Department: Customer Finance 

Reporting Line: Collections Manager         

Location: Nairobi, Kenya

About ENGIE Energy Access

ENGIE Energy Access is one of the leading Pay-As-You-Go (PAYGo) and mini-grids solutions provider in Africa, with a mission to deliver affordable, reliable, and sustainable energy solutions and life-changing services with exceptional customer experience. The company is a result of the integration of Fenix International, ENGIE Mobisol and ENGIE PowerCorner; and develops innovative, offgrid solar solutions for homes, public services, and businesses, enabling customers and distribution partners access to clean, affordable energy. The PAYGo solar home systems are financed through affordable instalments from $0.19 per day and the minigrids foster economic development by enabling electrical productive use and triggering business opportunities for entrepreneurs in rural communities. With over 1,700 employees, operations in nine countries across Africa (Benin, Côte d’Ivoire, Kenya, Mozambique, Nigeria, Rwanda, Tanzania, Uganda and Zambia), almost 1.5 million customers and over 7 million lives impacted so far, ENGIE Energy Access aims to remain the leading clean energy company, serving millions of customers across Africa by 2025.

www.engie-energyaccess.com

Job Purpose/Mission 

The Loan Recovery Intern is responsible for the receivables risk management (RRM). This includes among others, Portfolio Management and Loan Workouts.

Responsibilities

• Carrying out customer work-out, including the following work-out categories to be applied to customers in late repayment through calling clients who are in early non repayment categories.
• Ensure proper documentation of open loan cases.
• Ensure customers are paying on time in assigned loan portfolio
• Negotiate with non-paying clients and give them solutions to bring them back on track to repayments through rescheduling.
• Recommend and work with external service providers on portfolio management by escalating repossession cases.
• Customer education to customers on impact on loan non-repayments.
• Supporting the analysis of causes for portfolio deteriorations
• Providing regular portfolio, compliance and routine report to the Loan Recovery Team Leader.
• Restructure loan repayment plan from delinquent clients as per policy and procedure

Knowledge and skills 

Experience:

• Experience in customer relationship management 
• Team player 
• Computer literacy, particularly good working knowledge of Microsoft Excel
• Self-starter with a passion for the role and EEA’s mission to plug in the world.

Qualifications:

• Holder of Bachelor’s Degree in Business Administration or any other related field
• 1-year Previous experience in loan recovery preferably in a call center setting.

Language(s): 

• English
• Kiswahili

 Technology:

• Experience in technology required for the role

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!

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.

Exciting Opportunity: UK Settlements Analyst (6 Month Contract) - LONDON

About ENGIE UK 

ENGIE, one of the biggest energy firms in the world, is a global leader in decarbonisation and committed to delivering the energy transition through the alliance of molecules and electrons.  

It’s been a leader in the UK energy market for more than 20 years. Our team of 1,200 colleagues work across the energy value chain, procuring, producing, storing, transporting and distributing energy, while providing decarbonisation solutions for regional authorities, companies and individuals. We’re united by a shared purpose to champion zero carbon energy and positively contribute to the energy transition. 
 

Purpose of the job:  

The Settlements Analyst is responsible for working with colleagues to maintain the Back Office function for EUM’s UK trading activities. This includes the development, maintenance and use of an effective system for settlement, payment, validation, and provision of month end reporting information.  The Settlements Analyst is also expected to contribute to developing and maintaining a reputation for the Back Office as a provider of accurate, efficient and timely information to its internal and external stakeholders, which include Finance teams within ENGIE, counterparty Back Offices, Risk Management teams and Group Reporting. 

The team provides full Back Office services for:  

• commodities (including Power, Gas, Foreign Exchange, Emissions, Renewables/green products such as REGOs and RGGOs) 

• instruments (including Forwards, Futures, Financial Commodity Swaps, Financial FX Swaps) within UK and European Traded Markets.  

