Context & Environment
Working at TotalEnergies
At TotalEnergies we are committed to balancing flexibility while fostering strong relationships among our team members. Our field site employees work together to build teamwork through collaboration. This position is in Houston, Texas.
What We Provide
TotalEnergies offers a robust comprehensive benefits package available to employees on the first day of hire. These benefits include but are not limited to generous PTO, medical, dental & vision care, HSA with company contributions, health FSA, commuter benefits or paid parking, 401(k) plan with employer match, pension plan, life & accident insurances, generous parental leave, education assistance, fitness subsidy and more.
- Be part of a dynamic and expanding international team, collaborating with industry leaders in Houston and Geneva.
- Work on cutting-edge quantitative models and market strategies, driving real impact in the energy sector.
- Develop deep expertise in power markets, regulatory frameworks, and strategic investment.
- Enjoy a fast-paced, intellectually stimulating environment with opportunities for growth and career advancement.
Key Responsibilities
- Rapid development of TotalEnergies’ U.S. Power portfolio, now exceeding 10 GW gross capacity in renewable projects across operation, construction, and development.
- Fast-paced trading environment with time-sensitive, business-critical activities requiring real-time analysis and report generation.
- Risk Control Analyst role within the Global Risk Control team, spanning Houston, London, and Singapore.
- Collaboration with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams across multiple locations.
- Engagement with diverse product types, including Natural Gas, NGL, LNG, Power, and Dry Bulk commodities.
- Middle Office responsibilities, including profit and loss calculations and risk management for the trading department.
- Comprehensive market risk control oversight, covering risk identification, measurement, monitoring, and disclosure across various energy commodity assets.
- Compliance with internal trading limits;
- Accurate and independent analysis, valuation, and reporting of risk positions and trading results
- External regulatory compliance
TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
Activities
As part of the Global Risk Control Organization activities involve contributing to any Risk Control process of the entities covered by the Global team:- Responsible for leading the risk management analysis, monitoring, and reporting for Power trading activities including open positions, valuation controls, MTM valuation, including daily explanations on applicable metrics and limits.
- Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
- Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGPNA’s multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, back office and Finance team on inputs and assumptions.
- Work closely with Traders to quantify and explain the sources of risk in their portfolios.
- Contribute to the reporting of Trading Result/ Position to Senior management.
- Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency and policy/limit compliance.
- Coordinate with Compliance to ensure compliance requirements are met.
- Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
- Identify and communicate operational risk, define risk mitigating measures and priorities.
DIMENSIONS:
The jobholder will work in the Global Risk Control department, under the supervision of Middle Office Manager in Houston, and will seek to measure, analyze and monitor the P&L, Exposure and the Value At Risk of the Power Trading Desks. The position is based in Houston and include oversight of both global and US energy markets.
Candidate Profile
You are someone who possesses the following experience and credentials:Education/Experience
- Degree qualified in economics/finance/business/mathematics or quantitative discipline.
- Comprehensive understanding of risk management methodologies and valuation models.
- Solid understanding of MTM, VaR and quantifying position exposures and other Risk Metrics along with Power Risk Management experience particularly in North American power ISOs, more specifically ERCOT, PJM and CAISO.
- Strong understanding of Power pricing structure including experience in validating power prices with external sources.
- Power BI, Python, or other data management software like Alteryx.
- High degree of accuracy and efficiency under set deadlines.
- Strong analytical and problem solving skills.
- High levels of flexibility with regard working hours.
- Good interpersonal skills.
**TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.
Additional Information
TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers. At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.
Our Culture:
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.
Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.
We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.
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