What are the responsibilities and job description for the Head of Portfolio Management - Retail Power position at ENGIE North America Inc.?
What You Can Expect
As a Head of Retail Power Portfolio Management, you will grow and lead a group of 20 individuals in charge of maximizing the profitability of Retail contracts while managing market risks within acceptable risk limits and ensuring optimal netting with ENGIE North America's asset portfolio.
- Lead a high-performing team of 20 professionals managing a growing portfolio of Commercial & Industrial (C&I) Retail Power contracts accounting for 40Twh / year of electricity delivery across 13 US states
- Design and execute a comprehensive hedging strategy for managing market risks linked to ENGIE's C&I Retail Power activity, taking into account the various optionalities embedded in the portfolio
- Develop and implement processes to ensure costing parameters and methodologies used for pricing new C&I client deals are as accurate, competitive and aligned with market trends
- Collaborate with the Risk and IT teams to advance the development of risk metrics, ensuring accurate representation of contracts and existing hedges within the risk management systems
- Partner with the Portfolio Management group overseeing Renewable and Battery assets to identify synergies, maximize netting opportunities, and enhance the overall profitability of ENGIE North America's portfolio
What You'll Bring
Additional Details
Compensation
Salary Range : $180,000 - $300,000 USD annually
This represents the average expected pay range for a qualified candidate.
Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.
ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.
In addition to base pay, this position is eligible for a competitive bonus / incentive plan.
Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all - we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more .
Why ENGIE?
ENGIE North America isn't just participating in the Zero-Carbon Transition, we're leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
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 qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
This role is eligible for sponsorship.
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 observed.
Salary : $180,000 - $300,000
