Power Markets Traineeship

About US (GEMS):

Welcome to the world of Global Energy Management & Sales (GEMS), where the future of energy meets the vibrant pulse of innovation! As the powerhouse of ENGIE's leading energy supply, trading, and risk management business, we've been igniting change and steering the course of energy evolution for over two thrilling decades. 

Picture this: a dynamic team of 3,800 passionate minds spread across +20 international business platforms, collectively crafting solutions that transcend boundaries. We're not just in the energy business; we're in the business of shaping the future—yours included. 

Dive into a realm that covers the entire spectrum of energy possibilities – from renewable and thermal power to natural gas & LNG, biomass, and environmental products. Our experts, armed with a vast array of skills in energy management, are sculpting tailor-made solutions with an unwavering focus on decarbonization and decentralization. 

But it doesn't stop there. GEMS is not just a workplace; it's a playground for the curious minds and the bold dreamers. Our +120,000 clients, ranging from producers to financial players, utilities to industrials, are part of a global family that spans the entire energy value chain. We are the architects of change, responding with agility to the evolving landscapes of both established and emerging markets. 

What sets us apart? Four pillars of expertise that define our DNA: 

• Asset management 
• Energy transition services 
• Energy supply & global commodities 
• Risk management & market access 

But it's not all business at GEMS. Breakthrough moments, team spirit, unbridled curiosity, and innovation are not just encouraged; they are celebrated. And amidst all the excitement, we prioritize the balance between work and life, ensuring you can thrive both professionally and personally. 

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

 🚀 Embark on a Thrilling Journey with ENGIE GEMS's Power Markets Traineeship Program! that will last 3 years allowing you to make one desk rotation per year 🌟 

Welcome to the pulsating heart of ENGIE's Nort Western Europe power activities, where innovation meets energy revolution! 🌐 Our Power Cluster is the epicenter of power products origination, structuring, trading, and optimization covering a dazzling array of assets: from renewables, batteries, hydro, thermal assets to our downstream customers. 

Picture this: Early 2016 marked the birth of the Energy Transition Services department (ETS) within GEM, igniting the ambition to "accelerate the energy transition through market solutions." Fast forward to today, and we are orchestrating a wind & solar portfolio that boasts a staggering 6 GW in NWE, of which 3,5 GW in Germany alone. 

🔥 The newest sizzle in our lineup? Brace yourselves for the Storage evolution! 🌈 As we gear up to manage the group’s first first colossal battery (200MW) in Belgium starting mid-2025, the Power Cluster teams are set to conquer uncharted territories of electrifying challenges. 

Now, feast your eyes on the crown jewel - the Power Markets Traineeship Program! 🚀 This exhilarating odyssey is meticulously designed to immerse you in the rhythmic heartbeat of the power markets, offering an unparalleled, hands-on experience over three dynamic rotations. Each year-long adventure unfolds across different desks within the NWE power cluster. 

Dive into the dazzling rotations featuring:  

🔄 Trading (Renewable and Asset Backed Trading)  

🔄 Renewable Power Structuring  

🔄 Structured Products Origination  

🔄 Renewables Operations  

🔄 Power Plant Portfolio Management  

🔄 Quantitative Analysis Team  

🔄 Market Analysis Teams 

Role:

1.  Trading Rotation (Renewables and Asset Backed): 

• Assist in executing trades and managing risk in various energy markets. 
• Analyze market trends, monitor price movements, and identify trading opportunities. 
• Collaborate with traders and analysts to develop pricing methodologies and trading strategies. 

2.   Renewable Power Structuring Rotation: 

• Support the structuring team in designing and implementing innovative renewable energy products and solutions. 
• Identify the different risks embedded in our renewable energy offerings and translate them in risk bricks that can be quantified and represented in our risk management systems. 
• Collaborate with legal and risk management teams to ensure compliance and mitigate risks. 
• Assist in pricing and valuation of structured energy products. 

3.   Structured Power Origination Rotation: 

• Identify and evaluate potential opportunities on Structured Power products mainly focused around asset flexibility (Batteries, pump storage, CCGTs, ..). 
• Collaborate with internal and external stakeholders to negotiate and structure contracts. 
• Assist in executing client flow business. 
• Assist in pricing and valuation of structured energy products. 

4.   Renewables Operations 

• Ensure the right representation of Renewable Trading Power contracts in IS systems in order to provide the trading desk with the correct portfolio position and ensure the correct real-time position exposure  
• Communicate with park owners to gather operational/technical issues and inform the most accurate information to forecaster 
• Apply data management best practices and be the guardian of data quality 

5.   Power Plant Portfolio Management Rotation: 

• Represent the physical and financial exposure of batteries, pump storages, wind, solar and other assets  
• Monitor, analyze and report portfolio performance 
• Design the most effective hedge products to reduce risk and maximize portfolio value. 
• Collaborate with cross-functional teams to ensure efficient asset operations and maintenance. 

6.   Quant Rotation: 

• Utilize quantitative models and tools to analyze market data and develop trading strategies. 
• Conduct statistical analysis and modeling to assess market risks and optimize trading decisions. 
• Collaborate with traders and analysts to develop and enhance quantitative models. 
• Assist in back-testing and validating trading strategies. 

7.   Market Analysis Rotation: 

• Conduct research and analysis on energy market trends, including supply and demand dynamics. 
• Monitor regulatory developments and assess their impact on the energy market. 
• Prepare reports and presentations on market analysis for internal and external stakeholders. 
• Collaborate with other teams to provide insights and recommendations based on market analysis. 

This is a front office role, working in a dynamic trading floor environment and in close collaboration with internal and external stakeholders. 

Requirements:

Master's degree in a quantitative discipline such as finance, economics, engineering, data science or mathematics. 

• Strong analytical and quantitative skills. 
• Excellent communication and interpersonal skills. 
• Ability to work independently and in a team. 
• Proactive and self-motivated with a strong desire to learn and contribute. 
• Knowledge or interest in the energy industry and sustainability. 
• Proficiency in relevant software and programming languages (e.g., Excel, Python, R) is a plus. 
• Willingness to move internationally after the end of the traineeship 
• Fluent in English, any other languages is a plus 

Working place:

Brussels, with occasional travels within NW Europe

Benefits:

• Comprehensive training and mentorship throughout the program. 
• Exposure to various aspects of the energy market and its transition. 
• Opportunity to work with industry experts and professionals. 
• Competitive compensation package. 
• Potential for career advancement within the organization. 

Note: This job description is intended to provide a general overview of the traineeship program and its rotations. The specific responsibilities and tasks may vary based on the needs of the organization and the trainee's skills and interests. 

Become the architect of your destiny as this program shapes you into a well-rounded professional, primed to contribute to our lofty mission of propelling the energy transition into the stratosphere. 🚀 At the culmination of your Traineeship, the world is your playground - choose to soar within one of these desks or take flight abroad to support GEMS' international expansion. 

Seize this opportunity to ignite your career and become a trailblazer in shaping the future of energy! Apply now and let your journey with ENGIE begin! 🌟 #PowerYourPassion #ENGIEJourney #EnergyRevolution 🚀✨ 

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. 

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.