Commercial Analyst

Connect Executive Resourcing Limited; Cardiff; On-site; GBP 35,000 - 50,000; Full time

Job summary

A commercially focused energy business is seeking an experienced commercial analyst to join their Cardiff office. The role involves running price forecasting models, analyzing market developments, and producing insightful reports for key stakeholders. The ideal candidate should possess a strong numerical background and excellent analytical skills, with knowledge of the UK electricity market preferred. Applicants should be highly numerate, able to communicate complex issues clearly, and possess relevant IT skills. This is an exciting opportunity to contribute to the profitability of trading and hedging activities.

Qualifications

• Strong academic background with a numerical/analytical degree.
• Highly numerate with strong analytical skills.
• Excellent IT skills, including spreadsheet and preferably database skills.
• Developed understanding of UK electricity and relevant commodity markets.
• Excellent oral and written communication skills.

Responsibilities

• Run and improve existing price forecasting models and methodologies.
• Monitor market and regulatory developments, review external forecasts.
• Regularly review market data and input assumptions.
• Produce price forecasts and provide expert insights for decisions.
• Analyse forecasting accuracy and variance; present results to stakeholders.

Skills

Strong analytical skills

Excellent IT skills

Numerical/analytical degree

Excellent oral and written communication skills

Understanding of the UK electricity market

Education

Numerical/analytical degree

Tools

Spreadsheets

Databases

Programming skills

Job description

A commercially focused energy business is seeking to hire an experienced commercial analyst to work in a small team focused on improving the profitability of the trading and hedging activities of the company.

You will need to be highly numerate with excellent analytical skills and ideally have working experience in an energy commodity trading, risk or pricing environment within a UK energy business.

(My client's offices are easily commutable from the Cardiff, Bristol,Gloucester areas and your own transport will be required)

Key responsibilities will include:

• Run and continuously improve existing price forecasting, models, databases and methodology.
• Monitor and assess market and regulatory developments including news reports and the review and challenge external consultant forecasts.
• Maintain and regularly review market data and input assumptions.
• Produce price forecast and scenarios, and provide expert insight for optimisation, hedging, budgeting and investment/business development decisions.
• Analyse and produce regular reports including assessments of forecasting accuracy and sources of variance.
• Presentation of results to stakeholders, including senior management and investors.

Ideal qualifications, skill sets and experience:

• Strong academic background with a numerical/analytical degree.
• Be highly numerate with strong analytical skills.
• Excellent IT skills, including spreadsheet skills, and preferably, database skills and programming skills.
• A developed understanding of the UK electricity market, and relevant commodity markets, and the fundamental drivers which shape them.
• Have excellent oral and written communication skills including the ability to communicate complex issues in a clear, concise and coherent manner and understand the differing agendas and drivers of the audience.
• Knowledge of interconnected power markets and trading practices ideal, but not essential.

If you have the relevant energy background or career experience skill sets, and would like to know more about the above opportunity, then please apply now.

Due to the amount of applications we receive on a daily basis unfortunately we are only able to respond to the successfully shortlisted candidates. If you have not heard from us within 3-5 days of applying for this position, your application was not successful on this occasion. We may however be able to contact you with a more relevant position at a later date.