Quantitative Structurer

ENGIE - International Supply & Energy Management; La Garenne-Colombes; Sur place; EUR 90 000 - 130 000; Plein temps

Résumé du poste

ENGIE Weather & Energy Solutions is seeking a Weather Quant Structurer to design and implement risk analytics tools and weather-derivative products. You will model weather sensitivities, price hedging strategies, and support front-office activities across multiple counterparts, with a strong emphasis on scalable, robust systems.

The role demands advanced Python, data analytics skills, and a client-oriented mindset to contribute to ENGIE's weather risk management framework and trading strategies.

Qualifications

• Must have: Proficiency in Python 3+ with numerical libraries (Numpy, Pandas, Sklearn) and Excel VBA.
• Strong experience with object-oriented programming and version control (GitHub or similar).
• Familiarity with APIs and data analytics tooling and methods.

Responsabilités

• Develop scalable risk analytics tools for weather and energy quant structures.
• Model, price, and hedge weather derivatives in collaboration with traders.
• Quantify weather risk exposures using advanced quantitative methods.
• Monitor hedge performance and contribute to risk methodology improvements.
• Support front-office with operational risk analytics and market monitoring.

Connaissances

Object-Oriented Programming

Python

Excel VBA

GitHub

SourceTree

APIs

Outils

Numpy

Pandas

Scikit-learn

Seaborn

Description du poste

Location: Paris – La Garenne Colombe

About ENGIE and Supply & Energy Management: ENGIE, a global leader in low-carbon energy and services, relies on its Global Business Unit Supply & 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.

Weather Energy Quant Structurer

About ENGIE and Supply & Energy Management: ENGIE, a global leader in low-carbon energy and services, relies on its Global Business Unit Supply & 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. Joining Supply & Energy Management means 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

Weather & Energy Solutions (WES) is a dedicated trading desk responsible for managing weather-related risks across ENGIE Group’s business units, while supporting the development of S&EM’s commercial activities in weather derivatives. As the Group’s dedicated interface with weather markets, WES plays a strategic role. It also supports ENGIE’s financial performance through its weather risk outsourcing activities, which are becoming increasingly important in a global business environment more exposed to weather volatility, particularly with the growth of renewable energy generation.

Your Mission

Within WES, the mission of the Weather & Energy Quant Structurer is articulated across four core areas:

Quant (Risk Analytics & Tools Development)

• Develop scalable and robust tools covering quantitative analysis, risk representation and monitoring
• Analyze, represent, and quantify weather risk exposures using advanced quantitative methods.
• Develop, maintain, and enhance modeling, pricing, and risk analytics tools.
• Monitor and explain hedge performance through robust analytical frameworks.
• Contribute to the continuous improvement of the risk methodology framework (greeks exposure, VaR, stress tests).
• Perform methodological monitoring (weather models, risk methodologies).
• Ensure risk analytics are scalable, reliable, and fully industrialized within systems.

Structuring (Product Design, Pricing & Business Development Support)

• Design, develop, and implement tailored weather risk management strategies.
• Structure, price weather derivatives and hedging products in collaboration with traders and capacity providers.
• Develop and enhance weather sensitivity models (temperature, wind, solar, hydro, etc.).
• Contribute to new product development and structuring capabilities in support of business growth.

Activity Support & Business Development

• Ensure day-to-day operational support of front-office activities.
• Manage pre- and post-trade processes under traders’ supervision, including pricing client requests, onboarding (KYC, credit), and coordination with Credit, Legal, and Back Office teams.
• Produce and communicate risk reports and hedge performance analyses to internal stakeholders and clients.
• Perform ongoing market monitoring (new weather products, market practices).
• Participate in the onboarding of new capacity providers and products, supporting liquidity development.

Transversal

• Contribute to cross-functional projects and transformation initiatives within weather risk management.
• Drive continuous improvement of operational tools, processes, and frameworks.
• Build and maintain strong relationships with clients, traders, and internal stakeholders
• Ensure full compliance with internal policies, procedures, and regulatory requirements.

What We Are Looking For

A profile combining:

Hard skills

Must have:

• Proficient in Object-Oriented Programming
• Proficient in Python 3+ (Numpy, Pandas, Sklearn, Seaborn) and Excel VBA
• Remarkable experience using control versioning (GitHub, SourceTree)
• Familiar with using APIs

Good to have:

• Hybrid role: combining structuring and quantitative capabilities with a strong client-oriented mindset.
• Ability to manage complex transversal projects with multiple stakeholders.
• In-depth understanding of the trading and portfolio & risk management business.
• High level of numeracy, strong analytical and quantitative skills, combined with a hands‑on approach.

Soft skills

Must have:

• Willing to work in a front position with direct impact on group's and BU's P&L.
• Highly resilient and autonomous.
• Result-oriented practical thinker.
• Rigorous and accurate.
• A dynamic and flexible team worker.

Good to have:

• Excellent interpersonal and communication skills.
• Demonstrate high ability to build a network.
• Determined to succeed.
• Creative and act as true initiative-taking entrepreneur.

Why join us?

Play a key role in managing weather risks in a world increasingly driven by renewable energy and climate volatility. Develop rare and highly valued expertise in weather and energy risk management.

Diversity & Inclusion

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

At ENGIE S&EM, we are committed to fostering an inclusive and diverse workplace that unlocks the potential of every individual and ensures equal opportunities for all. We welcome applications from people of all backgrounds.

All our positions are open to people with disabilities. If you require any reasonable accommodation to participate in the recruitment process, please inform your recruiter, who will be happy to support you.

About ENGIE

ENGIE is a global leader in low carbon energy and services, committed to accelerating the transition to a carbon neutral world. Its purpose is clear: to reduce energy consumption and develop cleaner, more sustainable solutions that combine economic performance with a positive impact on people and the planet. The Group relies on its core businesses such as gas, power, renewable energy, and services to deliver competitive, tailored solutions to customers worldwide. With 96,000 employees and a strong network of partners and stakeholders, ENGIE is more than a company; it is a community of Imaginative Builders working every day to drive harmonious and sustainable progress.

Company Name: Supply and Energy Management

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