Enterprise and Commodity Risk Compliance Director (2128)

ENGIE North America Inc. - Houston, TX3.7

Full-time | Part-timeEstimated: $66,000 - $94,000 a year
EducationSkills
At ENGIE North America, innovation and excellence create a platform for growth. We have a range of businesses in the United States and Canada, including clean power generation, cogeneration, and energy storage; retail energy sales; and comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense. Nearly 100 percent of our power generation portfolio is low carbon or renewable. Globally, ENGIE is the largest independent power producer and energy efficiency services provider in the world, with operations in 70 countries employing 150,000 people, including 1,000 researchers in 11 R&D centers.

We are looking for talented and motivated individuals to create the future of energy and customer solutions. Join a rewarding and flexible work environment that encourages innovation and creativity to help customers meet their energy challenges today and in the future.

The Role: Enterprise and Commodity Risk Compliance Director

Purpose
The Director will lead ENGIE North America Inc. (ENA) annual enterprise risk assessment process, coordinate oversight of business entity commodity risk compliance processes, and lead specified Finance department projects, as assigned. The Director will also lead ENA’s development of commodity risk mandates and monitoring methodologies for new and evolving business activities. The Director will review project status of and budgets, coordinate schedules, deliver status reports, assess project issues, and develop solutions to meet the project goals and objectives. The Director will regularly interface and partner with Engie Group risk management professionals on ENA’s behalf. This leader will also champion and lead the implementation of enterprise and risk management best practices employed by industry peers.

Location/Department
Houston / Finance

Status
Salary - Exempt

Essential Job Functions

Commodity Risk Compliance Monitoring
Serve as the subject matter expert on company risk limits and monitoring tools
Coordinate and validate monthly risk report preparation
Schedule the monthly risk review meeting assembling the agenda and reports
Monitor and advise on new and changing commodity risk positions at ENA
Lead the quantification of risk mandate proposals on behalf of ENA including oversight of part time or full-time statistician or econometric professionals
Advise the Risk Committee on potential risk mitigation strategies
Monitor market best practices in risk management and apply them to ENA’s business activities

Enterprise Risk Management (ERM) Project Management
Lead the annual ERM process including population of the risk register with staff support
Gather input from ENA wide leadership to identify and quantify identified risks
Coordinate review meetings with Group parent company
Prepare the VP Risk and CFO for Group level risk discussions, including slide and message preparation

Merger and acquisition support
Identify commodity and enterprise risk issues via due diligence procedures and review of data room files
Advise commercial development and finance teams on key risks and potential mitigation strategies
Document due diligence findings and communicate findings to Group risk professionals
Review valuation models to validate proper reflection of commodity risk exposure and economic value sensitivities

Special Project Management:
Deliver projects and related project management services on time and on budget, as assigned, ensuring that detailed functional and process requirements are captured, documented, and approved by the Business Sponsor
Plan projects, identifying necessary resources and critical paths to completion
Ensure that the project has a defined budget based on appropriate cost estimations. Review the budget through the project lifecycle. Monitor, record and report project costs versus budget.
Prepare and issue monthly/weekly project reports, as appropriate, identifying any bottlenecks or other issues threatening on time and on budget project delivery
Business analysis: Analyzes current company needs, anticipates future needs and recommends solutions that will deliver value for the company.
Carries out other duties as assigned

Qualifications

Requirements

Project management skills, including expertise in use of project management tools
In depth understanding of US and Canadian electricity and gas markets, both physical and financial
Familiarity with interpreting and designing risk reports from energy trade and risk management tools
Proficiency with VAR, position limits
Proficiency with risk management tools including commodity derivatives (including options), interest rate derivatives, foreign currency derivatives, credit risk management, and insurance
Ability to work well under pressure
Proficient in Microsoft Office Tool Suite, particularly Excel and PowerPoint
Excellent communicator able to distill complex issues into actionable key messages to executive management, internal customers, and external auditors
Ability to manage multiple projects across different business lines and departments
Deadline driven and ability to create workplans to ensure smooth delivery of required products and services
Ability to interact with and lead technical advisory staff to answer key business questions
Ability to synthesize statistical reports into meaningful economic conclusions
Hands-on and able to step in to assist staff if needed
Strong-interpersonal skills and self-motivated
Ability to work in a time sensitive environment; may be outside of usual US business hours
Ability to travel up to 20%

Essential Physical Abilities

Ability to meet highest attendance requirements
Ability to communicate effectively, both written and verbally
Ability to handle multiple assignments on a timely basis with a high degree of accuracy
Ability to use personal computer, calculator, etc.
Could involve some lifting

Education/Experience

Bachelor’s degree in Business, MIS, Mathematics, Statistics, or Finance required
Advanced degree (MBA, MS, etc.) preferred
10+ years relevant experience required
Certified Risk Manager, Project Management Institute Certification, or equivalent certification preferred

Working Environment
Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate.

For this role you must have authorization to work in the United States. Qualified applicants are considered for employment, and employees are treated during employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity, or expression, genetic information or any other legally protected status.

This job advertisement is supported by the ENGIE Talent Acquisition team. Agency involvement is not required. All related inquires must be done to the Talent Acquisition team, not direct to ENGIE North America Managers.

Job
: Finance / Tax / Insurance
Primary Location
: North America-United States-Texas-Houston
Organization
: Corporate Functions
Schedule
: Full-time
Nature of Responsibility
: Senior Manager / Senior Expert

Job Posting
: Oct 18, 2019, 4:46:57 PM