Market Risk Analyst

Who is ENGIE?ENGIE puts sustainable development at the centre of its activities (electricity, natural gas, energy efficiency, and services) to meet the challenges of the energy transition to a low-carbon economy: access to a sustainable economy, climate change mitigation and adaptation, and resource optimisation.Who are we looking for?We are currently searching forMarket Risk Analystin S&EM Italy, based in Rome.ENGIE Supply & Energy Management (S&EM)provides energy supply solutions and risk management services to support its clients through their decarbonisation journey, while optimising 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 Global Business Unit Supply & Energy Management (S&EM) that built its savoir-faire managing the Group's large and diverse asset portfolio over 20+ years.7,500 employees around the world develop our solutions through 19 countries.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 decarbonisation and decentralisation.Our 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 3 expertise:Asset managementEnergy supply, providing green energy & innovative solutionsAt S&EM we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.What will you do?The Market Risk Analyst will work in the Market Risk and Middle Office team and his/her mission is to ensure that trading and portfolio activities are in line with S&EM Risk Policy and with the limit framework as approved by the respective governance (Board, Risk Committee).He/ she is required to support the identification of all the risks behind the different businesses carried out by the platform and to monitor and challenge the related hedging strategies.He/ she is also required to provide a strong support in terms of digitalisation via Phyton and PowerBI.The Market Risk Analyst is in charge of the following missions:Prepare daily, weekly or monthly P&L and market risk reporting.Be responsible of quantitative and qualitative "ad-hoc" analysis which includes VaR & Stress Test computation and explanation, greeks understanding and risk exposure representation across multiple systems;Analyze desk portfolio risks across commodities and products, support risk identification and quantification for the wholesale energy businesses:identify the main risk exposure associated to our core and new businesses;Understand business representation in the systems;Define risk limits and monitor risk indicators.Use Phyton for risk monitoring and reporting (mandatory)Monitor, approve and challenge hedging strategies implemented by Front Officer:Understand open exposures and assess risk/reward balanceSpecific focus on Green activities (PPA's and BESS):Understanding of asset modellingIntermittency risk identification and representationAll the activities are fully integrated within S&EM.All processes are defined globally and enforced locally (S&EM Italy).About YOUThe ideal profile matches with the following prerequisites:Master's degree in Engineering, Economics, Finance or Statistics;At least three-year experience in Market Risk role or Trading role for energy companies.Fluent English oral and written; Italian is a plus.Digital oriented:advanced use of Phyton, Power BI, VBA, ExcelGood knowledge of financial products used for energy markets (swap, option, forward).Understanding of risk methodologies for the calculation of physical and financial exposures: including risk indicators (VaR, Stress Test, DrawDown, Greeks), Mark-to-Market and P&L."Green oriented" (assets modelisation/risk metrics monitoring-intermittency)Type of contract:Local contract according to Italian labour law.About ENGIEAt ENGIE, every talent has a role to play in accelerating the energy transition.Make a difference and enjoy a fulfilling professional experience.Take on exciting challenges and build a career path that reflects who you are.Join us and be part of the adventure of the centuryWorking at ENGIE, a multinational group, means having a wide variety of career opportunities in more than 30 countries.Whilst putting the community at the centre of your professional life and contributing to real change during a challenging career.Our commitment is clear: We support a social model that balances economic performance with positive impact on people and the planet.We bet on the power of community and act as part of a community committed to disrupting and reinventing the future.Diversity and inclusion are at the core of our corporate culture.ENGIE is committed to combating all forms of discrimination in employment, access to training and promotion.Therefore, the integration and support of youth, adults, and people with disabilities, regardless of gender, ethnicity, or religion, are key priorities of human resources policy.Recognised for **** by Sole24Ore as a leading company in diversity & inclusion, the ISO *****:**** and UNI PDR 125:**** certifications are further proof of our commitment.#J-*****-Ljbffr