What You Can Expect
Under the supervision of the ENGIE Energy Marketing North America Risk Director as a MiddleOffice ManagerRisk & Finance you will manage all aspects of daily MtM (MarktoMarket) reporting Profit & Loss (P&L) validation and signoff monitoring. You will ensure the consistent and accurate publication of daily Risk & Performance Reports oversee book structure management across multiple legal entities and maintain 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 datadriven reports you will play a crucial role in supporting the overall financial performance and risk management of the organization. You will lead a team of professionals tasked with providing robust MiddleOffice support and enhancing reporting capabilities through tools like Power BI.
- Daily MtM (MarktoMarket) Reporting
- Oversee the computation and validation of daily MtM values for all trading books and products
- Ensure timely distribution and accuracy of MtM figures to key stakeholders
- P&L Validation Attribution and SignOff
- Validate daily P&L results and provide clear explanations by desk KPI and book
- Monitor P&L signoff ensuring discrepancies are thoroughly investigated and resolved
- Risk & Performance Reporting
- Manage the publication of Daily Risk & Performance Reports maintaining high data quality and consistency
- Develop KPIs and dashboards using tools like Microsoft Power BI to enhance visibility into operational and financial performance
- Book Structure Management (MultiLegal Entity)
- Coordinate and maintain book structures across multiple legal entities ensuring all trades are accurately captured
- Collaborate with Front Office Back Office and Accounting teams to keep book hierarchies aligned with organizational requirements
- Trader Risk Mandate & Reserve Calculations
- Enforce trader risk mandates monitoring limit usage and escalating breaches when necessary
- Estimate model and compute various reserves including credit liquidity inception model intermittency shape and volume reserves
- Forward and Settlement Curves Validation (Price Control)
- Validate and benchmark forward and settlement curves ensuring consistency with market data
- Oversee exotic parameters such as hourly shape factors scalar ratios and B/A spreads for liquidity reserves
- Process Automation & Reporting Improvements
- Lead initiatives to automate MiddleOffice processes improving the accuracy and efficiency of data capture and reporting
- Collaborate with IT to implement and maintain Power BI reports ensuring userfriendly interfaces and reliable data sources
- CrossFunctional Collaboration
- 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
- Leadership & Team Management
- Manage a team of MiddleOffice professionals providing mentoring training and development opportunities
- Foster a culture of continuous improvement proactively identifying areas to enhance processes and reduce operational risk
- Audit & Compliance
- 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
What Youll Bring
- A minimum of Bachelors degree in Finance Economics Mathematics Engineering or a related field
- A minimum of 7 years of experience in a MiddleOffice environment within the energy or commodities sector (Gas and Power)
- Proven track record in managing MtM reporting P&L analysis and risk metrics (e.g. VaR stress testing)
- Proficient in ETRM systems (e.g. FIS Aligne) and advanced Excel.
- 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 senior management
- Strong leadership and teambuilding capabilities with the ability to mentor and develop staff
- Highly organized with strong analytical and problemsolving skills
- Ability to work in a fastpaced environment and handle multiple projects concurrently
- Adherence to company policies procedures and applicable regulatory standards
Additional Details
- This role is eligible for our hybrid work policy; minimum 3 days working in the office and 2 days working from home
- Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range: $131000 $174600 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 wellbeing seriously. Our comprehensive benefits package includes options for medical dental vision life insurance employerpaid shortterm and longterm 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 thats not all were dedicated to the health and happiness of your entire family offering supplemental benefits for full time employees that enhance emotional and physical wellbeing 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 isnt just participating in the ZeroCarbon Transition were leading it! Join us as we develop energy that is renewable efficient and accessible to everyone.
At ENGIE our goal is to support promote and thrive on diversity equity and inclusion. We do so for the benefit of our employees customers products and services and community. ENGIE is proud to be an equal opportunity workplace and we are firmly committed to creating an equitable and inclusive environment 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 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.