Quantitative analyst

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 Expertise Center (EC) Quantitative Research and Modeling (QRM) within GEMS is a team of around 40 quantitative analysts. It’s mission is to provide advanced quantitative expertise to all Business Platforms (BP) of GEMS.

The quantitative analyst will be part of the “Power & Emissions” quant team (approximately 10 people) and will be supporting the different local business platforms, with a focus on the US Business Platform located in Houston.

Role:

The quantitative analyst should design and provide robust quantitative tools that have a concrete impact on the power business:

• Work very closely with the BP US, mainly with the Renewable and Batteries Trading teams. He / She needs to understand their business needs, and needs to provide them with high-quality quantitative support in their day to day activities.
• Participate in enhancing the existing pricing and managing framework.
• Deliver ad hoc tactical solutions as well as develop new pricers in the official pricing library.
• Play a key role for developing new products, linked for example to the renewable and battery business (pricing, managing strategies, various risk indicators, …).
• Promote best coding practices that comply with general rules and standards.
• Document and share knowledge across GEMS on the different models used within GEMS.

Hard skills:

• Must have:
  • Strong Financial Mathematical background (probability, stochastic calculus, various numerical methods such as Monte Carlo, finite differences, …)
  • Experience on different optimization methods
  • Strong coding experience (preferably C# and python), object oriented programming skills
  • Experience in a trading environment
  • Familiar with Git

• Good to have:
  • Experience on the power markets

Soft skills:

• Must have:
  • Practical and conceptual thinking
  • Ability to explain and convey messages about complex issues
  • Ability to deliver concrete solutions
  • Autonomy
  • Working together

Education and professional background:

• Engineering or university degree (Master of PhD) in Computer Sciences, Applied Mathematics, Statistics, Physics, Financial Engineering.
• 3 to 15 years of experience in a similar role.

Languages:

• English

Travels:

Regular travels to the US (Houston) are needed

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.

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 Role

You'll be responsible for identifying and cultivating new business opportunities, structuring, negotiating, and executing intricate transactions, as well as managing client relationships within the Australian Gas Market.

Additionally, you will oversee the internal portfolio in accordance with established hedging strategies. Your contributions will be vital in further advancing GEMS' external Gas franchise, propelling our growth strategy, and strengthening our market presence.

About you

• Tertiary Qualification in Economics, Legal, Finance, or a related field
• Experience trading or dealing in energy market, including knowledge of Australian Gas market transaction structures, regulations, and market participants 
• Prior experience or exposure to complex negotiations and the end-to-end process to execution
• Articulate, with high commercial awareness and exceptional consultative skills
• Ability to work cross-functional in a complex matrix organisation, developing strong internal networks to deliver strategic results

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.

What You Can Expect

The Senior Power Trader  is responsible for risk management and trade within the Northeast power markets for ENGIE Energy Marketing, North America  (EEMNA). The position is responsible for managing loads and resources and identifying and executing trading opportunities in the term markets. In this role, you will support physical assets, loads, and other transaction types and have the flexibility and willingness to cover all markets within provided jurisdictions to be successful in the role. This position sits in Houston, TX reporting to Senior Trader

What You’ll Bring

• You hold a Bachelors or  Master’s degree in Finance, Economics, Mathematics, Engineering (Electrical, Mechanical, or Energy Systems) Business Administration or we will accept nine (9) years of work experience
• A minimum of five (5) years of Power trading experience in which you have gained an understanding of business, energy markets, risk management, and trading strategies
• You are a disciplined risk taker with a strategic approach to trading.
• You have strong analytical skills, enabling you to make data-driven decisions
• You are knowledgeable in Northeast gas and power markets, with a deep understanding of market dynamics
• You have a strong working knowledge of the fundamentals of the Northeast transmission grid
• You are a clear and effective communicator, willing to engage in dialogue and debate with colleagues
• You are proficient in Excel, VBA, and Python, leveraging these tools for analysis and decision-making

Additional Details

• This role is eligible for our hybrid work policy working three (3) days in-office and two (2) days remote
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $131,000 – $190,000 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  

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.

