Mid-Office, Trading, IITRMM1H
Houston, TX - USA
Job Summary
What You Can Expect
Under the supervision of the EEMNA Mid-Office Manager as the Middle-Office Analyst II Risk & Finance you are responsible for supporting daily MtM (Mark-to-Market) reporting P&L validation and sign-off monitoring. This role ensures the consistent and accurate publication of daily Risk & Performance Reports assists in book structure management across multiple legal entities and maintains 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 data-driven reports this position is crucial in supporting the overall financial performance and risk management of the organization. Additionally you will contribute to improving Middle-Office processes and enhancing reporting capabilities through tools like Power BI.
Daily MtM (Mark-to-Market) Reporting
- Perform the computation and initial 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 Sign-Off
- Validate daily P&L results and provide clear explanations by desk KPI and book.
- Monitor P&L sign-off ensuring discrepancies are investigated and escalated as needed.
Risk & Performance Reporting
- Assist in the publication of Daily Risk & Performance Reports maintaining high data quality and consistency.
- Develop or update KPIs and dashboards using tools like Microsoft Power BI to enhance visibility into operational and financial performance.
Book Structure Management (Multi-Legal Entity)
- Collaborate with Front Office Back Office and Accounting teams to maintain accurate book structures across multiple legal entities.
- Support efforts to keep book hierarchies aligned with organizational requirements.
Trader Risk Mandate & Reserve Calculations
- Monitor trader risk mandates ensuring limit usage is tracked and any breaches are promptly reported.
- Contribute to the estimation modeling and computation of 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.
- Assist with overseeing exotic parameters such as hourly shape factors scalar ratios and B/A spreads for liquidity reserves.
Process Automation & Reporting Improvements
- Participate in initiatives to automate Middle-Office 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 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.
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
- Bachelors degree you completed course in finance Engineering Mathematics Economics or a relevant field
- A minimum of 2 years working in a Middle-Office or similar analytical environment within the energy commodities or a relevant sector
- Demonstrated experience with MtM reporting P&L analysis and risk metrics (e.g. VaR stress testing).
- Proficient in ETRM systems (e.g. FIS Aligne) and advanced Excel
- Knowledge of SQL Python highly desired
- 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 management
- Highly organized with strong analytical and problem-solving abilities
- Ability to work well in a team-oriented environment and take initiative on process improvements
- Excellent communication skills for effective interaction with Front Office Back Office IT and management
- Highly organized with strong analytical and problem-solving abilities
- Ability to work well in a team-oriented environment and take initiative on process improvements.
- Ability to work in a fast-paced 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; a minimum of 3 days working the office per week
- Must be willing and able to comply with all ENGIE ethics and safety policies;
Compensation
Salary Range: $77100 $118220 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 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.
At ENGIE every talent has a role to play in the adventure of the century. Make a difference and enjoy a fulfilling professional experience. Take on exciting challenges and build a career path that reflects who you are.
Join us and be part of the adventure!
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.
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.
About Company
We are ENGIE, a supplier of energy for homes and businesses, both in the UK and abroad. Our name might be new to you, but we've been around for quite a while. And in that time, we've achieved some pretty big things here in the UK