Market Design Manager

Market Design Manager

Warwick Full-Time 55000 - 76000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the design of innovative market strategies for cross-border electricity trading.
  • Company: Join National Grid, a leader in low carbon energy solutions connecting the UK and Europe.
  • Benefits: Enjoy a competitive salary, hybrid working, bonuses, and flexible benefits like share incentives.
  • Why this job: Make a real impact on the energy transition while collaborating with diverse stakeholders.
  • Qualifications: Strong understanding of electricity markets and excellent communication skills required.
  • Other info: Applications encouraged before the closing date; we value diversity and support all employees.

The predicted salary is between 55000 - 76000 £ per year.

National Grid Interconnectors is at the forefront of delivering low carbon electricity between Great Britain and Europe. With a portfolio of 7.8GW of interconnection capacity, we provide infrastructure to move power to where it is most needed, providing security of supply and access to affordable power for the countries that we connect.

As a Market Design Manager, you will be responsible for developing market designs which are beneficial for the UK and connecting countries and which support Interconnector, Offshore Hybrid Asset and other asset technology strategies. You will be an expert at collaborating in a highly organised way with stakeholders inside and outside of National Grid Ventures. This includes working with partner organisations, Governments and Regulators to form these mutually beneficial solutions. If you have a good understanding of UK and/or EU electricity market arrangements and the ability to advise on how markets can evolve to best deliver net zero, we would love to hear from you!

This role is based from Warwick and you can enjoy our hybrid working from office and home.

Key accountabilities:
  • Drive the development and delivery of new market arrangements for Offshore Hybrid Assets and coordinated cross-border infrastructure in the North Sea.
  • Drive the development and delivery of NGV’s positioning on improved cross-border trading arrangements.
  • Work with internal teams to ensure alignment and drive key strategic decision making on all UK and cross-border market design issues.
  • Work with the Head of Market Design to drive our external Market Design messaging strategy across all platforms.
  • Build and maintain first class relationships across industry (including Regulators, Government, Trade Associations, key Industry Participants, NESO) to build momentum for our external Market Design Advocacy.
About you:
  • Good understanding of electricity markets in GB and across the EU wholesale market, balancing mechanism, ancillary services, renewable support mechanisms and network charges and access.
  • Experience of working in a complex environment, advising and challenging others, with the ability to effectively communicate complex issues to non-expert audiences.
  • Ability to communicate clearly and influence a range of key stakeholders.
  • An ability to embrace commercial innovation.
What you will get:

A competitive salary between £64,000 - £76,000 – dependent on capability. As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

About us:

National Grid is pioneering ways to decarbonise the energy system; from building interconnectors to allow the UK to share clean energy with our neighbours in Europe, to investing in renewable energy generation in the United States. As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, where tackling climate change and reaching net zero is a key priority.

This role closes on 11th April 2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Market Design Manager employer: National Grid plc

National Grid Interconnectors is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation in the energy sector. Based in Warwick, employees benefit from a hybrid working model, competitive salaries, and a comprehensive benefits package, including a generous pension scheme and flexible perks. With a strong commitment to employee development and diversity, National Grid fosters an environment where individuals can thrive while contributing to a sustainable energy future.
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Contact Detail:

National Grid plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Design Manager

✨Tip Number 1

Familiarise yourself with the latest developments in UK and EU electricity market arrangements. Understanding current trends and regulatory changes will help you engage in informed discussions during interviews.

✨Tip Number 2

Network with professionals in the energy sector, especially those involved in market design and regulatory affairs. Attend industry events or webinars to build connections that could provide insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully collaborated with stakeholders in complex environments. Highlight your ability to communicate complex issues clearly, as this is crucial for the role.

✨Tip Number 4

Stay updated on the latest innovations in commercial strategies within the energy sector. Being able to demonstrate your knowledge of commercial innovation can set you apart from other candidates.

We think you need these skills to ace Market Design Manager

Understanding of UK and EU electricity market arrangements
Stakeholder Engagement
Regulatory Knowledge
Market Design Development
Cross-Border Trading Arrangements
Communication Skills
Influencing Skills
Commercial Innovation
Project Management
Analytical Skills
Problem-Solving Skills
Collaboration Skills
Strategic Thinking
Adaptability

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Market Design Manager. Familiarise yourself with the key accountabilities mentioned in the job description, such as developing market designs and collaborating with stakeholders.

Tailor Your CV: Customise your CV to highlight relevant experience in electricity markets, stakeholder engagement, and any previous roles that demonstrate your ability to communicate complex issues effectively. Use specific examples that align with the job requirements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of UK and EU electricity market arrangements. Explain how your skills and experiences make you a suitable candidate for the role, and express your enthusiasm for contributing to National Grid's mission.

Highlight Relevant Skills: In your application, emphasise skills such as commercial innovation, strategic decision-making, and relationship-building with regulators and industry participants. These are crucial for the Market Design Manager position and should be clearly articulated.

How to prepare for a job interview at National Grid plc

✨Understand the Market Landscape

Make sure you have a solid grasp of the UK and EU electricity markets. Brush up on key concepts like balancing mechanisms, ancillary services, and renewable support mechanisms. This knowledge will help you demonstrate your expertise during the interview.

✨Showcase Your Stakeholder Management Skills

Prepare examples of how you've successfully collaborated with various stakeholders in previous roles. Highlight your ability to communicate complex issues clearly and influence decision-making, as this is crucial for the Market Design Manager position.

✨Emphasise Commercial Innovation

Be ready to discuss any innovative solutions or strategies you've implemented in past roles. The company values commercial innovation, so showcasing your creative problem-solving skills can set you apart from other candidates.

✨Align with Company Values

Familiarise yourself with National Grid's mission to decarbonise the energy system. During the interview, express your passion for sustainability and how your values align with the company's goals. This will show that you're not just a fit for the role, but also for the organisation's culture.

Market Design Manager
National Grid plc
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  • Market Design Manager

    Warwick
    Full-Time
    55000 - 76000 £ / year (est.)

    Application deadline: 2027-04-20

  • N

    National Grid plc

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