Mid Office Senior Analyst

ENGIE North America Inc.; Houston (TX); Hybrid; USD 99,000 - 151,800; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Retirement Savings Plan

Generous paid time off including wellness days

Job summary

A leading energy firm is seeking a Middle-Office Analyst to support daily MtM reporting, P&L validation, and risk management. The ideal candidate will have at least 5 years of experience in an analytical role, strong knowledge of finance and risk metrics, and proficiency in tools like Power BI. This position involves cross-functional collaboration and compliance with regulations. A bachelor's degree in a relevant field is required. Join a firm committed to the Zero-Carbon Transition and enjoy a hybrid work model with competitive compensation and benefits.

Qualifications

• 5+ years of experience in a Middle-Office or analytical environment within energy.
• Experience with MtM reporting and P&L validation.
• Familiarity with risk metrics like VaR and stress testing.

Responsibilities

• Support daily MtM reporting and P&L validation.
• Monitor trader risk mandates and validate forward curves.
• Collaborate with teams to maintain compliance with internal policies.

Skills

Analysis

Finance knowledge

Excel proficiency

Communication skills

Teamwork

Education

Bachelor’s degree in Finance, Economics, Mathematics, or related field

Tools

Power BI

ETRM systems

Job description

What You Can Expect

Under the supervision of the ENGIE Energy Marketing North America (EEMNA) Mid-Office Manager, the Middle-Office Analyst, Risk & Finance is responsible for supporting daily MtM (Mark-to-Market) reporting, P&L (Profit & Loss) validation, and sign-off monitoring. You will report to the Middle-Office Manager, Risk and Finance, EEMNA. You will ensure the consistent and accurate publication of daily Risk & Performance Reports, assist in book structure management across multiple legal entities, and maintain 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, you play a crucial role 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

• Bachelor’s degree in which you completed courses in Finance, Economics, Mathematics, Engineering, or a related field
• A minimum 5 years of experience in a Middle-Office or similar analytical environment within the energy or commodities sector
• 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.
• Ability to work in a fast-paced environment and handle multiple projects concurrently.
• Adherence to company policies, procedures, and applicable regulatory standards.

Additional Details

• This role is eligible for our hybrid work policy; 3 days working the office
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Salary Range: $99,000 – $151,800 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 offered salary may depend on geography, experience, industry knowledge, 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.

At ENGIE, we take your well‑being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer‑paid short‑term and long‑term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that’s not all – we’re dedicated to the health and happiness of your entire family, offering supplemental benefits for full‑time employees that enhance emotional and physical well‑being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

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, 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.

Join us and be part of the adventure!

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 [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.

We value internal mobility and will offer sponsorship for this role to internal candidates only.

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.

Business Unit: Supply & Energy Management

Division: BP USA

Legal Entity: ENGIE ENERGY MARKETING NA, INC.

Professional Experience: Skilled ( >3 experience <15 years)

Education Level: Bachelor's Degree

Company Name: ENGIE North America