Market Risk Analyst I- (Temporary)

What You Can Expect

As our Market Risk Analyst I - Risk and Finance, you will work under the supervision of the Head of Market Risk at ENGIE Energy Marketing N.A. (EEMNA). In this role, you will support the preparation and communication of EEMNA's commodity positions, monitor key market risk metrics, enforce risk mandates, and model complex structured deals. You will assist in the review, verification, and explanation of official daily risk metrics such as Value at Risk (VaR), drawdown, stress testing, Greek limits, and other relevant indicators. Additionally, you will help identify market risks and contribute to the development and monitoring of risk mitigation strategies. A key responsibility will be leading modeling efforts related to the valuation and risk assessment of structured deals within the Energy Trading and Risk Management (ETRM) system. You will also support broader market risk management services for ENGIE North America.

This position may be remote in California or hybrid at the Houston, TX office.

• Work closely with traders on hedging/trading strategies, risk monitoring, and risk reporting
• Participate in the New Product Agreement (NPA) process to assess all the potential Front to back requirements for market risk with any new commodity, product, market, instrument, structured deal, or model
• Perform risk data reporting for renewable business to CRO, EEMNA, LEMC, and GEM
• Work closely with renewable business unit on forecast production volume update in ETRM
• 
  

  Act as project coordinator on IT development related to market risk and structure deal modeling

  
  

What You'll Bring

• You hold a Bachelor degree in Science, Econometric applied to finance, or we will accept three (3) years of relevant working experience where you gained hands-on skills in the commodity energy industry or in the investment banking industry
• This is an entry-level position, and prior experience is not required, you will be expected to deliver high-quality support on projects related to IT development for market risk and structured deal modeling. You will contribute by clearly communicating with stakeholders, gathering requirements, and helping coordinate tasks across teams, while building foundational knowledge in market risk management
• You are an active contributor to the New Product Agreement (NPA) process, supporting risk assessment for new commodities, products, markets, instruments, and structured deals
• You have exposure to supporting internal and external audits, regulatory reporting under EMIR, and preparing risk committee materials in collaboration with other risk functions
• You are knowledgeable in market risk metrics, valuation of structured transactions (e.g., PPAs and BESS revenue swaps), and renewable energy risk reporting across business units
• You work closely with commercial and renewable teams to update forecast production volumes and enhance deal modeling and valuation in ETRM systems
• You are proficient in handling large datasets using tools such as SQL, VBA, Power BI, and Oracle to support data analysis and reporting
• You have a strong foundation in financial markets, energy commodity trading, and applying statistics and probability theory to market risk modeling

Additional Details

• This role is eligible for our hybrid work policy consisting of a minimum three (3) days in the office at the Houston, TX office
• Must be willing and able to comply with all ENGIE ethics and safety policies

Compensation

Hourly Range: $25.00 - $42.00 USD hourly

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location

This role includes eligibility for enrollment into ENGIE's 401(k) retirement plan, providing employees the opportunity to plan for their financial future. ENGIE's 401(k) offers pre-tax and Roth enrollment with a competitive employer match.

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.

ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace 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 ENGIENA-ENGIEHR@engie.com. 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.