Mid-Office, Trading, II_TRMM1H

Under the supervision of the EEMNA Mid-Office Manager, this role supports daily Mark-to-Market (MtM) reporting, P&L validation, and sign-off monitoring. It ensures accurate publication of daily Risk & Performance Reports, assists in book structure management across multiple legal entities, and maintains adherence to trader risk mandates. The position also involves estimating and modeling various reserves, validating forward/settlement curves, and improving Middle-Office processes through tools like Power BI.

Responsibilities

• Perform 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.
• Validate daily P&L results, provide explanations by desk, KPI, and book, and monitor P&L sign-off to investigate and escalate discrepancies.
• Assist in the publication of Daily Risk & Performance Reports, maintaining high data quality and consistency.
• Develop or update KPIs and dashboards using Microsoft Power BI to enhance visibility into operational and financial performance.
• Collaborate with Front Office, Back Office, and Accounting teams to maintain accurate book structures across multiple legal entities.
• Monitor trader risk mandates, track limit usage, and report breaches promptly.
• Contribute to the estimation, modeling, and computation of various reserves, including credit, liquidity, inception, model, intermittency, shape, and volume reserves.
• Validate and benchmark forward and settlement curves for consistency with market data; oversee exotic parameters such as hourly shape factors, scalar ratios, and B/A spreads for liquidity reserves.
• Participate in initiatives to automate Middle-Office processes, improving 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.
• 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.
• 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.

Requirements

• Bachelor’s degree in Finance, Engineering, Mathematics, Economics, or a relevant field.
• Minimum of 2 years of experience in a Middle-Office or similar analytical environment within the energy, commodities, or a relevant 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.
• Knowledge of SQL and Python is highly desired.
• 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 a hybrid work policy, requiring a minimum of 3 days in the office per week. Must comply with all ENGIE ethics and safety policies.

Pay

Salary Range: $77,100 – $118,220 USD annually. The actual salary offered may vary depending on geography, experience, education, and internal pay alignment. This position is also eligible for a competitive bonus/incentive plan.

Benefits

• Comprehensive medical, dental, and vision insurance.
• Employer-paid short-term and long-term disability insurance.
• Employee Stock Purchase Plan (ESPP).
• Generous paid time off, including wellness days, holidays, and leave programs.
• 401(k) Retirement Savings Plan with company match.
• Supplemental benefits for emotional and physical well-being, including family-forming and caregiver benefits.