• Standard and complex contract structures including GTMA, NBP, EFET, ISDA,  Exchange Rules, imbalances with TSOs and Power Purchase Agreements (PPAs). 

Key Responsibilities:

• Validation and Confirmation of transactions across a wide range of commodity markets and with trading counterparties (internal and external) for all UK trading activities. This includes trades executed on exchanges and Over the Counter (OTC) directly with counterparties under various contract structures. Maintain a system for tracking outstanding confirmations and liaise with counterparties to ensure all outstanding confirmations are received. 
• Invoicing: Accurate preparation and validation of commodity invoices, associated fees (including broker fees, gas shipping and transportation charges) and some ancillary services.   
• Daily cash margining process: agree daily cash margin (also referred to as cash collateral) exposures with trading counterparties. This is a time sensitive process that involves daily payments by set deadlines and being proactive in following up if there are late responses and/or mismatches.  
• Query Resolution: Have a thorough understanding of commodities and contract structures traded to successfully resolve queries from internal and external counterparties. 
• Compliance control: Review deals from a compliance and control point of view and flag up for corrective action (e.g. errors and breaches by traders) 
• Financial Control:  Liaise with colleagues in the wider business to ensure cash settlement occurs and follow up late payments with counterparties where necessary. 
• Internal Control, Best Practise and Audit:  Develop and maintain clear and logical administrative processes with efficient audit trails. Assist with audit queries as and when they arise. Strive to develop the Back Office as an area of “Best Practise”.  
• Financial and Trading Reporting:  Ensure all required information is provided under agreed deadlines to various users including: 
  • Finance teams - for cash forecasting, gross margin reporting and month end reporting 
  • Risk Management- for trading reports 
  • Wider areas of the business for ad-hoc analysis 
• Compliance with Contractual Terms:  Ensure all Back Office processes are carried out in accordance with contractual obligations. 
• Regulatory reporting: support Back Office team with regulatory reporting (REMIT, EMIR etc)  
• Various Ad-Hoc Tasks, including: 
  • provide knowledge and support during Trade System improvement projects. 
  • propose and participate in improving processes and tools (e.g., automate manual tasks, update and improve existing tools etc.) 
• Back up cover for the team – provide cover for the Back Office team when colleagues are out of the office (e.g., holiday/sick leave cover)

Qualifications & Experience:

• At least 2 years’ experience in a Back Office environment within the UK/European energy industry 
• Experience with an ETRM system for the energy industry such as Orchestrade (OT) is a plus 
• Strong knowledge of MS Office (candidates with coding skills will be considered favourably, e.g., VBA, Python, SQL, Power BI, advanced MS Excel etc) 
• Experience in back office process automation and digitalization.  
• Experience in large scale systems projects / or equivalent project work. 
• Awareness of UK VAT rules (not essential but desirable) 

What benefits we offer?

Flexible Working

We understand the importance of work-life balance and recognise that everyone is striving to find the perfect one between work and home life. That's why we offer a hybrid working model that combines the convenience of remote work with the benefits of collaborating in a professional office environment. You'll have the flexibility to work from home part of the time, allowing you to optimise your productivity while enjoying a comfortable work setup.
 

Bonus Programme

We reward your hard work and dedication with a competitive bonus programme that recognises and values your contributions. Your efforts are appreciated and directly reflected in your financial rewards.
 

Life Assurance

We prioritise your peace of mind by offering life assurance coverage. You can feel confident knowing that your loved ones will be protected in the event of the unexpected.
 

Income Protection

Your financial security matters to us. Our income protection benefits ensure that you have a safety net in place, providing a valuable source of income if you're unable to work due to illness or injury.
 

Employer Pension Contribution

We invest in your future by contributing to your pension plan. You can enjoy the confidence and peace of mind that comes with knowing that you're building a solid foundation for your retirement.
 

