Alternant - Weather & Energy Structurer (H/F)

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 expertises:

• 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 or LinkedIn.

Context

The Weather & Energy Solutions (WES) is a dedicated trading desk in charge of managing the weather risks of the ENGIE Group's BUs and supporting the development of GEMS commercial activity around weather derivatives.

In addition to its privileged position as the unique trading interface of ENGIE Group on the weather markets, WES contributes to improving the Group's financial performance through its weather risk outsourcing mission in a global business model that is increasingly sensitive to weather risks with the development of renewable energy production. We are looking for a 12-month work-study student starting in September 2024.

Location: La Défense - Tour T1 - ENGIE

Role

Within WES, the role of the Weather & Energy Structurer is to:

• Provide our clients with a deep knowledge of their weather risks by analyzing, representing and quantifying their risks structure.
• Assist and advise our clients in defining, designing and implementing various strategies to reduce their weather risks.
• Structure and trade weather hedges on behalf of our clients, in collaboration with capacity providers and traders.
• Monitor and explain to our clients the performance of the weather hedges and offer continuous improvement of their coverage throughout the covered period.
• Develop and improve our modeling and pricing IT tools.
• Contribute to develop and improve our risk methodological corpus: working with Market Risk to improve temperature autocorrelation model and enhance the Risk Framework.
• Exploring new hedging strategies and onboard new capacity providers.
• Participate to transversal projects and expert groups aiming to drive a consistent transformation of the weather risk management activities within the Group.
• Comply with GEMS internal procedures and compliance policies.
• This is a front office role, working in a dynamic trading floor environment and in close collaboration with internal stakeholders.

Hard skills

• Must have:
  • Proficient in Object-Oriented Programming
  • Proficient in Python 3.7 (Numpy, Pandas, Sklearn, Seaborn) and Excel VBA
  • Remarkable experience using Jupyter Notebook, Pycharm and GitHub
  • Familiar with using APIs
• Good to have:
  • hybrid role: someone with structuring, quantitative and client-facing abilities
  • ability to manage complex transversal projects with multiple stakeholders
  • in-depth understanding of the trading and portfolio & risk management business
  • high level of numeracy, strong analytical and quantitative skills, combined with a hands-on approach

Soft skills

• Must have:
  • willing to work in a front position with direct impact on group's and BU's P&L
  • highly resilient
  • result-oriented practical thinker
  • rigorous and accurate
  • a dynamic and flexible team worker
• Good to have:
  • Have excellent interpersonal and communication skills
  • Demonstrate high ability to build a network
  • Determined to succeed
  • Creative and act as true initiative-taking entrepreneur

Education and professional background

• Master, engineering degree or business school
• previous experience in several aspects of sales portfolio management, trading, finance or similar areas is a preferred

Languages

• French: Fluent
• English: Fluent

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.