Head of Renewable Portfolio Management
Requisition ID: Location:
Houston, TX, US,
ENGIE Global Energy Management and Sales (GEMS) is responsible for managing the portfolio of gas, electricity, congestion revenues rights and environmental products for ENGIE, across geographies. More recently, GEMS has extended his scope to also manage all the market risks (energy, congestion, RECs, ancillaries) generated by the Renewable and Battery Storage Assets owned by ENGIE North America, which includes wind farms and solar farms â the Renewable Portfolio Management team is precisely the group in charge of these activities.Â
As an senior member of this team, the Head of Renewable Portfolio Management will lead a group of individuals in charge of maximizing the profitability of wind and solar assets while managing market risks within acceptable risk limits.
This position sits in Houston, TX and will report to the Head of Power Portfolio Management for North America.
What youâll do:Lead a team of renewable portfolio managers to manage a growing portfolio of wind and solar assets expected to reach 8GW+ of installed capacity in the coming years Act as a senior representative of the GEMS organization towards the Engie Global Business Unit developing wind and solar assets, as well as its external equity partners Articulate then drive the team execution of a strategy towards short-term optimization of wind and solar assets, involving automatic forecasting, optimization, and execution of Day Ahead orders in the market. This strategy might involve internal resources and third-party providers Develop then execute a strategy for forward hedging of wind and solar assets in conjunction with the other parts of Engie North America which warehouse or originate electricity market risks (Battery Storage, Retail, Trading) Support Business Development teams on new wind and solar assets, offering views on particular ISO protocols, regional congestion landscape, price of the products commercialized, available incentives, etc. in order to contribute to the profitable buildout of the wind and solar capacity in the US Participate in the day-to-day risk management and optimization of operating wind and solar assets, as a contributing member of the team Articulate with the Risk Group the development and improvement of the risk metrics, and the proper representation of assets and existing hedges in the risk management systems
What you bring:Bachelorâs degree in a quantitative discipline (E.g., Computer Science, Engineering, Finance, Economics, Math â¦) Minimum 6 years of experience in Competitive Energy Markets, with some of it in a Portfolio Management, Risk Management or Trading position Minimum 10 years in general business experience Ability to manage a small team of highly motivated and talented individuals, with an empowering and result-oriented mindset Ability to manage multiple competing priorities on a timely basis Ability to communicate effectively across the organization: from top management to other functional groups (origination, operations, ITâ¦) Resourceful, ability to use a variety of tools, data sources, and systems; and inherent curiosity to procure and test new resources Experience in the market structure and protocols of one or more of the following ISOs would be a plus: ERCOT, SPP, PJM, MISO Intermediate or Advanced level in Excel and an object-oriented programming language (Python or other) is a plus Knowledge of wind and solar economics, competitive landscape and technologies is a plus Some knowledge of data science / statistical techniques is a plus
Additional Information/Conditions:Must be willing and able to comply with ENGIEâs policy with respect to COVID vaccination and testing Must be willing and able to comply with all ENGIE ethics and safety policies While performing the duties of this job, the employee is not exposed to weather conditions 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 the needed assistance to perform the essential functions Eligible for a hybrid schedule consisting of in-office and work-from-home opportunities
ENGIE North America isnât just participating in the Zero-Carbon Transition, weâre leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.Â
Unite with us in leading the transformation of the world of energy! ENGIE is 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. Are you up for the challenge?
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 employment decisions at ENGIE are based on business needs, job requirements, and individual qualifications. ENGIE is committed to providing equal employment opportunities regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity, or gender [removed]including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service or veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as âprotected characteristicsâ) as defined by applicable federal, state or local law in the locations where we operate.Salary Range: $, â $, USD, annuallyÂ Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factorsÂ In addition to salary, this position is eligible for a competitive bonus / incentive plan At ENGIE we understand that benefits matter, we offer competitive benefit options including medical, dental and vision coverage, life insurance, employer paid short-term and long-term disability insurance, paid vacation, holidays, sick leave, parental leave, and a (k) Retirement Savings Plan option with a company match More information can be found here:
ENGIE complies with all federal, state, and local minimum wage laws.
Your talent acquisition partner can share more specific information regarding the salary for the position based on the work location.Â
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