Middle Office Analyst - EVERGREEN

This is an evergreen posting. Submitting your resume will allow ENGIE recruiters to contact you when new opportunities arise. For immediate openings, please visit the ENGIE career page.

About the role

Under the supervision of the ENGIE Energy Marketing North America (EEMNA) Middle‑Office Manager, the Middle‑Office Analyst, Risk & Finance supports daily Mark‑to‑Market (MtM) reporting, P&L validation, and sign‑off monitoring. The analyst ensures consistent and accurate publication of daily Risk & Performance Reports, assists with book structure management across multiple legal entities, and adheres to trader risk mandates. The role also involves estimating and modeling various reserves, validating forward/settlement curves, and enhancing reporting capabilities using tools such as Power BI.

Responsibilities

• Daily MtM (Mark‑to‑Market) Reporting: Compute and initially validate 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, provide clear explanations by desk, KPI, and book; monitor P&L sign‑off and investigate discrepancies.
• Risk & Performance Reporting: Assist in publishing Daily Risk & Performance Reports with high data quality; develop or update KPIs and dashboards using Microsoft Power BI.
• Book Structure Management (Multi‑Legal Entity): Collaborate with Front Office, Back Office, and Accounting to maintain accurate book structures across legal entities and align hierarchies with organizational requirements.
• Trader Risk Mandate & Reserve Calculations: Monitor trader risk mandates, track limit usage, and report breaches; contribute to estimation, modeling, and computation of credit, liquidity, inception, model, intermittency, shape, and volume reserves.
• Forward and Settlement Curves Validation (Price Control): Validate and benchmark forward and settlement curves against market data; oversee 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; collaborate with IT to implement and maintain user‑friendly Power BI reports.
• Cross‑Functional Collaboration: Partner with Front Office, Credit, Market Risk, Operational Risk, Legal, Finance, and Accounting teams to manage exceptions and align valuation methodologies.
• Audit & Compliance: Coordinate with internal and external auditors on controls related to MtM, P&L, and reserve calculations; ensure adherence to regulatory requirements, internal policies, and best practices.

Qualifications

• 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).
• 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, fast‑paced environment and manage multiple projects concurrently.
• Commitment to company policies, procedures, and applicable regulatory standards.

Benefits

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