Job Title: Quantitative Analyst – Options Trading Desk

Connecting ENGIE's Mission to Your Purpose

At ENGIE, we are committed to leading the world toward a carbon-neutral future. We harness the power of innovative energy solutions to drive sustainable growth and accelerate decarbonization. As a Quantitative Analyst within our Options Trading Desk, you will play a key role in delivering solutions that empower our clients in their transition to cleaner, more sustainable energy sources. Join us and make a meaningful impact on the future of energy.

We Want You

As a Quantitative Analyst, you will be fully integrated into our Options Trading Desk (which is part of ENGIE Global Energy Management & Sales business unit). Your main duties will include:

- Developing and implementing quantitative models to support trading strategies.

- Collaborating with the trading team to understand their needs and provide quantitative insights.

- Enhancing existing pricing frameworks and developing new pricing tools.

- Creating strategies for risk management and cross-hedging.

- Promoting best coding practices and ensuring compliance with our standards.

Who Are You

You have a strong foundation in Financial Mathematics, with a solid grasp of probabilities, stochastic calculus, and numerical methods. Your expertise in object-oriented programming is complemented by a keen interest in the mathematical models that drive financial markets. You excel at breaking down complex problems and delivering clear, actionable solutions.

You are autonomous, adaptable, and thrive in collaborative environments.

A degree in Computer Science, Applied Mathematics, Statistics, Physics, or Financial Engineering is required. While experience in commodity markets is a plus, it is not mandatory. Proficiency in both French and English, along with strong programming skills in C# and Python, is essential.

Location

This position is based in Paris La Défense. We understand the importance of flexibility, so please discuss your work arrangement preferences during the recruitment process.

What We Offer

At ENGIE, we offer a stimulating work environment where you can engage in diverse missions and enjoy a friendly atmosphere. We value flexibility and work-life balance, ensuring you have the support you need to thrive. You will have the opportunity to work on innovative projects that make a real difference in the world. We are committed to your career growth and provide opportunities for professional development. Our team is dedicated to fostering a culture of learning and innovation.

Why We Care

ENGIE Global Energy Management & Sales is committed to creating a gender-neutral environment that unlocks the potential of everyone. We provide equal employment opportunities for all individuals. All our positions are open to people with disabilities. If you need reasonable accommodations to participate in the recruitment process, please let your recruiter know, and they will be happy to assist you.

At ENGIE, we believe in the power of diversity and inclusion. We are a community of imaginative builders committed to more harmonious progress. We invite you to bring your unique talents and perspectives to our team. Together, let's create a sustainable future.

INTRADAY POWER TRADER

INTRADAY POWER DESK

BUCHAREST

ENGIE Romania

At ENGIE, we want to satisfy our customers’ needs and help them achieve their efficiency targets. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute with your unique skills and experience.

We are currently looking for a person with knowledge of the energy market to join our INTRADAY POWER DESK, as INTRADAY POWER TRADER. In this role, you will design and build new functionalities and processes, improve day to day business experience, and optimize the existing processes.

If you are interested in taking the next step in your career and be part of a great team, join us. You can help us build a better ENGIE. It all begins with outstanding talent. It all begins with you.

What you will do:

Activity Setup / Project Management:

• Data Collection and Model Creation: You will gather sufficient data, make it available, and create associated models to forecast prices and other relevant metrics.
• Analytics: You will develop and deploy necessary analytics (dashboards, etc.) to support the performance of the activity.
• Operations and Communication: You will contribute to the organizational setup of the future team, considering legal aspects, market risks, and other relevant factors. You will liaise with internal stakeholders (Legal, Risk, FinOps, Costing, Green Desk, HQ) for launching the new business line.
• Working Hours: Night shift and weekends required.

Trading / Operations:

• You will execute the Intraday Desk strategies by trading electricity and capacity on specific markets and auction platforms, within internal mandates and risk limits.
• You will participate in research and development of new trading strategies, both proprietary and asset backed for Wind, Solar and Battery Storage.
• You will provide market access for ENGIE Group and/or other third parties.
• You will optimize the balancing costs for ENGIE portfolios, including end users and renewable energy sources, whether they are owned or third-party assets.
• You will cooperate with lateral desks such as PW Trading, ST, Green Desk, and Costing to prioritize and execute the best strategies.
• You will build up the books and ensure accurate booking for the monitored positions.
• You will develop and maintain relationships with a range of counterparties, Transmission System Operators (TSOs), Distribution System Operators (DSOs), and local exchanges.

