Quantitative Risk Analyst

ENGIE Group; France; Hybride; EUR 90 000 - 130 000; Plein temps

Résumé du poste

ENGIE Group is seeking a Quantitative Risk Analyst to join the Global Business Unit Supply & Energy Management. You will validate pricing models for derivatives and design risk models for market, credit, and liquidity risks within a C# and Python codebase in a Big Data environment (AWS, Dataiku).

You will collaborate with Risk, IT and Front Office teams to produce pricing tools, back-testing prototypes, and automated monitoring systems in a fast-paced, multidisciplinary setting.

Qualifications

• Master’s degree or PhD in a quantitative discipline (Financial Engineering, Applied Mathematics, Statistics, Physics, Computer Science or related).
• At least three years of hands-on experience as a quantitative analyst with pricing and risk models.

Responsabilités

• Validate pricing models for derivatives and risk models in a cross-functional setting.

Connaissances

Stochastic models

Statistics

C# & Python

Big Data

Commodity markets

Formation

Master’s or PhD in quantitative discipline

Outils

AWS

Dataiku

Description du poste

About ENGIE and Supply & Energy Management:

ENGIE, a global leader in low-carbon energy and services, relies on its Global Business UnitSupply & Energy Management(GBU S&EM) to provide reliable, sustainable, and affordable energy to all its customers. This strategic unit optimizes the Group’s and clients’ production assets and designs tailored energy solutions for our 200,000 professional clients and 15 million consumers.

The Global Business Unit Supply & Energy Management leverages ENGIE’s assets to deliver secure and sustainable energy to its B2B and B2C customers. It uses its expertise in energy management to provide decarbonized electricity 24/7.

JoiningSupply & Energy Managementmeans becoming part of a team of over 10,000 passionate experts spread across 20 countries, all united by a shared mission: shaping a greener and more efficient energy future. Together, we push the boundaries of innovation to deliver decarbonized energy 24/7. Join us and be part of those shaping the energy of tomorrow!

Context

As a Quantitative Risk Analyst, you will be part of a team that sits at the intersection of financial modeling, risk management, and software development. Your responsibilities will include validating pricing models for derivatives and designing and continuously improving risk models for market, credit, and liquidity risks.

Your daily tasks will encompass three key areas:

• Advanced Financial Modeling: You will cultivate a critical mindset and challenge stochastic models through close interaction with traders and pricing model designers.
• Technical Development: You will implement and test models and their alternatives within a robust C# and Python codebase, integrated into a Big Data environment (AWS, Dataiku).
• Cross-Functional Collaboration: You will work closely with Risk, IT, and Front Office teams to transform complex problems into practical solutions, whether through ad hoc pricing tools, back-testing prototypes, or automated model monitoring systems.

Additionally, you will ensure the long-term robustness of models by calibrating reserves under historical probability, implementing performance metrics, and regularly reviewing model parameters. This role combines scientific rigor with technical creativity and places you at the heart of the risk management team, focusing on energy commodity markets.

Key responsibilities :

• Perform model validation of pricing models for complex derivatives (e.g., exotic basket options, swing options, storage, renewables, …).
• Implement validated stochastic models in C# within the risk methodologies pricing library.
• Build and test alternative models to benchmark and assess the robustness of valuation methods.
• Participate in internal model committees by providing theoretical and numerical justifications.
• Design risk metrics for market risks (VaR, SVaR, quantitative stress tests), implement prototypes and present method specifications for future IS integration.
• Design risk metrics for credit risks (PFE, CVA, DVA), implement prototypes and present method specifications for future IS integration.
• Ensure full documentation of models and methods for traceability, auditability, and regulatory compliance.

PROFILE :

You hold a Master’s degree or PhD in a quantitative discipline such as Financial Engineering, Applied Mathematics, Statistics, Physics, Computer Science, or a related field. Your academic background has equipped you with a solid foundation in modeling, analytics, and problem-solving. Beyond your studies, you bring at least three years of hands‑on experience as a quantitative analyst, during which you’ve developed, implemented, and challenged pricing and risk models in real‑world financial environments. You are now looking to take on a new challenge where your expertise can make a real impact - bridging cutting-edge theory with practical, high‑stakes applications in trading and risk management.

Hard Skills :

• Solid knowledge of stochastic models applied to derivative pricing and risk modeling.
• Strong background in statistics: hypothesis testing, time series analysis, regression models.
• Proficient in object-oriented programming (C#, Python), with the ability to independently develop models and prototypes.
• Familiarity with Big Data technologies, particularly Amazon Web Services (AWS) or Dataiku, is a plus.
• Previous experience in Commodity Markets is a strong advantage.

Soft Skills :

• Strong analytical skills, conceptual thinking, and scientific rigor.
• Ability to communicate complex concepts clearly and effectively to both technical and non-technical stakeholders.
• Team spirit and ability to work collaboratively in a fast-paced and multidisciplinary environment.

LANGUAGES:

Diversity & Inclusion

If you meet these requirements, then you are the talent we are looking for.

At ENGIE S&EM, we are committed to fostering agender-neutral and inclusive environmentwhere everyone’s potential can thrive.

All our positions are open topeople with disabilities. If you need any reasonable accommodations during the recruitment process, please inform your recruiter - we will be happy to support you.

About ENGIE

ENGIE is aglobal leader in low-carbon energy and services, committed to accelerating the transition towards acarbon-neutral world. Our purpose ("raison d’être") is clear: act to reduce energy consumption and develop cleaner, more sustainable solutions that balanceeconomic performancewith apositive impacton people and the planet.

We rely on our core businesses -gas, power, renewable energy, and services- to deliver competitive, tailored solutions to our customers worldwide.

With96,000 employeesand a strong network of partners and stakeholders, ENGIE is more than a company: we are acommunity ofImaginative Builders, working every day to createharmonious, sustainable progress.

Business Unit: Supply & Energy Management

Division: EM RISK CONTROL

Legal Entity: ENGIE Global Markets S.A.S.

Company Name: Supply and Energy Management

Minimum Base Salary:

Maximum Base Salary:

Pay Basis:

Why this matters to us

Our organisation is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We offer reasonable accommodations upon request for individuals with disabilities.