About the job

Quantitative Analyst 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:

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 analyst would be part of the “Gas & Oil” quant team (approx. 10 people) but fully dedicated to Gas Supply & Trading (GST) Business Platform (BP). Within this BP, the midstream and upstream gas trading desks are risk managing complex assets in the financial markets, on behalf of internal and external clients.
 

 Role:

The Quantitative Analyst will be focused on the activities of Gas Supply and Trading desks.
The Quantitative Analyst is responsible for developing and maintaining the models that guide our financial and physical trading, portfolio management and risk assessment activities. 

This role is an opportunity to directly apply advanced modelling techniques as part of a highly quantitative team, with extensive experience on derivatives pricing, risk management and trading.

 The team will rely on him/her to be a real value added to the team, as a support on diverse modelling challenges. He/she will contribute to the whole valuation and risk management chain of a derivatives portfolio.

The Quantitative Analyst, will be responsible for the following:

• Generate end to end model development and design from data preparation to the build & implementation, validation and calibration of derivatives pricing models
• Theoretical development of appropriate pricing formulas of each derivative traded
  • Conceptual soundness of the modelling framework
  • Consistency with market practice
  • Proofs and mathematical evidence of formulas
  • Documentation of the methodology
• Implementation of the pricing and risk management engines into an official pricing library
  • Insure the performance of the algorithms used
  • Insure the quality of the code produced
  • Test every new functionality
  • Respect coding conventions and best practices
• Analysis of the portfolios, perform stress tests and relevant risk analysis

• He/She will be in direct contact with Traders, understand their business needs, provide them with quantitative support in their day-to-day activities, define model needs, translate them into development features
• He/She will collaborate with other Quants, to exchange about models, new ideas, in order to leverage on the knowledge from peers

Hard skills:

•  Strong mathematical skills, expert in Quantitative Finance
•  Good understanding of the trading and portfolio management business
•  Proficient object-oriented programming skills (C#, Python) in order to develop autonomously prototypes & models
   

Soft skills:

•  Practical and conceptual thinking
•  Ability to explain complex issues
•  Ability to deliver concrete solutions
•  Conceptual thinking, rigor, motivation, strong commitment, autonomy
•  Working together, communication and adaptability
   

 Education and professional background:

• Engineering or university degree (Master or PhD) in Computer Sciences, Applied Mathematics, Statistics, Physics, Financial Engineering…
• At least 5 years’ experience of working in a trading environment, focusing on advanced model developments
•  Some experience in Commodity Markets would be appreciated

 Languages:

•  Fluent in English
•  Programming language (C#, Python, …), Visual Studio, GIT…

Come join one of the most ambitious Transformation Program of Engie 

ENGIE's strategy to drive the energy transition and to industrialize the company, making it simpler, 

faster, and more integrated, is set. GET, Global Enterprise Transformation, is the Program decided by ENGIE to accelerate and standardize the ERP system as well as the effectiveness of processes, embarking the Company on a centrally steered and business-led transformation focused on making ENGIE an integrated industrial company. 

Therefore, GET Program is among the top 5 ENGIE priorities with genuine ExCom sponsorship. 

Be part of the Change and come build the Future at one of the most ambitious Transformation Program of the moment. 

With a view to harmonization, ENGIE has embarked on a major program to transform its processes and IT tools. This project, which extends over several years, concerns all the entities of the group and requires a sustained support. 

To implement this support, we are looking to recruit a : 

GET – SAP CO Expert (M/F)

The head office is based in Courbevoie (La Défense), but the physical presence on the head office is not mandatory. We are also looking for international profiles.

The GET program aims to deliver the future business and IT core model with a central “one ERP / One ARIBA” platform. The functional context of the program covers a set of functional areas including accounting, controlling and procurement as main areas.

