Advisor - Market Risk & Analytics

ENGIE•Houston, TX

55d•Hybrid

About The Position

ENGIE Supply and Energy Management Global Business Unit is responsible for all trading and risk management activities for a portfolio of electricity, natural gas, environmental products, and bulk commodities for the various ENGIE BUs and external customers in both, domestic and international markets The Market Risk team within Supply & Energy Management Risk & Finance is responsible for the measurement, control, and reporting of all market-based activities as well as the strategic management of risk capital across these activities, notably the trading & portfolio management activities of Supply & Energy Management, the B2B Retail Supply organization and the Renewable Assets owned by ENGIE North America. As an integral member of the Supply & Energy Management Risk & Finance Group, you will work with Supply & Energy Management Front Office and Risk teams and other stakeholders to provide analytical, market intelligence and strategy support focused on evaluating various risk management strategies and optimizing Profit & Loss (P&L) within the risk mandates. As a Market Risk Advisor in Houston, You will report to the Portfolio Analysis Director and you will work with Commercial and Risk teams to provide analytical, market insight and strategy support focused on evaluating various risk management strategies and optimizing Profit & Loss (P&L) within the risk mandates.

Requirements

A minimum of four-year degree in which you completed courses in an analytical and quantitative (e.g., Engineering, Finance, Economics, Math) or other related discipline
A minimum of seven years of general business experience with minimum three years of relevant experience in Competitive Energy Markets, preferably dealing with Renewable assets including BESS and/or Retail Supply books
Advanced modeling capabilities using Excel+VBA, SQL, Python, R, or any other data analysis tool
Hands-on experience handling large datasets with ability to structure, organize, process, and cogently present analysis to leadership.
Knowledge of financial derivatives and commodity markets (gas, power, and environmental products)
Resourceful with ability to use a variety of tools, data sources, and systems; inherent curiosity to procure and test new resources
Experience in the structure, transactions, and protocols of wholesale and retail energy markets ideally under a variety of regulatory systems
Knowledge of a portfolio approach to valuation, where assets sit within an integrated value chain
Analytical profile, ability to provide precise and solid insights, identify causes and conditions, structure action plans, and propose and defend those to the leadership
A focus on deadline-driven project management skills for cross organizational coordination
Ability to manage multiple competing priorities on a timely basis with a high degree of accuracy and limited oversight
Team player comfortable operating in matrixed structure and managing stakeholder expectations
Excellent communication and presentation skills with ability to develop cogent reasoning to defend analyses and perspectives
Ability to communicate effectively, both written and verbally
Ability to handle multiple assignments on a timely basis with a high degree of accuracy
Must be willing and able to comply with all ENGIE ethics and safety policies

Responsibilities

Propose, evaluate, and validate commercial strategies that manage the value / risk balance of the various retail supply / renewable energy portfolios (power, gas, Battery Energy Storage System (BESS)) managed by Supply & Energy Management and other GBUs (Global Business Units) individually and collectively (e.g. reducing basis risk, managing intermittency, etc.) Perform periodic and ad-hoc analysis
Identify and develop appropriate cost/risk bricks to value PPAs and support investment analysis
Work with Commercial and Risk Teams to develop models for valuing complex structured transactions and perform post-processing modeling and analysis using Excel and other computing platforms
Research and analyze subjects including historical and forward market prices, market fundamentals, customer load analysis, financial forecast variances and advise internal stakeholders in terms of general structuring advice as well as optimization of returns throughout the transaction process
Develop, enhance and maintain tools, methodologies and reports that evaluate pricing and risk assessment of various commercial transactions
Use benchmarking data to support valuation and competitive assessments, and create a benchmarking process to evaluate actions undertaken by front-office
Build, maintain and publish internal models for tracking and evaluating asset-specific performance metrics
Identify and recommend risk reducing offsets and efficiencies in avoided bid-ask spreads and credit across the ENGIE portfolio
Perform economic analyses of structured transactions (EVA) to support Origination & Structuring activities of Supply & Energy Management front-office and other business units
Collaborate and participate in knowledge sharing with various stakeholders and Expertise Centers (e.g. Risk, MAS - Markets, Assets & Supply); support Commercial, Origination and Business Development activities, offering views on ISO's market fundamentals (Electric Reliability Council of Texas (ERCOT), Pennsylvania New Jersey Maryland Interconnection (PJM), Southwest Power Pool (SPP), Midcontinent Independent System Operator (MISO), New York Independent System Operator (NYISO), ISO New England (ISO-NE)), Renewable Energy development and Power Purchase Agreement (PPA) pricing opportunities, price vs. renewable production dynamics, etc.
Track, collect and synthesize actionable market intelligence. Assess impact of regulatory developments on commodity risk positions and provide feedback back to the front office.
Carry out other duties as assigned

Benefits

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

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