Power & Gas Business Analyst | Front Office Risk | £750/Day Outside IR35 | 2-3 days office, LDN

ZipRecruiter; London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading commodities & energy trading house seeks a Power & Gas Business Analyst for a pivotal role in their technology transformation. You will enhance Front Office Power Trading functions, engaging with various stakeholders and contributing to the trading lifecycle of power and gas. Candidates must demonstrate extensive knowledge in trading processes, robust analytical skills, and the ability to document requirements effectively.

Qualifications

• 5 years’ experience as an IT Business Analyst in Trading.
• Physical commodities trading experience.
• Front/middle office knowledge with pricing and valuation.

Responsibilities

• Identify user needs and create mock-ups or examples.
• Perform hands-on system or data analysis.
• Work in Agile and Waterfall methodologies.

Skills

Power Physical Trading Lifecycle

REMIT Reporting

Data Analysis

Documentation

Agile Methodology

Waterfall Methodology

Job description

Job Description

Power & Gas Business Analyst | Front Office Risk | £750/Day Outside IR35 | 2-3 days office, LDN

Commodities & Energy Trading House are going through a technology landscape transformation. As such, a big project is removing their Valuations and PnL portfolio out of their current ETRM and transferring the data to a brand new, bespoke ETRM that can facilitate the trades of Power.

This Power Business Analyst role will be focussed on improving and changing the Front Office Power Trading capabilities. You will work with users from across the business and cover functionality across the end-to-end trade lifecycle for physical OTC Power & Gas.

As such, Power Business knowledge is critical for this role. An understanding of ETRM’s, OTC exchanges, Reporting such as REMIT, concepts like baseload, peak and off peak, intraday and day ahead trading, PPAs, the Physical Power Trade Lifecycle, M2M and P&L, VAR, Power Grids etc.

As a Power Business Analyst, you will work with both front office and middle office users, with direct desk access on the trading floor, gaining exposure across end-to-end trade lifecycle for physical Power.

As a Power Business Analyst, you will be required to perform extensive hands-on work in the current ETRM, understanding the Physical Commodities lifecycle and the data needed from both front and middle office, in order to develop extensive system and app knowledge of the different trades. As a Power Business Analyst, you will be required to be proactive in engaging with users and working with them in a collaborative and open manner. You must take ownership of creating structured documentation (e.g. backlogs of user stories) and be able to communicate effectively with technical and non-technical individual.

Day rates: Up to £750/Day Outside IR35

Tenure: 6 months rolling

Location of work: Hybrid. 2-3 days from the office, LDN

Expertise: Power Physical Trading Lifecycle, PPA, Day ahead, Intraday, REMIT Reporting etc

Duties of the Power Business Analyst:

• Working with the users to identify their needs
• Creating worked examples, mock-ups, test cases or similar to help users understand their requirements and potential solution options
• Performing hands-on system or data analysis to identify changes (e.g. to usage, to configuration or to class-event)
• Able to work in both an Agile and Waterfall methodology
• Assessment, Documentation, Prioritisation, Workshops etc

Experience needed for the Power Business Analyst:

• 5 years’ experience as an IT Business Analyst in Trading
• Physical commodities trading experience – understanding of the physical trading lifecycle
• Power – REMIT (Plus), OTC Exchanges, Balancing, Baseload, Peak and Off-Peak, Intraday/Day Ahead, PPAs, VAR, Power Grids
• Front / middle office knowledge; pricing and valuation (P&L, risk exposure, etc.)
• Agile AND Waterfall experience

If you are interested in this Power Business Analyst role. Please reply with your latest CV or send it direct to [e-mail]