Market Risk Analyst - Risk Analytics

Engie•Houston, TX

8d•Hybrid

About The Position

Under the supervision of the Head of Market Risk, ENGIE Energy Marketing North America (EEMNA), support the preparation, analysis, and communication of EEMNA’s commodity positions and daily market risk metrics. This role will contribute to daily risk analysis and explainability (e.g., VaR, stress testing, drawdown, Greeks, and key risk drivers) and support the establishment and ongoing execution of reserve governance and monitoring. The position also contributes to structured deal valuation and risk analysis in ETRM, as well as related reporting and process enhancements across EEMNA and Engie North America.

Requirements

Energy commodity trading environments and financial market concepts/theory.
Statistics and probability concepts applied to risk and finance.
VaR methodologies (e.g., historical simulation, parametric, Monte Carlo) and related risk measures.
Working with large datasets and databases; ability to query/analyze data using tools such as SQL, Power BI, Python, VBA, and/or Oracle.
Work effectively as a team member and collaborate with EEMNA/Engie North America stakeholders across departments.
Bachelor’s or Master’s degree in a quantitative, financial, or analytical field.
Minimum three years in the commodity energy industry and/or in the investment banking industry

Nice To Haves

CFA, CAIA, FRM, CQF, or similar professional certification preferred (completed or in progress).
Experience with renewable offtake modeling and/or risk quantification is a plus.
Experience with SQL/Oracle/Power BI/Python is a plus.

Responsibilities

Risk Monitoring & Analytics Monitor and analyze daily market risk metrics, including VaR, stress testing, drawdown, delta/vega, intermittency risk, and other approved measures.
Review, validate, and explain daily risk movements, key drivers, and sensitivities.
Monitor commodity positions versus limits in accordance with approved risk mandates and escalation procedures.
Risk Governance & Reporting Support implementation and ongoing operation of the U.S. market risk and reserve governance framework (monitoring, documentation, and periodic reviews).
Prepare and maintain risk reporting and dashboards for stakeholders, including CRO, EEMNA management, LEMC, and Group Risk.
Support monthly Risk Committee materials and ad-hoc risk analysis as needed.
Structured Products & New Activities Support structured deal valuation and risk analytics in ETRM (e.g., PPAs, BESS revenue swaps), partnering with senior Market Risk, Commercial, and IT teams.
Participate in the New Product Approval (NPA) process by supporting front-to-back risk assessment, data validation, and documentation.
Systems, Data & Transformation Support (Dashboards & Automation) Build and enhance risk dashboards and KPI monitoring to improve the timeliness, accuracy, and explainability of daily risk reporting.
Identify and implement process automation opportunities to reduce manual effort and key-person dependency in risk monitoring and recurring reporting.
Provide analytical support for ETRM enhancements and migration activities, including testing, validation, and post–go-live stabilization.