Risk Control Analyst, Temporary (46078)
Risk Control Analyst, Temporary (46078)
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Job Description
What You Can Expect
Under the supervision of the Risk Control Manager at ENGIE Energy Marketing N.A. (EEMNA) you will support the preparation and communication of EEMNAs commodity positions profit and loss (P&L) reporting and key market risk metrics. Your responsibilities will include reviewing verifying and explaining daily official metrics such as P&L Value at Risk (VaR) drawdowns stress tests and Greek limits. You will assist in coordinating the New Product Analysis (NPA) process for new products markets or models and contribute to Economic Value Added (EVA) evaluations by helping model the cost of market and credit risk for structured transactions. Additionally you will provide quantitative support to the Credit Risk team in managing counterparty credit risk metrics including Potential Future Exposure (PFE) Credit VaR (CVaR) Credit Value Adjustment (CVA) Debt Value Adjustment (DVA) Probability of Default (PD) Loss Given Default (LGD) and recovery rate assessments.
- Participate in the Economic Value Added (EVA) analysis on certain proposed transactions that exceed the EEMNA Delegation of Authority (DoA) by computing cost of market and credit (CVA/DVA)
- Monitor Delta/Vega position against the limit daily
- Explain daily P&L by desk book or transaction
- Monitor daily: Stress test Drawdown
- Help maintain and improve the EEMNA Price Control framework by automating price upload mapping and creating vanilla and exotic forward curve when needed
What Youll Bring
- You hold a Bachelors degree in which you completed courses in Finance Economics Business Administration or we will accept three (3) years of relevant working experience where you gained handson skills in the commodity energy industry or in the the investment banking industry
- This is an entrylevel position and prior experience is not required. You will be expected to deliver highquality support on projects related to data analysis reporting and operational process improvement while gaining handson experience in a professional environment
- You are a collaborative team member who works effectively with colleagues across departments and communicates clearly both verbally and in writing
- You have strong attention to detail and the ability to follow policies and procedures while contributing to a fastpaced highperformance environment
- You are knowledgeable in energy commodity trading and financial market theory with a foundational understanding of option pricing models such as BlackScholes binomial trees and Greeks
- You are proficient in querying and handling large datasets using tools like SQL VBA and Power BI
- You have a solid understanding of statistics and probability theory as applied to finance including concepts such as Brownian motion
- You are familiar with methodologies (Monte Carlo parametric and historical) and volatility forecasting techniques like EWMA and GARCH(11)
Additional Details
- This role is eligible for our hybrid work policy consisting of a minimum three (3) days in the office at the Houston TX office
- Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Hourly Range: $32.40 $43.18 USD hourly
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.
Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location
This role includes eligibility for enrollment into ENGIEs 401(k) retirement plan providing employees the opportunity to plan for their financial future. ENGIEs 401(k) offers pretax and Roth enrollment with a competitive employer match.
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.
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 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.
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.
Required Experience:
IC
Employment Type
Full-Time