Healthcare Cash Plan

Your well-being matters to us, which is why we provide a healthcare cash plan. You'll have access to a range of healthcare benefits, including reimbursement for medical expenses, dental and optical care, and more. Take care of yourself and your family's health without financial worries.
 

myENGIE

We offer a range of flexible benefits to employees alongside hundreds of retail and lifestyle discounts through myENGIE.

Diverse Employer

ENGIE’s purpose is to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions, and we know that the most successful businesses are the most sustainable ones. Diversity, equity and inclusion is key to sustainability and success and our goal is to attract, engage and retain the best talent, bringing the best thinking to our business from inside and outside of our industry. Our ambition is to make sure everyone at ENGIE feels valued, respected and included. We know that diverse teams have more creativity, imagination, innovation and problem solving capabilities, so we are committed to tackling inequalities and creating a diverse and inclusive business.

Equal Opportunity

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes only. This helps us understand our audience so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.

Exciting Opportunity: Pricing Analyst (LEEDS)

About Engie: 

ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality.

About the Role: 

• To achieve an acceptable, managed and mitigated level of exposure within the business to costs and risks associated with commodity and third-party levies/charges.
• To ensure that we offer a competitive and compliant offer to the customer, whilst adhering to internal controls and policies.
• To ensure that we mitigate our exposure to the cost risks associated with pricing a broad range of energy products.
• To ensure the pricing and quoting systems are tested, maintained and updated as necessary.
• To provide appropriate level of query management and support to the wider business in respect of Pricing activity for our catalogue of products as well as new propositions for both gas and electricity (import and export)

Key responsibilities:

Requirements:

• Able to demonstrate a practical approach to problem solving, especially the use of creativity to resolve novel problems to the business’s advantage.
• Knowledge of Retail products, UK B2B and commodity markets.
• Microsoft Office proficient, Microsoft Excel Advanced User, VBA and Access desirable.
• Proven ability to present information effectively.
• Sound knowledge of elements that contribute to final delivered prices and cost items incurred by business in course of gas and electricity supply.
• Demonstrated ability to succeed in a complex environment.
• Experience of retail pricing techniques and systems would be highly advantageous.
• Experience in methodology documentation and process management and implementation.
• Proven ability to undertake analysis of complex numerical problems.

Qualifications:

• Degree level (or equivalent) in a relevant discipline

What benefits we offer?

Flexible Working

We understand the importance of work-life balance and recognise that everyone is striving to find the perfect one between work and home life. That's why we offer a hybrid working model that combines the convenience of remote work with the benefits of collaborating in a professional office environment. You'll have the flexibility to work from home part of the time, allowing you to optimise your productivity while enjoying a comfortable work setup.
 

Bonus Programme

We reward your hard work and dedication with a competitive bonus programme that recognises and values your contributions. Your efforts are appreciated and directly reflected in your financial rewards.
 

Life Assurance

We prioritise your peace of mind by offering life assurance coverage. You can feel confident knowing that your loved ones will be protected in the event of the unexpected.
 

Income Protection

Your financial security matters to us. Our income protection benefits ensure that you have a safety net in place, providing a valuable source of income if you're unable to work due to illness or injury.
 

Employer Pension Contribution

We invest in your future by contributing to your pension plan. You can enjoy the confidence and peace of mind that comes with knowing that you're building a solid foundation for your retirement.
 

Healthcare Cash Plan

Your well-being matters to us, which is why we provide a healthcare cash plan. You'll have access to a range of healthcare benefits, including reimbursement for medical expenses, dental and optical care, and more. Take care of yourself and your family's health without financial worries.
 

myENGIE

We offer a range of flexible benefits to employees alongside hundreds of retail and lifestyle discounts through myENGIE.

Diverse Employer

ENGIE’s purpose is to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions, and we know that the most successful businesses are the most sustainable ones. Diversity, equity and inclusion is key to sustainability and success and our goal is to attract, engage and retain the best talent, bringing the best thinking to our business from inside and outside of our industry. Our ambition is to make sure everyone at ENGIE feels valued, respected and included. We know that diverse teams have more creativity, imagination, innovation and problem solving capabilities, so we are committed to tackling inequalities and creating a diverse and inclusive business.