Desired education, expertise, and skills:

• 1-3 year-experience in running a supply and/or generation portfolio and/or a proprietary book;
• Experience in project management and IT projects deployment;
• Experience in energy markets and trading algorithms/ strategy development: proficient power markets knowledge on Romanian and SEE markets;
• Fluent in English. French and/or Romanian are a plus;
• Strong analytical and quantitative skills: proficiency in data science, data analysis. Python proficiency expected;
• Strong organizational and team leadership abilities;
• Ability to work under pressure and meet tight deadlines;
• Strong communication and interpersonal skills;
• High level of initiative and a proactive approach to problem-solving.

Benefits:

• Private health insurance for you and your family.
• Opportunities for ongoing personal and professional development.
• Meal tickets.
• Work-life balance.
• Annual extended holiday entitlement, depending on length of employment.
• Holiday bonus.

Only candidates selected for interviews will be contacted. .

If you decide to send us your personal information in order to apply for this position, please be aware of our job candidate GDPR Data Privacy Notice: https://www.engie.ro/corporate/wp-content/uploads/2018/09/ER_Nota-de-informare-Candidati.pdf

About ENGIE

ENGIE is active in Romania in three areas: gas, electricity and energy services. The main subsidiary of the Group, ENGIE Romania, supplies natural gas and electricity, distributes natural gas, offers energy related services to all market segments and also produces electricity. ENGIE Romania serves more than 1.9 million customers, operates 21,000 km of networks, owns and operates wind farms with a capacity of 100 MW and employs around 4,000 people.

What You Can Expect

The Director of Processes and Projects will report directly to the Supply & Energy Management (SEM) - US VP of Commercial Operations. You will be responsible for operational process improvement and the implementation and execution of special projects for the ENGIE Energy Marketing North America (SEM-US) organization.

• Work with the VP of Commercial Operations on developing and prioritizing strategic and tactical plans and projects, and executing those projects to support the internal functioning of the Business Unit in  meeting P&L objectives in an ever evolving business across multiple US energy markets
• Identify opportunities for operational improvement initiatives and develop plans to drive organization change to achieve reduced internal friction, improved reliability, efficiency, and error-resistance of current processes
• Collaborate with various departments and senior leadership to align operational excellence initiatives with current and future anticipated business goals and priorities
• Lead a team to work on the project management and change management associated with the execution of strategic projects that will improve operational processes, improve results and ensure preparedness for increased transaction complexity and volume 
• Drive coordination on cross-functional initiatives within the Business Unit
• Utilize data for informed decision making and monitor and assess the effectiveness of operational improvements and identify areas for further optimization
• Facilitate a culture of continuous improvement by coaching and training employees at various levels
• Analyze existing business operational processes and identifying areas for improvement
• Partner with business stakeholders, Digital & Data, and IT teams as appropriate, and translate findings into clear and actionable scope and requirements

What You’ll Bring

• Bachelor’s degree in which you completed courses in relevant field (Engineering, Business, Supply Chain and Operations Management, etc.)
• A minimum of 10 years of relevant experience working in, or a combination of, operations, business transformation, operational improvement, project management, and/or special projects
• Self-starter and creative thinker to be able to address problems and find solutions
• Understanding of business process requirements, data requirements, as well as software and systems associated with power and gas transactions and optimization of physical renewable generation and Battery Energy Storage System (BESS) assets in US markets 
• Solution oriented with the ability to resolve conflicts
• Excellent leadership and communication skills with the ability to influence and engage stakeholders at various levels
• Experience working transversally across different teams (such as Origination, Business Development, Trading, IT, HR, Finance and Accounting, and Legal etc.)
• Strong analytical and problem solving skills
• Ability to work independently
• Ability to drill into details, interpret information methodically, and synthesize information for decision making

Additional Details

• This role is eligible for our hybrid work policy; working minimum 3 days in the office
• Must be willing and able to comply with all ENGIE ethics and safety policies;

Compensation

Salary Range: $131,000 – $200,790 USD annually

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

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

ENGIE complies with all federal, state, and local minimum wage laws.

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

This role includes eligibility for enrollment into ENGIE’s 401(k) retirement plan, providing employees the opportunity to plan for their financial future. ENGIE’s 401(k) offers pre-tax and Roth enrollment with a competitive employer match.

Why ENGIE?

