Market Design Advisor

Elexon; Greater London; Hybrid; GBP 63,000 - 77,000; Full time

Benefits offered by this job

Bonus

Private medical insurance

Generous pension scheme

Job summary

Elexon is seeking a Market Design Advisor to join the Market Design team on a permanent basis, focusing on the GB electricity market and BSC governance. You will provide specialist analysis, assess industry change, and develop solutions that support customers and market participants.

You will combine your BSC knowledge with analytical skills and stakeholder engagement experience to contribute to evolving electricity market arrangements and regulatory change.

Qualifications

• Good understanding of Balancing and Settlement Code (BSC) obligations, systems and processes with specialist knowledge in market design.
• Understanding of how industry change impacts BSC systems and customer processes.
• Knowledge of the roles and responsibilities of BSC Parties, BSC Agents and their agents.
• Experience undertaking technical analysis, market assessments or industry change activities.
• Ability to interpret complex market arrangements, identify issues and develop practical recommendations.
• Strong analytical and problem-solving skills, with the ability to communicate findings clearly.
• Good stakeholder engagement and customer service skills, including working with internal teams and external parties.
• Willingness to learn complex technical arrangements and procedures across the BSC and other industry codes.
• Good written and verbal communication skills, with the ability to explain technical information to different audiences.
• Confidence using Microsoft Office and willingness to develop knowledge of new analytical tools.
• Relevant academic or professional experience.
• A proactive, accountable approach to managing work and delivering high-quality outcomes.

Responsibilities

• Undertake electricity market design and analysis, supporting BSC change, product development and future market arrangements.
• Analyse operational issues within balancing and settlement arrangements, evaluating potential solutions and presenting recommendations.
• Provide specialist advice on BSC obligations, systems, processes and governance to internal teams and external stakeholders.
• Assess the impact of industry and regulatory change on BSC systems, market participants and customer processes.
• Contribute technical expertise to strategic projects and initiatives supporting the future development of electricity market arrangements.
• Work with software providers and service providers, explaining relevant BSC principles, obligations and processes.
• Support the preparation of industry consultation responses, technical analysis and stakeholder engagement materials.
• Engage with customers and industry stakeholders, including Ofgem, DESNZ, NESO, BSC Parties and service providers.
• Present technical analysis, findings and recommendations clearly to colleagues and external stakeholders.
• Collaborate with Product Owners, Change teams and other specialists to support effective delivery of market change.
• Share knowledge and technical expertise across the Market Design team and wider Elexon.
• Continue developing your understanding of BSC arrangements, industry codes and emerging market developments, adopting new analytical tools and methodologies where appropriate.

Skills

BSC knowledge

Stakeholder engagement

Analytical skills

Communication skills

Regulatory change

Microsoft Office

Data analysis tools

Agile delivery

Academic experience

Tools

Microsoft Office

Data analysis tools

Job description

We’re looking for a Market Design Advisor to join our Market Design team at Elexon on a permanent basis.

In this role, you’ll contribute to the development and improvement of the GB electricity market, providing specialist advice and analysis on the Balancing and Settlement Code (BSC), its systems, processes and governance.

Working closely with the Retail Market Design Manager and colleagues across Elexon, you’ll assess industry change, investigate complex market arrangements and help develop solutions that support customers, market participants and the wider energy industry.

You’ll combine your existing BSC knowledge, analytical skills and stakeholder engagement experience with opportunities to deepen your understanding of evolving electricity market arrangements, technology and regulatory change.

What you’ll do

• Undertake electricity market design and analysis, supporting BSC change, product development and future market arrangements.

• Analyse operational issues within balancing and settlement arrangements, evaluating potential solutions and presenting recommendations.

• Provide specialist advice on BSC obligations, systems, processes and governance to internal teams and external stakeholders.

• Assess the impact of industry and regulatory change on BSC systems, market participants and customer processes.

• Contribute technical expertise to strategic projects and initiatives supporting the future development of electricity market arrangements.

• Work with software providers and service providers, explaining relevant BSC principles, obligations and processes.

• Support the preparation of industry consultation responses, technical analysis and stakeholder engagement materials.

• Engage with customers and industry stakeholders, including Ofgem, DESNZ, NESO, BSC Parties and service providers.

• Present technical analysis, findings and recommendations clearly to colleagues and external stakeholders.

• Collaborate with Product Owners, Change teams and other specialists to support effective delivery of market change.

• Share knowledge and technical expertise across the Market Design team and wider Elexon.

• Continue developing your understanding of BSC arrangements, industry codes and emerging market developments, adopting new analytical tools and methodologies where appropriate.

What you’ll bring

• Good understanding of Balancing and Settlement Code (BSC) obligations, systems and processes, with specialist knowledge in particular areas of market design.

• Understanding of how industry change impacts BSC systems and customer processes.

• Knowledge of the roles and responsibilities of BSC Parties, BSC Agents and their agents.

• Experience undertaking technical analysis, market assessments or industry change activities.

• Ability to interpret complex market arrangements, identify issues and develop practical recommendations.

• Strong analytical and problem-solving skills, with the ability to communicate findings clearly.

• Good stakeholder engagement and customer service skills, including working with internal teams and external parties.

• Willingness to learn complex technical arrangements and procedures across the BSC and other industry codes.

• Good written and verbal communication skills, with the ability to explain technical information to different audiences.

• Confidence using Microsoft Office and willingness to develop knowledge of new analytical tools.

• Relevant academic or professional experience.

• A proactive, accountable approach to managing work and delivering high-quality outcomes.

It would also be beneficial if you have:

• Knowledge of electricity market arrangements governed by other industry codes and agreements.

• Understanding of emerging energy market developments and their potential impact on Elexon and the wider industry.

• Experience contributing to industry consultations or regulatory change initiatives.

• Experience presenting to technical groups, industry stakeholders or wider audiences.

• Experience using data analysis and processing tools.

• Familiarity with Agile delivery methodologies or an interest in developing these skills.

What’s in it for you

• Salary - £70,000

• Excellent benefits including bonus, private medical insurance and generous pension scheme

• The opportunity to work within a thriving organisation which can support your growth and development

• We operate a hybrid working approach with 2 days in our London office

Our culture

We believe a diverse and inclusive culture allows innovation and creativity to flourish. We are committed to continuously improving our culture for our colleagues and stakeholders. Through our hugely successful Diversity Forum, Mental Health First Aid network and regular programme of activities and events, we celebrate difference and recognise the value of employee wellbeing, which is a consistent outcome from annual employee surveys that we conduct. Likewise, as a community, we like to support each other, and all agree Elexon is a great place to work with a great workspace too!

At Elexon, we want to

• Provide true equality of opportunity

• Attract and retain diverse talent

• Listen to all voices

• Be representative of the communities we work in

• Be a role model for Diversity and Inclusion in the industry

Elexon together, embracing differences, listening to all voices

Ready to make an impact? Join us and help shape the future of energy services.