Head of Assets Representation & Portfolio Optimisation Requisition ID: 36119 Location: Southbank, AU, 3006 Power the future, together with ENGIE! Join ENGIE Global Energy Management and Sales Hybrid & located at our Freshwater Place offices in Southbank ENGIE is a global energy player with over 97,000 employees across more than 30 countries.
All of our teams' efforts are unified in support of the transition to a carbon-neutral economy, by providing innovative energy solutions to households, businesses and communities.
Our global ambition, as a pioneer of the renewable energy transition, is to champion carbon-neutral energies and achieve an affordable, reliable net-zero energy system by 2045.
You may think it's nothing, but to us at ENGIE... zero is everything! The opportunity: The Global Energy Management & Sales (GEMS) business unit is the fully integrated trading arm of the ENGIE Group.
GEMS teams manage ENGIE's highly diversified energy portfolio and provide a range of trading risk management solutions to all types of market participants in Europe, Asia Pacific and in the Americas.
You will be joining the leadership team of GEMS ANZ in a role reporting to the Head of GEMS ANZ.
The position leads the GEMS Assets Representation and Portfolio Optimisation team & the core purpose of your team is to: ensure a complete and consistent representation of the ENGIE ANZ upstream (thermal, renewables, BESS assets) and downstream (Retail and C&I clients) portfolio propose hedging strategies in line with each BU risk appetite which maximise value for the BUs and systematically seek portfolio synergies; this covers a three to five years horizon (liquid window) Advise and lead the execution of the hedging strategies, monitor the performance of these strategies, as well as the financial performance of each book and the whole of the portfolio Some of your responsibilities will include: Define a roadmap for the target representation and hedging strategies of the risks across ENGIE's portfolio, allowing to fully implement ENGIE's integrated model in Australia Build and develop an effective team of highly skilled and enthusiastic Portfolio Optimisers Ensure that the upstream and downstream assets expected revenue, production/consumption, and associated risks are modelled appropriately and consistently; drive the Analytics team to improve the models and the IT teams to industrialise.
Validate PL and Risks of the assets books Work with the Origination and Trading teams within GEMS to develop hedging strategies, in order to maximise the revenues of the GBUs in line with their risk appetite.
These strategies need to seek portfolio synergies; they are submitted to the GBUs for approval Work with C&I Supply and Trading teams to optimise hedging and pricing strategies for the C&I customer portfolio About you: Experience in leadership High level of quantitative analysis and financial engineering skills A high-degree of numerical and computer literacy are essential including expertise in forecasting tool development, linear optimisation and Monte-Carlo simulation techniques Experience in Asset Risk Representation, Hedging or Trading Experience in a matrixed organisation which involves complex stakeholder management Next Steps: If this sounds like the role for you, we welcome your application.
All applicants must have unlimited rights to work in Australia.
Please note we consider applications on an ongoing basis and therefore encourage you to apply at your earliest opportunity.
ENGIE is an equal opportunity employer, promoting diversity and committed to creating an inclusive environment for all.
All applications are screened based on business needs, job requirements and individual qualifications, without any regard to origin, age, carer's responsibilities, sexual orientation, gender identity, pregnancy, religion, marital status, health, disability or political opinions.
Aboriginal and Torres Strait Islander peoples, people with disability, people from diverse cultural and linguistic backgrounds and people of the LGBTIQA+ community are encouraged to apply.
Our differences are our strengths! Business Unit: GEMS Division: GEMS - BP AUSTRALIA Legal Entity: ENGIE ENERGY MARKETING AUSTRALIA PTY LTD Contract Type: Permanent Job Type: Full-Time Professional Experience: Skilled ( 3 experience