Senior Analyst, Trading Operations & Analytics

Full Time
Bristol, UK
11 months ago

Role OVO-View

Location: Hybrid - Bristol as the hub office 

But you have the flexibility to work wherever suits you best

Team: Portfolio Management

Salary banding:  £47,000 - £60,000

Experience: Mid-level/Experienced

Working pattern:Full-Time

Reporting to: Lotti Trigle, Trading Operations & Analytics Manager

Sponsorship: Unfortunately we are unable to offer sponsorship for this role.

This role in 3 words: Collaborative, analytical, wide-ranging

Top 3 qualities for this role: Precision, logic, communication

 

In the words of the team, you should leave your current role for this one because….

“You’ll be working with a driven team on the fundamental tools that OVO uses to drive its power and gas trading, so you can clearly see the impact of your work!” 

 

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

 

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:

Purchasing wholesale power and gas for our customers is the biggest contributor to bills, so a lot of thought goes into how we do it. The Trading Operations & Analytics team plays a key role by implementing hedging strategies to reduce the risk of cost fluctuations and give OVO the secure foundation it needs to support wider change in the UK energy industry.

 

This role in a nutshell:

With three other analysts, you will work as part of the Trading Operations & Analytics team to ensure that our customers’ power and gas usage is hedged appropriately. Your insight will help us to understand our spending on power and gas in detail, improve our hedging strategies and minimise unexpected moves in P+L. The role involves working closely with Trading Data Science, the Portfolio Manager and the dedicated Energy Tech team to provide data for traders, Middle Office, Finance and Commercial.

 

Your key outcomes will be:

  • Implementing agreed hedging strategies to cover OVO’s wholesale power and gas exposures, creating new processes where required.
  • Supporting developers from the dedicated Energy Tech to create a new platform for calculating OVO’s commodity exposures.
  • Developing tools to provide clear insight on the performance of wholesale energy trading activity over both past and future delivery periods to support both month end financial accounting and improvements in strategies. 
  • Maintaining and improving existing automated Python/BigQuery processes running in Airflow.
  • Liaising with Pricing, Commercial and Trading Data Science to ensure that the long term demand forecasts reflect OVO’s growth strategy and risk appetite.
  • Providing analytical support to other parts of Portfolio Management and the wider Energy team to enable the effective management of a wide range of risks.

Systems: Python, SQL, BigQuery, GCP, Airflow, Github. Tableau

You’ll be a successful Senior Analyst for Trading Operations & Analytics at OVO if you…

  • Have a numerate or analytical degree or at least three years’ experience in a numerate or analytical field.
  • Have experience with data manipulation in at least one coding language (we work with BigQuery, SQL and Python).
  • Like working on a range of projects managing multiple deadlines and are comfortable with changing direction in response to new regulatory, market or commercial priorities.
  • Can logically think through the implications of changes and proactively identify associated risks and opportunities.
  • Create clearly presented, repeatable work and are always keen to keep improving your coding skills.
  • Enjoy gaining a detailed understanding of subject matter and models, being able to explain them simply to people at different levels and support 

It would be helpful to:

  • Have experience in the UK energy sector, trading or risk management.
  • Have used data visualisation software such as Tableau.
  • Understand version control and continuous integration software such as Github and Circle CI.

 

Let’s talk about what’s in it for you

We’ll pay you between £47,000 and £60,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us!

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal. 

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay.  It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits. Here’s a taster of what’s on offer: 

For starters, you’ll get 34 days of holiday (including bank holidays). For your healthWith benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and moreFor your wellbeingWith gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more For your lifestyle With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donationsFor your home  Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargersFor your commute Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

 

For your Belonging

To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

 

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you! If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible..