Forecasting Analyst in Cardiff

Forecasting Analyst in Cardiff

Cardiff Full-Time 60750 - 74250 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Analyse market data and improve price forecasting models for energy trading.
  • Company: Dynamic energy business focused on profitability and innovation.
  • Benefits: Competitive salary, career growth, and a collaborative team environment.
  • Other info: Commutable from Cardiff, Bristol, and Gloucester; own transport required.
  • Why this job: Join a small team making impactful decisions in the energy sector.
  • Qualifications: Numerical degree, strong analytical skills, and IT proficiency.

The predicted salary is between 60750 - 74250 £ per year.

A commercially focused energy business is seeking to hire an experienced commercial 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.

My client's offices are easily commutable from the Cardiff, Bristol, Gloucester areas and your own transport will be required.

Key responsibilities

  • 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.
  • A developed understanding of the 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.

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.

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Forecasting Analyst in Cardiff employer: Connect Executive Resourcing Limited

As a leading player in the energy sector, this large multinational company offers an exceptional work environment on the trading floor, where fast-paced decision-making and collaboration thrive. Employees benefit from a culture that prioritises accuracy and communication, alongside opportunities for professional growth within the dynamic European energy market. With a commitment to employee development and a focus on innovative market analysis, this role provides a unique chance to contribute meaningfully while advancing your career in a supportive setting.

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Contact Details:

Connect Executive Resourcing Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Forecasting Analyst in Cardiff

✨Get Involved with Industry Events

The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!

✨Join Energy-focused Online Communities

Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.

✨Consider Industry Certifications

Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.

✨Apply ThroughConnect Executive Resourcing Limited's Website

Don’t forget to apply directly through Connect Executive Resourcing Limited's website for the full-time Forecasting Analyst role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!

We think you need these skills to ace Forecasting Analyst in Cardiff

Analytical Skills
Numerical Skills
Price Forecasting
Market Analysis
Regulatory Assessment
Database Skills
Spreadsheet Skills

Some tips for your application 🫡

Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.

Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.

Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at Connect Executive Resourcing Limited. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.

Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!

How to prepare for a job interview at Connect Executive Resourcing Limited

✨Show Your Passion for Renewable Energy

In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of Connect Executive Resourcing Limited.

✨Brush Up on Industry Regulations

Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.

✨Highlight Teamwork and Project Management Skills

Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to Connect Executive Resourcing Limited.

✨Prepare for Technical Assessments

Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.