What You Can Expect

The Senior Power Trader  is responsible for risk management and trade within the Northeast power markets for ENGIE Energy Marketing, North America  (EEMNA). The position is responsible for managing loads and resources and identifying and executing trading opportunities in the term markets. In this role, you will support physical assets, loads, and other transaction types and have the flexibility and willingness to cover all markets within provided jurisdictions to be successful in the role. This position sits in Houston, TX reporting to Senior Trader

What You’ll Bring

• You hold a Bachelors or  Master’s degree in Finance, Economics, Mathematics, Engineering (Electrical, Mechanical, or Energy Systems) Business Administration or we will accept nine (9) years of work experience
• A minimum of five (5) years of Power trading experience in which you have gained an understanding of business, energy markets, risk management, and trading strategies
• You are a disciplined risk taker with a strategic approach to trading.
• You have strong analytical skills, enabling you to make data-driven decisions
• You are knowledgeable in Northeast gas and power markets, with a deep understanding of market dynamics
• You have a strong working knowledge of the fundamentals of the Northeast transmission grid
• You are a clear and effective communicator, willing to engage in dialogue and debate with colleagues
• You are proficient in Excel, VBA, and Python, leveraging these tools for analysis and decision-making

Additional Details

• This role is eligible for our hybrid work policy working three (3) days in-office and two (2) days remote
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $131,000 – $190,000 USD annually

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

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  

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 are unable to sponsor or take over sponsorship of an employment visa for this role at any time.

A propos de GEMS

ENGIE Global Energy Management & Sales (GEMS) fournit des solutions d'approvisionnement en énergie et des services de gestion des risques pour accompagner ses clients dans leur démarche de décarbonisation, tout en optimisant les actifs d'ENGIE et en contribuant à la création de valeur.

ENGIE est une référence mondiale een matière d'énergie et de services bas carbone, avec une activité de gestion de l'énergie de premier plan, pilotée par son entité "Global Energy Management & Sales" qui a construit son savoir-faire en gérant le portefeuille d'actifs important et diversifié du Groupe depuis plus de 20 ans.

3 600 employés dans le monde entier développent nos solutions, à travers plus de 20 plateformes commerciales internationales. Nous couvrons l'ensemble du bouquet énergétique : énergie renouvelable et thermique, gaz naturel et GNL, biomasse, produits environnementaux. Nos experts fournissent des solutions sur mesure basées sur un large éventail de savoir-faire en matière de gestion de l'énergie, en mettant l'accent sur la décarbonisation et la décentralisation.

Nos 190 000 clients couvrent l'ensemble de la chaîne de valeur : producteurs, développeurs d'actifs, acteurs financiers, services publics, distributeurs et industriels. Notre portée mondiale et notre forte présence locale nous permettent d'offrir à ces clients divers des services sur mesure et de répondre aux changements rapides dans les marchés matures ou émergents.

Nos 4 expertises :

- Gestion d'actifs

- Services de transition énergétique

- Approvisionnement en énergie et matières premières

- Gestion des risques et accès au marché

Chez GEMS, nous encourageons les résultats exceptionnels, l'esprit d'équipe, la curiosité et l'innovation tout en préservant l'équilibre entre vie professionnelle et vie privée.

Plus d'informations sur GEMS Hub (https://gems.engie.com) ou LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Contexte:

Vous intégrerez l’équipe de recherche et de modélisation quantitative (QRM) qui s’occupe de valoriser et modéliser les risques des produits financiers présents dans le portefeuille de GEMS. Ces produits peuvent être des produits financiers ou physiques comme des actifs de production d’ENGIE. L’équipe QRM est divisée en plusieurs sous équipes dont une spécialisée sur le marché de l’électricité (QRM Power). Elle est constituée d’environ une douzaine de personnes qui travaillent quotidiennement avec les traders, structurers, vendeurs et IT.

Elle fournit différentes librairies écrites en Python ou C# qui sont utilisées pour

• Créer des prototypes utilisés pour l’analyse des positions, pour le pricing de nouveaux deals et pour le monitoring du marché.
• Calculer le PnL et analyser les risques des portefeuilles d’Engie grâce à des modèles stochastiques implémentés dans ces librairies.

