Senior Power Analyst

Senior Power Analyst

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Citi

At a Glance

  • Tasks: Lead power forecasts and develop trading strategies for the European Power desk.
  • Company: Join Citi, a global leader in financial services with a commitment to innovation.
  • Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
  • Other info: Dynamic role with a focus on collaboration and strategic decision-making.
  • Why this job: Make a significant impact in the energy market while working with top industry experts.
  • Qualifications: 10+ years in power roles with strong analytical skills and market knowledge.

The predicted salary is between 80000 - 100000 £ per year.

The Senior Analyst leads the fundamental strategy and analytical needs of the European Power desk at Citi, providing power forecasts from day-ahead to long-term horizon up to 10 years. In coordination with the Trading team, the objective of this role is to create ideas for market hedging, relative value opportunities and long-term investment decisions.

Responsibilities

  • Lead the build out and maintenance of the data analytics, European power stack and a data visualization hub for the desk.
  • Assist in recognising relative value market opportunities and hedging strategies through a fundamental approach and propose trading strategies to monetise those fundamental views.
  • Coordinate with Sales, Research and other organisations across Markets and Securities Services and the broader business to provide updates and views for the European Power market.
  • Work with the trading desk and strategists to identify and value opportunities on long-term investments in power.
  • Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
  • Adhere to all policies and procedures as defined by your role which will be communicated to you.
  • Obtain and maintain all registrations/licenses which are required for the role, within the appropriate timeframe.

Recommended Qualifications

  • At least 10 years experience in a Power role with deep fundamental knowledge of European markets (mainly CWE, SEE, UK).
  • Knowledge of European power stack from a flow-based market coupling perspective.
  • Knowledge of hydro optimisation modelling, nuclear modulation modelling, wind/solar and residual demand modelling.
  • Experience interacting daily with traders, assisting with discovery of relative value market opportunities (CSS, CLS, cross border, time spreads) and participating in the creation of trading strategies.
  • Strong data analytics knowledge.
  • Mastters degree/University degree in Economics or STEM topic.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role. Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

  • Honesty, integrity and reputation.
  • Financial soundness.
  • Competence and capability.

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Citi is an equal opportunity employer and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

Senior Power Analyst employer: Citi

Citi is an exceptional employer for the Senior Power Analyst role, offering a dynamic work environment that fosters collaboration and innovation within the European Power desk. Employees benefit from extensive professional development opportunities, a strong commitment to diversity and inclusion, and the chance to engage in meaningful projects that shape the future of energy markets. Located in a vibrant city, Citi provides a supportive culture that values integrity and excellence, making it an ideal place for those seeking a rewarding career in finance.

Citi

Contact Details:

Citi Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Power Analyst

Tip Number 1

Network like a pro! Reach out to your connections in the power sector and let them know you're on the hunt for a Senior Power Analyst role. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Get your game face on for interviews! Research Citi's European Power desk and come prepared with insights on market trends and potential trading strategies. Show them you’re not just another candidate, but someone who can bring real value to their team.

Tip Number 3

Don’t forget to follow up! After an interview, shoot a quick thank-you email to express your appreciation for the opportunity. It’s a great way to keep your name fresh in their minds and show your enthusiasm for the role.

Tip Number 4

Apply through our website! We make it super easy for you to submit your application directly. Plus, it shows you’re serious about joining our team at Citi. So, don’t hesitate – get that application in!

We think you need these skills to ace Senior Power Analyst

Power Forecasting
Data Analytics
Market Hedging Strategies
Relative Value Opportunities
Long-term Investment Analysis
European Power Market Knowledge
Hydro Optimisation Modelling

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Power Analyst role. Highlight your experience in European power markets and any relevant analytical skills. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the power sector and how your expertise can contribute to our team. Keep it engaging and relevant to the job description.

Showcase Your Analytical Skills:Since this role involves a lot of data analytics, make sure to showcase your analytical skills in your application. Mention specific tools or methodologies you've used in the past that relate to power forecasting and market analysis.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Citi

Know Your Power Markets

Make sure you brush up on your knowledge of the European power markets, especially CWE, SEE, and the UK. Be prepared to discuss specific market trends and how they might impact trading strategies. This will show that you’re not just familiar with the theory but can apply it practically.

Showcase Your Analytical Skills

Since this role heavily relies on data analytics, come ready to discuss your experience with data visualisation and modelling techniques. Bring examples of how you've used data to identify market opportunities or develop trading strategies in the past.

Collaborate Like a Pro

Highlight your experience working with cross-functional teams, especially traders and sales. Be ready to share examples of how you’ve successfully coordinated with different departments to achieve common goals, as collaboration is key in this role.

Understand Compliance and Conduct

Familiarise yourself with Citi’s Code of Conduct and the Certification Regime. Be prepared to discuss how you ensure compliance in your work and why integrity is important in the financial sector. This shows you take the responsibilities of the role seriously.