risk analysis of all fundamentals. These will be shared with the shifters as guidelines for their bidding strategies. 

For the offline activities described above, you will help coordinate a group of market analysts,  quants, data experts and software developers to code and maintain the toolset from which all short-term market strategies are derived (including new optimization models and algorithms leveraging machine-learning technologies). Here, the teams are driven by the common goal of making better and faster trading decisions, always pushing the strategies and analyses into new territory. 

In turn, the online activities to be performed by the MOS expert include concretely the following: 

• Lead the intramonth optimization activity for the assets in the CWE portfolio as the starting point for the market strategies in the following (sequential) markets (day-ahead, intraday). This includes outage valorizations and week-ahead planning. 
• Evaluate on a continuous basis the value of the assets across all short-term markets and provide insights to the short-term optimizers on an overall strategy. 
• Provide quantitative guidance to short-term optimizers on the commodity price references available, including adjustments on power price forecasts based on latest market trends. 
• Evaluate premiums to be applied on the pricing of the assets in any short-term market to account for opportunity costs from the other (sequential) markets.
• Devise performance KPIs for the complete short-term horizon that enable back-testing and adjusting the strategies; and reporting on the results (per asset). 

Requirements:

• Master's degree in engineering or any other quantitative discipline (economics, computer science, finance, etc.)
• You have at least 5 years of professional experience – including ideally from two previous roles in GEMS.  
• Willingness to take part in a rotating, on-duty shift system from Monday to Friday during office hours (online activities described above)
• Sound analytical skills, attention to detail and a structured approach cultivated from experience in quantitative and/or trading-related functions. Your ability to collect information, to examine it methodically and extract the most relevant conclusions for each optimization scenario will be very appreciated. 
• Thorough understanding of  the economics and the functioning of short-term energy markets including power, gas and emissions; power systems dispatch and flow dynamics. You have a good grasp of the fundamental drivers and the exposure to risk faced by GEMS clients in all these markets. 
• A team player with strong communication skills: join a team where your ability to coordinate colleagues from other backgrounds to deliver concrete guidance on market strategies comes naturally to you and helps ensure a high standard of operational performance. You are able to explain complex issues and present them in a clear and concise manner. 
• Your disposition to take the initiative and bring new ideas to the table will be highly valued. 
• You bring an instinct to take sensible and calculated risks. 
• Knowledge of accounting mechanisms (both industrial and trading), market finance of the power business (hedging, derivatives) and associated trading strategies is an asset. 
• Coding skills in languages like Python and VBA are a strong plus, but we are also open to consider candidates with a willingness to learn and grow. We offer a supportive environment where you can enhance all your skills. 

Languages:

Fluency in English (oral and written) – knowledge of French, Dutch and/or other languages is an advantage.

What we offer:

• A window to short-term energy markets in Central-Western Europe. 
• The opportunity to steer the optimization of power plant portfolios with predominant positions across Europe, and that include state-of-the-art thermal and hydro pump storage assets. 
• A position to liaise and cooperate with forward and intraday traders, risk officers, forecasters, power dispatchers and plant managers, middle- and back-office counterparts for a complete portfolio optimization experience. 
• The means to develop coding skills in languages commonly in use in front operations and other relevant IT skills. 
• Engagement with a stimulating role that embraces constant evolution. Challenges arise daily, offering opportunities for creative problem-solving and intellectual growth.
• Flexible work arrangements aimed at facilitating a healthy work/life balance, including allowances to work from home and abroad.  
• Autonomy: the oppthe opportunity to take responsibilities, to shape the activities and make a lasting contribution to the platform. 
• The possibility to grow professionally in one of the leading players of the European energy sector.
• A positive and collaborative work culture, where every voice is valued.
• The opportunity to join a diverse group of experts with a variety of ages, genders and languages focused on delivering value to all our clients on the short-term energy markets through a sound digital experience.  

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.

Our Group is a global reference in low-carbon energy and services. Together with our 96,000 employees, our customers, partners and stakeholders, we are committed to accelerating the transition to a carbon neutral economy through reduced energy consumption and more environmentally friendly solutions.

We are currently looking for a Quants Data Scientist for our GEMS Iberia team in Madrid.

Scope of the job
•    Support business development team with valuation of new products
•    Support commercial teams with pricing tools. 
•    Support portfolio managers with representation of risk factors and hedging strategies
•    Optimisation under constraints of physical assets: batteries, hydro, CCGTs, wind, PV…
•    Pricing exotic derivatives in imperfect markets. 
•    Create decision support tools (prototype) with adequate documentation and version control.  
•    Support short term and trading teams in gas and power price modelling
•    Create a network of collaboration with other quant and data scientist teams in Engie GEMS. 
 

