Middle Office Analyst - EVERGREEN

ENGIE North America Inc.; Houston (TX); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401(k) with company match

Paid time off and holidays

Job summary

ENGIE North America is seeking a Middle Office Analyst to support daily MtM reporting, P&L validation, and risk and performance reporting in a fast-paced energy trading environment. You will help manage book structures across multiple entities and develop data-driven reports with Power BI.

The role emphasizes collaboration with Front Office, Back Office, IT, and Finance teams, plus opportunities to automate processes and enhance reporting capabilities while ensuring regulatory compliance.

Qualifications

• Master's degree in Finance, Economics, Mathematics, Engineering, or a related field.
• 2-5 years of experience in middle-office or analytical role in energy/commodities.
• Experience with MtM reporting, P&L analysis, and risk metrics (VaR, stress testing).
• Proficiency in Power BI and advanced Excel.

Responsibilities

• Perform daily MtM computation and validation for trading books and products.
• Validate daily P&L results and provide explanations by desk and book.
• Publish Daily Risk & Performance Reports with high data quality.
• Develop/update KPIs and dashboards using Power BI for visibility.
• Maintain book structures across multiple entities in collaboration with Front/Back Office and Accounting.
• Monitor trader risk mandates and calculate various reserves (credit, liquidity).
• Validate forward/settlement curves and assist with exotic parameters for liquidity reserves.
• Participate in automation of Middle-Office processes and IT-led reporting improvements.
• Collaborate with Front Office, Credit, Market Risk, and Operational Risk to align valuation methodologies and compliance.

Skills

MtM reporting

P&L analysis

risk metrics

Power BI

Excel

ETRM systems

communication skills

analytical thinking

Education

Master's degree in Finance or related field

Tools

Power BI

Excel

ETRM systems (FIS Aligne)

Job description

Middle Office Analyst - EVERGREEN

Permanent

Full - Time

HOUSTON, United States, 77056

ENGIE ENERGY MARKETING NA, INC.

Finance / Tax / Insurance

ENGIE North America

What You Can Expect

Under the supervision of the ENGIE Energy Marketing North America (EEMNA) Middle-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

• Master's degree in Finance, Economics, Mathematics, Engineering, or a related field
• 2-5 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.

Compensation

Salary Range will be included in the formal job posting once a specific level of opportunity is determined and posted.

Benefits

• Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, Employee Stock Purchase Plan, 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, 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.

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.

Nos valeurs

L'inclusion et la diversite sont au cur de notre politique de ressources humaines. Nous assurons l'egalite des chances entre tous les candidats et sommes engages a creer l'environnement de travail le plus accessible possible.