L’équipe d’analystes offre aussi une capacité d’analyse technique pour aider le Trading à mieux appréhender les problèmes divers qu’il peut rencontrer dans son activité quotidienne.

Role:

Au sein de l’équipe QRM Power vous serez chargé :

• interagir régulièrement avec les traders pour mieux comprendre leurs besoins business et leur fournir un support quantitatif adapté dans le cadre de leurs activités quotidiennes, définir leurs besoins en termes de modèles et les traduire en développements concrets.
• interagir avec les autres Quants pour échanger sur les modèles, avec pour but de faire émerger de nouvelles idées et tirer parti du partage de connaissances avec les pairs.
• développer dans la librairie de pricing officielle (en C# et python) en suivant les règles générales et normes de codage, afin de produire un code de qualité.
• développer des outils de pricing « ad hoc » et des prototypes utilisés par le Front Office, en s’appuyant dans la mesure du possible sur la librairie de pricing.
• collaborer avec d’autres Quants et équipes de GEMS (IS, Risk Methodo, …).

Plus particulièrement vous serez amené à travailler sur deux sujets :

• Travailler sur le modele en cours de développement qui est un modèle HJM avec une vol stochastique :
  • Calculer les grecques par différentiation automatique en utilisant tensorflow ou jax
  • Implémenter un Monte Carlo pour le modele HJM vol sto avec differentes methoses d’optimisation et de reduction de variance.
  • Ajouter à la version deterministe un markov fonctional adapter au HJM
  • Tester le P&L explain des différents modeles HJM
• Continuer les travaux sur un modele generatif pour déduire des données historiques une nappe de volatilite
• Travailler sur un modele de machine learning: a generative model for arbitrage-free implied volatility surfaces écrit par Milena Vuletić et Rama Cont

Début de la mission : septembre 2025 pour une durée minimale de 12 mois.

Compétences techniques:

• Connaissances approfondies en probabilités, calcul stochastique et analyse numérique.
• bonnes connaissances en finance quantitative et théorie des options seraient un vrai plus.
• Bonnes compétences en programmation orientée objet (C#, Python) pour développer des prototypes et des modèles de façon autonome.
• Esprit d’analyse et de synthèse, rigueur, réactivité, autonomie, bonnes capacités rédactionnelles.

Savoir-être:

• Vous savez vous adapter, vous aimez évoluer dans un environnement agile et en constante évolution.
• Vous êtes curieux(se), très dynamique, sérieux(se) et très professionnel(le).
• Vous n’avez pas peur des challenges.
• Vous êtes un team player!

Parcours académique et experiences:

• BAC+5 en université ou école d’ingénieur avec une spécialité en mathématiques financières.
• Nous recherchons idéalement un profil avec une double compétence en mathématiques appliquées (avec de préférence une spécialisation en finance quantitative) et en programmation orientée objet.

Langues:

• Un bon niveau d’anglais est requis pour le poste

Si vous répondez à ces exigences, vous êtes le talent que nous recherchons. Ne perdez pas de temps !

Postulez en joignant votre CV actualisé, quel que soit votre sexe.

ENGIE Global Energy Management & Sales s'engage à créer un environnement non sexiste qui libère le potentiel de chacun et offre des opportunités d'emploi égales à tous les individus.

Tous nos postes sont ouverts aux personnes handicapées. Si vous avez besoin d'aménagements raisonnables pour participer au processus de recrutement, veuillez en informer votre recruteur, qui se fera un plaisir de vous aider.

A propos d’ENGIE:

Notre groupe est une référence mondiale en matière d'énergie et de services à faible émission de carbone. Notre raison d'être est d'agir pour accélérer la transition vers un monde neutre en carbone, grâce à une réduction de la consommation d'énergie et à des solutions plus respectueuses de l'environnement, en conciliant performance économique et impact positif sur les personnes et la planète. Nous nous appuyons sur nos activités clés (gaz, électricité, énergies renouvelables, services) pour offrir des solutions compétitives à nos clients. Avec nos 96 000 salariés, nos clients, nos partenaires et nos parties prenantes, nous formons une communauté de bâtisseurs imaginatifs, qui s'engagent chaque jour pour un progrès plus harmonieux. 