Profile requirements

Relevant studies (minum MSc):
•    Financial mathematics, Operations research, Computer science, Statistics and Mathematics
•    Deep learning and advanced analytics
•    Any other study (ie. Engineers) complemented with very strong mathematics education or professional experience.
 
Relevant Experience: 
•    Worked in energy Markets, or relevant experience with other commodities. 
•    Post-doc in energy markets or other with applicability to this job. 
•    Supported trading teams in the past. 
 
Skills:
•    Basic market analysis
•    Good presentation skills, for non-quantitative audience. Clear and effective communication both written and verbal; ability to explain and convey messages about complex issues and models.
•    Critical thinking to interpret, evaluate, and communicate complex information.
•    Good coding skills: Python. Other: R, Julia
 

Committed to inclusion

At ENGIE we value and encourage diversity and inclusion. We are committed to accelerating the transition to a carbon neutral economy achieved through the integration of exceptional and diverse individuals who seek, support and strengthen the growth of others.

ENGIE is the answer if...

- You are looking for a solid professional project with professional projection.

- You value being part of the first independent energy group in the world.

- You want to grow and develop within a dynamic and challenging company.

- If you consider that your work, together with the efforts of the people who are part of the company, can and should have a positive impact on the environment.

If you want to be part of an international group, able to offer a wide variety of jobs in a dynamic and promising sector, we are waiting for you!

#LI-DNP

We thank all applicants for their interest, however due to the large volume of applications we receive, only shortlisted candidates will be contacted.

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, name, sexual identity, orientation or preference, religion, marital status, health, disability, political opinions, union involvement or citizenship. Our differences are our strengths! 

Context:

You will be part of the Global Risk Analytics team (8 people) of which 7 members are operating from Paris but this position will be located in Singapore. The team is in charge of the Market Risk monitoring of the GEMS (Global Energy Management) Business Unit of ENGIE and its regulated entity EGM (Engie Global Markets). In Singapore, you will benefit also from the experience and the support of the local Market Risk team who are in charge of the local monitoring of the Asia Pacific Business Platform and Australia Business Platform of GEMS.

You will evolve in a collaborative team that thrives in a dynamic, technology and data driven environment. Your contributions will directly impact our commitment to excellence and innovation within the Risk Expertise center of GEMS.

We are committed to producing and reporting of key risk metrics, providing timely insights to relevant stakeholders across the organization. As stewards of risk governance, we design and maintain robust frameworks for market risk measurement, limit setting, and control, ensuring alignment with regulatory requirements and internal policies.

Collaborating closely with trading desks, operating in a global environment in the fast changing Commodity World, we foster collaboration and knowledge sharing across regions and business lines, leveraging diverse perspectives to enhance risk awareness and decision-making with our priority objective to uphold the integrity of GEMS & EGM risk management framework across all countries and Business Platforms.

Our expertise in market risk management extends to the development, enhancement and validation of risk models, systems, and processes, driving continuous improvement and innovation, partnering tightly with Quant Risk & Front Office as well as IT teams.

Digital is at the heart of the team DNA, leveraging on cutting edge technologies and analytical tools , we integrate digital solutions seamlessly into our operations to foster agility, increase our ability to extract actionable insights from vast volume of data.

Role:

As the Global Risk Analytics representant in Singapore, you will be key to ensure the good sharing of information, knowledge and market risk standards & practices between your global team (Global Risk Analytics) and Asia Pacific & Australia Market Risk teams.

On a daily basis, you will work in close collaboration with other team members in Paris and interact with Front Office and other Support functions in Singapore.

Key Responsibilities

Model and New Product Validation: Support the validation of risk models and the assessment of new products or business initiatives to ensure their compliance with internal risk management policies and regulatory requirements.

Risk Assessment: Conduct comprehensive risk assessments and scenario analyses to evaluate the potential impact of various risk events. Participate in risk identification workshops and meetings to contribute insights and perspectives on potential risks and their implications.

Risk Monitoring and Reporting: Prepare regular risk reports and dashboards for senior management and the board of directors, highlighting emerging risks and areas of concern.

This position provides an excellent opportunity to gain hands-on experience in risk identification, assessment, model & product validation, while contributing to the overall effectiveness & transversality of our risk management processes.

Hard skills:

• Must have:

• Data Analysis: Proficiency in data analysis tools and techniques, including Excel & Python to analyze and interpret complex data sets related to market risk.

• Financial Knowledge: Understanding of financial markets, instruments, products to assess their impact on market risk.

• Risk Management Principles: Knowledge of risk management principles, methodologies, and best practices, including risk identification, assessment, mitigation, and monitoring.

