Head of PAS(Portfolio Management, Analytics and Structuring)

2 days ago

London, United Kingdom oilandgas.org.uk Full time
About ENGIE UK

ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to organisations of all sizes.

We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality.

About GEMS

GEMS (Global Energy Management and Sales) is one of the global business units of ENGIE. Specializing in energy markets, GEMS' mission is to ensure the competitiveness of ENGIE's business units and to develop its own franchise with external customers, through a comprehensive range of services related to risk management, energy asset optimization and trading.

About the role

The Energy Management UK Business Platform (EM UK) is an entity of GEMS, which operates in the UK. EM UK provides decarbonisation, optimisation and risk management services for internal and external clients in the UK.

PAS is a multidisciplinary team providing:
  1. Portfolio Management Services to Group Entities (Pumped Hydro Storage, BESS and Renewables)
  2. Market Analysis to support trading and origination activity
  3. Valuations to support Group investment decisions in the UK
  4. Quantitative Research and Modelling to support trading and origination activity
  5. Algo development to support trading and operations activity
  6. Structuring products to manage client energy risk
  7. Proactive strategic guidance based on market intelligence

The EM UK team is based in our London office, close to Liverpool Street. We offer hybrid and flexible working arrangements to all team members and encourage regular on-site attendance to foster and maintain professional connections.

You will lead a highly motivated, collaborative and capable multidisciplinary team working on key commercial aspects of the Energy Transition. You will set the team's strategy and direction, supporting both their delivery and personal growth.

As the Head of V&A, you will play a key role in leading our Energy Transition efforts and help us leverage our diversified portfolio. Your leadership will facilitate high-quality decision-making at all levels, from intraday half-hourly pricing to long-term strategic investments. By maintaining a focus on excellence and collaboration, you will drive performance and innovation across the board.

As part of the Senior Leadership Team (SLT) for EM UK, you will contribute to setting the strategic roadmap for EM UK and ENGIE in the UK, aiming to be a leading energy transition utility by 2030 and beyond. The EM UK SLT focuses on client-centric approaches, digital advancement, and fostering collaboration within the team and across ENGIE.

Main Activities

Lead the team enabling them to deliver:
  1. Portfolio Management
    1. Asset Representation using GEMS ETRM system, OT, to enable the Asset Owner to understand forecast expected revenues and running regimes
    2. Provide analysis and guidance to Asset Owner on appropriate Risk Management strategies, executing agreed hedges
    3. Minimise impact of planned outages through engagement and collaboration with Asset Operations teams
    4. Provide targeted performance and valuation reporting to the Asset Owner to enable them to understand their asset in the market context
    5. Conduct valuation and sensitivity studies to support major (and minor) asset investments
    6. Shareholder engagement where asset is held in a JV
    7. Collaborate with the UK Regulatory team to support market design and advocacy work, through provision of analysis, expertise and worked up consultation responses
  2. Market Analysis
    1. Drive UK assumptions that feed into Group Scenario modelling
    2. Develop and maintain local and integrated fundamental market models that enable deeper understanding of Group Scenarios
    3. Provision of market scenarios to support asset investment and M&A activity in the UK
    4. Active support of Due Diligence activity in M&A transactions
    5. Develop and maintain local unit commitment models, scrutinising results
    6. Horizon Scanning. Proactive identification and assessment of new business opportunities for GEMS and GBUs in the UK
    7. Feeding Energy Scan (Engie's external market data platform) with UK specific content
    8. Ensure access to the right data from the right providers stored in the right location
  3. Quantitative Research and Modelling
    1. Support traders, originators and structurers through delivery of innovative quantitative analysis
    2. Design and build robust quantitative tools that assist front Officers in pricing standard products
    3. Deliver ad hoc tactical solutions to Front Officers as well as developing new pricers in official pricing library.
    4. Deliver major strategic projects that incorporate techniques such as Machine Learning, for example development of trading Algos
    5. Ensure best coding practices are embedded within the team
  4. Structuration
    1. Drive the strategy for implementation of structured products in the UK

Interaction scope:

EM UK Team. As one of about 20 Business Platforms of GEMS globally, EM UK comprises around 60 GEMSers of which about 10 are in the PAS team. As Head of PAS you will interact across all the teams from Front Office to Finance, IT to Risk Management.

