Green Structurer

Job content

About US (GEMS)DescriptionENGIE 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.3,300 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 +120,000 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 expertise:

• 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 GEM Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).OrganizationENGIE 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.Our 3,300 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 +120,000 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 expertise areas:

• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
  

YOUR contributionContextWithin GEMS, the GreenPower Origination &Structuring (GPOS) desk is part of the new Business Platform (BP) Structuring & Origination Power and the Expertise Center (EC) Commercial.The main missions of the Green Power Origination & Structuring desk are:

• Developing new renewable power solutions that will address the needs of GEMS upstream and downstream clients (power purchase agreements (PPAs)), and ENGIE’s renewable asset developers teams in CWE.
• Developing lasting commercial relationships with renewable asset developers, expanding GEMS renewable asset portfolio under management to serve our downstream clients in their energy transition.
• Pricing PPAs for our upstream and downstream clients, coordinating set-up of new contracts, deal implementation and management of the renewable assets portfolio in close collaboration with sales, origination, legal, trading, risk and operations teams and IT.
• Contributing to the development/improvement of pricing methodologies and models in close collaboration with trading, risk, analysts, quant teams and IT.
  

RoleAs a Green Structurer your key responsibilities within the team will be:

• Analyse, design and implement new renewable power solutions for upstream and downstream clients. In particular, as a Green Structurer you will be accountable for the transformation of the offer concept into a product that can be represented in GEMS risk systems. This includes:
  

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• Identify, quantify and structure risks (credit, market, legal,... ), and price product in collaboration with trading.
• Assist the legal team in the preparation and negotiation of the contractual documentation, in particular, focus on levers for risk mitigation.
• Coordinate deal implementation in GEMS risk systems in collaboration with internal stakeholders (trading, risk teams (credit risk, market risk and risk methodologies), operations, back office, etc.).
• Coordinate and prepare internal approval processes in accordance with internal governance: (i) ensure product approval and (ii) prepare, present and ensure management approval for specific deals through various committees.
• Lead ad-hoc business cases to scale up GEMS renewable power management capabilities in close collaboration with other ENGIE GBUs and the finance department.
• Contribute to the development/improvement of pricing methodologies and models in close collaboration with trading and other internal stakeholders (market risk, risk methodologies, analysts, quant teams and IT).
• Contribute to the development/improvement of the asset and risk representation of renewable assets under management.
• Maintain a database of market standards, products and contract templates in close collaboration with legal, sales and origination.
• Support sales and origination in preparing support documents required for tenders and/or client RFPs (in particular review of the analytical narratives, product and pricing proposition(s)) and participate in upstream and downstream client visits on an ad-hoc basis, keeping track of market trends and promoting/explaining products.
  
  
This is a front office role, working in a dynamic trading floor environment and in close collaboration with internal stakeholders.

Travels

You will be based in Brussels, with occasional travels within CWE.

About YOU

Qualifications

Hard Skills


• Solid knowledge of the CWE power system and markets.
• Solid knowledge of the RES industry.
• Strong analytical skills.
• Proficiency with IT tools.
• Proficiency with Python.
  
  
Soft Skills


• Result-oriented hands-on approach and ability to manage multiple workflows.
• Reliable, rigorous and detail-oriented.
• Stress resilient.
• Team player, communicate easily and ability to interact/cooperate with a variety of different profiles (traders, analysts, quants, sales, support functions, etc.)).
  
  
Education and professional background


• 5-10 years of experience in business development in the renewable energy sector and/or energy markets. Experience in renewable PPAs is a strong plus.
• Master degree in quantitative discipline (engineering, economics, finance, etc.).
  
  
Languages


• Fluent in English, French and/or Dutch. German is a plus.
  
  
About ENGIE

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.