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

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

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

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

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

What You Can Expect

Under the supervision of the ENGIE Energy Marketing North America (EEMNA) Operational Risk Director, the Operational Risk Analyst is responsible for identifying, assessing, and mitigating operational risks associated with trading activities, systems, and processes. You will ensure the organization's operations and profitability are safeguarded by continuously monitoring and adjusting risk controls, investigating incidents, and enforcing risk policies and frameworks

• Risk Identification and Assessment:
  • Identify operational risks associated with trading activities, systems, and processes
  • Assess potential impacts of these risks on the organization’s operations and profitability
• Control Monitoring and Adjustment:
  • Continuously monitor the effectiveness of risk controls and adjust them as needed
• Incident Investigation and Analysis:
  • Investigate operational risk incidents, including system outages, process errors, and compliance breaches
  • Analyze root causes and implement corrective actions to prevent recurrence
• Policy and Framework Development:
  • Create and enforce operational risk policies, procedures, and frameworks tailored to trading environments
  • Ensure adherence to local and international regulatory requirements related to trading activities
• Key Risk Indicators (KRIs):
  • Develop and track KRIs to provide early warning signals of potential operational issues
• Technology Risk Assessment:
  • Assess risks related to trading platforms, market data systems, and other critical technologies
• Business Continuity Planning:
  • Ensure business continuity by developing and testing disaster recovery plans for trading operations.
• Disruption Management:
  • Manage risks related to unexpected disruptions, such as cyberattacks or market shocks

What You’ll Bring

• Bachelor’s degree in which you completed courses in Finance, Economics, Business Administration, or a related field
• A minimum of 2 years of experience in operational risk management
• Proficiency in risk management tools and systems
• Strong analytical skills and experience with data analysis and reporting
• Excellent communication and interpersonal skills
• Strong problem-solving abilities and attention to detail
• Ability to work independently and as part of a team
• Ability to handle multiple projects in a fast-paced environment.
• Adherence to company policies, procedures, and applicable regulatory standards

Additional Details

• This role is eligible for our hybrid work policy; working minimum 3 days in the office
• Must be willing and able to comply with all ENGIE ethics and safety policies;

Compensation

Salary Range: $74,900 – $114,700 USD annually

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

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

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

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

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

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

Why ENGIE?

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

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

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

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

This role is eligible for sponsorship.

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

Short Term Trader

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 Short Term Trader, you will play a pivotal role within the Short Term Trading desk, organized within the Short term Power as a Service.

The mission of Short Term Trading is to maximize  the revenues of  the ENGIE  power portfolio within the CWE region and maximize the value of intraday trading activities in the developing pan-European Intraday markets. As an intraday trader, your key responsibility is to multitask and be able to take decisions on a very short time frame based on a large dataset.

These activities are executed within a sub team of 9 people organized continuous 24/7 and taking up both Trading & optimization activities.

You will interact very closely with the Algorithmic trading development team.

Role:

In the role of Short Term Trader, you will be responsible for: 

• Maximizing the CWE power portfolio revenues in intra-day, including renewable management, sales exposure and asset flexibility
• Leveraging on our market expertise in order to maximize the value of our trading activities.
• You will act as a single window to the intraday Market in order to cover the real time physical needs of our clients and re-optimize the asset portfolio against the intraday power market prices.
• Develop strategies to maximize revenues and minimize the costs for our clients over the different time horizons of the short term chain
• Develop cross-maturity models which can serve the portfolio of assets, intermittency, DSM and develop efficient strategies to capture trading opportunities on those different markets.
• Delivering 3rd party services for external Customers.
• Ensuring correct and timely delivered reporting of portfolio and market activities.
• You work in a 24/7 shift system.

You will report on a regular basis to the Head of Short Term Trading.

Profile:

• You have strong analytical and programming skills: Data analysis, ability to build models
• You have knowledge of the fundamentals in the power markets
• You have quant interest and strong desire to efficiently automatize processes
• You combine both analytical and synthesis skills and you are process-oriented.
• You demonstrate a pragmatic, economic and logical attitude combined with problem solving skills.
• You are able to perform in stressful circumstances with tight deadlines.
• You have an entrepreneurial spirit and show a good sense for opportunities.
• You are willing to work in a rotating system.
• You are a team player with excellent social skills and the ability to operate in a changing environment.

Education and professional background:

• You have a university degree in engineering and/or economics, or equivalent by experience.
• You have a strong interest in Power Trading, proven trading experience is a strong asset.
• You have programming skills like but not limited to  Python, R or VBA
• You are able to work in English, and knowledge of French, Dutch or German are considered as strong assets.

