Senior Portfolio Optimiser
Southbank, AU, 3006
- Power the future, together with ENGIE!
- Join our Global Energy Management & Sales business!
- Hybrid & located at our Freshwater Place offices in Southbank
ENGIE is a global energy player with over 97,000 employees across more than 30 countries. All of our teams’ efforts are unified in support of the transition to a carbon-neutral economy, by providing innovative energy solutions to households, businesses and communities.
Our global ambition, as a pioneer of the renewable energy transition, is to champion carbon-neutral energies and achieve an affordable, reliable net-zero energy system by 2045.
Zero. You may think it’s nothing, but to us at ENGIE… zero is everything!
The opportunity:
The Global Energy Management & Sales (GEMS) business unit is the fully integrated trading arm of the ENGIE Group. GEMS teams manage a large and highly diversified energy portfolio and provide a range of trading risk management solutions to all types of market participants in Europe, Asia Pacific and in the Americas.
The position of Senior Portfolio Optimiser will play a pivotal role in providing strategic advice and analysis of the ENGIE business units with respect to risk management, hedging and energy supply, with an initial focus on the thermal generation assets (gas/diesel power stations) as well as our retail gas portfolio.
The role works closely with analytics and energy traders calibrating and validating key model assumptions for critical trading positions.
Responsibilities will include:
- Ensuring the assets’ expected revenue, production, and associated risks and modelled appropriately, including working with IT and analytics team (who build the models) to improve the models and make sure they are regularly updated.
- Defining the needs of different stakeholders of the models and ensure these needs are met by the models
- Work with the BUs to help them understand model outputs and what this means in terms of risks and implications
- Propose hedge strategies to the BUs which fit within their risk mandates, and are realistic in terms of execution in the market
- Monitor and track execution of the strategies, and present regular updates to the BUs via the Hedge Committee meetings (run by our team and involving senior management of all the GUs)
About you:
- Excellent stakeholder management skills
- Deep knowledge of energy markets and trading
- Experience appraising risk and financial models and scoping model creation
- Demonstrated experience evaluating complex commercial projects
Next Steps:
If this sounds like the role for you, we welcome your application.
All applicants must have unlimited rights to work in Australia.
Please note we consider applications on an ongoing basis and therefore encourage you to apply at your earliest opportunity.
ENGIE is an equal opportunity employer, promoting diversity and committed to creating an inclusive environment for all. All applications are screened based on business needs, job requirements and individual qualifications, without any regard to origin, age, carer’s responsibilities, sexual orientation, gender identity, pregnancy, religion, marital status, health, disability or political opinions. Aboriginal and Torres Strait Islander peoples, people with disability, people from diverse cultural and linguistic backgrounds and people of the LGBTIQA+ community are encouraged to apply. Our differences are our strengths!
About us
ENGIE has operated in Australia since 1996 and is supporting the transition to a carbon-neutral economy by providing energy solutions to households, businesses and communities.
Globally, ENGIE has been driving innovation for more than 180 years. Today, ENGIE is changing the face of energy and services by creating and developing a diverse range of energy solutions, supported by global expertise, and delivered by local teams who understand their local markets.
In Australia we have an ambitious goal – to achieve net zero by 2045 by deploying renewable energy, green hydrogen, storage and e-mobility infrastructure at pace, while leading the transformation from coal-fired power to a clean energy future at our Hazelwood Rehabilitation Project.
Our Business Units
Flexible Generation & Retail
- Our retail energy business has more than 700,000 customer accounts and is at the forefront of
low-carbon products, services and technologies which help Australian households manage
their energy bills and emissions. - Our gas power plants in South Australia are an essential component of our strategy to achieve a sustainable energy future. ENGIE highlights the essential role of gas-fired plants to offer dispatchable generation to complement renewables, and our support of policies to keep them in the market.
- The Hazelwood Rehabilitation Project is a dedicated business stream leading the safe, stable and sustainable rehabilitation of the former Hazelwood Power Station and Mine, which ceased operation in 2017.
Renewables
- ENGIE is committed to developing an efficient power generation portfolio in Australia comprising renewable and non-renewable sources. We aim to generate over 3,000 MW of energy through solar, wind and industrial-grade batteries to help Australia achieve a more sustainable, affordable and dependable energy network.
- Globally, ENGIE added 3.9 GW of renewable capacity in 2022, bringing the total 100% renewable installed capacity to nearly 38 GW at end-2022. By 2030, 58% of the Group’s energy production will be renewable.
- ENGIE is building the future of electric vehicle fast charging stations in Australia for both fleets and the public. ENGIE is aiming to be operating 300 charging points across Australia by 2024. With approximately 1,000 charge points scheduled to be installed by 2025, this will mean the ENGIE public rapid charger network will be accessible within 10km for around 80% of the Australian population, and our Fleet network will be helping business and government to accelerate their decarbonisation goals.
Global Energy Management & Sales (GEMS)
- 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 leading the Australian green corporate Power Purchase Agreement (PPA) market, with several high-profile partnerships including Coles, Pepsi, L’Oréal Australia, Sanitarium, Veolia and NAB.
- Ensures a secure and sustainable energy future for B2B clients in line with a low carbon strategy by supporting customers in the transition towards a carbon neutral economy by offering them innovative, competitive and green solutions. As well as through providing best in class risk management services tailored to our customers’ individual needs.
- GEMS has expertise in energy supply and global commodities; risk management and market access; green & low carbon solutions; and asset management and flexibility services.