Trading Analyst

Connect Executive Resourcing Limited; Bristol; On-site; GBP 40,000 - 60,000; Full time

Job summary

Connect Executive Resourcing Limited is looking for an experienced energy analyst to join their team in Bristol. The role focuses on improving profitability through effective trading and hedging strategies in the energy sector.

The ideal candidate will possess strong analytical skills and experience in UK energy commodity trading, with responsibilities including price forecasting and stakeholder presentations.

This position is easily commutable from Bristol, Cardiff, and Gloucester.

Qualifications

• Strong academic background with a numerical/analytical degree.
• Be highly numerate with strong analytical skills.
• Excellent understanding of UK electricity market and relevant commodity markets.

Responsibilities

• Run and improve price forecasting and methodology.
• Monitor market and regulatory developments.
• Produce price forecasts and scenarios for decision-making.
• Analyse forecasting accuracy and sources of variance.
• Present results to stakeholders.

Skills

Analytical skills

IT skills

Understanding of UK electricity market

Communication skills

Education

Numerical/analytical degree

Job description

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

The successful candidate with have excellent analytical skills and have working experience in an energy commodity trading, risk or pricing environment within a UK energy business.

My client's offices are NOT based in central Bristol but easily commutable from the Bristol, Cardiff, Gloucester areas with you own transport.

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.
• Excellent understanding of 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 energy trading processes ideal.