What You Can Expect
As our Portfolio Management Advisor you will be directly responsible for delivering the expected gross margin from retail contract sales with a focus on the PJM and MISO deregulated power markets. You will manage all aspects of the P&L for your assigned retail power book including in-depth analysis of delivery month actuals PPAs forward mark-to-market (MTM) adjustments and annual budget planning. You will identify and manage price and volume risk exposures recommend hedge strategies and execute trades to mitigate risk in line with portfolio objectives. Collaborating closely with other Portfolio Management team members you will help develop forward price curves calibrate costing assumptions and ensure ENGIEs competitiveness in the retail marketall while contributing to sales performance targets. The role also requires strong cross-functional collaboration with internal stakeholders including Sales Business Development Origination Trading Operations Risk Management Marketing and Digital teams to support ENGIE Resources broader business goals.
This position sits in Houston TX reporting to the Director Portfolio Management
- Execute Trades & Manage Risk: Trade financial and physical products (Energy Capacity RECs FTRs PPAs derivatives) and manage price/volume risk for retail load contracts (fixed index hybrid)
- Market Analysis & Strategy: Develop and calibrate forward price curves; conduct in-depth analysis on market fundamentals regulatory impacts cost components and risk exposures to optimize portfolio profitability
- Reporting & Reconciliation: Produce and reconcile daily MTM and NOP reports; monitor portfolio P&L from budget to final settlement; aggregate revenue/cost data for margin tracking
- Forecasting & Scheduling: Validate load forecasts oversee day-ahead bidding and ensure demand schedules align with retail operations
- Cross-Functional Collaboration: Work closely with Sales Trading Operations and Risk to review revenue settlements and inform pricing and product strategies
- Stakeholder Engagement & Support: Support sales calls prepare market insights presentations and contribute to system enhancements and new product development
What Youll Bring
- You hold a Bachelors degree in a quantitative discipline such as Business Economics Engineering Accounting Mathematics or Computer lieu of a degree we will accept a combination of ten (10) years of professional experience and other education/certification experience for the role
- A minimum of seven (7) years of relevant experience in the retail power industry
- You have deep experience in retail power portfolio management with expertise in full-requirements cost components particularly in PJM and MISO markets
- You are knowledgeable in energy market fundamentals pricing methodologies and hedging strategies to manage shape and swing risk
- You have strong analytical and problem-solving skills with the ability to communicate complex technical concepts clearly to senior leadership and cross-functional teams
- You are proficient in MS Excel and experienced with data tools such as VBA SQL and Microsoft Power BI for managing and analyzing large datasets
- You have excellent organizational skills attention to detail and the ability to plan and prioritize effectively in a fast-paced environment
- You are a clear communicator with strong written and verbal communication skills and can think critically and logically under pressure
Additional Details
- This role is eligible for our hybrid work policy; hybrid work schedule of both in-office and work-from-home days
- Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range: $99000 $151800 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 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 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 isnt just participating in the Zero-Carbon Transition were leading it! Join us as we develop energy that is renewable efficient and accessible to everyone.
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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.
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We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.
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