Market Risk Analyst - Madrid, España - ENGIE

ENGIE

Empresa verificada

Madrid, España

hace 1 semana

Publicado por:

Isabel García

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Descripción

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE's assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group's large and diverse asset portfolio over 20+ years.

3,300 employees around the world develop our solutions, through +20 international business platforms.

We cover the full energy mix:
renewable and thermal power, natural gas & LNG, biomass, environmental products.

Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials.

Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertise:

Asset management
Energy transition services
Energy supply & global commodities
Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

Organization:

The
GEMS
Iberia Risk team key missions are to monitor and control day to day activities of the different trading desks but also to support them by securing their activity (alert trader on risk level on-boarded) and whenever possible advising them using a risk/reward approach.

GEMS Iberia focus on trading and origination from various activity type: B2B sales, Market Making activity (interaction with Sales for the client portfolio) and Internal Risk Management activity (hedging of the positions taken by other BPs on energy commodities markets).

The perimeter includes vanilla and complex operations on Gas, Power and Environmental products (Emissions, Guarantee of Origin), physical and financial, and real time optimization/dispatching.

As any trading entity, the Risk functions are key requiring a good understanding of the market behavior and a high integrity level.

Iberia is one of the main growth markets of the Engie Group, as demonstrated by the 2bn EUR acquisition of hydro assets in Portugal in 2020, and the recently announced 2bn EUR acquisition of Eolia's portfolio in Spain.

Further expansion of the portfolio is highly likely.

YOUR contribution:

Context

To support the strong growth of activity around Renewables, and the trading around our assets, you will help Front Office to manage their risk by enhancing the modeling of their exposure and whenever possible recommend market operations to mitigate the risk.
Ideally you should automatize solutions sustainable and scalable, using coding skills that you may acquire during your mission.

You will have a close collaboration with Front Office, Middle Office and your Risk peers based in Paris & Brussels.

requiring a strong ability to liaise with other people is asked.

Role

Under the guidance of the GEMS Risk team you will act as Market Risk officer for all desks.
Your mission will be to:
Understand risk exposure of the different trading activities
Alert on any unexpected risk level as for instance limit breach
Design, implement and deliver tactical solution improving risk modeling

ex:
intermittency risk for renewable activity, Stress test on market prices

Allow a comparison of PnL report Vs Risk exposure

What is our Risk/reward ratio?

Be an active member of the python community within GEMS Iberia

About YOU:

Hard skills

Quantitative skills is a must
Capacity to understand business needs
Ability to code in Python

or if background in other coding language ability to learn Python

Ability to do data treatment
Knowledge in PowerBI is a plus
Knowledge in coding and data management

Soft skills- You are rigorous, fast learner, curious and team spirit. You can establish strong collaboration with various stakeholders.
Education and professional background

Master degree in Science

Languages

Fluent in English: written & oral
Spanish is preferable

About ENGIE:

Our group is a global reference in low-carbon energy and services.

Our purpose ("raison d'être") is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet.

We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builder