About the job

Quantitative Analyst H/F

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,00 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertises:
 

• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
   

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEM Hub ( https://gems.engie.com ) or LinkedIn ( https://www.linkedin.com/company/engie-global-energy-management-solutions ).

Context:

The Expertise Center (EC) Quantitative Research and Modeling (QRM) within GEMS is a team of 30 quantitative analysts. Its mission is to provide advanced quantitative expertise to all Business Platforms (BP) of GEMS.

The quantitative analyst would be part of the “Gas & Oil” quant team (approx. 10 people) but fully dedicated to Gas Supply & Trading (GST) Business Platform (BP). Within this BP, the midstream and upstream gas trading desks are risk managing complex assets in the financial markets, on behalf of internal and external clients.
 

 Role:

The Quantitative Analyst will be focused on the activities of Gas Supply and Trading desks.
The Quantitative Analyst is responsible for developing and maintaining the models that guide our financial and physical trading, portfolio management and risk assessment activities. 

This role is an opportunity to directly apply advanced modelling techniques as part of a highly quantitative team, with extensive experience on derivatives pricing, risk management and trading.

 The team will rely on him/her to be a real value added to the team, as a support on diverse modelling challenges. He/she will contribute to the whole valuation and risk management chain of a derivatives portfolio.

The Quantitative Analyst, will be responsible for the following:

• Generate end to end model development and design from data preparation to the build & implementation, validation and calibration of derivatives pricing models
• Theoretical development of appropriate pricing formulas of each derivative traded
  • Conceptual soundness of the modelling framework
  • Consistency with market practice
  • Proofs and mathematical evidence of formulas
  • Documentation of the methodology
• Implementation of the pricing and risk management engines into an official pricing library
  • Insure the performance of the algorithms used
  • Insure the quality of the code produced
  • Test every new functionality
  • Respect coding conventions and best practices
• Analysis of the portfolios, perform stress tests and relevant risk analysis

• He/She will be in direct contact with Traders, understand their business needs, provide them with quantitative support in their day-to-day activities, define model needs, translate them into development features
• He/She will collaborate with other Quants, to exchange about models, new ideas, in order to leverage on the knowledge from peers

Hard skills:

•  Strong mathematical skills, expert in Quantitative Finance
•  Good understanding of the trading and portfolio management business
•  Proficient object-oriented programming skills (C#, Python) in order to develop autonomously prototypes & models
   

Soft skills:

•  Practical and conceptual thinking
•  Ability to explain complex issues
•  Ability to deliver concrete solutions
•  Conceptual thinking, rigor, motivation, strong commitment, autonomy
•  Working together, communication and adaptability
   

 Education and professional background:

• Engineering or university degree (Master or PhD) in Computer Sciences, Applied Mathematics, Statistics, Physics, Financial Engineering…
• At least 5 years’ experience of working in a trading environment, focusing on advanced model developments
•  Some experience in Commodity Markets would be appreciated

 Languages:

•  Fluent in English
•  Programming language (C#, Python, …), Visual Studio, GIT…

Senior Expert Power Market Analyst

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertises:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

The Expertise Center Global Market Analysis (GMA) is looking for a Senior Expert Power Market Analyst.

He/She will report to the leader of market analysis for mid term power markets.

The market analyst teams develop consistent market views (gas, power, oil, emissions, weather) to explain market moves and forecast future evolution ; build and run forecasting & simulation models ; propose, enhance and follow trading strategies ; pro-actively seek innovative solutions to improve sales, traders and business developers performance as well as to support senior managers in their decision making process ; provide market analysis reports and services to a defined set of internal and external clients ; provide strategic insights on new businesses linked to energy transition ; represent GEMS in external forum or conferences in relation with energy market knowledge, meteorology or hydrology ; producing economic and financial analysis for origination, negotiation, valuation and management of assets.

Role:

The Senior Expert Power Market Analyst will focus on the development of multi scenario fundamental power price forecast over 5 to 10 years. This project is of high importance for GEMS and Engie to improve asset & portfolio valuation, risk management and investment decision making.