Equal Opportunity

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes only. This helps us understand our audience so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.

Exciting Opportunity: Shift Trader (LONDON)

About Engie

ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality.

About the Role 

Based in London, the GEMS UK team provides trading services for several internal and external clients in the UK. We provide a range of optimisation, hedging, market operations and analytics services for these clients and the 24/7 shift trading team play a vital role in delivering these services.  

The shift trading team is seeking motivated individuals with specific proven capability and knowledge of the trading and operational landscape in GB Energy markets (or any other energy market where you have practical experience) gained in any of the following areas:  

• Short term power and/or gas operations; 
• Short term power and/or gas optimisation; 
• System and/or market analysis;  
• Regulatory analysis and development; 
• Power/Gas system management; or, 
• Power station control room operations. 

Numerate, commercially-driven and educated to degree level, the successful candidate will exhibit the following skills: 

• Demonstrated numerate capability; 
• Clear written and verbal communication, fluent in English; 
• Ability and confidence to take ownership of issues, managing to resolution; and, 
• Decisive in the face of incomplete information. 
• Candidates that additionally hold proven coding skills will be considered favourably. 

The shift trader will: 

• Optimise assets and positions in short term markets. We currently have a range of assets in our management including Pumped Storage, CCGT, Solar and Wind, Battery Storage and Gas Storage; 
• Identify and drive implementation of value adding strategies in short term;  
• Interface with clients, control rooms and other key internal and external stakeholders regularly; 
• Be flexible, working as part of a 24/7 shift team; 
• Accurately undertake operational tasks and procedures; 
• Pursue continuous improvement of processes and systems; and 
• Work in line with regulatory (particularly REMIT, TCLC and IOLC) and general policy requirements.  

The shift trading team is a core part of GEMS UK’s ambitious growth plans and the successful candidate will certainly gain a significant amount of experience and exposure in managing a wide variety of assets and commercial processes and positions. In particular, the role will provide the successful candidate with the unique opportunity to become involved with the optimisation of the UK’s largest pumped hydro facility, First Hydro.  

This is a permanent position reporting to the Shift Team Manager. On offer is a full time and permanent role which includes a competitive salary, benefits package, great work life balance (currently allow flexible home working for certain shifts although it should be noted that attendance in the London office is required for designated shifts) and dedicated training. 

What benefits we offer?

Flexible Working

We understand the importance of work-life balance and recognise that everyone is striving to find the perfect one between work and home life. That's why we offer a hybrid working model that combines the convenience of remote work with the benefits of collaborating in a professional office environment. You'll have the flexibility to work from home part of the time, allowing you to optimise your productivity while enjoying a comfortable work setup.
 

Bonus Programme

We reward your hard work and dedication with a competitive bonus programme that recognises and values your contributions. Your efforts are appreciated and directly reflected in your financial rewards.
 

Life Assurance

We prioritise your peace of mind by offering life assurance coverage. You can feel confident knowing that your loved ones will be protected in the event of the unexpected.
 

Income Protection

Your financial security matters to us. Our income protection benefits ensure that you have a safety net in place, providing a valuable source of income if you're unable to work due to illness or injury.
 

Employer Pension Contribution

We invest in your future by contributing to your pension plan. You can enjoy the confidence and peace of mind that comes with knowing that you're building a solid foundation for your retirement.
 

Healthcare Cash Plan

Your well-being matters to us, which is why we provide a healthcare cash plan. You'll have access to a range of healthcare benefits, including reimbursement for medical expenses, dental and optical care, and more. Take care of yourself and your family's health without financial worries.
 

myENGIE

We offer a range of flexible benefits to employees alongside hundreds of retail and lifestyle discounts through myENGIE.