We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.

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 een 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:

Vous intégrerez l’équipe de recherche et de modélisation quantitative (QRM) qui s’occupe de valoriser et modéliser les risques des produits financiers présents dans le portefeuille de GEMS. Ces produits peuvent être des produits financiers ou physiques comme des actifs de production d’ENGIE. L’équipe QRM est divisée en plusieurs sous équipes dont une spécialisée sur le marché de l’électricité (QRM Power). Elle est constituée d’environ une douzaine de personnes qui travaillent quotidiennement avec les traders, structurers, vendeurs et IT.

Elle fournit différentes librairies écrites en Python ou C# qui sont utilisées pour

• Créer des prototypes utilisés pour l’analyse des positions, pour le pricing de nouveaux deals et pour le monitoring du marché.
• Calculer le PnL et analyser les risques des portefeuilles d’Engie grâce à des modèles stochastiques implémentés dans ces librairies.

L’équipe d’analystes offre aussi une capacité d’analyse technique pour aider le Trading à mieux appréhender les problèmes divers qu’il peut rencontrer dans son activité quotidienne.

Role:

Au sein de l’équipe QRM Power vous serez chargé :

• interagir régulièrement avec les traders pour mieux comprendre leurs besoins business et leur fournir un support quantitatif adapté dans le cadre de leurs activités quotidiennes, définir leurs besoins en termes de modèles et les traduire en développements concrets.
• interagir avec les autres Quants pour échanger sur les modèles, avec pour but de faire émerger de nouvelles idées et tirer parti du partage de connaissances avec les pairs.
• développer dans la librairie de pricing officielle (en C# et python) en suivant les règles générales et normes de codage, afin de produire un code de qualité.
• développer des outils de pricing « ad hoc » et des prototypes utilisés par le Front Office, en s’appuyant dans la mesure du possible sur la librairie de pricing.
• collaborer avec d’autres Quants et équipes de GEMS (IS, Risk Methodo, …).

Plus particulièrement vous serez amené à travailler sur deux sujets :

• Travailler sur le modele en cours de développement qui est un modèle HJM avec une vol stochastique :
  • Calculer les grecques par différentiation automatique en utilisant tensorflow ou jax
  • Implémenter un Monte Carlo pour le modele HJM vol sto avec differentes methoses d’optimisation et de reduction de variance.
  • Ajouter à la version deterministe un markov fonctional adapter au HJM
  • Tester le P&L explain des différents modeles HJM
• Continuer les travaux sur un modele generatif pour déduire des données historiques une nappe de volatilite
• Travailler sur un modele de machine learning: a generative model for arbitrage-free implied volatility surfaces écrit par Milena Vuletić et Rama Cont

Début de la mission : septembre 2025 pour une durée minimale de 12 mois.

Compétences techniques:

• Connaissances approfondies en probabilités, calcul stochastique et analyse numérique.
• bonnes connaissances en finance quantitative et théorie des options seraient un vrai plus.
• Bonnes compétences en programmation orientée objet (C#, Python) pour développer des prototypes et des modèles de façon autonome.
• Esprit d’analyse et de synthèse, rigueur, réactivité, autonomie, bonnes capacités rédactionnelles.

Savoir-être:

• Vous savez vous adapter, vous aimez évoluer dans un environnement agile et en constante évolution.
• Vous êtes curieux(se), très dynamique, sérieux(se) et très professionnel(le).
• Vous n’avez pas peur des challenges.
• Vous êtes un team player!

Parcours académique et experiences:

• BAC+5 en université ou école d’ingénieur avec une spécialité en mathématiques financières.
• Nous recherchons idéalement un profil avec une double compétence en mathématiques appliquées (avec de préférence une spécialisation en finance quantitative) et en programmation orientée objet.

Langues:

• Un bon niveau d’anglais est requis pour le poste

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. 

