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- Tasks: Analyse energy markets and improve price forecasting models for trading success.
- Company: Dynamic energy business focused on profitability and innovation.
- Benefits: Competitive salary, career growth, and a collaborative team environment.
- Why this job: Join a small team making impactful decisions in the energy sector.
- Qualifications: Numerical degree and strong analytical skills required.
- Other info: Easily commutable from Bristol, Cardiff, and Gloucester.
The predicted salary is between 36000 - 60000 £ per year.
A commercially focused energy business is seeking to hire an experienced energy analyst to work in a small team focused on improving the profitability of the trading and hedging activities of the company. You will need to be highly numerate with excellent analytical skills and ideally have working experience in an energy commodity trading, risk or pricing environment within a UK energy business.
Key responsibilities will include:
- Run and continuously improve existing price forecasting, models, databases and methodology.
- Monitor and assess market and regulatory developments including news reports and the review and challenge external consultant forecasts.
- Maintain and regularly review market data and input assumptions.
- Produce price forecast and scenarios, and provide expert insight for optimisation, hedging, budgeting and investment/business development decisions.
- Analyse and produce regular reports including assessments of forecasting accuracy and sources of variance.
- Presentation of results to stakeholders, including senior management and investors.
Ideal qualifications, skill sets and experience:
- Strong academic background with a numerical/analytical degree.
- Be highly numerate with strong analytical skills.
- Excellent IT skills, including spreadsheet skills, and preferably, database skills and programming skills.
- Excellent understanding of UK electricity market and relevant commodity markets and the fundamental drivers which shape them.
- Have excellent oral and written communication skills including the ability to communicate complex issues in a clear, concise and coherent manner and understand the differing agendas and drivers of the audience.
- Knowledge of interconnected power markets and trading practices ideal, but not essential.
- Ability to perform fundamental market analysis using principles of economic theory.
If you have the relevant energy background or career experience skill sets, and would like to know more about the above opportunity, then please apply now.
Due to the amount of applications we receive on a daily basis unfortunately we are only able to respond to the successfully shortlisted candidates. If you have not heard from us within 3-5 days of applying for this position, your application was not successful on this occasion. We may however be able to contact you with a more relevant position at a later date.
Energy Forecasting Analyst in Bristol employer: Connect Executive Resourcing Limited
Contact Detail:
Connect Executive Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Energy Forecasting Analyst in Bristol
✨Tip Number 1
Network like a pro! Reach out to folks in the energy sector, especially those who work in trading or analysis. A casual chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your analytical work or any relevant projects you've tackled. When you get the chance to meet potential employers, having tangible examples can really set you apart.
✨Tip Number 3
Stay updated on market trends! Regularly read up on the latest news in the UK electricity market and related commodities. Being able to discuss current events during interviews shows you're genuinely interested and knowledgeable.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly gives you a better chance of being noticed by our hiring team.
We think you need these skills to ace Energy Forecasting Analyst in Bristol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your analytical skills and experience in energy commodity trading. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the energy sector and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills: Since this role is all about numbers, make sure to include examples of your analytical prowess. Whether it’s through specific projects or tools you’ve used, we want to see how you tackle complex data challenges.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Connect Executive Resourcing Limited
✨Know Your Numbers
As an Energy Forecasting Analyst, being highly numerate is key. Brush up on your analytical skills and be prepared to discuss specific numerical examples from your past experience. Show how you’ve used data to drive decisions in energy trading or risk management.
✨Understand the Market
Make sure you have a solid grasp of the UK electricity market and its fundamental drivers. Research recent market developments and be ready to discuss how they might impact forecasting. This will demonstrate your proactive approach and genuine interest in the sector.
✨Communicate Clearly
You’ll need to present complex information to various stakeholders. Practice explaining your past projects or analyses in a clear and concise manner. Tailor your communication style to suit different audiences, whether they’re technical experts or senior management.
✨Prepare for Scenario Questions
Expect questions that ask you to analyse hypothetical scenarios or assess forecasting accuracy. Prepare by thinking through potential market changes and how you would adapt your models. This shows your critical thinking and adaptability in a dynamic environment.