The GET program offers a unique opportunity to onboard on one of the most ambitious and strategic Enterprise transformation programs with a very high IT footprint with S/4 & SAP ARIBA as central IT components. Innovation is at the heart of GET Program with an ambition to implement a best in class processes & solution.

The SAP CO expert role is proposed to reinforce the internal team supporting the core model delivery and coordinating the pilots/rollouts.

This role will be N-2 to GET IT Lead and directly reporting to the core model IT lead.

Job Responsibilities:

• Bring expertise on SAP FICO with major on FI
• Help the business teams in business requirement definition and ensure coherence with the SAP S/4 capabilities
• Responsible for reviewing the integrator delivery and challenge the proposed solutions
• Align with the business team to ensure the proposed solution is aligned with the core model and the program guidelines
• Work with the integrator teams and SAP teams to secure design authority presentations for arbitrations
• Secure testing phases and ensure quality of test delivery by the IT integrator
• Drive discussions in multi-cultural / global context with multiple stakeholders.

Position requirements

• Very good knowledge of the SAP FICO area.
• Understanding the process of translating business requirements and processes into IT solution in S/4.
• At least 5 years experience in similar position
• Good references in the previous experiences with other customers
• Fluent English (oral/written)
• May require national & international mobility.

"Priority position reserved for ENGIE SA Corporate employees whose position is removed and for DTR employees".

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 Credit risk Analyst role is part of EC Risk Europe, the Risk Division of GEMS in Europe and will be managing credit risk resulting from the Energy Management, Global Energy & B2B Supply activities in Europe. Main responsibility is to overview the creditworthiness of the counterparties in these portfolios and manage the credit risk exposure accordingly (credit risk mandate, overdue monitoring…). The economic environment is also key and needs also to be followed.

Role:

Credit Analysis

• In-depth credit analysis of European clients (analysis of the financials, sector analysis, market & environment, peers and SWOT analysis)
• Rating recommendation and validation in ECR rating tool
• Recommendation including credit conditions on the request submitted
• Communication of any relevant negative news on clients
• Monitoring and follow up of the Client’s credit exposure on clients and effective implementation or monitoring of credit mitigants

Contribute to the EC Risk Europe risk management governance

• Support the update the EC Risk Europe policy and sections related to credit risk.
• Support the review the credit delegation scheme of EC Risk Europe
• Support the presentation of the related charts / dashboard in EM or Supply Risk Committees
• Support on ad-hoc analysis and projects within the Finance & Risk teams.

Key activities carried out by the Credit Risk function include:

• Redaction and follow-up of the GEMS Risk Policy
• Review of Supply contracts and related credit clauses
• Liaising with external credit insurers  and/or Brokers
• Communicating with Legal department on contracts and collaterals

Hard skills:

• Must have:

• Financial analysis
• Strong analytical skills
• Portfolio Management

• Good to have:

• Good knowledge of energy markets
• Project Management
• Good level of Excel functions: ability to audit Excel models

Soft skills:

Must have:

• Team player
• Good communication skills
• Enjoy collaborative environments and working closely with others
• Ability to work effectively with all Business Platforms

Good to have:

• Strong emphasis on accuracy, coupled with analytical and problem-solving skills
• Capacity to handle and prioritize various credit risk requests simultaneously
• Good stress resilience

Education and professional background:

• Education level: Master degree under preparation
• Less than 2 years of relevant experience in a credit risk position, or relevant finance or accounting activity (ideally in a trading or banking environment)

Languages:

• Fluent in English: written & oral
• Fluent in French: written & oral

Travels:

• Seldom

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.

A propos de GEMS

ENGIE Global Energy Management & Sales (GEMS) fournit des solutions d'approvisionnement en énergie et des services de gestion des risques pour accompagner ses clients dans leur démarche de décarbonisation, tout en optimisant les actifs d'ENGIE et en contribuant à la création de valeur.