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…

About Synatom
Synatom, a 100% subsidiary of ENGIE Electrabel, manages the nuclear fuel cycle for Belgian nuclear power plants. This includes procuring uranium and supplying enriched uranium for fuel assembly production.
Synatom is also responsible for establishing and managing Belgium's nuclear dismantling and onsite storage provisions—financial resources set aside to cover the future costs of dismantling nuclear power plants and the onsite storage of nuclear waste. Synatom is amongst the largest institutional investors in Belgium. Assets under management totaled €3.5 billion at the end of 2024 and are projected to grow beyond €7.0 billion by 2030. 
Synatom’s investment portfolio is diversified between public markets (e.g., equity and fixed income) and private markets (i.e., private debt, private equity, infrastructure, and real estate). Assets are invested via external investment managers. ESG considerations are embedded in our investment strategy to ensure long-term sustainability. 
Synatom’s investment team is responsible for preserving and enhancing the real value of the investment portfolio, considering long-term liabilities, and implementing the company’s investment strategy.

Role overview
This is a unique opportunity to join a young and dynamic team where you can grow your responsibilities over time. You will gain expertise across diverse aspects of private markets investing, be in touch with some of the most sophisticated players in the space and play a role in shaping Synatom’s evolving investment processes.
The successful candidate will join the Investment Team to work closely with the Private Markets Investment Manager supporting the analysis, implementation, and monitoring of private markets investment funds (private equity and private debt). While Synatom currently works with an external consultant for manager sourcing and modeling, the role offers the opportunity to take on more responsibility as private markets tasks are increasingly insourced. The candidate will be expected to grow with the position by taking ownership of some investments and processes. 

Key responsibilities
As a Private Markets Investment Analyst, you will : 

• Assist in reviewing and challenging investment opportunities and financial modelling provided by the external consultant.
• Participate in meetings with fund managers to validate investment theses and engage in post-investment monitoring.
• Facilitate the closing of the fund investments by preparing legal documents and coordinating with legal and tax advisors to ensure timely closing of fund commitments. 
• Monitor existing investments, enhance investment tracking tools, and contribute to the further insourcing of the investment process. 
• Monitor and react appropriately to funds’ communications (drawdown/distribution notices, quarterly valuations and reports, funds’ correspondence/requests, etc.) and maintain electronic filing of all relevant documents.
• Process drawdowns/distributions notices and quarterly reports, ensuring data accuracy in internal and external systems.
• Coordinate with the Operations Team to ensure timely payment of drawdowns and receipt of distributions. 
• Prepare presentations and reports for the Investment Committee and Board of Directors.
• Contribute to the integration of private markets investments in a new portfolio management system. 
• Support the investment team on broader investment-related topics or projects, including asset-liability management, strategic asset allocation or selection of key providers. 

Qualification and skills 

• Master’s degree in Business Administration, Economics, Finance, Engineering or Law. CFA, CAIA, or similar certifications or a willingness to pursue one is a plus. 
• At least 2-years of work experience in investment analysis, portfolio management, corporate finance, or consulting. Private markets experience is a plus but not required.
• Interest in private markets and willingness to learn about other sides of an institutional investment process (asset-liability management, public markets, selection of key providers, software implementation, etc.). 
• Analytical mindset with intellectual curiosity and adaptability.
• Proactive, eager to learn, and comfortable challenging the status quo.
• Ability to work independently while contributing to a collaborative team environment.
• Strong organizational skills and attention to detail. 
• Strong interest in investments and financial markets.
• Fluent in English and Dutch or French.
• High ethical standards and respect for governance principles.
  
  Contact: 
  Caroline De Rom - Recruiter - caroline.derom@external.bnl.engie.com
   

What You Can Expect

ENGIE Supply & Energy Management (SEM) is responsible for managing the portfolio of gas, electricity, congestion revenues rights and environmental products for ENGIE, across geographies. More recently, SEM has extended his scope to also manage all the market risks (energy, congestion, Renewable Energy Certificates (RECs), ancillaries) generated by the Renewable and Battery Storage Assets owned by ENGIE North America, which includes wind farms and solar farms – the Renewable Portfolio Management team is precisely the group in charge of these activities.

