Quantitative Analyst, Senior - Asset Portfolio Management and Structuring

What You Can Expect

As a Senior Quantitative Analyst, you will report to Head of Asset Portfolio Management & Structuring, you will leverage ENGIE’s large-scale Renewable and Battery Storage Portfolio to commercialize industry-leading Clean Power Product structures. You will play a pivotal role in developing next-generation models and strategies to facilitate first-of-a-kind market products. Working within the Renewable and Battery Storage Portfolio Management Team, you will apply knowledge of both traditional and exotic market products, coupled with a quantitative approach to modeling risk, that supports new transactions.

 

You will develop, maintain, and standardize models utilized to assess future value and risk associated with transactions conducted with the intent to maximize ENGIE portfolio value and minimize risk. You will utilize understanding of power markets, risk, renewables, and battery storage to formulate strategies by which to manage future risk introduced by new transactions and/or changing market conditions. Example functions include:

 

• Developing statistical models that value current and future renewable and battery storage generation sold to downstream large energy consumers
• Structuring exotic commercial products tailored to client’s sustainability needs and within desired risk limits
• Standardized hedging and trading strategies intended to mitigate risk associated with complex bundled energy products
• Pricing customized renewable off-take deals

 

In support of the aforementioned functions, you should also be able to assist in developing, maintaining, and streamlining fundamental and statistical models to assess market risk in Texas (ERCOT), Mid-Continent (SPP & MISO) , and Eastern (PJM) Power Markets. Example activities include:

 

• Developing models to price bundled energy products in power markets
• Establishing a fundamentally-backed perspective on future capacity and congestion markets across Wholesale Power Markets
• Perform fundamental analysis in both Power and Gas Markets to understand the dynamics in demand, supply and infrastructure

 

You are also expected to support traders and originators during negotiations. Supporting responsibilities include:

 

• Providing updates to pricing upon request, providing supplemental analysis and assisting in the negotiations of structured transactions
• Proposing risk management strategies for the existing ENGIE portfolio with the intent of maximizing portfolio value and minimizing risk

 

 

 

 

What You’ll Bring

• Bachelor of Science in which you completed coursed in Engineering/Math/Physics/Economics/Finance/Statistics or other related disciplines
• 5 years’ experience in related field
• Strong background in probability and statistics, with comprehensive understanding risk
• Ability to develop code-based models (python preferred) with understanding of cloud hosted environments (GCS, AWS, Azure) an added benefit
• Knowledge in US Natural Gas and Power Markets. In-depth understanding of structured energy commodity transactions, particularly in the renewable energy
• Ability to interpret complexity in contracts, tariffs, regulations, market rules.
• Ability to grasp the concepts of power plant operations and understand their implication in commercial transactions. Role will have a heavy focus on renewables and battery techn