Team Leader Hedging and Position Management

**Team Leader Hedging and Position management H/F**

**Paris (La Défense) - with weekly travel to Brussels**

**About ENGIE and Supply & Energy Management**:
ENGIE, a global leader in low-carbon energy and services, relies on its Global Business Unit _Supply & Energy Management_ (GBU S&EM) to provide reliable, sustainable, and affordable energy to all its customers. This strategic unit optimizes the Group’s and clients’ production assets and designs tailored energy solutions for our 200,000 professional clients and 15 million consumers.

The Global Business Unit Supply & Energy Management leverages ENGIE’s assets to deliver secure and sustainable energy to its B2B and B2C customers. It uses its expertise in energy management to provide decarbonized electricity 24/7.

Joining _Supply & Energy Management_ means becoming part of a team of over 10,000 passionate experts spread across 20 countries, all united by a shared mission: shaping a greener and more efficient energy future. Together, we push the boundaries of innovation to deliver decarbonized energy 24/7. Join us and be part of those shaping the energy of tomorrow

Context

Within **GBU S&EM**, the **Giant Offer and Origination Desk (GOOD)** manages the **pricing and position management** of supply contracts concluded with large industrial customers in France, Belgium, the Netherlands, and Germany.

This represents around **300 contracts per year**, covering commodities and certificates (GoOs, VERs, CRM, CEE, EU-ETS, Biomethane ), for a delivered volume of **70 TWh of natural gas** and **30 TWh of power** in the CWE region.

GOOD is structured around two teams:

- **Structuration**, in charge of preparing supply offers (electricity & gas).
- **Hedging & Position Management**, responsible for pricing methodologies, hedging strategies, risk monitoring, forecasting (LT, Week Ahead & Day Ahead), and profitability analysis (Daily & Monthly P&L reporting).

As **Team Leader of Hedging & Position Management**, you will supervise and guide this second team.

Your Missions

**Leadership & Supervision**
- Lead and coach a team of **5 portfolio managers + 1.5 VIE**.
- Oversee the **development and adaptation** of pricing methodologies and hedging strategies in line with evolving market conditions.
- Support the Structuration team during the **offering process**.

**Operations & Risk Management**
- Supervise **forecasting activities** for France, Belgium, and the Netherlands (daily basis).
- Oversee **Daily P&L validation** (Gas & Power) and monthly Best Estimate reports.
- Identify embedded risks in offers and define **secure hedging strategies**.
- Validate offers within your delegation framework.
- Monitor alerts from the **Trading Supervision platform**.

**Innovation & Process Improvement**
- Contribute to **digitalization projects**, from Front to Back Office & Finance operations.
- Drive the **automation and optimization** of methodologies and tools (Wattson, OT, etc.).
- Coordinate the development of **new offers** with digital teams.
- Ensure full compliance with ENGIE’s **risk mandate** and legal obligations (e.g., REMIT).

What we are looking for

**Key competencies**
- Strong leadership, with a genuine **care for people** and ability to inspire teams.
- Solid **analytical and quantitative skills**, with resilience under pressure.
- Experience in **European power & gas markets** (knowledge of large industrial customers is a plus).
- Experience with **market products** (swaps, options, quantos ).
- Strong command of **data tools**: Excel, VBA, Python, Power BI.
- Knowledge of **trading systems** (OT, Wattson) is a plus.
- **Fluent French & English** required.

**Mindset & soft skills**
- Strategic thinker, able to **share a vision** and adapt in a fast-changing environment.
- Strong interpersonal skills, comfortable with diverse stakeholders: Sales, Traders, Originators, BO/MO, Finance, Dispatchers, Auditors, Digital teams
- Results-oriented, proactive, and able to deliver under tight deadlines.

**Experience**
- A successful first experience in **risk management of commodity supply** or in **sales to large accounts** with a quantitative background.

Why join us?
- Play a **central role** in ENGIE’s supply & hedging activities across four European markets.
- Lead a **strategic team** at the heart of industrial client management.
- Work in a **bi-localized environment** (Paris & Brussels) with strong exposure to top management.
- Contribute to **digital transformation and innovation** in energy markets.

Diversity & Inclusion

At ENGIE S&EM, we are committed to fostering a **gender-neutral and inclusive workplace** where everyone can thrive.

All our positions are open to **people with disabilities**. If you require reasonable accommodations during the recruitment process, please inform us - we will be happy to assist you.

**About ENGIE**:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to acceler