Energy Transactions Structurer

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:

As part of its Risk Management & Market Access services, GEMS is developing its capacity to offer tailor-made/structured energy supply and risk management solutions, and reinforcing its xVA trading desk in charge of the management/hedging of credit/liquidity/funding risks.

Role:

Deals structuring role

This is a front office role fully integrated within sales and trading teams and which requires direct interaction with the clients and close collaboration with other internal stakeholders such as Risk, Finance and Legal teams.

As a Structurer your main focus will be to actively contribute to the development and negotiation of complex and bespoke structured transactions (combination of energy sale & purchase, derivatives products and financing solutions) on the Central Western Europe market.

Your key responsibilities within the team will be:

• Create and design with sales/originators and traders innovative structured transactions, alternative solutions and adaptation of existing products in response to clients demand and changing market conditions,
• Proactively cooperate with sales/originators for preparing GEMS’ offer and/or replying to client RFPs (analysis of client exposure, review of the narratives, product and pricing proposal, draft of term sheet and client meetings),
• Structure and execute bespoke transactions:
  • Lead deal structure negotiation with client and review contract documentation in collaboration with legal,
  • Coordinate and work closely with all relevant internal stakeholders during the deal structuration process involving risk teams, support functions (legal, accounting, tax …) and operations,
  • Prepare, present and ensure deal approval through the relevant internal stakeholders and committee(s) in accordance with internal governance,
• Provide advisory and specialized expertise on structured transactions and risk matters for business opportunities in the European power market,
• Support origination in preparing marketing documents, client pitches and attending sectorial conferences,
• Contribute to the development/improvement of risk assessment (e.g., credit risk, performance risk, financing risk, regulatory risk), risk management and pricing methodologies (including CVA and regulatory costs) to better assess risks and make sure that structured transactions are competitive,
• Participate to the development/improvement of contract templates in close collaboration with legal and origination,
• Work closely with middle and back offices in charge of the management of the structured transactions portfolio (management guidelines, covenants monitoring, waivers, …),
• Maintain close collaborative relationships with the other internal partners of Engie.

xVA structuring role

• Support the xVA desk’s daily activities such as the pricing and the management of hedging strategies
• Development of the XVA Desk ecosystem, by building tools/analytics to price, manage and follow positions, using innovative technologies when relevant.
• Participate actively in methodology improvements concerning XVAs: development of new models, parameterizations, quantitative studies.
• Be a reference of excellence and grow others traders and sales people in the understanding of the XVA components and theirs impacts on current as well as new businesses

  Education and professional background:

• 10-15 years of professional experience and proven credentials in structuring and executing transactions in the commodities / energy sector,
• Strong financial experience built in Markets Division and Structure Finance Division of investment banks,
• Good understanding of the risks, their assessment and the mitigation solutions acquired in a credit department,
• Knowledge of the European power and gas market,
• Master degree in quantitative discipline (maths, engineering, finance, etc.).

Hard skills:

• Strong quantitative and analytical skills,
• Commercial mindset with negotiation capabilities,
• Ability to manage a complex stakeholder environment,
• Proficiency with IT Tools, in particular Excel (and VBA), knowledge in Python and experience in database with programming language.

Soft skills:

• Result-oriented and ability to drive tailored deals from start to finish (including client and internal stakeholders)
• Reliable, rigorous and technical into implementing complex transactions,
• Innovative, curious and agile for solving problems and identifying business opportunities,
• Stress resilient and able to operate in a demanding environment and manage deals in parallel,
• Team player with strong interpersonal skills, verbal and written communication skills,
• Ability to interact with diverse professional profiles (clients, traders, quants, originators, support functions, etc.)

Languages:

• French and 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.