Mid-Office, Trading, II_TRMM1H

Engie • Houston, TX

1d • Hybrid

About The Position

Under the supervision of the EEMNA Mid-Office Manager, as the Middle-Office Analyst II, Risk & Finance, you are responsible for supporting daily MtM (Mark-to-Market) reporting, P&L validation, and sign-off monitoring. This role ensures the consistent and accurate publication of daily Risk & Performance Reports, assists in book structure management across multiple legal entities, and maintains strict adherence to trader risk mandates. By estimating and modeling various reserves (credit, liquidity, inception, model, intermittency, shape, volume), validating forward/settlement curves, and creating data-driven reports, this position is crucial in supporting the overall financial performance and risk management of the organization. Additionally, you will contribute to improving Middle-Office processes and enhancing reporting capabilities through tools like Power BI.

Requirements

• Bachelor’s degree completed in finance, Engineering, Mathematics, Economics or a relevant field
• A minimum of 2 years working in a Middle-Office or similar analytical environment within the energy, commodities or a relevant sector
• Demonstrated experience with MtM reporting, P&L analysis, and risk metrics (e.g., VaR, stress testing).
• Proficient in ETRM systems (e.g., FIS Aligne) and advanced Excel
• Knowledge of SQL, Python highly desired
• Familiarity with Power BI for reporting and data visualization.
• Strong understanding of forward curve validation, price control processes, and exotic parameter management (shape factors, scalars)
• Excellent communication skills for effective interaction with Front Office, Back Office, IT, and management
• Highly organized, with strong analytical and problem-solving abilities
• Ability to work well in a team-oriented environment and take initiative on process improvements.
• Ability to work in a fast-paced environment and handle multiple projects concurrently.
• Adherence to company policies, procedures, and applicable regulatory standards.

Nice To Haves

• Knowledge of SQL, Python highly desired

Responsibilities

• Perform the computation and initial validation of daily MtM values for all trading books and products.
• Ensure timely distribution and accuracy of MtM figures to key stakeholders.
• Validate daily P&L results and provide clear explanations by desk, KPI, and book.
• Monitor P&L sign-off, ensuring discrepancies are investigated and escalated as needed.
• Assist in the publication of Daily Risk & Performance Reports, maintaining high data quality and consistency.
• Develop or update KPIs and dashboards using tools like Microsoft Power BI to enhance visibility into operational and financial performance.
• Collaborate with Front Office, Back Office, and Accounting teams to maintain accurate book structures across multiple legal entities.
• Support efforts to keep book hierarchies aligned with organizational requirements.
• Monitor trader risk mandates, ensuring limit usage is tracked and any breaches are promptly reported.
• Contribute to the estimation, modeling, and computation of various reserves, including credit, liquidity, inception, model, intermittency, shape, and volume reserves.
• Validate and benchmark forward and settlement curves, ensuring consistency with market data.
• Assist with overseeing exotic parameters such as hourly shape factors, scalar ratios, and B/A spreads for liquidity reserves.
• Participate in initiatives to automate Middle-Office processes, improving the accuracy and efficiency of data capture and reporting.
• Collaborate with IT to implement and maintain Power BI reports, ensuring user-friendly interfaces and reliable data sources.
• Partner with Front Office, Credit, Market Risk, and Operational Risk teams to manage exceptions and align on valuation methodologies.
• Work closely with Legal, Finance, and Accounting to maintain compliance with internal policies and external regulations.
• Coordinate with internal and external auditors on controls related to MtM, P&L, and reserve calculations.
• Ensure adherence to relevant regulatory requirements, internal policies, and best practices.

Benefits

• 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
• 401(k) Retirement Savings Plan with a company match
• supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level