Candidate Profile

You are someone who possesses the following experience and credentials:

• Bachelors required in accounting, finance, mathematics, or business-related major; and Master's degree preferred
• Strong understanding of U.S. energy markets, commodity trading (gas & power preferred), risk analysis, and modern finance;
• Minimum of 5 years of experience in mid-office commodity trading organization or on a commodity trading floor; Prior supervisory experience preferred;
• High level of analytical skills;
• Excellent interpersonal and communication skills

Activities

Your missions as a Middle Office Manager include:

• Lead Middle Office team to conduct accurate and independent analysis, valuation, and reporting of risk positions and trading results on a daily basis while ensuring compliance with all trading limits: ensure processes, procedures, limits are in place that evolve with the business; Responsible for the reporting of trading results and positions to senior management.
• Work in close cooperation with Front Office to facilitate the continuing growth of the business by providing accurate information on the potential risk impact of transactions; Develop solid risk understanding of the market structure and key commercial strategies deployed in the market; Leading effective risk analysis that support informed commercial decision making.
• Work closely with Back Office, Finance, Credit, Legal, and Internal Control to ensure that the risk control practices and policy/limit are in alignment from a compliance point of view; Partner with other leaders to drive necessary operations excellence improvements. Liaise with Trading Systems to ensure the enhancement of the trading software to meet business needs.
• Direct supervision of risk control analysts in Middle Office department; overall management of Middle Office staffing resources and department activities as well as conduct performance appraisals for all direct reports.
• Monitor internal limits for Front Office business and ensure limits are followed, complied with, and properly documented; Analyze non-standard transaction requests and/or advise senior management of such approvals.
• Lead the effort of risk modelling and valuation of the newly developing power structured contracts and short-term power trading activities. Identify and assess risks associated with PPA contracts, CCGT, power market dynamics, and regulatory changes. Manage the mark to market valuation of long-term power and short-term power contracts, hourly forward curves, settlement prices, and imbalances.
• Develop and implement Middle Office risk policies, procedures and initiatives to managing continuing growth of the business; Identify new solutions aimed at improving processes and controls to eliminate identified risks or gaps; Ensure that all risk controls and reporting required by existing governmental regulations are performed.
• Act as the primary liaison for all trading enquiries; Provide help to the traders to model complex trades in the BOOK for the risk to be managed; Support team reporting needs and ensure reporting is complete and follow up are documented.
• Observe & report operational risk incidents including near miss & failure events; Challenge employees to self-monitor and reflect on latent conditions that engender error.
• Collaborate with MO teams in Geneva and Singapore; provide support to TGP control management, processes, and procedures.

Context & Environment

The Company is responsible for the Group's gas, power, LNG, Dry, and LPG trading and marketing activities in North America. Fast-paced, dynamic environment with time-sensitive, business critical activities requiring instantaneous analyses and communication.

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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 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.

About the company:
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.