He/she will work closely with the GMA Power Market Analysis teams and the Meteo Analysis team to coordinate the work and build on their expertise. He will also drive the collaboration with Engie Impact Advisory teams who contribute to the project. He/she will contribute to GMA internal fundamental modeling platform.

The senior expert analyst is accountable for the analysis performed by GMA teams for the asset and portfolio valuations. He/she is the point of contact with the NWE Power Cluster, Risk, AIFA and the new S&EM Portfolio entity.

The senior expert analyst will work closely with all market analysis leaders to share transversal activities and competences in the expertise center teams.

He/she will be in close contact with the Regulation teams in charge of defining and defending GEMS/Engie positions for future market design and regulation.

Hard skills:

• Master degree or PhD in relevant area (engineering, mathematics, physics, etc)
• 10 years experience in power market analysis
• People and project management competences (vision, roadmap & priorities, people development, organization, team spirit, collaboration etc)
• In depth knowledge of energy markets
• Strong analytical skills, programming skills (Python), ability to build models and apply data science & machine learning to operational topics
• Experience in investment decision making and strategy, ability to translate market analyses into propositions/Strategies and to communicate them clearly

Soft skills:

• Clear and effective communication both written and verbal
• Ability to explain and convey messages about complex issues and models
• Ability to work in multi-cultural environment
• Team spirit, Reactivity, creativity, initiative, autonomy, ability to cope with tight deadlines

Education and professional background:

• Master degree or PhD in relevant area (engineering, mathematics, physics, etc)
• 10 years experience in power market analysis

Languages:

Fluent in English

Travels:

Regular travels

We offer

• Intellectually challenging job
• Integration within a larger team of experienced market analysts
• Autonomy and possibility to take responsibilities
• Possibility to grow, learn and develop, including some attendance to conference

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. 

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

What You Can Expect

As the Head of Retail Power Portfolio Management, you will grow and lead a group of 20+ individuals in charge of maximizing the profitability of Retail contracts while managing market risks within acceptable risk limits and ensuring optimal netting with ENGIE North America’s asset portfolio.

• Lead a high-performing team of 20+ professionals managing a growing portfolio of Commercial & Industrial (C&I) Retail Power contracts accounting for 40Twh+/year of electricity delivery across 13 US states
• Design and execute a comprehensive hedging strategy for managing market risks linked to ENGIE’s C&I Retail Power activity, taking into account the various optionalities embedded in the portfolio
• Develop and implement processes to ensure costing parameters and methodologies used for pricing new C&I client deals are as accurate, competitive and aligned with market trends
• Collaborate with the Risk and IT teams to advance the development of risk metrics, ensuring accurate representation of contracts and existing hedges within the risk management systems
• Partner with the Portfolio Management group overseeing Renewable and Battery assets to identify synergies, maximize netting opportunities, and enhance the overall profitability of ENGIE North America’s portfolio

What You’ll Bring

• Minimum of Bachelor’s degree in which you completed courses in a quantitative discipline (E.g. Computer Science, Engineering, Finance, Economics or Mathematics etc.)
• Minimum 5 years of trading or portfolio management experience in Competitive energy Markets
• Minimum 15 years in general business experience, with a proven track record of leading high-performing teams in complex, fast-paced environments
• Demonstrated ability to manage multiple competing priorities while maintaining a focus on results and team empowerment
• Exceptional communication skills with the ability to effectively engage with top management, cross-functional teams, and external stakeholders
• Familiarity with regulatory frameworks and market structures impacting C&I Retail Power

Additional Details

• This role is eligible for our hybrid work policy; minimum of 3 days working in the office
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $180,000 – $300,000 USD annually

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

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.

This role is eligible for sponsorship.

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. 

Senior Short Term Trader

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 areas of expertise :

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

As Short Term Trader, you will play a pivotal role within the Short Term Trading desk, organized within the Short term Power as a Service.

The mission of Short Term Trading is to maximize  the revenues of  the ENGIE  power portfolio within the CWE region and maximize the value of intraday trading activities in the developing pan-European Intraday markets. As an intraday trader, your key responsibility is to multitask and be able to take decisions on a very short time frame based on a large dataset.