GEMS Expertise Centres. GEMS operates global Expertise Centres which brings together communities of like-minded GEMSers that focus on similar problems in different Business Platforms around the world. The PAS team has representatives belonging to several Expertise Centres: Markets, Assets and Sales (MAS), Quantitative Research and Methods (QRM), Global Market Analysis (GMA) and Clients. As Head of PAS you will interact with each of these Expertise Centres.

Internal Clients. The PAS team works on a strategic and operational basis with Global Business Units (GBU) in the UK. FlexGen, Renewables and Networks are all represented here.

External Clients. The PAS team engages with external clients in different ways, from operational onboarding to analytical updates.

External bodies. The PAS team has regular engagement with the NESO and represents Engie at various industry forums in conjunction with the UK Regulatory Affairs (RAPA) team.

Experience, Motivations and Skills

  1. Demonstrated leadership capability
  2. Passion for the Energy Transition
  3. Understanding of commodity market fundamentals, preferably power
  4. A digital mindset with an understanding of agile ways of working as a driver to digital change
  5. Excellent written and spoken English
  6. Strong communication skills, with an ability to engage clients and colleagues and convey complex topics to a non-technical audience; customer-oriented mindset
  7. Collaborative and analytical approach to problem solving
  8. Awareness of the value at stake; confidence in decision making

Nice to have:
  1. Experience of power & gas markets in UK
  2. Understanding of Data Science methodologies
  3. Advanced understanding of risk management systems
  4. Product pricing techniques, for example, stochastic processes, Montecarlo pricing, optimal decision making, options pricing, quantitative modelling
  5. Familiarity with modern coding languages such as Python, R or Julia
  6. Understanding of the physical power system, generation assets, power plant representation and appropriate hedging strategies
  7. University degree in a quantitative area (eg IT, engineering, mathematics, economics)
  8. Experience of Risk Management and/or Decarbonisation services
#J-18808-Ljbffr

  • Head of PAS(Portfolio Management, Analytics and Structuring)

    2 days ago

    London, United Kingdom ENGIE Group Full time

    Select how often (in days) to receive an alert: Head of V&A, PAS (Portfolio Management, Analytics and Structuring) Requisition ID: 38888 Location: London, London, City of, GB About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy...

  • Head of PAS(Portfolio Management, Analytics and Structuring)

    17 hours ago

    London, United Kingdom ENGIE Group Full time

    Select how often (in days) to receive an alert: Head of V&A, PAS(Portfolio Management, Analytics and Structuring) Requisition ID: 38888 Location: London, London, City of, GB About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy...

  • Head of PAS(Portfolio Management, Analytics and Structuring)

    13 hours ago

    London, United Kingdom ENGIE Group Full time

    Select how often (in days) to receive an alert: Head of V&A, PAS(Portfolio Management, Analytics and Structuring) Requisition ID: 38888 Location: London, London, City of, GB About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy...

  • Head of V&A, PAS(Portfolio Management, Analytics and Structuring)

    18 hours ago

    london, United Kingdom ENGIE Group Full time

    Select how often (in days) to receive an alert: Head of V&A, PAS(Portfolio Management, Analytics and Structuring) Requisition ID: 38888 Location:London, London, City of, GB About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy...

  • Head of V&A, PAS(Portfolio Management, Analytics and Structuring)

    2 days ago

    London, United Kingdom ENGIE Group Full time

    Select how often (in days) to receive an alert: Head of V&A, PAS (Portfolio Management, Analytics and Structuring) Requisition ID: 38888 Location: London, London, City of, GB About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy...

  • Portfolio Analytics Lead

    2 weeks ago

    London, Greater London, United Kingdom Impax Asset Management Full time

    About the RoleAt Impax Asset Management, we are looking for an experienced Portfolio Analytics Lead to oversee the implementation of data solutions via systems, collaborate with stakeholders to ensure reporting data solutions meet business requirements, and lead the implementation of systems to promote efficient internal/external reporting activity.The...

  • Strategic Portfolio Manager

    4 weeks ago

    London, Greater London, United Kingdom Manulife Insurance Malaysia Full time

    Portfolio Management OpportunitiesAs a Portfolio Manager within the Multi Asset Solutions Team, you will collaborate with the global MAST organization to develop outcome-oriented solutions across various channels. Your role will involve working closely with the regional head of team to improve process, analytics, and risk management. You will design,...

