Power Structuring Manager

As a Power Structuring Manager in Houston, you will report to Vice President of Origination and Structuring and you will perform structuring and pricing of complex power and gas transactions for ENGIE Energy Marketing North America, with a focus on renewables. You will develop fundamental and financial models to price market risk in the U.S. power and gas markets. You will support traders and originators during negotiations and propose management strategies for the existing portfolio of ENGIE Energy Marketing North America.

• Develop pricing model to value various risks in renewable energy off-taking transactions.
• Structure hedging products tailored to client's need and EEMNA's risk appetite.
• 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 Request For Proposal process with gas producers, local distribution companies 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.
• 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
• Develop and propose new ideas to manage risks in the existing portfolio of ENGIE Energy Marketing North America, in order to reduce risk and/or improve return

What You'll Bring

• Bachelor of Science or Bachelor of Engineering in a quantitative discipline which you completed courses in Math/Physics/Economics/Finance/Statistics
• A minimum of 7 years of experience in related field
• 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. Role will have a heavy focus on renewables and battery technology
• 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 Details

• This role is eligible for our hybrid work policy
• 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
• Could involve some lifting

Compensation

Salary Range: $128,400 - $196,765 USD annually

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.

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 based on the work location

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.

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 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 [email protected]. 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.

This role is eligible for sponsorship.

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.

Contract Type: Permanent

Job Type: Full - Time

Professional Experience: Skilled ( >3 experience

Education Level: Bachelor's Degree