• Model Validation: Understanding of risk models and quantitative techniques used for market risk measurement and validation, including VaR (Value at Risk) and stress testing methodologies.

• Good to have:

• Regulatory Compliance: Familiarity with regulatory requirements and industry standards governing market risk management

• Commodity Markets : knowledge of the Commodity World is a plus.

Soft skills:

• Communication: Effective communication skills, both verbal and written, to convey complex risk concepts and findings to stakeholders at all levels of the organization.

• Analytical Thinking: Strong analytical and problem-solving skills to analyze data, identify trends, and make informed decisions about market risk exposures.

• Teamwork: Collaborative mindset and ability to work effectively as part of a team, supporting colleagues and contributing to a positive and inclusive work environment.

Education and professional background:

• Master's degree in finance, risk management or a related field.
• 2+ year of experience in Market Risks, preferably in a Banking or Utilities company in a Trading environment. Previous experience in a leadership or senior management role is highly desirable.

Languages:

• English

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. 

Context:

You will join the Trading Surveillance team within the Risk Expertise Center.

This transversal team is composed of 8 analysts monitoring GEMS trading activity worldwide (except the US-based one) on all traded commodities. The team is in charge of designing, developing, operating trading surveillance solutions on a daily basis and managing processes to comply with the regulations concerning market abuse and algorithmic trading, in collaboration with other functions (mainly Legal, Compliance, Front-Office).

This is a Singapore-based position, with some very punctual travels to other GEMS offices (mostly Tokyo, Melbourne, Paris/Brussels). However, you will be covering all GEMS activities, with a focus on Asia-Pacific activities.

Role:

• Develop the global trading surveillance system that allows to integrate data (orders, trades, events, etc) on all trading platforms where GEMS operates and recognize, prevent and report suspicion of market manipulation. Create prototype alerts then industrialize them in the core big data surveillance tool with the support of a dedicated IS team.

• Investigate/Escalate automated daily alerts and perform spot checks. Challenge front officers on their trading practices (Internal Request For Information or investigations).

• Contribute to the awareness and guidelines on best practices considering regulatory developments and business changes, in close collaboration with Front-Officers, Legal and Compliance

• Analyze and validate algorithmic trading tools and strategies and elaborate securities in relation with IS and business teams.

•   Collaborate with Legal/Compliance teams to bring analysis in case of external inquiries.

Hard skills:

• Must have:

• Excellent practical ability to analyze/process multiple data and information sources, understand markets, products and trading strategies, acquired through a first professional experience.

• Practice of office tools and management of databases (SQL, AWS, Azure, APIs,...).

• Good to have:

• First experience linked to Energy markets or Market Conduct regulations or Trading surveillance activities.

• Good coding skills (Python preferred).

Soft skills:

• Must Have: Analytical and assertive mindset, combined with a hands-on approach. Well organized and pro-active, tenacious and stress resistant. Curious, eager to learn and develop skills. Working on a collaborative mode.

• Good to have: Strong interest for the energy markets (fundamentals, design, regulations).

Education and professional background:

• Master's degree in energy engineering, economics, risk management, finance or a related field.
• Up to 3 years of experience in an analytical role, in a Banking, Utilities, or Trading environment

Languages:

• Fluent English
• French, non-mandatory but will be advantageous

Travels:

Punctual travels to other GEMS trading offices (mostly Tokyo, Melbourne, Paris/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 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. 

Business Developer Biomass 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.

3,300 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:

We're looking for a Commercial Developer to support the ambitious growth of our Biomass Business, and specifically to meet the emerging demand from European industrial players requiring low carbon solutions.

Role:

We're looking for a Commercial Developer to support the ambitious growth of our Biomass Business, and specifically to meet the emerging demand from European industrial players requiring low carbon solutions.

• Build a portfolio of new clients in the industrial segment in NWE, in collaboration with BP Biomass Traders & Originators and originators from other GEMS BPs.
• Follow-up and maintain commercial relationship with clients in your portfolio
• Active role throughout life cycle of the transactions: origination, structuring, negotiation, internal approval, execution and transaction management, and management of required due diligence processes
• Originate and Structure complex Biomass Sales and purchases contracts, in collaboration with Biomass and freight traders and operators, for transactions worldwide with initial focus on NWE

• Commercial negotiations with counterparties
• Screen industrial and financial tentative Partners
• Develop non-standard solutions on physical Biomass commodities
• Ensure offer products are suitable for Clients and compliant with Engie expectations, technical wise, sustainability wise, regulation wise
• Develop commercial franchise, if such prospects do not have set relations with Front office
• Represent Engie in Exhibitions, Forum to value Engie GEM services, offers, contact