  • Analytics Director

    2 days ago

    London, United Kingdom ENGIE Group Full time

    Head of V&A, PAS (Portfolio Management, Analytics and Structuring) About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to...

  • Analytics Director

    17 hours ago

    London, United Kingdom ENGIE Group Full time

    Head of V&A, PAS(Portfolio Management, Analytics and Structuring) About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy...

  • Analytics Director

    13 hours ago

    London, United Kingdom ENGIE Group Full time

    Head of V&A, PAS(Portfolio Management, Analytics and Structuring) About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy...

  • Head of Portfolio

    6 months ago

    London, United Kingdom Entain Full time

    **About The Role**: We are seeking a dynamic Head of Portfolio (HoP) to assume a central role in harmonizing and enhancing our strategic endeavors across our diverse brands and markets. The Head Of Portfolio will be instrumental in shaping our operational methodologies, organizational structure, and delivery frameworks in tandem with our ongoing product...

  • Head of Portfolio

    6 months ago

    London, United Kingdom Entain Full time

    We are seeking a dynamic Head of Portfolio (HoP) to assume a central role in harmonizing and enhancing our strategic endeavors across our diverse brands and markets. The Head Of Portfolio will be instrumental in shaping our operational methodologies, organizational structure, and delivery frameworks in tandem with our ongoing product delivery and...

  • Head of Data Analytics

    6 months ago

    London, United Kingdom Metrea Management LLC Full time

    HEAD OF DATA ANALYTICS Metrea’s mission is to provide solutions to the toughest problems in national security, leveraging commercial business models to unleash innovation cycles that anticipate emerging threats and generate elegant solutions that evolve continually. Metrea is an International business with offices in the USA, Europe and the Far East....

  • Head of Managed Services

    6 months ago

    London, United Kingdom Advancing Analytics Full time

    **Salary**:£**110**,000** base; up to 15% Company & Personal performance-based bonus **Perks**: Hybrid working, private healthcare, paid charity days, fantastic team away days, books, paid events, career development. **Location**:Hybrid, either based near Exeter or London** (**must be inside the UK**). This role requires 25% travel. **Interview...

  • Head English

    2 days ago

    London, United Kingdom ENGIE Group Full time

    Head of V&A, PAS (Portfolio Management, Analytics and Structuring) About ENGIE UK ENGIE is a global leader in low-carbon energy supply and services. We have been active in the UK energy market for over 20 years, and our investments in energy infrastructure are focused on energy storage and renewable energy (solar, wind, biogas), whilst supplying energy to...

  • Head of Portfolio Management Office

    6 months ago

    London, United Kingdom Department of Health and Social Care Full time

    **Details**: **Reference number**: - 324945**Salary**: - £53,116- Leeds: £53,116 - London: £57,114- A Civil Service Pension with an average employer contribution of 27%**Job grade**: - Grade 7**Contract type**: - Permanent - Loan - Secondment**Length of employment**: - This role is being advertised on a permanent basis. If preferable, Loan or...

  • EMEA Head of Credit and Risk Portfolio Manager

    2 weeks ago

    London, Greater London, United Kingdom Citi Full time

    Job DescriptionCiti, a leading global bank, is seeking an experienced EMEA Head of Credit and Risk Portfolio Manager to join our team.About the RoleThis is a challenging opportunity for a seasoned professional with expertise in credit risk management and portfolio optimization. The successful candidate will be responsible for proactively managing Citi's...

  • Portfolio Analytics

    4 months ago

    London, United Kingdom Jigsaw Financial Full time

    We’re looking to make multiple hires within a Portfolio Analytics team.  These roles are being hired due to growth and will focus on automating and streamlining the investment risk and portfolio analytics function.   Salary: various levels from junior to senior.   Experience of the following is required: Developing quantitative analytics for Portfolio...

  • Portfolio Analytics

    4 months ago

    London, UK, United Kingdom Jigsaw Financial Full time

    We’re looking to make multiple hires within a Portfolio Analytics team. These roles are being hired due to growth and will focus on automating and streamlining the investment risk and portfolio analytics function. Salary: various levels from junior to senior. Experience of the following is required: Developing quantitative analytics for Portfolio...

  • Portfolio Distribution

    8 months ago

    London, United Kingdom NatWest Markets Full time

    Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive. This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom. Join us as a Portfolio Distribution & Analytics Associate - We’ll look to...