Mid Office Senior Analyst
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.
- Daily MtM (Mark-to-Market) Reporting
- Compute and initially validate daily MtM values for all trading books and products
- Timely distribute and ensure 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
- Maintain oversight of P&L sign-offs, investigating and escalating discrepancies as necessary
- Risk & Performance Reporting
- Aid in the publication of Daily Risk & Performance Reports, maintaining high data quality and consistency
- Create or update Key Performance Indicators (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 align book hierarchies with organizational requirements
- Trader Risk Mandate & Reserve Calculations
- Monitor trader risk mandates, tracking limit usage and promptly reporting any breaches
- 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
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field
- 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)
- Proficiency 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
What You’ll Bring
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!
Nos valeurs
L’inclusion et la diversité sont au cœur de notre politique de ressources humaines. Nous assurons l’égalité des chances entre tous les candidats et sommes engagés à créer l’environnement de travail le plus accessible possible.