Portfolio Mgmt Analyst II

ENGIE • Houston, TX

52d • Hybrid

About The Position

As a PM Analyst II, you will play a critical, cross-functional role in supporting Portfolio Managers across all Northeast deregulated power regions (PJM, NEPOOL, NYISO, and MISO). In this position, you will be responsible for assisting with the full range of day-to-day portfolio management activities, providing the analysis, validation, and reporting needed to optimize performance and manage risk in the retail power business. You will validate and submit day-ahead energy schedules, produce and reconcile daily NOP and MtM reports, and aggregate revenue and cost data to measure portfolio gross margin. Working alongside Portfolio Managers, you will help identify risks, recommend hedge strategies, and execute actions to manage price and volume risk exposures. You will also contribute to the development of forward price curves for all COGS components of full-requirements products, ensuring that costing formulas and assumptions are continuously calibrated to maintain competitiveness and support sales goals. In this role, you will coordinate with various functional groups to review and validate customer revenue and ISO settlement data, generating insights into portfolio profitability. You will also collaborate with teams across the organization, including Sales, Business Development, Origination, Structuring, Trading, Operations, Risk Management, Marketing, and Digital to advance Engie Resources' objectives. This role is pivotal in bridging market dynamics with portfolio performance. By ensuring accuracy in reporting, supporting strategic hedging, and contributing to competitive pricing, the PM Analyst II helps drive profitability, manage risk, and strengthen Engie's position in the retail energy market. This position is located in Houston TX and reports to Director of Portfolio Management.

Requirements

• You hold a Bachelor's degree in a quantitative discipline such as Business, Economics, Engineering, Accounting, Mathematics, or Computer Science. In lieu of a degree, a minimum of five (5) years of directly relevant, hands-on experience that provides equivalent knowledge and expertise
• A minimum of two (2) years or more of work-related experience
• You are a problem-solver with strong analytical and statistical skills, able to convey complex technical analysis clearly to diverse audiences, including senior leadership
• You have strong oral and written communication skills, with the ability to work under tight deadlines while maintaining attention to detail
• You have strong proficiency in MS Excel and experience working with large datasets
• You are knowledgeable in energy market fundamentals, including customer usage patterns, pricing methodologies, options, and hedging practices for managing retail power risk
• You have experience with data extraction, transformation, and management using tools such as VBA, SQL, Microsoft Power BI, and Python
• You are organized, logical, and able to apply clear reasoning to support effective planning and decision-making
• Must be willing and able to comply with all ENGIE ethics and safety policies

Responsibilities

• Support portfolio management activities including: validate and submit day-ahead energy schedules, produce and reconcile daily position and mark to market reports, and aggregate revenue and cost data to measure portfolio margin
• Participate in the development and calibration of historical and forward pricing curves for power, natural gas, ancillary services, renewable energy credits and all other cost components of full requirements retail electricity products
• Research complex business problems and identify opportunities to design, develop, and propose actionable solutions in support of costing, portfolio management and margin analysis activities
• Support the development and enhancement of models and system platforms to support costing and portfolio management activities
• Research and produce ad-hoc analysis on market fundamentals, risk exposure, customer load characteristics, various cost components and regulatory issues to enhance competitiveness, optimize risk exposure and improve the profitability of the retail portfolio
• Coordinate with various functional groups to review and validate customer revenue and ISO settlement data to gain insights into portfolio profitability
• Provide insight into the drivers of portfolio value from budget development through final settlement
• Support new product development activities through coordination with various internal functional groups
• Operate as a team member with all employees of ENGIE North America staff

Benefits

• 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
• 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: Entry Level
• Industry: Merchant Wholesalers, Nondurable Goods
• Number of Employees: 5,001-10,000 employees