Back Office Energy Market Manager

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Client:

Location:

Madrid, Spain

Job Category:

Other

EU work permit required:

Yes

Job Views:

4

Posted:

06.03.2025

Expiry Date:

20.04.2025

Job Description:

Mission & Activities

Reporting to Short Term Power Director in Spain, the Business Support Coordinator is a cross-functional role responsible for the Back Office and Energy Data Management activities developed in Madrid in coordination with the functional managers in TotalEnergies Gas & Power Limited, London, Meyrin-Geneva Branch (TGPG) and focal point for coordination with Middle Office and other support departments in Geneva and Paris.

Responsibilities include:

1. Settlement of operations in the Iberian Markets (OMIE and REE), settlements of renewable energy producers and suppliers (internal and external customers), with special focus on the conditions agreed in the services provided (pooling, extra-costs, pass through, etc.), accuracy of deal entry in the ETRM system and coordination with support departments.
2. Manage local Energy Data Management and Back Office resources while ensuring proper documentation of processes and procedures.
3. Improve and monitor internal processes to ensure adequate and timely flow of data and information between Madrid branch and Back Office, Energy Data Management and Middle Office teams with other support departments in TGPG.
4. Participate in the development of Back Office and Energy Data Management processes and tools, propose improvements and coordinate implementation with TGPG.
5. Interact with CNMC, OMIE and REE settlement departments.
6. Validation and control of OMIE and REE settlements and re-settlements: C2 (m+1), C3 (m+3), C4 (m+8) and C5 (m+11) and CNMC.
7. Control of operation guarantees in the market (OMIE and REE) in coordination with supports department in TGPG.
8. Supervision of the customer support and services on settlement and invoicing activities.
9. Coordination from Madrid branch of invoicing processes conducted by the Back Office in TGPG.
10. Supervision of pooling calculation and imbalance economic cost of the Balancing Responsible Perimeter (BRP) by technology and standalone assets.
11. Monitor legal regulations, changes in market rules and REE operating procedures (settlements and measurements) and other applicable regulation.
12. Collaborate with MO to ensure the trading activities compliant with Trading Delegation of Authorities.
13. Lead coordination and review of the local branch ETRM structure and deal modelling.
14. Collaborate with MO to enhance PnL and risk reporting, effectively communicating PnL explanation and risk metrics.
15. Work closely with MO to analyze, model, and report pnl and risks for all trading activities at TGP Madrid branch.

Aptitudes y conocimientos deseados:

1. Graduate or intermediate degree preferably in Business Administration or Engineering.
2. 5-7 years of professional experience, preferably in settlements & back-office activities related to the Iberian market.
3. Fluent Spanish and English. Valuable French.

Technical and Behavioral Competencies:

1. Knowledge of settlements of the OMIE and REE markets.
2. Analytical and synthetic skills, process orientation.
3. Practical, economical, logical attitude and ability to solve problems.
4. Ability to work and deliver results working in a team.
5. Analytic and calculation-oriented, analysis and reporting.
6. Proactivity and ability to evolve.
7. Excellent oral and written communication skills.