These activities are executed within a sub team of 9 people organized continuous 24/7 and taking up both Trading & optimization activities.

You will interact very closely with the Algorithmic trading development team.

Role:

In the role of Short Term Trader, you will be responsible for: 

• Maximizing the CWE power portfolio revenues in intra-day, including renewable management, sales exposure and asset flexibility
• Leveraging on our market expertise in order to maximize the value of our trading activities.
• You will act as a single window to the intraday Market in order to cover the real time physical needs of our clients and re-optimize the asset portfolio against the intraday power market prices.
• Develop strategies to maximize revenues and minimize the costs for our clients over the different time horizons of the short term chain
• Develop cross-maturity models which can serve the portfolio of assets, intermittency, DSM and develop efficient strategies to capture trading opportunities on those different markets.
• Delivering 3rd party services for external Customers.
• Ensuring correct and timely delivered reporting of portfolio and market activities.
• You work in a 24/7 shift system.

You will report on a regular basis to the Head of Short Term Trading.

Profile:

• You have strong analytical and programming skills: Data analysis, ability to build models
• You have knowledge of the fundamentals in the power markets
• You have quant interest and strong desire to efficiently automatize processes
• You combine both analytical and synthesis skills and you are process-oriented.
• You demonstrate a pragmatic, economic and logical attitude combined with problem solving skills.
• You are able to perform in stressful circumstances with tight deadlines.
• You have an entrepreneurial spirit and show a good sense for opportunities.
• You are willing to work in a rotating system.
• You are a team player with excellent social skills and the ability to operate in a changing environment.

Education and professional background:

• You have a university degree in engineering and/or economics, or equivalent by experience.
• You have a strong interest in Power Trading, proven trading experience is a strong asset.
• You have programming skills like but not limited to  Python, R or VBA
• You are able to work in English, and knowledge of French, Dutch or German are considered as strong assets.

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals.  All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

A propos de GEMS

ENGIE Global Energy Management & Sales (GEMS) fournit des solutions d'approvisionnement en énergie et des services de gestion des risques pour accompagner ses clients dans leur démarche de décarbonisation, tout en optimisant les actifs d'ENGIE et en contribuant à la création de valeur.

ENGIE est une référence mondiale en matière d'énergie et de services bas carbone, avec une activité de gestion de l'énergie de premier plan, pilotée par son entité "Global Energy Management & Sales" qui a construit son savoir-faire en gérant le portefeuille d'actifs important et diversifié du Groupe depuis plus de 20 ans.

3 600 employés dans le monde entier développent nos solutions, à travers plus de 20 plateformes commerciales internationales. Nous couvrons l'ensemble du bouquet énergétique : énergie renouvelable et thermique, gaz naturel et GNL, biomasse, produits environnementaux. Nos experts fournissent des solutions sur mesure basées sur un large éventail de savoir-faire en matière de gestion de l'énergie, en mettant l'accent sur la décarbonisation et la décentralisation.

Nos 190 000 clients couvrent l'ensemble de la chaîne de valeur : producteurs, développeurs d'actifs, acteurs financiers, services publics, distributeurs et industriels. Notre portée mondiale et notre forte présence locale nous permettent d'offrir à ces clients divers des services sur mesure et de répondre aux changements rapides dans les marchés matures ou émergents.

Nos 4 expertises :

- Gestion d'actifs

- Services de transition énergétique

- Approvisionnement en énergie et matières premières

- Gestion des risques et accès au marché

Chez GEMS, nous encourageons les résultats exceptionnels, l'esprit d'équipe, la curiosité et l'innovation tout en préservant l'équilibre entre vie professionnelle et vie privée.

Plus d'informations sur GEMS Hub (https://gems.engie.com) ou LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Contexte:

Le Centre d'Expertise (EC) en Recherche Quantitative et Modélisation (QRM) au sein de GEMS est une équipe de 30 analystes quantitatifs. Sa mission est de fournir une expertise quantitative avancée à toutes les entités business (BP) de GEMS.
Au sein de ce centre, l'équipe quantitative "Gas & Oil" propose un stage visant à développer et à étudier un modèle paramétrique de type HJM pour la calibration des corrélations intra sur les marchés du gaz. Ce travail se basera sur une approche historique, tout en prenant en compte les effets de saisonnalité.

