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- Tasks: Analyse the All-Island Electricity Market and support strategic decision-making.
- Company: Join a leading energy company with a commitment to innovation and equality.
- Benefits: Competitive salary, travel opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for growth and development.
- Why this job: Make a real impact in the energy sector while developing your analytical skills.
- Qualifications: Degree in Maths, Economics, Business, or Engineering; analytical experience required.
The predicted salary is between 35000 - 45000 £ per year.
This role will be based at either Kilroot Power Station (Northern Ireland) or our Dublin offices, and will require travel to the Dublin, Kilroot and London offices. An opportunity has arisen to recruit a Commercial Analyst as part of our All-Island commercial team. The successful candidate will support the Commercial Manager and Senior Commercial & Strategy Specialist with analysis of the All-Island Electricity Market, with a specific focus on project management, techno-economic modelling, and commercial analysis of the SEM Energy, Capacity and System Service markets. The successful candidate will be a self-starter with a strong analytical mindset, responsible for progressing opportunities to enhance revenue and efficiency while supporting strategic decision-making.
Key Responsibilities
- Reporting to the Senior Commercial & Strategy Specialist, the key responsibilities and duties will include:
- Project management of the implementation of Future Arrangements for System Services (FASS).
- Conducting modelling of Energy, Capacity, and System Service markets to support commercial processes and wider business activities.
- Conducting technical and economic analysis on electricity market and power system data sets, developing output reports and recommendations to enhance revenue, efficiency or identify new opportunities.
- Producing internal summary reports on commercial performance and opportunities, providing markets insights and techno-economic overview to assist wider business activities.
- Developing and implementing new tools to automate processes and manage complex data sets.
- Assisting with assessing the commercial impact of regulatory updates and changes on the business to optimise commercial outcomes.
- Assisting in the evaluation of capital investments and business development opportunities.
- Assisting with tendering and commercial negotiation of key commercial contracts.
Skills, Knowledge and Expertise
- Background
- Demonstrable experience in a similar commercial or analytical role - essential.
- Previous experience within the energy industry, utilities, or large-scale industrial commodity processes - strong desirable.
- A basic understanding of SEM (Single Electricity Market) Energy, Capacity, and System Service commercial arrangements - essential.
- Knowledge of the ISEM market and trading would be a significant advantage - strong desirable.
- Proven experience in employing complex analytical tools and statistics for performance analysis - essential.
- Excellent Excel skills, with the ability to build and use Excel models and analyse data - essential.
- Project Management experience - desirable.
- Behaviours
- Excellent analytical skills, being able to digest large amounts of data (numerical and text), identifying the key issues and presenting these in a concise and clear manner to non-subject matter experts - essential.
- Good verbal and written communication skills, strong interpersonal skills with confidence to liaise with senior management - essential.
- Self-starter with strong project management/co-ordination skills - desirable.
- Strategic thinker who is positive, adaptable, and a continuous improvement seeker - desirable.
- Qualifications
- Minimum 2:1 Honours Degree in Mathematics, Economics, Business, Finance, or an Engineering-related subject or alternatively extensive relevant experience - essential.
- A qualification in project management - desirable.
Further Information
Recruitment Agencies
This role is being advertised directly by TTEP UK & Ireland. At our discretion we will contact select recruitment partners and kindly ask that agencies do not contact us regarding this vacancy.
Equal Opportunities
We have a comprehensive Equal Opportunities Policy, which is based on equality of opportunity and the merit principle. The company is committed to appointing the best person for the job irrespective of personal factors that are not relevant to the performance of the job. In accordance with our Equal Opportunities Policy, the Company welcomes applications from all sections of the community and especially from women and the Roman Catholic Community recognising their underrepresentation in the workforce.
Commercial Analyst employer: TTEP UK & Ireland
Contact Detail:
TTEP UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those who work in commercial analysis. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the SEM and ISEM markets. Show us you know your stuff by discussing recent trends or changes in the industry during your interview.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. When you apply through our website, it shows you're genuinely interested in being part of our team!
✨Tip Number 4
Practice your analytical skills before the interview. We love candidates who can break down complex data and present it clearly. Try explaining a recent project or analysis you've done to a friend!
We think you need these skills to ace Commercial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Analyst role. Highlight your experience in project management and analytical skills, especially in the energy sector. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that showcase your analytical mindset and self-starter attitude. We love a good story!
Show Off Your Excel Skills: Since excellent Excel skills are essential for this role, don’t forget to mention any complex models or analyses you've done. If you’ve automated processes or managed data sets, let us know how you did it!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at TTEP UK & Ireland
✨Know Your Markets
Before the interview, brush up on your knowledge of the SEM Energy, Capacity, and System Service markets. Familiarise yourself with recent trends and changes in the industry, as this will show your genuine interest and understanding of the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used complex analytical tools or Excel models to drive decisions. Be ready to explain how your analytical mindset has led to improved revenue or efficiency in past roles.
✨Project Management Prowess
Since project management is a key part of this role, think of instances where you've successfully managed projects. Highlight your ability to coordinate tasks and meet deadlines, and be prepared to discuss any relevant project management qualifications you may have.
✨Communicate Clearly
Practice explaining complex data in simple terms. The interviewers will want to see if you can present insights clearly to non-experts. Consider doing mock interviews with friends or family to refine your communication skills.