Commercial and Market Risk Director - Renewables

ENGIE; Houston (TX); On-site; USD 155,000 - 238,000; Full time

Job summary

ENGIE is seeking a Commercial and Market Risk Director for Renewables based in Houston, TX. You will lead commercial strategies, manage RECs, PPAs, and risk frameworks across a growing North American renewable portfolio.

You will partner with Trading, Energy Management, Asset Management, Origination, and Finance to optimize revenue, assess market opportunities, and guide investment decisions while balancing risk and return for long-term value creation.

Qualifications

• Bachelor's degree in a related field.
• Minimum 10 years of experience in power/energy/renewables.
• Experience in wholesale power markets and market risk assessment.
• Experience developing commercial strategies and portfolio optimization.
• Knowledge of PPAs, LLCAs, JVs, and O&M contracts.
• Willingness to travel up to 20% domestically.

Responsibilities

• Lead commercial strategies to maximize value of renewable portfolio.
• Oversee uncontracted environmental and capacity attributes management.
• Partner with trading to optimize revenue while balancing risk.
• Establish annual market risk framework aligned with objectives.
• Provide risk guidance for new investments and PPAs.
• Review hedging approaches and risk-adjusted performance.

Skills

Market risk assessment

PPA strategy

Portfolio optimization

Revenue optimization

Data analytics

Python/Databricks

Education

Bachelor's degree in Finance/Business/Engineering/ Economics

Tools

Python

Databricks

Job description

Commercial and Market Risk Director - Renewables

ENGIE is committed to accelerating the transition to a lower‑carbon energy future. Across North America, ENGIE manages a growing portfolio of wind, solar, and battery storage assets spanning multiple wholesale power markets, including ERCOT, SPP, PJM, and MISO. As our portfolio continues to expand, so does the opportunity to shape the commercial strategies that drive long‑term value creation.

As the Director, Commercial & Market Risk (Renewables), you will serve as a trusted advisor to senior leadership, leading the assessment of market opportunities and risks across one of North America's largest and fastest-growing renewable energy portfolios. You will guide portfolio optimization, support investment and contracting decisions, and influence strategies that balance risk and return while advancing ENGIE's growth objectives.

Based in Houston, TX, you will partner closely with teams across Energy Management, Asset Management, Origination, Trading, Finance, and Development to identify revenue opportunities, evaluate market exposures, and enhance asset value throughout the lifecycle of our renewable energy investments.

What You’ll Bring

ENGIE is committed to reshaping the energy future through the global implementation of a lower carbon energy economy to preserve the world’s natural resources. ENGIE has under management ~7 GW of Wind & Solar assets in both United States and Canada and various Independent Service Operators (ISO’s), amongst others ERCOT, SPP, PJM, MISO. Our portfolio is growing, and we expect to reach 8.5 GW by 2025 and more than 17 GW by 2030 as well as entering new ISOs.

What You’ll Do

• Lead commercial strategies that maximize the value of ENGIE's renewable portfolio, including power purchase agreements (PPAs), PPA renegotiations, battery storage monetization, load‑serving opportunities, grid‑enabling technologies, renewable energy credits (RECs), capacity products, and tax credit transfer activities
• Oversee the management and optimization of uncontracted environmental and capacity attributes, including REC certification and audit activities, to enhance portfolio performance and revenue generation
• Partner with ENGIE's trading organization to develop and execute revenue optimization strategies that balance market opportunity and risk across operating assets
• Establish and oversee the annual market risk framework for ENGIE's renewable portfolio, ensuring risks are identified, evaluated, and managed in alignment with business objectives
• Provide commercial and market risk guidance for new investments, development opportunities, and power purchase agreements, recommending risk mitigation strategies that support long‑term value creation
• Review and challenge market strategies, assumptions, and hedging approaches to ensure risk‑adjusted portfolio performance while maintaining strong alignment with ENGIE's Global Energy Management and Supply organizations

Leadership

• Lead, develop, and empower a high‑performing team by fostering an inclusive culture built on collaboration, accountability, continuous improvement, and professional growth
• Build trusted relationships across ENGIE and with external stakeholders, serving as a strategic partner who influences decision‑making and drives results
• Set clear priorities and create an environment where team members can deliver impactful work while maintaining a healthy and sustainable work‑life balance

What You’ll Bring

• Bachelor's degree in Finance, Business, Economics, Engineering, Environmental Studies, Business Administration, or a related field
• Minimum 10 years of experience in the power, energy, or renewable energy industry, including demonstrated knowledge of power plant operations, asset economics, and commercial market activities
• Demonstrated expertise in wholesale power markets, market risk assessment, and risk mitigation strategies, with the ability to translate market insights into commercial value creation opportunities
• Experience developing and executing commercial strategies, evaluating new business opportunities, and driving portfolio optimization initiatives within a complex energy environment
• Understanding of renewable energy project finance structures, including tax equity, cash equity, debt financing, and the commercial considerations that influence asset performance
• Knowledge of project and partnership agreements, including PPAs, LLCAs, joint venture agreements, operations and maintenance agreements, and other commercial contracts supporting renewable energy assets
• Effective verbal and written communication skills, with the ability to build trusted relationships, influence stakeholders, and collaborate across diverse internal and external teams
• Proactive, analytical, and detail‑oriented approach with a demonstrated ability to evaluate complex problems, identify opportunities, and deliver results
• Passion for advancing renewable energy solutions and supporting the continued growth of a lower‑carbon energy future
• Experience with data analytics, programming, or quantitative tools such as Python, Databricks, or similar platforms
• This role is eligible for our hybrid in‑office work policy and is not eligible for fully remote work
• Must be available to travel domestically up to 20% of the time and with the need for some overnight trips
• Must be willing and able to comply with all ENGIE ethics and safety policies;

Compensation

Salary Range: $155,200 – $237,935 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.

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.

Join us and be part of the adventure!

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.

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 [e-mail]. 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.

This role is eligible for sponsorship.

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.