La seconde partie du stage portera sur la valorisation des contrats swing, en utilisant les corrélations calibrées. L’objectif sera d’ajuster la calibration de manière à obtenir des prix de swing qui se situent dans la fourchette bid-ask des quotes brokers disponibles.

Rôle:

• Calibration historique du modèle HJM pour fitter les corrélations intra à partir des données historiques des prix des contrats à terme, avec une composante stationnaire en T-t et une composante saisonnière en T (si des effets de saisonnalité sont observés).
• Valorisation des contrats swing en adoptant une méthode de réplication à l’aide de contrats fermes et optionnels ou via un algorithme de type Monte-Carlo Américain.
• Ajustement de la calibration historique pour aligner les prix sur les fourchettes bis-ask des quotes des brokers.
• Etude d’un modèle paramétrique unifié de type HJM qui permettre de représenter tous les paramètres exotiques non observables sur les marchés du gaz.

Compétences techniques:

• Manipulation de données, analyse des séries temporelles, et maîtrise de techniques statistiques avancées (analyse en composantes principales, …).
• Solides compétences en mathématiques appliquées et maîtrise du calcul stochastique.
• Programmation orientée objet (C# ou Python).

Savoir-être:

• Adaptabilité et capacité à évoluer dans un environnement agile
• Curiosité, dynamisme, sérieux et professionnalisme
• Capacité à relever les challenges
• Aptitude à fournir des solutions concrètes avec rigueur, motivation et autonomie
• Esprit d’équipe, communication claire et efficace

Parcours académique et expériences:

• Master 2 en Finance Quantitative

Langues:

• Anglais courant

Si vous répondez à ces exigences, vous êtes le talent que nous recherchons. Ne perdez pas de temps !

Postulez en joignant votre CV actualisé, quel que soit votre sexe.

ENGIE Global Energy Management & Sales s'engage à créer un environnement non sexiste qui libère le potentiel de chacun et offre des opportunités d'emploi égales à tous les individus.

Tous nos postes sont ouverts aux personnes handicapées. Si vous avez besoin d'aménagements raisonnables pour participer au processus de recrutement, veuillez en informer votre recruteur, qui se fera un plaisir de vous aider.

A propos d’ENGIE:

Notre groupe est une référence mondiale en matière d'énergie et de services à faible émission de carbone. Notre raison d'être est d'agir pour accélérer la transition vers un monde neutre en carbone, grâce à une réduction de la consommation d'énergie et à des solutions plus respectueuses de l'environnement, en conciliant performance économique et impact positif sur les personnes et la planète. Nous nous appuyons sur nos activités clés (gaz, électricité, énergies renouvelables, services) pour offrir des solutions compétitives à nos clients. Avec nos 96 000 salariés, nos clients, nos partenaires et nos parties prenantes, nous formons une communauté de bâtisseurs imaginatifs, qui s'engagent chaque jour pour un progrès plus harmonieux. 

Join Our Team at GEMS Iberia!

About Us: Global Energy Management and Supply (GEMS) is a key business unit of ENGIE, a global energy leader. With over 1,400 employees across 8 main locations, we manage one of the world's largest and most diverse energy portfolios. At GEMS, we are passionate about driving the transition towards carbon neutrality and creating a sustainable future.

Why GEMS?

• Inclusive and Flexible Work Environment: We believe in fostering a culture of collaboration, innovation, and work-life balance. Our team is dedicated, enthusiastic, and committed to making a difference.
• Growth and Learning: At GEMS, we value continuous learning and growth. We encourage breakthrough results, curiosity, and team spirit.
• Values: Our core values include Collaboration & Care, Learning & Growth, Client Culture, Accountability & Trust, Leadership & Congruity. If you share these values and want to take action to energize a sustainable world, we want to hear from you!
• Digital Solutions Focus: At GEMS Iberia, we are committed to leveraging digital solutions to drive innovation and efficiency. Your role will involve making the best use of digital tools and look for opportunity to implement AI solutions in AML/KYC daily tasks.