Diverse Employer

ENGIE’s purpose is to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions, and we know that the most successful businesses are the most sustainable ones. Diversity, equity and inclusion is key to sustainability and success and our goal is to attract, engage and retain the best talent, bringing the best thinking to our business from inside and outside of our industry. Our ambition is to make sure everyone at ENGIE feels valued, respected and included. We know that diverse teams have more creativity, imagination, innovation and problem solving capabilities, so we are committed to tackling inequalities and creating a diverse and inclusive business.

Equal Opportunity

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes only. This helps us understand our audience so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.

• Power the future, together with ENGIE!
• Join ENGIE Global Energy Management and Sales
• Hybrid & located at our Freshwater Place offices in Southbank

ENGIE is a global energy player with over 97,000 employees across more than 30 countries. All of our teams’ efforts are unified in support of the transition to a carbon-neutral economy, by providing innovative energy solutions to households, businesses and communities.

Our global ambition, as a pioneer of the renewable energy transition, is to champion carbon-neutral energies and achieve an affordable, reliable net-zero energy system by 2045.

Zero.

You may think it’s nothing, but to us at ENGIE… zero is everything!

The opportunity:

The Global Energy Management & Sales (GEMS) business unit is the fully integrated trading arm of the ENGIE Group. GEMS teams manage ENGIE’s highly diversified energy portfolio and provide a range of trading risk management solutions to all types of market participants in Europe, Asia Pacific and in the Americas.

You will be joining the leadership team of GEMS ANZ in a role reporting to the Head of GEMS ANZ

The position leads the GEMS Assets Representation and Portfolio Optimisation team & the core purpose of your team is to:

• ensure a complete and consistent representation of the ENGIE ANZ upstream (thermal, renewables, BESS assets) and downstream (Retail and C&I clients) portfolio
• propose hedging strategies in line with each BU risk appetite which maximise value for the BUs and systematically seek portfolio synergies ; this covers a three to five years horizon (liquid window)
• Advise and lead the execution of the hedging strategies, monitor the performance of these strategies, as well as the financial performance of each book and the whole of the portfolio

Some of your responsibilities will include:

• Define a roadmap for the target representation and hedging strategies of the risks across ENGIE’s portfolio, allowing to fully implement ENGIE’s integrated model in Australia
• Build and develop an effective team of highly skilled and enthusiastic Portfolio Optimisers
• Ensure that the upstream and downstream assets expected revenue, production/consumption, and associated risks are modelled appropriately and consistently; drive the Analytics team to improve the models and the IT teams to industrialise.
• Validate PL and Risks of the assets books
• Work with the Origination and Trading teams within GEMS to develop hedging strategies, in order to maximise the revenues of the GBUs in line with their risk appetite. These strategies need to seek portfolio synergies ; they are submitted to the GBUs for approval
• Work with C&I Supply and Trading teams to optimise hedging and pricing strategies for the C&I customer portfolio 

About you:

• Excellent stakeholder management skills
• Experience in leadership
• High level of quantitative analysis and financial engineering skills
• A high-degree of numerical and computer literacy are essential including expertise in forecasting tool development, linear optimisation and Monte-Carlo simulation techniques
• Experience in Asset Risk Representation, Hedging or Trading
• Experience in a matrixed organisation which involves complex stakeholder management

Next Steps:
If this sounds like the role for you, we welcome your application.

All applicants must have unlimited rights to work in Australia.

Please note we consider applications on an ongoing basis and therefore encourage you to apply at your earliest opportunity.

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

About ENGIE UK

ENGIE is a global leader in low-carbon energy and services. We’re committed to accelerating the transition to a net-zero world, by empowering businesses and communities with innovative energy solutions. As part of our Energy Management team, you will play a key role in shaping the future of sustainable energy.

Global Energy Management & Sales (“GEMS”) is one of the global business units of ENGIE.  Its mission is to ensure the competitiveness of the group’s Business Units (“BU”) and develop its own franchise trough a comprehensive range of services related to Trading and energy management.

