Algorithmic Trading Manager (Trader)

Algorithmic Trading Manager (Trader) Requisition ID: Location: Houston, TX, US, ENGIE is a global energy company, a leading provider of electricity, natural gas, and energy services. With employees in more than 70 countries worldwide, ENGIE achieved revenue of €93.8 billion in . ENGIE is committed to being a leader in the energy transition. We are looking for talented and motivated people to create the future of energy. Join a rewarding and flexible work environment that encourages innovation and creativity, and help us meet the energy challenges of today and tomorrow. The Global Energy Management & Sales (GEMS) business unit is the fully integrated trading arm of the ENGIE Group. GEMS teams manage a large and highly diversified energy portfolio, including electricity, natural gas, biomass, LNG and other fuels, CO2 and environmental products, and provide a range of trading risk management solutions to all types of market participants in Europe, Asia and in the US. GEMS manages the B2B supply business within ENGIE, including supply contracts and Power Purchase Agreements. The Algorithmic Trading Manager (Trader) develops the data framework, tools and processes necessary implement data driven trading strategies. This position is located in Houston, TX and reports to Vice President, Gas Origination and Trading. What you’ll do: Responsibilities Gather and organize data Implement data driven prop trading strategies to arbitrage Real Time prices vs Day Ahead prices : on ERCOT and PJM. Extend framework to other power US markets and to the term maturities for value trading purpose. Develop automation for trade execution in power markets : internal netting (IMP), order book management, proxy hedging Extend above infrastructure and objectives to US Natural Gas markets Extend beyond automatic trading by developing market services for the benefits of customers (physical and financial) KPI’s P&L generated on prop trading automatic trading strategies Level of trade robotization Implementation of a replicable data infrastructure to support algo trading Implementation of an Internal Market Place leading to automatic market execution What you bring: Bachelor or Master’s degree in relevant area (Computer Science, Quantitative Finance, Mathematics, …) preferred A minimum of five years of experience in similar or related role Strong Computer Science and Code Development skills Strong Data Science skills Statistical methods for analyzing data. Highly analytical thinker and understanding of probability and risks Machine learning methods (supervised/unsupervised) Proficiency in Matrix based computer language ((R, Matlab) Proficiency in relational databases (SQL, Python) Must enjoy problem solving and creating trading opportunities Clear and effective communicator. Willingness to engage in dialogue and debate with colleagues Can work autonomously and be flexible Proficiency in Excel, SQL or VBA a plus. Additional Information/Conditions: Must be eligible to work for any U.S. employer without the need for sponsorship now or in the future Must be willing and able to comply with ENGIE’s policy with respect to COVID vaccination and testing Must be willing and able to comply with all ENGIE ethics and safety policies 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 Ability to use a company computer, calculator, Could involve some lifting Work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job Reasonable accommodations may be made to enable individuals with the needed assistance to perform the essential functions Eligible for a hybrid schedule consisting of in-office and work-from-home opportunities 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. Unite with us in leading the transformation of the world of energy! ENGIE is looking for talented and motivated individuals to create the future of energy and customer solutions. Join a rewarding and flexible work environment that encourages innovation and creativity to help customers meet their energy challenges today and in the future. Are you up for the challenge? 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 employment decisions at ENGIE are based on business needs, job requirements, and individual qualifications. ENGIE is committed to providing equal employment opportunities regardless of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship, age, sex or gender (including pregnancy, childbirth, and related medical conditions), gender identity, or gender [removed]including transgender status), sexual orientation, marital status, civil union, or domestic partnership status, military service or veteran status, physical or mental disability, protected medical condition, genetic information, or any other legally protected category (referred to as “protected characteristics”) as defined by applicable federal, state or local law in the locations where we operate. Salary Range: $, - $,, annually Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors In addition to salary, this position is eligible for a competitive bonus / incentive plan At ENGIE we understand that benefits matter, we offer competitive benefit options including medical, dental and vision coverage, life insurance, employer paid short-term and long-term disability insurance, paid vacation, holidays, sick leave, parental leave, and a (k) Retirement Savings Plan option with a company match More information can be found here: ENGIE complies with all federal, state, and local minimum wage laws. Your talent acquisition partner can share more specific information regarding the salary for the position based on the work location.