NPA & Operational Risk Analyst II – Energy Trading

ENGIE North America Inc.; Houston (TX); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work policy

Job summary

ENGIE Energy Marketing North America is seeking a Risk Control Analyst II to lead the day-to-day execution of the NPA process and operational risk framework for the U.S. energy trading business.

You will collaborate with Front Office, Risk, IT, Compliance, and Legal to deliver robust risk governance and a full suite of risk frameworks. The role offers exposure to physical and financial energy trading activities, with coordination across ENGIE HQ in Europe and a hybrid work schedule.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, Engineering, or related field.
• At least 2 years of experience in operational risk, internal audit, controls, middle office, or trading-floor risk.
• Exposure to NPA, RCSA, KRI, BIA/BCP, or operational risk capital processes is strongly preferred.
• Working knowledge of physical and financial energy products (power, gas, environmental, structured).
• Proficiency with risk management tools and data analysis (Excel, SQL, Power BI).

Responsibilities

• Own end-to-end coordination of the NPA process across Light, Full, and Project NPAs, from intake through approval, conditions tracking, and post-implementation review.
• Perform pre-assessment reviews of new products, markets, counterparties, instruments, and trading strategies; structure the scope of each NPA accordingly.
• Facilitate cross-functional NPA working sessions with Front Office, Market Risk, Middle Office, IT, Compliance, Credit, Settlements, Legal, Tax, and Accounting.
• Identify control gaps and system-readiness issues; document required remediations, conditions of approval, and target dates.
• Maintain the NPA pipeline, approval log, and conditions register; report status to the EEMNA Risk Committee and ENGIE HQ.
• Coordinate with ENGIE Global Risk on cross-border NPA reviews and alignment with group-wide product governance standards.
• Identify, assess, and monitor operational risks across trading activities, systems, processes, third parties, and people.
• Manage the operational risk incident lifecycle: capture, classification, root cause analysis, remediation tracking, and lessons learned.
• Maintain the operational risk event database and ensure timely escalation of material incidents to management and HQ per group policy.
• Support the calculation, monitoring, and periodic update of Operational Risk Capital requirements, including maintenance of methodology, scenarios, and supporting documentation.
• Drive control enhancement initiatives in partnership with process owners; verify design and operating effectiveness of key controls.
• Coordinate the annual RCSA cycle: process inventory, risk identification, control assessment, residual risk rating, and action plan tracking.
• Define, monitor, and report Key Risk Indicators (KRIs); investigate breaches and recommend corrective actions.
• Execute Business Impact Analysis (BIA) and support the Business Continuity Planning (BCP) program, including test exercises and after-action reporting.
• Maintain risk and control documentation, taxonomies, and governance artifacts in the EEMNA risk system of record.
• Contribute to the development and continuous improvement of operational risk policies, procedures, and standards.
• Assess risks tied to trading platforms, market data, valuation engines, settlement systems, and end-user computing tools.
• Partner with IT and the business on system enhancements, UAT, change-management reviews, and post-implementation validation.
• Identify automation and process-improvement opportunities that strengthen controls and reduce manual risk exposure.
• Coordinate with ENGIE global teams and HQ functions in Europe to support governance alignment, NPA reviews, and group-wide framework rollouts.
• Prepare presentations, governance materials, and management reporting for the EEMNA Risk Committee and senior stakeholders.
• Translate technical risk topics into clear, decision-ready briefings for non-risk audiences.

Skills

Risk management

Analytical thinking

Communication

Independence

Team collaboration

Education

Bachelor's degree in Finance, Economics, Business Administration, Engineering, or related field

Tools

ETRM systems (Aligne)

Excel

SQL

Power BI

Python

Job description

ENGIE Energy Marketing North America is seeking a Risk Control Analyst II to lead the day-to-day execution of the NPA process and operational risk framework for the U.S. energy trading business.

You will collaborate with Front Office, Risk, IT, Compliance, and Legal to deliver robust risk governance and a full suite of risk frameworks. The role offers exposure to physical and financial energy trading activities, with coordination across ENGIE HQ in Europe and a hybrid work schedule.