Settlements & Market Data Analyst

Settlements & Market Data Analyst

Full-Time 35000 - 45000 € / year (est.) Home office (partial)
Arenko Group

At a Glance

  • Tasks: Analyse market data and manage settlements for clean energy services.
  • Company: Join Arenko, a leader in the zero-carbon energy transition.
  • Benefits: Enjoy flexible working, 25 days holiday, and premium medical insurance.
  • Other info: Be part of a diverse team committed to sustainability and innovation.
  • Why this job: Make a real impact in the clean energy sector while growing your skills.
  • Qualifications: Strong analytical skills with Excel, SQL, and Python; finance interest is key.

The predicted salary is between 35000 - 45000 € per year.

Arenko is on a mission to power a zero‑carbon grid. Since 2015 we've been building the software that makes the clean energy transition actually work, and we're scaling fast in one of the most consequential industries of our lifetime. We're fast‑paced, inclusive, and built by self‑motivated problem solvers who'd rather fix something hard than hand it off. Everyone here takes a collaborative approach to growing the business and each other.

As the world shifts to a high‑renewables, low‑carbon energy system, the grid needs a new kind of intelligence, one that can balance supply and demand in real time and unlock the full value of clean energy assets. That's where we come in. Arenko is the software partner for large, complex clean energy portfolios. Our platform, Nimbus, enables operators of batteries, renewables, and multi‑technology portfolios to manage and optimise their assets across some of the world’s most sophisticated electricity markets.

Today we control over 1.2 GW of BESS and renewable capacity for leading asset owners, independent power producers, and integrated utilities worldwide and the pipeline is growing quickly. Energy storage is fundamental to the energy transition, and delivering it responsibly is non‑negotiable for us.

We're looking for a proactive Settlements & Market Data Analyst who's equal parts finance brain and data detective, someone who doesn't just reconcile numbers, but wants to understand why the numbers are what they are. You’ll own the day‑to‑day settlement activities for balancing services, trading markets, and ancillary services across Arenko’s Route to Market service. That means running invoicing, imbalance allocation, and meter data integrity so our customers get paid the right amount at the right time. It also means picking up the phone to NESO, Elexon, EPEX, and other external counterparties to chase down the truth when data doesn’t line up.

If you enjoy a good puzzle and the detective work that comes with it, this seat will keep you busy. Settlements are only half the job. The other half is using what you learn from the data to make the whole system better. You’ll look for patterns in settlement flows, flag inefficiencies, and work directly with our Product and Technology teams to shape the roadmap for automating settlement workflows. Your insights won’t sit in a report, they’ll become features.

This is a great role for someone with a solid foundation in energy settlement data and a genuine curiosity about both finance and analytics, who wants to move into a high‑growth environment where their work meaningfully shifts the business. You’ll report to the Head of Trade Products, with a dotted line to the Chief Finance Officer.

Key responsibilities

  • Settlement operations & invoicing: Run daily and monthly invoicing and payments for power and flexibility services across our customer base; Track market access costs end‑to‑end to give the business full financial transparency; Support accurate allocation of imbalance cash flow across asset types and markets.
  • Data integrity & market monitoring: Monitor the settlement of electricity market transactions, including imbalance, balancing mechanism and capacity market payments, and ABSVD; Verify meter data accuracy and lead the manual meter data replacement process with Elexon when discrepancies are found; Analyse settlement data to surface inefficiencies, trends, and opportunities for the business; Support regulatory compliance across all trades and settlements; Help manage collateral balances at exchanges to keep us inside our limits.
  • Stakeholder engagement & continuous improvement: Be our go‑to point of contact with NESO, ELEXON, EPEX, and other counterparties when investigating discrepancies, building relationships, and understanding how the whole system fits together; Partner with Product and Technology teams to turn data quality issues into roadmap priorities; Contribute directly to automating our settlement workflows as we scale.

Who are you?

  • You have a genuine interest in both finance and data, you see them as two lenses on the same problem, not separate disciplines.
  • You have a proactive mindset, you spot the gap and fill it rather than waiting to be told.
  • You have the confidence to pick up the phone to an external counterparty and hold your own in a technical conversation.
  • You have excellent communication, collaboration, and problem solving skills.
  • You have strong analytical skills with Excel, SQL and Python; comfort with trading and accounting systems (Access Financials experience welcome).
  • You have proven experience in energy market settlements is a plus with knowledge of the GB energy market, NESO, and Elexon processes being a double plus.