Purpose of the job

The Settlements Analyst is responsible for working with colleagues to maintain the Back Office function for EUM’s UK trading activities. This includes the development, maintenance and use of an effective system for settlement, payment, validation, and provision of month end reporting information.  The Settlements Analyst is also expected to contribute to developing and maintaining a reputation for the Back Office as a provider of accurate, efficient and timely information to its internal and external stakeholders, which include Finance teams within ENGIE, counterparty Back Offices, Risk Management teams and Group Reporting

About the role

This role is part of the Back Office team within FINOPS, working alongside a team of six. We are looking to hire a Settlement Analyst for our London office. This is a permanent, hybrid position, working 37 hours per week, with two days spent in the office

Key Responsibilities:

• Validation and Confirmation of transactions across a wide range of commodity markets and with trading counterparties (internal and external) for all UK trading activities. This includes trades executed on exchanges and Over the Counter (OTC) directly with counterparties under various contract structures. Maintain a system for tracking outstanding confirmations and liaise with counterparties to ensure all outstanding confirmations are received.
• Invoicing: Accurate preparation and validation of commodity invoices, associated fees (including broker fees, gas shipping and transportation charges) and some ancillary services. 
• Daily cash margining process: agree daily cash margin (also referred to as cash collateral) exposures with trading counterparties. This is a time sensitive process that involves daily payments by set deadlines and being proactive in following up if there are late responses and/or mismatches.
• Query Resolution: Have a thorough understanding of commodities and contract structures traded to successfully resolve queries from internal and external counterparties.
• Compliance control: Review deals from a compliance and control point of view and flag up for corrective action (e.g. errors and breaches by traders)
• Financial Control:  Liaise with colleagues in the wider business to ensure cash settlement occurs and follow up late payments with counterparties where necessary.
• Internal Control, Best Practise and Audit:  Develop and maintain clear and logical administrative processes with efficient audit trails. Assist with audit queries as and when they arise. Strive to develop the Back Office as an area of “Best Practise”.
• Financial and Trading Reporting:  Ensure all required information is provided under agreed deadlines to various users including:
  • Finance teams - for cash forecasting, gross margin reporting and month end reporting
  • Risk Management- for trading reports
  • Wider areas of the business for ad-hoc analysis
• Compliance with Contractual Terms:  Ensure all Back Office processes are carried out in accordance with contractual obligations.
• Regulatory reporting: support Back Office team with regulatory reporting (REMIT, EMIR etc)
• Various Ad-Hoc Tasks, including:
  • provide knowledge and support during Trade System improvement projects.
  • propose and participate in improving processes and tools (e.g., automate manual tasks, update and improve existing tools etc.)
• Back up cover for the team – provide cover for the Back Office team when colleagues are out of the office (e.g., holiday/sick leave cover)

Qualifications & Skills:

• Experience working  in a Back Office environment within the UK/European energy industry
• Experience with an ETRM system for the energy industry such as Orchestrade (OT) is desirable
• Strong knowledge of MS Office (candidates with coding skills will be considered favourably, e.g., VBA, Python, SQL, Power BI, advanced MS Excel etc)
• Experience in back office process automation and digitalisation.
• Experience in large scale systems projects / or equivalent project work.
• Awareness of UK VAT rules (not essential but desirable)
• Focus on automation and eliminating manual/inefficient processes.
• Demonstrated ability to work effectively in a small team environment

Why ENGIE UK?

• Opportunity to make a significant impact on the future of energy supply.
• Collaborative and innovative work environment.
• Hybrid Working
• Bonus Programme
• Healthcare Cash Plan
• Employer Pension Contribution
• Healthcare Cash Plan
• myENGIE Benefits
• Commitment to professional development and growth.

 Ready to make a difference?
If you’re a proactive, analytical professional with a passion for the energy sector, apply today to join ENGIE’s GEMS team and be a part of our journey towards a greener future.