Head of Trading & Portfolio Management

ENGIE India is seeking a Head of Trading & Portfolio Management to lead market-facing capabilities in spot trading and portfolio management. The role involves building a high-performing team, implementing operational models, and ensuring compliance with regulations. The position is crucial for supporting ENGIE's growth in renewable energy and requires collaboration across regions. The job is based in Maharashtra, India and is not remote.
Head of Trading &
• Portfolio Management - India Business Line / Entity - S&EM / Energy Management / BP APAC / India Department / Team - Trading &


• Portfolio Management Expertise Center - Trading &


• Optimization Overview ENGIE is a global energy leader, providing electricity, natural gas, and energy services across the value chain. With approximately 98,000 employees operating in over 30 countries, ENGIE reported €74.3 billion in revenue for 2025 and remains firmly committed to accelerating the transition toward a carbon-neutral world by 2045. Our ambition is to combine economic performance with a positive impact on people and the planet. We invite talented and motivated individuals to join a dynamic, flexible work environment that fosters innovation and creativity-helping us tackle today's energy challenges and shape tomorrow's solutions For more than 10 years, ENGIE (via R&F - the Renewable &


• Flexible Power Business Unit) has been developing renewable assets in India, building a strong footprint in solar and wind and contributing to the country's clean energy transition. ENGIE is now accelerating its growth ambitions, including scaling its renewable and flexible asset portfolio. As part of this acceleration, ENGIE is establishing a strengthened Supply &


• Energy Management (S&EM) capability in India to support merchant exposure management, market access, optimization, and future trading requirements.


Purpose The
Head of Trading & Portfolio Management - India will build, develop and lead ENGIE's market-facing capabilities in spot trading DS1 , market analysis, and portfolio management to support ENGIE's growing asset base and clients portfolio. While the forward trading component will remain limited initially, the role will also develop the strategic foundations required for forward market readiness as India's regulatory framework evolves and liquidity deepens. This Trading & Portfolio Management role is attached to our Expertise Centre Trading & Optimization in order to benefit from our global expertise & experience.


The role also partners closely with Origination teams to develop a commercial franchise that will support our portfolio activities. Initially, the role involves operational, hands-on, and strategic tasks during setup and team building, then shifts to greater leadership and strategy.


Responsibilities: Leadership & Capability Building - Define and implement the roadmap for Trading & Portfolio Management activities in India, aligned with ENGIE's accelerating growth in renewables and flexible assets


Build, lead and mentor a high performing team across spot trading, portfolio management, market analysis, and, when relevant, future forward trading.Design and Implement ENGIE's S&EM operating model, including processes, tools, and governance required to support market facing activities ; develop the strategic foundations required for forward market readinessEnsure full adherence to ENGIE's S&EM Risk, Compliance & Ethics framework and external regulations, fostering a culture of disciplined risk management and operational excellenceStrengthen cross-functional collaboration with R&F and within S&EM across India, Europe and Singapore to leverage global expertise and align with ENGIE group best practices.Represent ENGIE in interactions with regulators, system operators and market bodies to help shape market design and ensure compliance Portfolio Management - Develop and maintain a complete and consistent representation of the ENGIE India upstream (renewables, BESS assets) and downstream (Utility and Commercial & Industrial clients) portfolioIdentify and capture portfolio synergies across assets, commercial activities, and market positionsCollaborate with R&F teams on tenders requiring, flexibility, merchant risk assessment or portfolio integrationPropose and execute hedging strategies aligned with R&F risk appetite,Enhance client engagement by tailoring portfolio solutions to evolving Customer & Industrial clients needs, strengthening ENGIE's market positioning.Advise and lead the execution of R&F hedging strategies in line with their risk appetite and PL targetsMonitor the performance of these strategies and the financial performance of individual books and the aggregated portfolio, adapting approaches as markets and portfolio evolve Spot Trading - Lead ENGIE's participation in short term markets such as Real Time Market, Day Ahead Market Term Ahead Market and RECOptimise merchant exposures to maximise value while staying within risk mandate, regulatory boundaries and ENGIE's operating framework.Develop and embed best practice, operational discipline for daily market participation. Market analysis - Establish strong market