Trading Optimisation Analyst

Aboriginal Health Council Of Western Australia; City of Melbourne; On-site; AUD 85,000 - 120,000; Full time

Job summary

A leading clean energy company in Melbourne is seeking an individual to join their Trading Operations team. The role focuses on driving analytics initiatives that enhance wholesale market capabilities, including optimization and advanced technology adoption. Ideal candidates will have qualifications in a quantitative field and experience in wholesale energy trading. This position offers an opportunity to significantly impact the operational efficiency and strategic direction of the company's energy portfolio.

Qualifications

• Experience in a wholesale energy trading environment highly regarded.
• Demonstrated experience in leading the delivery of production advanced analytics tools.
• Highly developed commercial understanding of Australian energy markets.

Responsibilities

• Drive delivery of key analytical initiatives.
• Enhance auto-bidding capabilities for energy storage systems.
• Partner with trading teams to optimize bidding strategies.

Skills

Analytical thinking

Expert in market analysis

Experience with machine learning

Education

Tertiary qualifications in Mathematics, Engineering, or Data Science

Postgraduate qualifications or Master's degree

Tools

Advanced analytics software

Commercial grade systems

Job description

About EnergyAustralia

Energy is changing and the entire system is being remade, harnessing the sun and wind.

At EnergyAustralia, our strategy is to lead and accelerate the clean energy transformation whilst making this transition to a clean energy future simple for all our customers.

The Team

The Trading Operations team within the Trading & Transition business unit is responsible for managing, enhancing, and extending EnergyAustralia's electricity and gas wholesale market analyses and modelling capabilities to ensure that planning, trading, strategy, and policy decisions are informed by an in depth understanding of and insight into market drivers and directions.

About the role

Embedded within the Trading Operations team, you would be part of the cross-functional agile team driving delivery of key analytical initiatives that substantially increase the value from EA's wholesale markets portfolio.

These initiatives could include focusing on :

• Operational or portfolio optimisation, forecasting, decision analysis.
• Driving the adoption of relevant advanced analytics technologies within Trading, such as machine learning, AI, distributed computing.
• Enhancing our auto-bidder for Battery Energy Storage Systems (BESS) to achieve improved outcomes or new features.
• Extending our optimised auto-bidding capability to pumped hydro and / or thermal assets.
• Partnering with our Physical Markets trading team to search for optimisation opportunities such as how we best bid into a peaking electricity market.
• Support EA's Specialised Businesses area in delivering products that add value to both the customer and the wholesale market portfolio.

The role requires the intersection of deep and highly specialised commercial and market knowledge with substantial experience in the application of advanced analytics techniques in production settings.

What are we ideally seeking?

• Tertiary qualifications in a quantitative discipline – Mathematics, Engineering, Operations Research, Data Science
• Postgraduate qualifications or Masters degree in relevant field is highly desirable.
• Experience in a wholesale energy trading environment highly regarded.
• Demonstrated experience in leading the delivery of production advanced analytics tools.
• Expert ability to get to the essence of data considering the business context, and distil key problem features into a transparent, accurate and useful model.
• Experience in the development of analytical software through hands on delivery of commercial grade systems
• Highly developed and deep commercial understanding of the NEM and other Australian energy markets, including specialised trading instruments including derivative products and energy and FCAS spot markets.

How to Apply

If you're ready to 'light the way' towards your next career move, click the 'Apply' button.

For a copy of the PD, visit the EnergyAustralia Careers page.

Applications close Thursday 4th December at pm.