The position is based in Madrid, within EGM Madrid branch, with functional reporting to Deputy CRO Europe; and Local manager: COO

EGM Madrid, branch of the French company Engie Global Markets (EGM) that is MIFID licensed as investment firm and regulated in France, Belgium, Singapore and Italy.

Mission

Provide KYC/AML and Ethics analysis, monitoring and reporting services to support the development of the GEM BU.

Ensure compliance with existing regulations, ENGIE and BU GEMS internal policies and the implementation of GEM KYC tools and processes.

Be instrumental in building the know-how and training other analysts of the team in this respect.

Participation to regular tasks managed by the team such as Bad press Watch, Sanction and PEP watch, SSI watch, Mailbox watch …..

Participation to Permanent supervision controls by implementing corrections requested.

In some circumstances, support the management in handling some regulatory projects (Watch, filtering, country risk rating, policies review etc…) and by accompanying the business in the development of new activities.

Responsibilities:

1. Compliance with GEM risk

Ensure the implementation and compliance of GEM KYC policies, tools, process and best practices.

• Client on-boarding and client portfolio review

• Analysis of files to ensure KYC/AML and Ethics compliance for new and existing counterparties;
• Depending on seniority level “4-eye check” responsibility will be endorsed
• In support of specific deals, proposition of clauses with counterparties, in collaboration with the legal department;
• Participation to regular tasks managed by the team such as Bad press Watch, Sanction and PEP watch, SSI watch, Mailbox watch …..
• Correction of findings linked to Permanent supervision controls
• Support the management in handling some regulatory projects (TMT, Watch, filtering, country risk rating, policies review etc…) and by accompanying the business in the development of new activities.
• Answer external requests
• Answer to urgent business needs and provide support –
• Ensure a follow-up of existing counterparties in terms of KYC to raise alerts if needs be.
• Search for documents using databases and request documents from customers
• Responsible for MIFID / EMIR / REMIT classification
• Management of alerts: sanctions / bad press

2. Reporting

• Provide meaningful alerts and recommendations.

Key skills, knowledge and abilities:

• Experience on AML/KYC file validation
• Education level: Master degree
• 10 years of relevant experience in a KYC/AML risk position (ideally in a trading or CIB banking environment).
• Commodity transactions: products (physical and financial), mechanisms and risks would be a plus
• Risk/reward approach
• Business enabler culture, ie: optimize on-boarding flow by advising FO on prioritization
• Control culture
• Solution driven
• Good stress resilience
• Good communication skills
• Fluent in English and Spanish written & oral;
• Other languages are a plus

Ready to Make an Impact? Join us at GEMS Iberia and be part of a team that is driving the energy transition. Apply now and take the first step towards an exciting and rewarding career!

Global Energy Management (GEM) is one of ENGIE’s 24 Business Units. At the heart of the energy value chain, GEM optimizes the Group’s assets portfolio including electricity, natural gas, environmental products and bulk commodities such as biomass, while developing its external commercial franchise worldwide. We provide services in supply and logistics management, asset management by leveraging on markets, risk management, market access management, and contribute to market understanding, design and efficiency.

With a staff of 1,400, offices in 11 countries and 4 trading platforms, GEM has an extended geographical coverage in Europe and Asia-Pacific and activities in more than 50 countries.

Originator – Downstream Carbon

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertises:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

Climate targets are becoming a very important point on the energy transition roadmap of our corporate clients, with many claims being made by 2030.

