Pricing Analyst
Engie · Madrid
Our Group is a global reference in low-carbon energy and services. Together with our 96.000 employees, our customers, partners and stakeholders, we are committed to accelerating the transition to a carbon neutral economy through reduced energy consumption and more environmentally friendly solutions.
At ENGIE, every person plays a key role in accelerating energy transition. Make a difference and live a meaningful professional experience. Take on exciting challenges, grow in an innovative environment, and build a career that reflects who you truly are.
Join us and be part of the adventure of the century!
About the team (Supply Portfolio Management, SPM)
The Supply Portfolio Management (SPM) team plays a key role in managing the energy supply business to end clients in Spain, covering a wide range of activities and closely collaborating with other areas within the organization. We are currently in full expansion, with an ambitious strategic project to boost the growth and robustness of the supply activity. This involves expanding the team, optimizing systems, and attracting new clients.
Mission
The Pricing Analyst plays a central role in commercial decision-making, operating at the intersection of trading, risk management, and sales. The analyst ensures that pricing reflects market conditions, risk-adjusted margins, and compliance with internal governance, contributing directly to portfolio profitability and the company's competitive positioning.
The main responsibilities of the team are divided into the following areas:
Pricing
- Product Development: design, develop and maintain pricing models for our B2B, industrial and Giants clients in Power and Gas.
- Pricing Methodology: Define and implement pricing strategies to ensure competitiveness and profitability.
- Offer Management: Structure commercial proposals for clients.
- Contracting: Manage the formalization of contracts.
- Pipeline Analysis: Monitor and evaluate commercial offers, track success rates, and provide insights on overall portfolio performance.
Portfolio Representation
- Contract and portfolio management and representation in our internal Trade Management System
- Reporting: Produce detailed reports on P&L, Risk, Finance, and portfolio.
- Portfolio Management: Administer and optimize portfolio performance.
- Hedging Strategy: Develop and execute strategies to mitigate market and credit risks.
- Risk Management: Following the established Risk Mandate, ensure compliant risks follow up and remediation within risk policies and limits.
Data
- Grid Data: manage the demand/consumption data coming from the TSO/DSOs.
- Team Data Owner: Act as the main responsible for managing and ensuring the quality of team data.
- CDH: Use the internal CDH platform for data management.
- Documentation: Maintain comprehensive documentation of all processes and data.
Forecasting
- Short-Term Forecasting: Demand forecast for the day-ahead purchase
- Medium-Term Forecasting: Medium-Term demand forecast for portfolio optimization
Minimum requirements
- University degree in Engineering, Mathematics, Physics, Economics, Finance, Statistics, or equivalent quantitative field.
- 3–8 years of experience in the energy sector, preferably in supply portfolio management, pricing, trading support, or risk management roles at energy retailers, utilities, or energy trading companies.
- Demonstrable experience working with Iberian electricity and/or natural gas markets.
- Experience in pricing and structuring B2B/industrial offers in liberalized markets.
- Solid knowledge of Iberian energy market structure and mechanisms and Spanish regulatory framework
- Knowledge of energy financial instruments: physical and financial forwards, swaps, indexed formulas, etc.
- Python programming for data analysis, modeling, and automation.
- SQL for data extraction and manipulation.
- Advanced Excel (financial models, macros, pivot tables).
- Visualization and reporting tools: Power BI, Dataiku, or equivalents.
- Spanish: native or fluent
- English: fluent (minimum B2/C1)
Committed to inclusion
At ENGIE we value and encourage diversity and inclusion. We are committed to accelerating the transition to a carbon-neutral economy achieved by integrating exceptional and diverse individuals that seek, support, and strengthen each other’s growth.
What we will provide
- We will provide you with training plans adapted to your needs and interests.
- You will have a flexible schedule and a hybrid work system + reduced working days during summer and Fridays.
- You will have the chance to adhere to corporate benefits and e-Plan (transport card, kindergarten, training, meal, health insurance among others).
- You will be part of a dynamic team in which you will truly develop and grow as a professional.
- You will work with a multidisciplinary team that will support you at all times.
- You will be part of a network of more than 96,000 professionals working to create a more sustainable world.
ENGIE is the answer if...
- You are looking for a solid professional project with professional projection.
- You value being part of the first independent energy group in the world.
- You want to grow and develop within a dynamic and challenging company.
If you consider that your work, together with the efforts of the people who are part of the company, can and should have a positive impact on the environment.
If you want to be part of an international group, able to offer a wide variety of jobs in a dynamic and promising sector, we are waiting for you!
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