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

Mission:

Short Term Power Optimizer candidate will be part of Assets Optimization and Trading (AOT, one of the local department of Global Energy Management Italy –GEM Italy– ). His/her activity will be learning how to create value around GEM Italian assets.

Based on its perimeter defined by Head of POWER Short Term Optimization & Trading, the candidate will learn:

• The Italian power market players and elements (Power Plants, transmission grid flows)
• Power spot market (Day Ahead; Intraday, Ancillaries markets): understanding and deep learning on the main drivers and fundamentals
• How manage power assets with analysis based on probabilistic models, maximizing results and minimizing risk, through all flexibility offered by the markets
• How assess market strategies of competitors through the development of new analysis tools

Short Term Power Optimizer will directly report to the Short Term Power Optimization & Trading desk Manager. The ideal profile matches with the followings prerequisites:

Degree/Experience:

• Degree in Engineering /Mathematics /Data science;
• Excellent attitude in quantitative analysis and probabilistic model;
• Knowledge of energy markets is a plus;
• Knowledge of trading environment is a strong plus;  

Behavioral:

• Attitude to change, "mobility", "flexibility" is required
• Strong team player; humble and communicative. Interested to others opinion.
• Strongly customer oriented. Respectful of others stakeholders and polite.
• Eager to learn new things; curious and passionate in commodities and financial markets and new developments in the energy sphere;
• Strong analytical skills and ability to apply those skills in a practical fashion.
• Strong work ethic, attention to details and risk awareness.
• An attitude and practice of proactive idea generation and continuous review and improvement of processes.

Language, IT

·Fluent English.

 Proficient knowledge of Excel

• Knowledge of a programming language, preferably python

Location:

Rome (Milan is an option to be discussed)

Type of contract:

Local contract according to Italian labour law.

Data Scientist 

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 areas of expertise:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

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

Context:

The position belongs to the Quantitative Data Analysts team in Belgium (Brussels) specifically dedicated to assist the management of risks for belgian B2C and B2B Energy Suppliers.

As a member of the quantitative analysts community of the Business Platform Downstream, one can also contribute to transversal projects impacting the activity of other commercial BUs.

The main missions associated with the position are :

• Based on data collection and analysis, to build models, tools, processes and data representations, that are used to manage the commodity risks linked to the dynamics of a Supply portfolio
• The purpose of this work is to operate and optimize costing, forecasting, sourcing and hedging strategies, within a defined mandate

The quantitative analyst / data scientist will do the design, but also the development and ensure the delivery of these models and tools. Beyond that, he will also provide scientific expertise for bespoke analysis, related to data or models.

Role:

  The daily responsibilities of the new role will include:

• Contribute to the development of the tools, models, process and portfolio/data representation used for
  • Representation of all commodity exposures and associated risks (evolution of the commercial position, climatic impact on short term consumption forecasts, ...)
  • New commercial offers
  • Customer behavior analysis
• Ensure the run of models and derived operations
• Provide BUs B2C and B2B Belgium with a deep knowledge of its commodity sales portfolios (Natural Gas, Power and Certificates) and optimally structure the portfolio representation
• Use large range of data to ensure correct representation  
• Promote good practice, especially around data and code
• Ensure code quality by following general rules and standards
• Interact with other quantitative analysts/data scientists, to exchange about models, data, business or technical topics beyond the team

Hard skills:

• Must have:
  • Strong scientific background: mathematics (probability/statistics), data science, machine learning, ideally with good command of time series forecasting
  • Strong skills in software (ideally Python) programming and related tools (versioning, etc.)
  • Willingness to embrace data handling and operational analytics
  • Practical thinking, hands-on approach
  • Ability to explain and convey messages about complex issues to non-experts in a simple and pedagogic way
• Good to have:
  • Interest for the Energy markets and Energy-transition topics
  • Knowledge of modern data science platforms and engines such as Databricks and Spark is a plus

Soft skills:

• Must have:
  • Team-player, Transparent, Favor collaboration and working together

• Good to have:
  • Practical thinking

Education and professional background:

• University degree in Engineering, Computer Science, Statistics, Mathematics or Physics
• Ideally 1-2 years of experience in the development of modelling tools, ideally with a good knowledge of electricity & gas markets

Languages:

• Fluent in English

Travels:

• Occasional travels (mostly to CWE countries)

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.