ENGIE

Risk Control Analyst II

Posted on: 13 Sep 2023

Houston, TX

Job Description

ENGIE is committed to reshaping the energy future through the global implementation of a lower carbon energy economy in order to preserve the world’s natural resources.  We are looking for talented and driven people who are committed to making the vision a reality.

The Risk Control Analyst II supports Trade Capture and various business processes via the Risk Management System.  Act as liaison between various department/groups for added efficiencies and problem resolution.  Tools used for the job include but are not limited to Aligne system of record, ICE Website,  Adobe Acrobat, Microsoft Office, TEAMS, CME Clearport website, Sharepoint website,  Nodal Exchange website, Trader Approval System (TAS).

This position will sit in Houston, TX and will report to the Trade Control Manager. This position is open to a hybrid scheduled of both in-office and work-from-home days.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observedThe safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.

What you'll do:

SDR reporting – Responsible for the Dodd Frank SDR reporting to ICE Trade Vault

Coordinate with Trade Vault, commercial, compliance, MRPC and legal to ensure accurate and timely reporting along with appropriate documentation

Reconcile and approve Broker invoices

Perform monthly tie out of EEMNA OTC Broker invoices via Coupa against the Aligne broker fees report relying on Trade Control’s existing procedure manual
Coordinates with the Broker and / or the Trader if needed for any variances.  Once the invoice is tied out, approves the invoice for payment in Coupa in order for payment to be processed by ENGIENA Accounts Payable team

Process daily trade exceptions and works with various business functions to reach a resolution or document appropriately

Execute the Daily Exception report as part of the End of Day Closing process using standard Aligne reports
Review / investigates all exceptions and works with Traders, MRPC, Legal, Credit to resolve any outstanding issues before the final End of Day Reports are run
Document any items that are outside of the normal resolution process for management by relying on the Trade Control’s existing procedure manual in order to publish the final report to MRPC, Legal, Credit and Trade Control

Perform ad-hoc Aligne updates for various business groups as it relates to deal entry (Cuts, Invoicing variances, contract mismatches, group tagging, etc)

Assists Accounting, Scheduling, Trading, Credit and MRPC using Aligne to trouble shoot deal entry errors, perform deal tagging and creating ETB templates by relying on the Trade Control’s existing procedure manual in order to facilitate to the end of day close process for P&L and position reporting

Publish monthly reports to the Financial Reporting group (MTM for Trading, Broker Fees in multiple views, User Fees for ICE, etc)

Provide the Financial reporting group with the P&L report, broker fees reports and ICE user fee report  as of the last business day of the month using Aligne, Excel and online platforms  by relying on Trade Control’s existing procedure manual in order for Accounting to record the entries for the month end close

Trade Control Emergency Preparedness delegate

Attend Emergency Preparedness meetings on behalf of Trade Control when they are scheduled and deploys to the Emergency Preparedness off-site facility
Delegate is responsible for coordinating all Trade Control related activity while using the company’s laptop while relying on the Emergency Preparedness policy in order to ensure all transactions are captured and accounted for in Aligne

Actualize REC transactions upon notification of physical delivery

Actualize REC deals, runs ad-hoc reports and processes revision emails using Aligne relying on receipt of REC delivery notification emails from the Commercial group in order to reflect the correct delivery dates in Aligne

Assist with gathering documentation for external and internal audit requests

Collect deal portfolio documents requested by internal and external auditors using manual and electronic filing storage areas relying on email requests in order to provide requested documents for audit purposes

Perform various Confirmation tasks to Generate EEMNA confirmation and send out to counterparty.  Reconcile Broker and Counterparty confirmations against Aligne
Enter deal revisions into Energy Trade Blotter - Perform deal revisions in risk system using Energy Trade Blotter in Aligne relying on revision request by executing Trader and/or confirmation documentation in order to revise incorrect deal data
Work in time sensitive environment with non-flexible deadlines.  Includes some weekends and holidays
Demonstrate strong attention to detail and accuracy
Demonstrate ability to work well with others inside and outside of ENGIE Energy Marketing, NA
Carry out other duties as assigned
Acts as a team member with all employees of ENGIE ENERGY Marketing staff
Comply with all ENGIE Energy Marketing policies and procedures

What you'll bring:

A minimum of a four (4) year degree
Ability to multi-task and prioritize various requests
Excellent knowledge of Excel and other MS Office suite products
Strict attention to detail with strong analytical and problem-solving skills

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
Could involve some lifting

Working Environment: 

Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future
Ability to meet highest attendance requirements and handle multiple assignments on a timely basis with a high degree of accuracy
Ability to use company issued computer and travel to conduct site visits
Capable of using proper lifting procedures or equipment usage needed when involved in lifting up to 50 lbs

ENGIE

Houston, TX

ENGIE North America offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize, and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100 percent of the company’s power generation portfolio is low carbon or renewable. In 2018, ENGIE recorded €60.6 billion in global revenues ($71.3 billion USD). More than 6,000 employees work in the region, and Houston serves as corporate headquarters. About the businesses:

Retail Electricity

ENGIE is one of the largest non-residential retail electricity suppliers in the United States and currently serves commercial, industrial, and institutional customers in 14 markets. Supplying energy to nearly 50 percent of Fortune 100 companies, ENGIE serves over 89,000 accounts, with an estimated peak load totaling nearly 13,000 MW. The company also offers electricity service to residential and small business customers in 12 U.S. markets under the brand Think Energy®.

Energy Services

Through the integrated facility management and commitment to energy performance improvement of customer facilities, ENGIE offers integrated management solutions—including on-site solar, battery and cogeneration design and installation—that enable clients to focus on their business. The company is a recognized leader in the operation and maintenance of infrastructure including airports, office buildings and industrial sites, as well as a wide range of technical infrastructure. In managing energy expenses and usage, ENGIE has identified more than $4.1 billion in savings for multi-site clients over the last three years and, in working with utilities, delivered nearly $15.4 billion in energy savings for consumers in the last 12 years.

Power Generation

In the United States and Canada, ENGIE owns and/or operates cogeneration, steam, and chilled water facilities, including more than 1,000 MW in the portfolio produced by combined heat and power (CHP) units located within commercial or industrial facilities and using waste heat from an onsite generation system to provide for heating and chilling needs. The North America renewables portfolio consists of wind, solar, and biomass/biogas assets, with a capacity of more than 1,200 MW in operation and another 2,300 MW under construction.