Hard skills:

• University degree in Business, Economy, Finance, Technical or Commercial Engineering
• Strong communication skills (both written and verbal)
• Deep understanding of the drivers of commodities markets
• Excellent contract structuring capabilities (term sheet, review of legal documentation) – drafting, review and negotiation of key transaction documentation, attention to detail
• Ability to negotiate complex long-term contracts
• Understanding of technical specifications related to physical commodities
• Ability to originate and develop transactions or transaction ideas

Soft skills:

• Commercial orientation
• Proximity and insight into markets
• Deal-making skills: critical decision maker, able to adapt strategy quickly in order to deliver results over medium term
• Cross-commodity knowledge on financial & physical aspects & risks
• Deal structuring capabilities

Education and professional background:

• Experience as Originator  (Sales and/or Structurer and/or Trader)
• Experience in energy or other commodity markets (as trader or other)
• Experience in negotiating and contracting of structured deals  
• Experience International commercial activities

Challenges

• Enhance Engie GEMs Biomass commercial capabilities through innovative offers
• Support development of business and portfolio of counterparts
• Ensure adequate and efficient coordination with other entities within GEMs commercial Community
• Ensure high quality OC/IC and Group Finance relations

Languages:

Fluent in English and French, German is a plus

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 of 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

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 +120,000 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 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).

MAIN ACTIVITIES

Integrating the quantitative analyst team is a huge opportunity for you to work on financial modeling and IT development:

• Financial modeling: Stochastic pricing models, XVA, VaR, SVaR, CVaR,…
• IT development: C#, python, and big data (Amazon web service, Dataiku)

PRICING MODEL VALIDATION

• Be in direct contact with traders, and pricing model designers to understand derivatives, and stochastic pricing models ;
• Challenge theoretical model design and measuring model risk ;
• Develop in C# validated stochastic models ;
• Develop in C# alternative stochastic models.

MARKET AND CREDIT RISK MODEL DESIGN

• XVA, VaR, SVaR, and CVaR, model designer ;
• Improvement of stochastic models to implement in the risk engine ;
• Interact with risk team and trading team, to understand the problem, and propose some theoretical and technical solutions ;
• Develop and test model in python ;
• Work with IT team for risk engine implementation ;
• Develop “ad hoc” pricing tools and prototypes used by the FO, leveraging on the pricing library and potentially developing customized tools.

MODEL ON-GOING MONITORING

In a big data environment (python + Amazon web service), ensure model quality over the time ;

• Challenge exotic parameter of pricing model ;
• Design, implement, and automatize pricing model quality metrics ;
• Calibrate stochastic model risk under historical probability.

HARD SKILLS

• Knowledge of stochastic models applied to derivative pricing and risk modeling ;
• Knowledge of statistic (hypothesis testing, time series, regression analysis) ;
• Good object-oriented programming skills (C#, Python) in order to develop autonomously prototypes & models ;
• Knowledge of Amazon web service or other Big data environment would be appreciated ;
• Some experience in Commodity Markets would be appreciated.

SOFT SKILLS

• Analyzing complex problem, conceptual thinking, rigor ;
• Ability to explain and convey messages about complex issues ;
• Working together, ability to work in a collaborative environment.

EDUCATION / SENIORITY

• University degree (Master or PhD) in Financial Engineering, Applied Mathematics, Statistics, Physics, Engineering, Computer Sciences ; 
• Confirmed experience of at least 3 years as an quantitative analyst pricing and risk model.

LANGUAGES

• Fluent in English

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.

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 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 +120,000 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 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).

MAIN ACTIVITIES

Integrating the quantitative analyst team is a huge opportunity for you to work on financial modeling and IT development:

• Financial modeling: Stochastic pricing models, XVA, VaR, SVaR, CVaR,…
• IT development: C#, python, and big data (Amazon web service, Dataiku)

PRICING MODEL VALIDATION

• Be in direct contact with traders, and pricing model designers to understand derivatives, and stochastic pricing models ;
• Challenge theoretical model design and measuring model risk ;
• Develop in C# validated stochastic models ;
• Develop in C# alternative stochastic models.

MARKET AND CREDIT RISK MODEL DESIGN

• XVA, VaR, SVaR, and CVaR, model designer ;
• Improvement of stochastic models to implement in the risk engine ;
• Interact with risk team and trading team, to understand the problem, and propose some theoretical and technical solutions ;
• Develop and test model in python ;
• Work with IT team for risk engine implementation ;
• Develop “ad hoc” pricing tools and prototypes used by the FO, leveraging on the pricing library and potentially developing customized tools.

