Middle-Office Analyst - Risk and Finance (Temporary)

What You Can Expect

Under the supervision of the EEMNA Risk Director, as a Middle-Office Analyst, Risk & Finance, you will be responsible for supporting daily MtM (Mark-to-Market) reporting, Profilt & Loss (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 You'll Bring

• A minimum of bachelor's degree where you completed in Finance, Economics, Mathematics, Engineering, or a related field
• 2 years of experience in a Middle-Office or similar analytical environment within the energy or commodities sector (Gas and Power preferred).
• 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.
• 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

Additional Details

• The temporary work term will be from April 2025 to April 2026, full-time or part-time work schedule working between 20 - 40 hours per week
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $36.00 - $55.00 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

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.

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 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.

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