ENGIE est une référence mondiale en matière d'énergie et de services bas carbone, avec une activité de gestion de l'énergie de premier plan, pilotée par son entité "Global Energy Management & Sales" qui a construit son savoir-faire en gérant le portefeuille d'actifs important et diversifié du Groupe depuis plus de 20 ans.

3 600 employés dans le monde entier développent nos solutions, à travers plus de 20 plateformes commerciales internationales. Nous couvrons l'ensemble du bouquet énergétique : énergie renouvelable et thermique, gaz naturel et GNL, biomasse, produits environnementaux. Nos experts fournissent des solutions sur mesure basées sur un large éventail de savoir-faire en matière de gestion de l'énergie, en mettant l'accent sur la décarbonisation et la décentralisation.

Nos 190 000 clients couvrent l'ensemble de la chaîne de valeur : producteurs, développeurs d'actifs, acteurs financiers, services publics, distributeurs et industriels. Notre portée mondiale et notre forte présence locale nous permettent d'offrir à ces clients divers des services sur mesure et de répondre aux changements rapides dans les marchés matures ou émergents.

Nos 4 expertises :

- Gestion d'actifs

- Services de transition énergétique

- Approvisionnement en énergie et matières premières

- Gestion des risques et accès au marché

Chez GEMS, nous encourageons les résultats exceptionnels, l'esprit d'équipe, la curiosité et l'innovation tout en préservant l'équilibre entre vie professionnelle et vie privée.

Plus d'informations sur GEMS Hub (https://gems.engie.com) ou LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Contexte:

Le Centre d'Expertise (EC) en Recherche Quantitative et Modélisation (QRM) au sein de GEMS est une équipe de 30 analystes quantitatifs. Sa mission est de fournir une expertise quantitative avancée à toutes les entités business (BP) de GEMS.
Au sein de ce centre, l'équipe quantitative "Gas & Oil" propose un stage visant à développer et à étudier un modèle paramétrique de type HJM pour la calibration des corrélations intra sur les marchés du gaz. Ce travail se basera sur une approche historique, tout en prenant en compte les effets de saisonnalité.

La seconde partie du stage portera sur la valorisation des contrats swing, en utilisant les corrélations calibrées. L’objectif sera d’ajuster la calibration de manière à obtenir des prix de swing qui se situent dans la fourchette bid-ask des quotes brokers disponibles.

Rôle:

• Calibration historique du modèle HJM pour fitter les corrélations intra à partir des données historiques des prix des contrats à terme, avec une composante stationnaire en T-t et une composante saisonnière en T (si des effets de saisonnalité sont observés).
• Valorisation des contrats swing en adoptant une méthode de réplication à l’aide de contrats fermes et optionnels ou via un algorithme de type Monte-Carlo Américain.
• Ajustement de la calibration historique pour aligner les prix sur les fourchettes bis-ask des quotes des brokers.
• Etude d’un modèle paramétrique unifié de type HJM qui permettre de représenter tous les paramètres exotiques non observables sur les marchés du gaz.

Compétences techniques:

• Manipulation de données, analyse des séries temporelles, et maîtrise de techniques statistiques avancées (analyse en composantes principales, …).
• Solides compétences en mathématiques appliquées et maîtrise du calcul stochastique.
• Programmation orientée objet (C# ou Python).

Savoir-être:

• Adaptabilité et capacité à évoluer dans un environnement agile
• Curiosité, dynamisme, sérieux et professionnalisme
• Capacité à relever les challenges
• Aptitude à fournir des solutions concrètes avec rigueur, motivation et autonomie
• Esprit d’équipe, communication claire et efficace

Parcours académique et expériences:

• Master 2 en Finance Quantitative

Langues:

• Anglais courant

Si vous répondez à ces exigences, vous êtes le talent que nous recherchons. Ne perdez pas de temps !

Postulez en joignant votre CV actualisé, quel que soit votre sexe.

ENGIE Global Energy Management & Sales s'engage à créer un environnement non sexiste qui libère le potentiel de chacun et offre des opportunités d'emploi égales à tous les individus.