So what’s in it for you?

We currently offer the following benefits with more to come in future:

  • 25 days holidays in addition to public holidays, carry over flex and festive office closure.
  • A genuine approach to flexible working.
  • Enhanced parental leave offerings with 6 months of full salary for the primary caregiver and 1 month for the secondary caregiver.
  • Premium Private Medical Insurance through Freedom Elite on a Medical History Disregarded (MHD) basis.
  • A yearly salary review for all employees.
  • Personal annual learning and development budget and fully covering the costs of professional membership fees and subscriptions relevant to your role.
  • Access to MindTools.
  • Bike to Work Scheme.
  • Octopus EV Scheme.
  • Access to our Employee Assistance Programme and complimentary eye tests in partnership with Specsavers.
  • Internal working groups to focus on the things that matter to you.
  • Regular opportunities to engage with our team, including quarterly socials, the big Festive Gathering and the Summer Party.

Want to join us? Here at Arenko, we want every employee and candidate to feel valued, comfortable, and able to be their own free self at work. Together, we are committed to building a diverse and inclusive culture that encourages, supports, and empowers the authentic voices of all our employees. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or any other aspect that makes you unique.

Settlements & Market Data Analyst employer: Arenko Group

Arenko is an exceptional employer dedicated to powering a zero-carbon grid, offering a dynamic and inclusive work culture where self-motivated problem solvers thrive. Employees enjoy generous benefits such as flexible working arrangements, enhanced parental leave, and a commitment to professional growth through personal development budgets. With a focus on collaboration and innovation, Arenko provides a unique opportunity for individuals passionate about clean energy to make a meaningful impact in a rapidly evolving industry.

Arenko Group

Contact Detail:

Arenko Group Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Settlements & Market Data Analyst

Tip Number 1

Get to know Arenko and its mission! Research the company’s values and projects, especially around clean energy. This will help you tailor your conversations and show genuine interest during interviews.

Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!

Tip Number 3

Prepare for those tricky interview questions! Think about how your skills in finance and data analysis can solve real problems at Arenko. Use examples from your past experiences to demonstrate your problem-solving abilities.

Tip Number 4

Don’t forget to follow up! After your interview, send a thank-you email expressing your appreciation for the opportunity. It’s a great way to reinforce your interest and keep you top of mind for the hiring team.

We think you need these skills to ace Settlements & Market Data Analyst

Settlement Operations
Invoicing
Data Integrity
Market Monitoring
Analytical Skills
Excel
SQL

Some tips for your application 🫡

Show Your Passion for Clean Energy:When you're writing your application, let your enthusiasm for clean energy and sustainability shine through. We want to see that you care about our mission to power a zero-carbon grid, so share any relevant experiences or projects that highlight your commitment.

Be a Data Detective:Since the role involves a lot of data analysis, make sure to showcase your analytical skills in your application. Talk about any past experiences where you've solved complex problems using data, and how you approached those challenges like a true detective.

Tailor Your Application:Don’t just send a generic application! Tailor your CV and cover letter to reflect the specific skills and experiences that match the Settlements & Market Data Analyst role. Highlight your finance background and any experience with energy market settlements to grab our attention.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Arenko Group

Know Your Numbers

As a Settlements & Market Data Analyst, you'll be dealing with a lot of data. Brush up on your knowledge of energy market settlements and the specific metrics that Arenko focuses on. Familiarise yourself with terms like imbalance allocation and meter data integrity so you can speak confidently about them during the interview.

Show Your Detective Skills

This role is all about problem-solving and digging into data discrepancies. Prepare examples from your past experiences where you've had to investigate issues or find patterns in data. Highlight how your analytical skills helped improve processes or resolve conflicts, as this will resonate well with Arenko's mission.

Engage with Stakeholders

Arenko values collaboration, so be ready to discuss how you've successfully engaged with external stakeholders in previous roles. Think of times when you’ve had to communicate complex information clearly or build relationships with counterparties. This will show that you can hold your own in technical conversations.

Embrace Continuous Improvement

Arenko is looking for someone who is proactive and eager to improve systems. Be prepared to talk about how you've identified inefficiencies in your past work and what steps you took to address them. Show your enthusiasm for contributing to the automation of settlement workflows and how you can help shape the future of their operations.