Portfolio Mgmt Analyst II

What You Can Expect

As our Portfolio Management Analyst II, you will play a critical cross-functional role supporting Portfolio Managers in overseeing day-to-day operations, with a focus on the Northeast deregulated power markets (PJM, NEPOOL, NYISO, and MISO). You will provide direct analytical and operational support including validating and submitting day-ahead energy schedules, producing and reconciling daily Net Operating Profit (NOP) and Mark-to-Market (MtM) reports, and aggregating revenue and cost data to assess portfolio gross margin. In partnership with regional Portfolio Managers, you will assist in identifying risks, recommending hedge strategies, and executing actions to manage price and volume risk exposures within the retail power business. You will also contribute to the development and calibration of forward price curves and costing assumptions for full-requirements products, helping to ensure ENGIE remains competitive and aligned with sales objectives. Additionally, you will coordinate with internal departments to validate customer revenue and ISO settlement data for profitability analysis, and engage cross-functionally with teams including Sales, Business Development, Origination, Structuring, Trading, Operations, Risk Management, Marketing, and Digital.

This position is based in Houston, TX, and reports to the Director of Portfolio Management

- Support portfolio management activities including: validate and submit day-ahead energy schedules, produce and reconcile daily position and mark to market reports, and aggregate revenue and cost data to measure portfolio margin

- Participate in the development and calibration of historical and forward pricing curves for power, natural gas, ancillary services, renewable energy credits and all other cost components of full requirements retail electricity products

- Research complex business problems and identify opportunities to design, develop, and propose actionable solutions in support of costing, portfolio management and margin analysis activities

- Support the development and enhancement of models and system platforms to support costing and portfolio management activities

- Research and produce ad-hoc analysis on market fundamentals, risk exposure, customer load characteristics, various cost components and regulatory issues to enhance competitiveness, optimize risk exposure and improve the profitability of the retail portfolio.

- Coordinate with various functional groups to review and validate customer revenue and ISO settlement data to gain insights into portfolio profitability. Provide insight into the drivers of portfolio value from budget development through final settlement

- Support new product development activities through coordination with various internal functional groups

What You’ll Bring

- You hold a Bachelor’s degree in a quantitative discipline such as Business, Economics, Engineering, Accounting, Mathematics, or Computer Science. In lieu of a degree, a combination of at least five (5) years of relevant professional experience and applicable education or certifications will be considered

- A minimum of two (2) years of work-related experience where you have applied analytical skills, supported data-driven decision-making, and contributed to portfolio management, energy markets

- You are a strong problem solver with excellent analytical and statistical skills, capable of presenting complex technical insights to a broad audience, including senior leadership

- You have strong oral and written communication skills, along with a high level of attention to detail and the ability to perform under tight deadlines

- You are knowledgeable in energy market fundamentals, retail power pricing methodologies, and hedging practices to manage shape and swing risk

- You have proficiency in MS Excel and experience working with large datasets using tools such as VBA, SQL, Power BI, and Python

- You are highly organized with sound reasoning skills and a logical, data-driven approach to planning and execution

Additional Details

- This role is eligible for our hybrid work policy hybrid work schedule of both in-office and work-from-home days

- Must be willing and able to comply with all ENGIE ethics and safety policie

Compensation

Salary Range: $67,500 – $103,385 USD annually

This represents the average expected pay range for a qualified candidate.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

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.

ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace for all employees. We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

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.

We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.

Business Unit: GEMS

Division: GEMS - BP US SUPPLY

Legal Entity: ENGIE North America Inc.

Professional Experience: Junior (experience < 3 years)

Education Level: Bachelor's Degree

Why this matters to us

Our organisation is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We offer reasonable accommodations upon request for individuals with disabilities.