Market Risk Officer (Global Risk Analytics)

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertise:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

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

Context:

You will be part of the Global Risk Analytics team (8 people) of which 7 members are operating from Paris but this position will be located in Singapore. The team is in charge of the Market Risk monitoring of the GEMS (Global Energy Management) Business Unit of ENGIE and its regulated entity EGM (Engie Global Markets). In Singapore, you will benefit also from the experience and the support of the local Market Risk team who are in charge of the local monitoring of the Asia Pacific Business Platform and Australia Business Platform of GEMS.

You will evolve in a collaborative team that thrives in a dynamic, technology and data driven environment. Your contributions will directly impact our commitment to excellence and innovation within the Risk Expertise center of GEMS.

We are committed to producing and reporting of key risk metrics, providing timely insights to relevant stakeholders across the organization. As stewards of risk governance, we design and maintain robust frameworks for market risk measurement, limit setting, and control, ensuring alignment with regulatory requirements and internal policies.

Collaborating closely with trading desks, operating in a global environment in the fast changing Commodity World, we foster collaboration and knowledge sharing across regions and business lines, leveraging diverse perspectives to enhance risk awareness and decision-making with our priority objective to uphold the integrity of GEMS & EGM risk management framework across all countries and Business Platforms.

Our expertise in market risk management extends to the development, enhancement and validation of risk models, systems, and processes, driving continuous improvement and innovation, partnering tightly with Quant Risk & Front Office as well as IT teams.

Digital is at the heart of the team DNA, leveraging on cutting edge technologies and analytical tools , we integrate digital solutions seamlessly into our operations to foster agility, increase our ability to extract actionable insights from vast volume of data.

Role:

As the Global Risk Analytics representant in Singapore, you will be key to ensure the good sharing of information, knowledge and market risk standards & practices between your global team (Global Risk Analytics) and Asia Pacific & Australia Market Risk teams.

On a daily basis, you will work in close collaboration with other team members in Paris and interact with Front Office and other Support functions in Singapore.

Key Responsibilities

Model and New Product Validation: Support the validation of risk models and the assessment of new products or business initiatives to ensure their compliance with internal risk management policies and regulatory requirements.

Risk Assessment: Conduct comprehensive risk assessments and scenario analyses to evaluate the potential impact of various risk events. Participate in risk identification workshops and meetings to contribute insights and perspectives on potential risks and their implications.

Risk Monitoring and Reporting: Prepare regular risk reports and dashboards for senior management and the board of directors, highlighting emerging risks and areas of concern.

This position provides an excellent opportunity to gain hands-on experience in risk identification, assessment, model & product validation, while contributing to the overall effectiveness & transversality of our risk management processes.

Hard skills:

• Must have:

• Data Analysis: Proficiency in data analysis tools and techniques, including Excel & Python to analyze and interpret complex data sets related to market risk.

• Financial Knowledge: Understanding of financial markets, instruments, products to assess their impact on market risk.

• Risk Management Principles: Knowledge of risk management principles, methodologies, and best practices, including risk identification, assessment, mitigation, and monitoring.

• Model Validation: Understanding of risk models and quantitative techniques used for market risk measurement and validation, including VaR (Value at Risk) and stress testing methodologies.

• Good to have:

• Regulatory Compliance: Familiarity with regulatory requirements and industry standards governing market risk management

• Commodity Markets : knowledge of the Commodity World is a plus.

Soft skills:

• Communication: Effective communication skills, both verbal and written, to convey complex risk concepts and findings to stakeholders at all levels of the organization.

• Analytical Thinking: Strong analytical and problem-solving skills to analyze data, identify trends, and make informed decisions about market risk exposures.

• Teamwork: Collaborative mindset and ability to work effectively as part of a team, supporting colleagues and contributing to a positive and inclusive work environment.

Education and professional background:

• Master's degree in finance, risk management or a related field.
• 2+ year of experience in Market Risks, preferably in a Banking or Utilities company in a Trading environment. Previous experience in a leadership or senior management role is highly desirable.

Languages:

• English

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.