At a Glance
- Tasks: Lead a dynamic team in power analytics, driving market research and trading support.
- Company: Join a leading energy firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, travel opportunities, and professional growth in a fast-paced environment.
- Other info: Based in London with opportunities for travel to North America.
- Why this job: Shape the future of North American power markets and make impactful decisions.
- Qualifications: 6-10 years in energy markets with strong analytical and leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
Lead and grow a high-performing North America power analytics function that delivers fundamental market research, trading desk support, and analytical tools to inform trading, origination, and portfolio decisions. Own the strategy, quality, and timeliness of North America fundamental analysis while managing the analysts who produce the day-to-day coverage.
Main responsibilities:
- Define the analytics strategy and priorities for North America power markets (primarily PJM, ERCOT, MISO, NYISO, ISO-NE), aligning with trading and commercial objectives.
- Hire, coach, and manage a team of fundamental analysts and model developers; set performance goals, development plans, and quality standards.
- Ensure 24/7 coverage readiness around critical market windows and major events.
- Oversee development and maintenance of fundamental views on Eastern interconnect supply–demand, seasonal outlooks, and price drivers.
- Ensure team analysis of load patterns, weather impacts, demand trends, and regional drivers supports desk positioning.
- Supervise tracking of thermal and renewable generation fleets (outages, additions, retirements, fuel cost dynamics) and integration into price views.
- Incorporate hydro, nuclear availability, and storage penetration into scenario analysis.
- Synthesize fuel market fundamentals (natural gas, coal) and assess pass-through effects on power prices across hubs/zones.
- Act as the senior research partner to the Head Trader and trading desk: deliver timely, actionable fundamental analysis and trade-ready insights.
- Oversee production of daily, weekly, and seasonal market summaries framing supply–demand balances, price risks, and material developments.
- Identify and communicate emerging themes (generation mix shifts, weather setups, regulatory changes, transmission projects) that create trading opportunities or risks.
- Provide fundamental context for forward curves, seasonal spreads, and inter-zonal relationships to support trade ideas.
- Lead development and quality control of fundamental dashboards, price forecasting models, and supply–demand trackers.
- Drive use of Python/SQL/R/Excel (and other appropriate tools) to build scalable models and automate recurring workflows.
- Work closely with data engineering to improve data pipelines from ISO portals, EIA, and proprietary sources.
- Promote application of statistical techniques and scenario analysis to uncover structural drivers and weather relationships.
- Present analysis and recommendations to senior stakeholders (traders, risk, origination, senior management).
- Establish documentation, model validation and version control best practices; maintain auditability of assumptions and outputs.
- Coordinate cross-desk and cross-region inputs where NA views impact global portfolios.
Qualifications:
- Education: Bachelor’s degree in Finance, Economics, Engineering, Mathematics, Physics, Data Science, or related quantitative field. Advanced degree (MSc, MA, MBA) preferred with related commodity concentration.
- Experience: 6–10+ years in energy markets, trading analytics, fundamental power research, or system operations, with at least 2–4 years in a people leadership role. Demonstrable experience covering North American power markets (Eastern interconnect) for energy trading merchants is essential.
- Technical skills: Strong quantitative and modeling skills. Proficiency in Excel and at least one programming language (Python, SQL, R, MATLAB, or C++). Experience with Market Data vendors, ISO portals, EIA data preferred.
- Tools & platforms: Proven track record of delivering an integrated, cloud-based platform that provides visualization of market characteristics to traders and utilizes power market simulation/optimisation tools (PROMOD, AURORA, DAYZER, UPLAN-NPM or similar).
- Communication & behaviours: Excellent ability to translate complex analysis into concise, actionable insights for traders and senior stakeholders. Strong leadership, attention to detail, intellectual curiosity, and ability to operate effectively in a fast-paced, ambiguous market environment.
- Logistics: Role based in London; willingness to travel to North America periodically for stakeholder engagement.
If you think the open position you see is right for you, we encourage you to apply!
Head of Power Analytics and Strategy - North America (based in London) employer: Gunvor Group
Gunvor Group is an excellent employer that fosters a dynamic and collaborative work culture, where innovation and data-driven decision-making are at the forefront. Employees benefit from comprehensive training and development opportunities, particularly in advanced analytical tools like VBA, Python, and Power BI, ensuring continuous professional growth. Located in a vibrant environment, Gunvor Group offers a unique chance to be part of a forward-thinking team dedicated to excellence in equity plan administration.