As a Renewable Portfolio Management Senior Commercial Advisor, you will develop and deploy commercial trading and hedging strategies to maximize the profitability of renewable assets and co-located loads while managing market risks within acceptable risk limits. With a growing internal and external portfolio over 6 GW under management, this position will require strong expertise working with large utility scale assets and provide the attractive growth opportunities to lead a rapidly expanding team.

• Join a team of renewable portfolio managers to manage a growing portfolio of wind and solar assets expected to reach 8GW+ of installed capacity in the coming years
• Develop and execute a strategy for forward hedging of wind and solar assets in conjunction with the other parts of ENGIE North America which warehouse or originate electricity market risks (Battery Storage, Data Centers, Retail, Trading)
• Model long term valuations for the co-location of renewable and battery storage assets with data centers and Power to X sites
• Create optimized trading strategies around co-located sites to mitigate risks and maximize portfolio profitability
• Articulate and execute hedging strategies deploying different instruments according various  risk profiles, including energy hedges, gas hedges, options, Virtuals, Point-to-Point transactions, Firm Transmission Rights, Transmission Congestion Rights, Congestion Revenue Rights (FTR/TCR/CRRs), and Intercontinental Exchange (ICE) financial power transactions
• Build and deploy strategies for Day-Ahead offers for a large portfolio of wind and solar farms
• Develop strategies and execute trades  with our Congestion Trading team to assess congestion risks in the respective Independent System Operators (ISOs)
• Engage ENGIE’s external partners to advance new product business initiatives
• Analyze and discuss the commercial terms of existing and upcoming Power Purchase Agreement (PPAs), identifying the underlying risks, and proposing alternative language and/or risk mitigation strategies
• Analyze and price option strategies designed to reduce tail-end risk exposure to market volatility and inherent asset offtake structures
• Monitor markets trends, regulatory landscape, current risk levels and exposures, and other relevant sources of impacts

What You’ll Bring

• Bachelor’s degree in which you completed courses in a quantitative discipline such as Computer Science, Engineering, Finance, Economics, Mathematics, or any other related disciplines
• A minimum of 10 years of general business experience
• A minimum of 5 years of relevant experience in Competitive Energy Markets
• A minimum of 3 years of power marketing, power trading, asset management, or risk management experience
• Some origination experience in the power market industry
• Some experience of deal structuring and negotiation with counterparties
• Experience in the market structure, transactions, and protocols of Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO), Southwest Power Pool (SPP), Pennsylvania New Jersey Maryland Interconnection (PJM) markets
• Excellent data handling, structuring, organizing, processing, and presenting skills (using Excel and PowerPoint)
• Resourceful, ability to use a variety of tools (price/valuation/database/modeling), data sources, and systems; and inherent curiosity to procure and test new resources
• Solid finance knowledge (i.e., capable of interpreting Income Statement, Cash Flow Statement and Budgets)
• Commercial acumen with a good understanding of business principles, contracts, and relationships, including specific experience negotiating power purchase agreements and/or over the counter trades
• Deadline driven with project management skills for cross-organizational coordination

Additional Details

• This role is eligible for our hybrid work policy 
• Must be willing and able to comply with all ENGIE ethics and safety policies 

Compensation

Salary Range: $188,652 – $330,090.57 CAD 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 prioritize your health and wellness. ENGIE’s comprehensive benefits packages includes employer paid medical, dental, vision, life insurance, health spending account, short-term and long-term disability. We also help you plan for retirement by offering a Registered Retirement Savings Plan with a company match.  We offer generous paid time off including wellbeing days, holidays and leave programs. Our commitment extends to your family’s wellbeing, with supporting emotional and physical health across life stages. Explore your benefits package to discover how we can support you.

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. 

Senior Expert Power Market Analyst

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 Expertise Center Global Market Analysis (GMA) is looking for a Senior Expert Power Market Analyst.

He/She will report to the leader of market analysis for mid term power markets.

The market analyst teams develop consistent market views (gas, power, oil, emissions, weather) to explain market moves and forecast future evolution ; build and run forecasting & simulation models ; propose, enhance and follow trading strategies ; pro-actively seek innovative solutions to improve sales, traders and business developers performance as well as to support senior managers in their decision making process ; provide market analysis reports and services to a defined set of internal and external clients ; provide strategic insights on new businesses linked to energy transition ; represent GEMS in external forum or conferences in relation with energy market knowledge, meteorology or hydrology ; producing economic and financial analysis for origination, negotiation, valuation and management of assets.

