ENGIE

Risk Control Analyst, Temporary

Houston, TX

Temporary

About This Job

What You Can Expect

Under the supervision of the Risk Control Manager at ENGIE Energy Marketing N.A. (EEMNA), you will support the preparation and communication of EEMNA’s commodity positions, profit and loss (P&L) reporting, and key market risk metrics. Your responsibilities will include reviewing, verifying, and explaining daily official metrics such as P&L, Value at Risk (VaR), drawdowns, stress tests, and Greek limits. You will assist in coordinating the New Product Analysis (NPA) process for new products, markets, or models, and contribute to Economic Value Added (EVA) evaluations by helping model the cost of market and credit risk for structured transactions. Additionally, you will provide quantitative support to the Credit Risk team in managing counterparty credit risk metrics, including Potential Future Exposure (PFE), Credit VaR (CVaR), Credit Value Adjustment (CVA), Debt Value Adjustment (DVA), Probability of Default (PD), Loss Given Default (LGD), and recovery rate assessments.

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Participate in the Economic Value Added (EVA) analysis on certain proposed transactions that exceed the EEMNA Delegation of Authority (DoA) by computing cost of market and credit (CVA/DVA)

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Monitor Delta/Vega position against the limit daily

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Explain daily P&L by desk, book, or transaction

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Monitor daily: V@R, Stress test, Drawdown

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Help maintain and improve the EEMNA Price Control framework by automating price upload, mapping, and creating vanilla and exotic forward curve when needed

What You’ll Bring

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You hold a Bachelor’s degree in which you completed courses in Finance, Economics, Business Administration, or we will accept three (3) years of relevant working experience where you gained hands-on skills in the commodity energy industry or in the the investment banking industry

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This is an entry-level position, and prior experience is not required. You will be expected to deliver high-quality support on projects related to data analysis, reporting, and operational process improvement, while gaining hands-on experience in a professional environment

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You are a collaborative team member who works effectively with colleagues across departments and communicates clearly, both verbally and in writing

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You have strong attention to detail and the ability to follow policies and procedures while contributing to a fast-paced, high-performance environment

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You are knowledgeable in energy commodity trading and financial market theory, with a foundational understanding of option pricing models such as Black-Scholes, binomial trees, and Greeks

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You are proficient in querying and handling large datasets using tools like SQL, VBA, and Power BI

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You have a solid understanding of statistics and probability theory as applied to finance, including concepts such as Brownian motion

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You are familiar with V@R methodologies (Monte Carlo, parametric, and historical) and volatility forecasting techniques like EWMA and GARCH(1,1)

Additional Details

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This role is eligible for our hybrid work policy consisting of a minimum three (3) days in the office at the Houston, TX office

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

Compensation

Hourly Range: $32.40- $43.18 USD hourly

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

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

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.

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

This role includes eligibility for enrollment into ENGIE’s 401(k) retirement plan, providing employees the opportunity to plan for their financial future. ENGIE’s 401(k) offers pre-tax and Roth enrollment with a competitive employer match.

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.

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 AMERICAS

Legal Entity: ENGIE ENERGY MARKETING NA, INC.

Professional Experience: Skilled ( >3 experience <15 years)

Education Level: Bachelor's Degree

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