Power Structuring Manager

ENGIE is committed to reshaping the energy future through the global implementation of a lower carbon energy economy in order to preserve the world’s natural resources.  We are looking for talented and driven people who are committed to making the vision a reality.

Perform structuring and pricing of complex power and gas transactions for ENGIE Energy Marketing North America (EEMNA), with a focus on renewables. Develop fundamental and financial models to price market risk in the U.S. power and gas markets. Support traders and originators during negotiations. Propose management strategies for the existing portfolio of ENGIE Energy Marketing North America (EEMNA).

This position is located in Houston, TX and reports to the Vice President of Structure Power Orinination.

What you’ll do:

• Perform structuring and pricing of complex power and gas transactions Apply knowledge in power market, understanding of renewable asset operation and data mining methods to develop fundamental views on the evolution of energy market in a high renewable environment.
• Develop pricing model to value various risks in renewable energy off-taking transactions.
• Structure hedging products tailored to client’s need and ENGIE Energy Marketing North America (EEMNA)’s risk appetite.
• Develop fundamental models to price market risk in Texas and Easternpower markets
• Develop models to price traditional products in power markets such as Tolling Agreement and Heat Rate Call Options.
• Structure and value Asset Management Agreement and Capacity Release deals for pipeline and storage assets. Facilitate the RFP process with gas producers, LDC’s and other energy companies.
• Price customized renewable off-take deals
• Perform fundamental analysis in power markets to understand the dynamics in demand, supply and infrastructure.
• Support traders and originators during negotiations
• Perform pricing on request, provide analysis and assist in the negotiations of structured transactions
• Propose management strategies for the existing portfolio of ENGIE Energy Marketing North America (EEMNA)
• Develop and propose new ideas to manage risks in the existing portfolio of ENGIE Energy Marketing North America (EEMNA), in order to reduce risk and/or improve return

What you bring:

• Bachelor of Science or Bachelor of Engineering in Math/Physics/Economics/Finance/Statistics is preferred
• MS/ME or MBA in Finance and/or CFA is preferred
• An advanced degree in a quantitative discipline and/or MBA is highly preferred
• A minimum of 7 years’ experience in related field is required. Preference in energy industry
• Extensive knowledge in US natural gas and power markets. In-depth understanding of structured energy commodity transactions, particularly in the renewables markets
• Ability to interpret complexity in contracts, tariffs, regulations, market rules.
• Ability to grasp power plant operations concepts and understand their implication in commercial transactions.
• Strong quantitative and analytical skills as well as demonstrated expertise in developing Excel-based pricing models
• Entrepreneurial and self-motivated spirit with creative and inquisitive mindset.

Additional Information/Conditions:

• Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future
• Must be willing and able to comply with ENGIE’s policy with respect to COVID vaccination and testing
• Must be willing and able to comply with all ENGIE ethics and safety policies
• Ability to meet highest attendance requirements
• Ability to communicate effectively, both written and verbally
• Ability to handle multiple assignments on a timely basis with a high degree of accuracy
• Ability to use a company computer, calculator,
• Could involve some lifting
• Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job
• Reasonable accommodations may be made to enable individuals with the needed assistance to perform the essential functions 
• Eligible for a hybrid schedule consisting of in-office and work-from-home opportunities

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. 

Unite with us in leading the transformation of the world of energy!  ENGIE is looking for talented and motivated individuals to create the future of energy and customer solutions.  Join a rewarding and flexible work environment that encourages innovation and creativity to help customers meet their energy challenges today and in the future.  Are you up for the challenge?

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment.  All employment decisions at ENGIE are based on business needs, job requirements, and individual qualifications.  ENGIE is committed to providing equal employment opportunities regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity, or gender expression (including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service or veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as “protected characteristics”) as defined by applicable federal, state or local law in the locations where we operate.

• Salary Range: $92,395 - $236,600, annually
• Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors
• In addition to salary, this position is eligible for a competitive bonus / incentive plan
• At ENGIE we understand that benefits matter, we offer competitive benefit options including medical, dental and vision coverage, life insurance, employer paid short-term and long-term disability insurance, paid vacation, holidays, sick leave, parental leave, and a 401(k) Retirement Savings Plan option with a company match
• More information can be found here: Discover our employee benefits

ENGIE complies with all federal, state, and local minimum wage laws.

Your talent acquisition partner can share more specific information regarding the salary for the position based on the work location.

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.