Role:

The Senior Expert Power Market Analyst will focus on the development of multi scenario fundamental power price forecast over 5 to 10 years. This project is of high importance for GEMS and Engie to improve asset & portfolio valuation, risk management and investment decision making.

He/she will work closely with the GMA Power Market Analysis teams and the Meteo Analysis team to coordinate the work and build on their expertise. He will also drive the collaboration with Engie Impact Advisory teams who contribute to the project. He/she will contribute to GMA internal fundamental modeling platform.

The senior expert analyst is accountable for the analysis performed by GMA teams for the asset and portfolio valuations. He/she is the point of contact with the NWE Power Cluster, Risk, AIFA and the new S&EM Portfolio entity.

The senior expert analyst will work closely with all market analysis leaders to share transversal activities and competences in the expertise center teams.

He/she will be in close contact with the Regulation teams in charge of defining and defending GEMS/Engie positions for future market design and regulation.

Hard skills:

• Master degree or PhD in relevant area (engineering, mathematics, physics, etc)
• 10 years experience in power market analysis
• People and project management competences (vision, roadmap & priorities, people development, organization, team spirit, collaboration etc)
• In depth knowledge of energy markets
• Strong analytical skills, programming skills (Python), ability to build models and apply data science & machine learning to operational topics
• Experience in investment decision making and strategy, ability to translate market analyses into propositions/Strategies and to communicate them clearly

Soft skills:

• Clear and effective communication both written and verbal
• Ability to explain and convey messages about complex issues and models
• Ability to work in multi-cultural environment
• Team spirit, Reactivity, creativity, initiative, autonomy, ability to cope with tight deadlines

Education and professional background:

• Master degree or PhD in relevant area (engineering, mathematics, physics, etc)
• 10 years experience in power market analysis

Languages:

Fluent in English

Travels:

Regular travels

We offer

• Intellectually challenging job
• Integration within a larger team of experienced market analysts
• Autonomy and possibility to take responsibilities
• Possibility to grow, learn and develop, including some attendance to conference

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.

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.

What You Can Expect

As a Head of Retail Power Portfolio Management, you will grow and lead a group of 20+ individuals in charge of maximizing the profitability of Retail contracts while managing market risks within acceptable risk limits and ensuring optimal netting with ENGIE North America’s asset portfolio.

• Lead a high-performing team of 20+ professionals managing a growing portfolio of Commercial & Industrial (C&I) Retail Power contracts accounting for 40Twh+/year of electricity delivery across 13 US states
• Design and execute a comprehensive hedging strategy for managing market risks linked to ENGIE’s C&I Retail Power activity, taking into account the various optionalities embedded in the portfolio
• Develop and implement processes to ensure costing parameters and methodologies used for pricing new C&I client deals are as accurate, competitive and aligned with market trends
• Collaborate with the Risk and IT teams to advance the development of risk metrics, ensuring accurate representation of contracts and existing hedges within the risk management systems
• Partner with the Portfolio Management group overseeing Renewable and Battery assets to identify synergies, maximize netting opportunities, and enhance the overall profitability of ENGIE North America’s portfolio

What You’ll Bring

• Minimum of Bachelor’s degree in which you completed courses in a quantitative discipline (E.g. Computer Science, Engineering, Finance, Economics or Mathematics etc.)
• Minimum 5 years of trading or portfolio management experience in Competitive energy Markets
• Minimum 15 years in general business experience, with a proven track record of leading high-performing teams in complex, fast-paced environments
• Demonstrated ability to manage multiple competing priorities while maintaining a focus on results and team empowerment
• Exceptional communication skills with the ability to effectively engage with top management, cross-functional teams, and external stakeholders
• Familiarity with regulatory frameworks and market structures impacting C&I Retail Power

Additional Details

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

Compensation

Salary Range: $180,000 – $300,000 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.