At a Glance
- Tasks: Join as a Gas & Power Business Analyst, driving digital transformation in energy trading.
- Company: Be part of a leading organisation in the Energy Trading sector, focusing on Gas & Power markets.
- Benefits: Enjoy a hybrid work model, earning £800/day with a rolling 6-month contract.
- Why this job: Make an impact in a dynamic industry while collaborating with global teams and enhancing your skills.
- Qualifications: Experience in Energy Trading, ETRM systems, and strong communication skills are essential.
- Other info: This role is outside IR35, offering flexibility and a chance to lead in a pivotal market.
The predicted salary is between 60000 - 84000 £ per year.
A Gas & Power Business Analyst is needed for an exciting long-term contract opportunity within the Energy Trading sector. This role is perfect for someone who has a deep understanding of energy trading and is a Gas & Power SME, understanding the market dynamics and how the wider world impacts the Gas & Power markets.
For this role, having a strong understanding of data coming in from the exchanges such as EPEX SPOT, EEX Futures or Nord Pool is essential. Experience working with ETRM systems is very advantageous, as the role requires someone who is confident with ETRM product onboarding, setting up exchange-based products, trade capture, end of day output calculations, and how a product needs to be modelled and captured in an ETRM.
This hire will be working on new functionality of trade volumes associated with trade PPA, collaborating with offshore delivery teams. The candidate must understand data coming in from the exchanges and have knowledge of trade capture. Examples of great prior experience include setting up exchange-based products, understanding product specifications for an EAX financial set link, and understanding marked market calculations and end of day output calculations.
This role is designed for a Power & Gas SME Business Analyst. As a Gas & Power Business Analyst, you will join the organisation to spearhead the internal global digital transformation currently underway across all verticals, specifically looking at their Gas & Power systems. With the Gas & Power markets currently in the spotlight due to changes in the wider world and its markets, coming into the organisation as a Gas & Power SME will cement you as a key member of the team on a long-term basis, as someone stakeholders across the business can turn to for all things Gas & Power.
As part of their digital evolution, a brand-new Power ETRM is being introduced within the next 12 months, with the current ETRM being phased out by the end of the year. You will be introducing new functionality of trade volumes associated with trade PPA (Power Purchase Agreements) and taking data coming in from the relevant exchanges. This role will help guide the client through market shifts, operational challenges that arise when upgrading IT infrastructure, and financial decisions that will ensure project profitability, compliance, and strategic growth in this competitive and regulated industry.
Having strong communication skills with offshore stakeholders is key, and good documentation skills are essential for working with the organisation's offshore delivery teams.
The Gas & Power Business Analyst contract details are as follows:
- 6 months rolling contract
- £800/Day Outside IR35
- Hybrid working (2-3 days in London)
Key Gas & Power Business Analyst Requirements:
- Proven experience as a Business Analyst in the Physicals or Derivatives Energy Trading space
- Strong background in Energy Trading and familiarity with trading platforms, specifically Gas & Power
- Excellent communication and stakeholder management skills
- Experience working with ETRM systems
- Experience with Product onboarding, Curve set-up, Complex Pricing, Trade Capture, Valuations, PNL
- Identifying improvements in existing processes/products
- Building long-term sustainability through documentation
- Working alongside the front office and risk teams to understand requirements
If you are interested in this Gas & Power Business Analyst role, please apply to the advert or send your CV to ross@virtuetech.io.
Gas & Power Business Analyst - Energy Trading | Power SME | 6 Months Rolling | Outside IR35 | Hybrid | £800/day employer: VirtueTech Recruitment Group
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Gas & Power Business Analyst - Energy Trading | Power SME | 6 Months Rolling | Outside IR35 | Hybrid | £800/day
✨Tip Number 1
Network with professionals in the Energy Trading sector. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends. This can help you gain insights into what companies like us are looking for in candidates.
✨Tip Number 2
Familiarise yourself with ETRM systems and their functionalities. Consider taking online courses or certifications that focus on ETRM product onboarding and trade capture. This knowledge will make you stand out as a candidate who understands the technical requirements of the role.
✨Tip Number 3
Stay updated on market dynamics affecting Gas & Power. Follow relevant news sources and reports to understand how global events impact energy trading. This will not only prepare you for interviews but also demonstrate your passion for the industry.
✨Tip Number 4
Practice your communication skills, especially in a remote context. Since this role involves working with offshore teams, being able to convey complex information clearly and effectively is crucial. Consider joining groups or forums where you can engage in discussions related to energy trading.
We think you need these skills to ace Gas & Power Business Analyst - Energy Trading | Power SME | 6 Months Rolling | Outside IR35 | Hybrid | £800/day
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the Gas & Power sector, particularly your familiarity with energy trading and ETRM systems. Use specific examples that demonstrate your expertise in trade capture, product onboarding, and market dynamics.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the energy trading industry and how your skills align with the requirements of the role. Mention your experience with exchanges like EPEX SPOT or Nord Pool, and how you can contribute to the company's digital transformation.
Highlight Communication Skills: Since strong communication skills are essential for this role, provide examples in your application that showcase your ability to work with offshore stakeholders and manage documentation effectively. This will demonstrate your capability to collaborate across teams.
Showcase Problem-Solving Abilities: Include instances where you've identified improvements in existing processes or products within the energy trading space. This will illustrate your analytical skills and your proactive approach to overcoming operational challenges.
How to prepare for a job interview at VirtueTech Recruitment Group
✨Showcase Your Energy Trading Knowledge
Make sure to highlight your understanding of energy trading dynamics during the interview. Be prepared to discuss how market changes impact gas and power sectors, and provide examples from your past experiences that demonstrate your expertise.
✨Familiarise Yourself with ETRM Systems
Since experience with ETRM systems is crucial for this role, brush up on your knowledge of product onboarding, trade capture, and end-of-day calculations. Be ready to explain how you've successfully worked with these systems in previous roles.
✨Prepare for Stakeholder Management Questions
Given the importance of communication skills in this position, think of examples where you've effectively managed stakeholders, especially in offshore teams. Highlight your ability to document processes and communicate complex information clearly.
✨Discuss Your Problem-Solving Skills
The role involves guiding clients through operational challenges and market shifts. Prepare to share specific instances where you've identified improvements in processes or products, and how your solutions contributed to long-term sustainability.