What are the responsibilities and job description for the Mid-Office, Trading, Advisor position at ENGIE Deutschland?
What You Can Expect
As a Market/Middle-Office Advisor, you will report to ENGIE Energy Marketing North America (EEMNA) Risk Director and you will be responsible for supporting daily MtM (Mark-to-Market) reporting, P&L (Profit & Loss) validation, risk monitoring including stress test for the US B2B Supply business activity. You will ensure consistent and accurate publication of the Daily P&L and compliance with the different risk limits and metrics. You will also consists of managing the book structure across multiple legal entities’ transactions and maintains strict adherence to risk mandates. By estimating and modeling various market inputs, validating forward/settlement curves, and creating data-driven reports, the position is crucial in supporting the overall financial performance and risk management of the Supply business activity. Additionally, you will contribute to improving the Middle-Office and Market Risk processes specific to the Supply business, enhancing reporting capabilities through tools like Power BI.
This role is eligible for our hybrid work policy, working 3 days in the office
Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range: $113,900 – $174,570 USD annually
This represents the average expected pay range for a qualified candidate.
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.
ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace 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 value internal mobility and will offer sponsorship for this role to internal candidates only.
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.
Business Unit: GEMS
Division: GEMS - BP AMERICAS
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Skilled ( >3 experience <15 years)
Education Level: Bachelor's Degree
As a Market/Middle-Office Advisor, you will report to ENGIE Energy Marketing North America (EEMNA) Risk Director and you will be responsible for supporting daily MtM (Mark-to-Market) reporting, P&L (Profit & Loss) validation, risk monitoring including stress test for the US B2B Supply business activity. You will ensure consistent and accurate publication of the Daily P&L and compliance with the different risk limits and metrics. You will also consists of managing the book structure across multiple legal entities’ transactions and maintains strict adherence to risk mandates. By estimating and modeling various market inputs, validating forward/settlement curves, and creating data-driven reports, the position is crucial in supporting the overall financial performance and risk management of the Supply business activity. Additionally, you will contribute to improving the Middle-Office and Market Risk processes specific to the Supply business, enhancing reporting capabilities through tools like Power BI.
- Daily MtM (Mark-to-Market) Reporting and Validation
- Oversee the computation and validation of daily MtM values for all books and products
- Translate the current MtM computation of the Supply load book to the EEMNA ETRM system where wholesale positions are stored, aiming to reduce extensive manual adjustments, and improving auditability and transparency
- Validate daily P&L results and provide clear explanations by KPI to the different portfolio managers, investigate and resolve any discrepancies
- Ensure timely distribution and accuracy of MtM figures to key stakeholders
- Risk & Performance Reporting
- Develop KRIs (wholesale and retail related) and dashboards using tools like Microsoft Power BI to enhance visibility into operational and financial performance
- Enforce risk mandates, monitoring limit usage and escalating breaches when necessary
- Book Structure Management (Multi-Legal Entity)
- Oversee and manage book structures across various legal entities within Supply , ensuring meticulous capture and accurate valuation of all trades
- Collaborate with the Front Office, Back Office, and accounting teams to keep book hierarchies aligned with organizational requirements
- Forward and Settlement Curves Validation (Price Control)
- Validate and benchmark cost curves used by Supply, ensuring consistency with market data
- Oversee exotic and non-market observable parameter inputs swithin the costing model
- Process Automation & Reporting Improvements
- Lead initiatives to automate 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
- Cross-Functional Collaboration
- Partner with Front Office, Credit, and Operational Risk teams to manage exceptions and align valuation methodologies as much as possible with other ENGIE entities
- Work closely with Legal, Finance, and Accounting to maintain compliance with internal policies and external regulations
- Master’s degree in Market finance, Economics, Mathematics, or a related field
- Minimum of 7 years of experience in a Market Risk/Middle-Office environment within the energy or commodities sector (Gas and Power)
- Demonstrated experience in managing MtM reporting, profit and loss analysis, and risk metrics (e.g., V@R, stress testing).
- Past experience with retail electricity providers preferred
- Proficient in ETRM systems (e.g., FIS Aligne, Alegro, etc.) and advanced Excel
- Proficient with Power BI for reporting and data visualization, including SQL, Python
- 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 senior management
- Highly organized, with strong analytical and critical thinking skills
This role is eligible for our hybrid work policy, working 3 days in the office
Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range: $113,900 – $174,570 USD annually
This represents the average expected pay range for a qualified candidate.
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.
ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace 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 value internal mobility and will offer sponsorship for this role to internal candidates only.
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.
Business Unit: GEMS
Division: GEMS - BP AMERICAS
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Skilled ( >3 experience <15 years)
Education Level: Bachelor's Degree
Salary : $113,900 - $174,570