Role :

Within GEMS, the Carbon Desk, Environmental Market Access and BP Clients aim to develop upstream to downstream capabilities to originate high quality carbon offsets and deliver carbon contribution solutions to our customers. Your main tasks will be :

• Take responsibility for achieving sales revenue targets for Carbon Offsets, developing a transaction pipeline and driving sales closures both on spot and forward contracts
• Leverage on our existing customer portfolio to identify interests on Carbon offsets
• Prospect, qualify and engage new carbon credit sales clients. Drive relationship from initial catch up through to the successful closing of sales, including structuration and negotiation of commercial conditions and contracts
• Answer to RFPs from customers mobilizing the teams needed internally
• Develop and present carbon credit sales proposals to clients
• Collaborate with other teams (Carbon desk, EMA desk) to ensure successful project implementation
• Follow risk and governance framework
• Work collaboratively to refine our product offering and design new products and solutions to answer evolving needs of our customers and prospects
• Analyse client needs, gather market intelligence and identify industry trends
• Contribute to automate and digitalize operations, processes and reporting
• Assist in helping to sell other environmental products when relevant

Hard skills:

• Education: Master degree in Economics, Finance, Business admin or quantitative studies ideally with evidence of a focus on environmental or sustainability issues
• Experience : a minimum of 7 years' experience in sales within the energy, commodities, or financial sectors, ideally targeting large multinational corporations
• Industry knowledge : deep experience in carbon credit sales and understanding of the carbon markets and global carbon reporting standards (GHG protocol, SBTi...)
• Track record: Proven success in meeting and exceeding sales targets and managing key client relationships. Proven B2B sales management skills. Capability to spot new opportunities
• Significant experience in Business development/ structured sales with proven track record of closing deals and maintaining strong relationships with suppliers/clients; Preferably focus on energy/carbon markets
• Strong knowledge of the carbon products and markets (project based carbon standards, technologies and project development processes and global carbon reporting standards (GHG protocol, SBTi...)
• Taste for regulatory matters – and ability to link them to business opportunities
• Strong negotiation skills
• Result-oriented hands-on approach and ability to manage multiple workflows.

Soft skills :

• Communication : excellent communication and interpersonal skills, with the ability to engage with senior stakeholders
• Entrepreneurial ‘can do’ style. Ability to work independently and as part of a team
• Reliable, rigorous and detail-oriented
• Team player, communicate easily and ability to interact/cooperate with a variety of different profiles (traders, analysts, quants, sales, support functions, etc ).
• Passionate about the energy transition & sustainability

Languages :

• Excellent written and oral command of English

If you meet these requirements, then you are the talent we are looking for. Do not waste time ! Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

Gas Delivery and Operation 3*8 Shift Officer

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertises:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

The Gas Delivery and Physical business Platform is responsible within GEM for scheduling, dispatching and balancing ENGIE and affiliates gas portfolios round the clock, seven days a week. With the strong expansion of Europe’s spot gas market, new opportunities and challenges have arisen for the department. To extract the highest value from this evolution and in line with the ROAD gas project, Short Term Gas has decided to move towards a fully service-oriented model.

Gas Delivery and Operation participate to Short Term activities together with Asset Management and Delivery Oversights. These two teams manage the delivery of gas and the asset optimization on the European network.

Role:

Gas Delivery and Operation participate to Short Term activities together with Asset Management and Delivery Oversights. These two teams manage the delivery of gas and the asset optimization on the European network.

In your team your main tasks will be the following:

• Conduct of physical operations (balancing, nominations, control & follow-up of matching reports) arising from gas trading activities
• Acquiring and developing an in-depth knowledge and expertise in gas markets operating rules
• Putting in place and updating internal processes and systems to support new businesses and adapt to markets rules changes
• Participate to Short term trading activities and asset optimization (shift trading)
• Work in shift 3*8 (morning, evening and night)

Hard skills:

• Knowledge in gas European business (contracts, balancing, markets)
• Understanding of trading activities

Soft skills:

• Team player with good social skills, quick judgment and the ability to operate in a sometimes stressful environment
• Ability to develop quickly:
  • thorough knowledge of the relevant gas grids contracts and regulatory regimes
  • experience of relevant physical operating rules on gas markets
  • analysis skills to make quick and good decisions to solve operational incidents
• Resilient to stress
• Ability to work alone during night, weekends and holidays

Education and professional background:

Engineering School or University Master’s degree : sciences, economics or comparable studies

First experience in an international energy trading company (Front-office, Operations, Middle-office, Back-office, IT)

•  Junior 3-5 years experience could fit if very solid
• Confirmed >5 years experience

Languages:

• French, English (oral and written)

Travels:

No travels

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. 

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.