MODEL ONGOING MONITORING

In a big data environment (python + Amazon web service), ensure model quality over the time ;

• Challenge exotic parameter of pricing model ;
• Design, implement, and automatize pricing model quality metrics ;
• Calibrate stochastic model risk under historical probability.

HARD SKILLS 

• Knowledge of stochastic models applied to derivative pricing and risk modeling ;
• Knowledge of statistic (hypothesis testing, time series, regression analysis) ;
• Good object-oriented programming skills (C#, Python) in order to develop autonomously prototypes & models ;
• Knowledge of Amazon web service or other Big data environment would be appreciated ;
• Some experience in Commodity Markets would be appreciated.

SOFT SKILLS

• Analyzing complex problem, conceptual thinking, rigor ;
• Ability to explain and convey messages about complex issues ;
• Working together, ability to work in a collaborative environment.

EDUCATION / SENIORITY

• University degree (Master or PhD) in Financial Engineering, Applied Mathematics, Statistics, Physics, Engineering, Computer Sciences ; 
• Confirmed experience of at least 3 years as an quantitative analyst pricing and risk model.

LANGUAGES

• Fluent in English

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.

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 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:

The Expertise Center (EC) Quantitative Research and Modeling (QRM) within GEMS is a team of 30 quantitative analysts. Its mission is to provide advanced quantitative expertise to all Business Platforms (BP) of GEMS.

The quantitative developer would be part of the “Gas & Oil” quant team (approx. 10 people) but fully dedicated to Market Access Business Platform, and more specifically to Market Making Option Desk.

Role:

The quantitative developer should design and provide robust and performant quantitative tools that have a concrete impact on business.

• Work very closely to the Market Access trading team and understand their business needs, provide them with high-quality quantitative support in their day to day activities.
• Participate in enhancing existing pricing and managing framework.
• Deliver ad hoc tactical solution as well as develop new pricer in the official pricing library.
• Play a key role for developing new products (pricing, managing strategies, various risks identification, cross hedging among existing products).
• Promote best coding practices that comply with general rules and standards.

Hard skills:

Strong Financial Mathematical background (probabilities, stochastic calculus, various numerical methods : monte-carlo, PDE, ...)

Object-oriented programming skills

A real interest in mathematical models used in Finance

Ability to explain and convey messages about complex issues

Soft skills:

Practical and conceptual thinking

Ability to explain complex issues

Ability to deliver concrete solution

Autonomy

Working together, adaptability

Education and professional background:

Engineering or university degree (Master or PhD) in Computer Sciences, Applied Mathematics, Statistics, Physics, Financial Engineering…

Any kind of seniority will be examined, and some experience in Commodity Markets would be appreciated, it is not necessary.

Languages:

French and English

Programming language (C#, Python, …), Visual Studio,

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

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:

The GEMS APAC team is based in Singapore and offers trading services to both internal and external clients in the APAC region. We specialize in providing optimization, hedging, market operations, and analytics services to support our clients.

Role:

As a KYC Analyst, you will report to Head of KYC APAC for BP APAC. You will collaborate to the fulfillment of the missions of the department and may be involved in projects spanning multiple groups across commercial functions and staff.

The main responsibilities are:

• Perform due diligence (of all risk level) on new counterparties, request KYC information, review and verify received documents, enter information into KYC systems, and make an analytical assessment of counterparty risk.
• Review KYC clearance of existing counterparties, both on a regular review schedule and triggered by emergent events.
• Perform bad press screening & monitoring, PEP identification, adverse news screening, and present KYC files to management .
• Escalate and present high risk clients to senior management, Compliance, CSR, and group Sanctions Team.
• Monitor and update internal databases for statistical reporting

Hard skills:

• Experience with AML monitoring and screening tools is required.  World Check, Transparint, Lexis Nexis preferred
• Strong research and analytical skills with good report writing skills required
• AML/KYC work experience in major banks or oil supermajors
• Familiar with energy commodities (Oil, Gas, Power, etc.) derivatives products and physical transactions

Soft skills:

• Meticulous, self-motivated, and highly organized with strong sense of ownership and responsibility. 
• Excellent team player
• Able to multi-task, cope well under pressure, and meet tight deadlines

Education and professional background:

• 3-years bachelor degree or higher. Business, Accounting, Finance preferred.
• 4 to 6 years of KYC/CDD experience in onboarding corporate clients

Languages:

• Must have:

• Excellent communication skills in English both verbal and written.

• Good to have:

• Proficiency in Japanese to understand & translate Japanese documents such as financial reports/annual statements, registration documents etc.

Location:

• Singapore

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.