Tous nos postes sont ouverts aux personnes handicapées. Si vous avez besoin d'aménagements raisonnables pour participer au processus de recrutement, veuillez en informer votre recruteur, qui se fera un plaisir de vous aider.

A propos d’ENGIE:

Notre groupe est une référence mondiale en matière d'énergie et de services à faible émission de carbone. Notre raison d'être est d'agir pour accélérer la transition vers un monde neutre en carbone, grâce à une réduction de la consommation d'énergie et à des solutions plus respectueuses de l'environnement, en conciliant performance économique et impact positif sur les personnes et la planète. Nous nous appuyons sur nos activités clés (gaz, électricité, énergies renouvelables, services) pour offrir des solutions compétitives à nos clients. Avec nos 96 000 salariés, nos clients, nos partenaires et nos parties prenantes, nous formons une communauté de bâtisseurs imaginatifs, qui s'engagent chaque jour pour un progrès plus harmonieux. 

Originator – Downstream Carbon

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:

Climate targets are becoming a very important point on the energy transition roadmap of our corporate clients, with many claims being made by 2030.

Role :

Within GEMS, the Carbon Desk, Environmental Market Access and BP Clients aim to develop upstream to downstream capabilities to originate high quality carbon offsets and deliver carbon contribution solutions to our customers. Your main tasks will be :

• Take responsibility for achieving sales revenue targets for Carbon Offsets, developing a transaction pipeline and driving sales closures both on spot and forward contracts
• Leverage on our existing customer portfolio to identify interests on Carbon offsets
• Prospect, qualify and engage new carbon credit sales clients. Drive relationship from initial catch up through to the successful closing of sales, including structuration and negotiation of commercial conditions and contracts
• Answer to RFPs from customers mobilizing the teams needed internally
• Develop and present carbon credit sales proposals to clients
• Collaborate with other teams (Carbon desk, EMA desk) to ensure successful project implementation
• Follow risk and governance framework
• Work collaboratively to refine our product offering and design new products and solutions to answer evolving needs of our customers and prospects
• Analyse client needs, gather market intelligence and identify industry trends
• Contribute to automate and digitalize operations, processes and reporting
• Assist in helping to sell other environmental products when relevant

Hard skills:

• Education: Master degree in Economics, Finance, Business admin or quantitative studies ideally with evidence of a focus on environmental or sustainability issues
• Experience : a minimum of 7 years' experience in sales within the energy, commodities, or financial sectors, ideally targeting large multinational corporations
• Industry knowledge : deep experience in carbon credit sales and understanding of the carbon markets and global carbon reporting standards (GHG protocol, SBTi...)
• Track record: Proven success in meeting and exceeding sales targets and managing key client relationships. Proven B2B sales management skills. Capability to spot new opportunities
• Significant experience in Business development/ structured sales with proven track record of closing deals and maintaining strong relationships with suppliers/clients; Preferably focus on energy/carbon markets
• Strong knowledge of the carbon products and markets (project based carbon standards, technologies and project development processes and global carbon reporting standards (GHG protocol, SBTi...)
• Taste for regulatory matters – and ability to link them to business opportunities
• Strong negotiation skills
• Result-oriented hands-on approach and ability to manage multiple workflows.

Soft skills :

• Communication : excellent communication and interpersonal skills, with the ability to engage with senior stakeholders
• Entrepreneurial ‘can do’ style. Ability to work independently and as part of a team
• Reliable, rigorous and detail-oriented
• Team player, communicate easily and ability to interact/cooperate with a variety of different profiles (traders, analysts, quants, sales, support functions, etc ).
• Passionate about the energy transition & sustainability

Languages :

• Excellent written and oral command of 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. 

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.

