What You Can Expect
As part of the ENGIE Energy Marketing North America (EEMNA) Risk team, under the supervision of the ENGIE Energy Marketing North America (EEMNA) Risk Director, as a New Product Approval (NPA) & Operational Risk Analyst, you report to NPA & Operational Risk Manager and own the day-to-day execution of the NPA process and the operational risk framework for the U.S. energy trading business.
You partner closely with Front Office, Market Risk, Middle Office, IT, Compliance, Credit, Settlements, Legal, and Accounting to deliver disciplined NPA reviews, robust operational risk governance, and the full suite of supporting frameworks: RCSA, ERM, BIA, BCP, KRIs, and Operational Risk Capital.
The position offers broad exposure to physical and financial energy trading activities, structured transactions, control design, and global coordination with ENGIE HQ in Europe.
New Product Approval (NPA)
- Own end-to-end coordination of the NPA process across Light, Full, and Project NPAs, from intake through approval, conditions tracking, and post-implementation review.
- Perform pre-assessment reviews of new products, markets, counterparties, instruments, and trading strategies; structure the scope of each NPA accordingly.
- Facilitate cross-functional NPA working sessions with Front Office, Market Risk, Middle Office, IT, Compliance, Credit, Settlements, Legal, Tax, and Accounting.
- Identify control gaps and system-readiness issues; document required remediations, conditions of approval, and target dates.
- Maintain the NPA pipeline, approval log, and conditions register; report status to the EEMNA Risk Committee and to ENGIE HQ.
- Coordinate with ENGIE Global Risk on cross-border NPA reviews and alignment with group-wide product governance standards.
Operational Risk Management
- Identify, assess, and monitor operational risks across trading activities, systems, processes, third parties, and people.
- Manage the operational risk incident lifecycle: capture, classification, root cause analysis, remediation tracking, and lessons learned.
- Maintain the operational risk event database and ensure timely escalation of material incidents to management and HQ per group policy.
- Support the calculation, monitoring, and periodic update of Operational Risk Capital requirements, including maintenance of methodology, scenarios, and supporting documentation.
- Drive control enhancement initiatives in partnership with process owners; verify design and operating effectiveness of key controls.
Risk & Control Frameworks
- Coordinate the annual RCSA cycle: process inventory, risk identification, control assessment, residual risk rating, and action plan tracking.
- Define, monitor, and report Key Risk Indicators (KRIs); investigate breaches and recommend corrective actions.
- Execute Business Impact Analysis (BIA) and support the Business Continuity Planning (BCP) program, including test exercises and after-action reporting.
- Maintain risk and control documentation, taxonomies, and governance artifacts in the EEMNA risk system of record.
- Contribute to the development and continuous improvement of operational risk policies, procedures, and standards.
Technology & Process Risk
- Assess risks tied to trading platforms, market data, valuation engines, settlement systems, and end-user computing tools.
- Partner with IT and the business on system enhancements, UAT, change-management reviews, and post-implementation validation.
- Identify automation and process-improvement opportunities that strengthen controls and reduce manual risk exposure.
Global Coordination & Stakeholder Management
- Coordinate with ENGIE global teams and HQ functions in Europe to support governance alignment, NPA reviews, and group-wide framework rollouts.
- Prepare presentations, governance materials, and management reporting for the EEMNA Risk Committee and senior stakeholders.
- Translate technical risk topics into clear, decision-ready briefings for non-risk audiences.
What You’ll Bring
- Bachelor’s degree in Finance, Economics, Business Administration, Engineering, or a related field.
- A minimum of 2 years of experience in operational risk, internal audit, controls, middle office, or trading-floor risk, preferably within commodities, energy, or financial services.
- Exposure to NPA, RCSA, KRI, BIA/BCP, or operational risk capital processes is strongly preferred.
- Working knowledge of physical and financial energy products (power, gas, environmental, structured).
- Proficiency in risk management tools, ETRM systems (e.g., Aligne or equivalent), and data analysis (Excel, SQL, Power BI, Python is a plus).
- Strong analytical skills with the ability to translate data into clear conclusions and decisions.
- Clear, concise written and verbal communication; comfortable engaging Front Office, control functions, and senior leadership.
- Strong attention to detail, organization, and follow-through on multiple parallel workstreams.
- Ability to operate independently and as part of a small, high-trust team.
- Ability to manage multiple projects in a fast-paced trading environment.
- Adherence to company policies, procedures, and applicable regulatory standards (e.g., FERC, CFTC, NERC, SOX where applicable).
Additional Details
- This role is eligible for our hybrid work policy; a minimum of 3 days working in the offer per week
- Must be willing and able to comply with all ENGIE ethics and safety policies;
Compensation
Salary Range: $63,300 – $96,945 USD annually
This represents the average expected pay range for a qualified candidate.
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, every talent has a role to play in the adventure of the century. Make a difference and enjoy a fulfilling professional experience. Take on exciting challenges and build a career path that reflects who you are.
Join us and be part of the adventure!
ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an inclusive workplace 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.
We are unable to sponsor or take over sponsorship of an employment visa for this role at any time.
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.
Business Unit: Supply & Energy Management
Division: BP USA
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Company Name: ENGIE North America
Minimum Base Salary:
Maximum Base Salary:
Pay Basis:
Why this matters to us
Our organisation is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We offer reasonable accommodations upon request for individuals with disabilities.