At a Glance
- Tasks: Analyse short-term power markets and support trading strategies with data-driven insights.
- Company: Join a leading energy company focused on innovation and sustainability.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to work on cutting-edge projects.
- Why this job: Make an impact in the energy sector while developing your analytical and technical skills.
- Qualifications: Strong analytical skills and a passion for data science or economics.
The predicted salary is between 50000 - 70000 £ per year.
Department
The Short-Term Analytical Team is an operational team with the following structure: 6 market analysts and a manager supporting the French Desk on weekdays. 3 analysts are working on Intraday horizon in Paris and 3 analysts are working on Day Ahead and Week Ahead horizons in London. The analysts on shift analyse the whole European electricity system in order to support the desks for price forecasting and the trading strategy. There are 7 analysts, a deputy and a manager dedicated to the optimisation of the EDF portfolio on Day Ahead and Week Ahead horizon, working 7/7 in Paris. The analyst on shift models the available flexibility of the EDF system and translates it into EPEX orders to realise an economically efficient optimisation on the Day Ahead electricity market.
Position Purpose
The role is based in London. In order for EDF Trading to maximise the return from the month-ahead to day-ahead wholesale power markets, either from EDF generation assets or through proprietary trading, the traders require detailed, commercially focussed analysis produced on a timely basis. In the front office, working closely with both the short-term analysts in charge of EDF portfolio optimisation in Paris and the power traders in London, the Short-Term Power Market Analyst has a dual role covering both operational and development duties.
Main Operational Responsibilities
- Market Analysis: Provide data analytics and risk analysis on short term power market to the desk.
- Support the Short-Term desk for the price forecasts and trading strategies.
- EDF system risk analysis: Follow the Day-Ahead and Week-Ahead optimisation shifts.
- Communicate time critical information to the traders.
- Ensure compliance with regulatory requirements, including REMIT, through the consistent application of defined processes.
Main Development/Modelling Responsibilities
The short-term power market analyst is responsible for the whole life cycle of an application or a model: from the research/design to the development/implementation and the maintenance. The analyst is autonomous on his/her projects and is responsible for critical applications.
Example of models/applications/solutions:
- Fundamental and quantitative (statistical, data science driven) models to better anticipate market behaviour and improve price forecasting models.
- All components of the market could be addressed like load forecast, competitors’ orders, availabilities, etc.
- Automation of workflows.
- Data visualisation via web applications.
SHORT TERM POWER MARKET ANALYST F/H (2024-113358) employer: EDF France
At EDF Trading, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. Our team-oriented culture fosters professional growth through continuous learning opportunities and hands-on experience in the fast-paced energy market. With a commitment to employee well-being and a focus on impactful projects, we empower our analysts to drive meaningful change in the power sector while enjoying the vibrant lifestyle that London has to offer.
StudySmarter Expert Advice🤫
We think this is how you could land SHORT TERM POWER MARKET ANALYST F/H (2024-113358)
✨Tip Number 1
Network like a pro! Reach out to current employees at EDF Trading on LinkedIn or through industry events. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your market analysis skills. We recommend practising with real data sets and familiarising yourself with the latest trends in the European electricity market. Show them you mean business!
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply as soon as you see a role that fits. The early bird catches the worm, and we want you to be that bird!
✨Tip Number 4
Follow up after your interview! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Let’s make sure they remember you!
We think you need these skills to ace SHORT TERM POWER MARKET ANALYST F/H (2024-113358)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Short-Term Power Market Analyst role. Highlight relevant experience in market analysis, data analytics, and any specific projects that showcase your skills in price forecasting and trading strategies.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your passion for the power market and how your background aligns with our needs. Don’t forget to mention any experience with regulatory compliance and risk analysis!
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical skills and any tools or methodologies you’ve used in past roles. We love seeing candidates who can demonstrate their ability to provide data-driven insights and support trading strategies.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right team. Good luck!
How to prepare for a job interview at EDF France
✨Know Your Market Inside Out
Make sure you brush up on your knowledge of the short-term power market. Understand the key players, recent trends, and regulatory requirements like REMIT. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've used data analytics in previous roles. Be ready to explain your thought process when conducting risk analysis or developing forecasting models. Highlight any tools or software you’re familiar with that are relevant to the position.
✨Communicate Clearly and Effectively
Since the role involves communicating time-critical information to traders, practice articulating complex ideas in a straightforward manner. You might even want to do a mock interview with a friend to refine your communication skills and ensure you can convey your insights clearly.
✨Demonstrate Your Autonomy and Initiative
The job requires you to be autonomous on projects, so think of examples where you've taken the lead on a project or solved a problem independently. Be prepared to discuss how you approach research, design, and implementation of models or applications, showcasing your proactive attitude.