Gas Delivery and Operation 3*8 Shift Officer

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 Gas Delivery and Physical business Platform is responsible within GEM for scheduling, dispatching and balancing ENGIE and affiliates gas portfolios round the clock, seven days a week. With the strong expansion of Europe’s spot gas market, new opportunities and challenges have arisen for the department. To extract the highest value from this evolution and in line with the ROAD gas project, Short Term Gas has decided to move towards a fully service-oriented model.

Gas Delivery and Operation participate to Short Term activities together with Asset Management and Delivery Oversights. These two teams manage the delivery of gas and the asset optimization on the European network.

Role:

Gas Delivery and Operation participate to Short Term activities together with Asset Management and Delivery Oversights. These two teams manage the delivery of gas and the asset optimization on the European network.

In your team your main tasks will be the following:

• Conduct of physical operations (balancing, nominations, control & follow-up of matching reports) arising from gas trading activities
• Acquiring and developing an in-depth knowledge and expertise in gas markets operating rules
• Putting in place and updating internal processes and systems to support new businesses and adapt to markets rules changes
• Participate to Short term trading activities and asset optimization (shift trading)
• Work in shift 3*8 (morning, evening and night)

Hard skills:

• Knowledge in gas European business (contracts, balancing, markets)
• Understanding of trading activities

Soft skills:

• Team player with good social skills, quick judgment and the ability to operate in a sometimes stressful environment
• Ability to develop quickly:
  • thorough knowledge of the relevant gas grids contracts and regulatory regimes
  • experience of relevant physical operating rules on gas markets
  • analysis skills to make quick and good decisions to solve operational incidents
• Resilient to stress
• Ability to work alone during night, weekends and holidays

Education and professional background:

Engineering School or University Master’s degree : sciences, economics or comparable studies

First experience in an international energy trading company (Front-office, Operations, Middle-office, Back-office, IT)

•  Junior 3-5 years experience could fit if very solid
• Confirmed >5 years experience

Languages:

• French, English (oral and written)

Travels:

No travels

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.

Compensation & Benefits Specialist

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 from 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 savoirfaire 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 expertise’s: • 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 Comp & Ben Specialist works within the HR department of the Global Energy Management & Sales business unit.

He/she is in charge of Comp and Ben initiatives & projects while ensuring the operational management of the reward processes.

Role :

• Ensure compliance of the BU's C&B practices with the initiatives launched by the Engie Group, the GEM BU strategy and applicable local legislation and regulations.
• Ensure the hands-on management of C&B processes and programs such as annual salary review, deferred compensation, annual salary review, management of deferred compensation, LTI's and employee share ownership, international mobility...
• Ensure participation in annual salary surveys and analyze competitive trends in the markets in order to make recommendations.
• Budgetary control of salary costs and provisions (Bonus pool, standard costs, Expats...) in collaboration with Management Control and the Tax Department (Transfer Pricing).
• Prepare statistical analyses and reports for the various stakeholders compliance department, Compensation Committee, Management Committee, Finance department, head of HR group.
• Contribute to the design of C&B policies and processes as well as their proper communication in order to contribute to their dissemination and understanding among managers & employees.
• Provide advice to HR Partners and Business Leaders on best practices and policies C&B and support the Talent team in the context of complex package offers (International mobility).
• Participate in transversal C&B projects (IT tool for digitization, benchmarks centralization with the other countries, gender pay gap, etc.) and other possible HR missions.

Hard skills :

• Minimum 5 years of experience in an international group
• Rigorous with strong analytical mindset
• Structured and organized
• Experiences in HR controlling or Finance controlling
• Excellent knowledge of Excel and Microsoft pack office
• Fluent in English

Soft skills :

• Rigor & pragmatism: Given the stakes and the amounts at stake, the risks of "breach" with respect to compliance applicable to the banking sector, the margin for error is reduced given the potential impacts
• Resilience to stress & perseverance
• Strong communicator and big team player
• Autonomy, initiative & creativity

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 creating 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 accommodation 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 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.