Job Description
Numerate, analytical, commercial? We want to hear from you…
About the role
As a Flex Trading Analyst, you'll help facilitate the day-to-day management of the Flex contracts and support the growth, development and profitability of the customers portfolio. This includes daily position management tasks, wholesale contract trading (both prompt and curve), flex transactions and ad-hoc queries.
You'll develop an understanding of our Flex system, how Flex contracts operate and understand how this interrelates within the operation of wider UK power market. Using this knowledge, you'll take on responsibility for price fixing and unfixing transactions for clients and TPIs across a broad spectrum of products.
The Flex Trading Analyst role will require you to take on responsibility for managing the relationship for a number of clients across a variety of business sectors. What's more, your responsibilities will include delivering the technical aspects of a Flex contract - from providing market information (within regulatory boundaries) to reporting on the customer's position.
You'll manage customer demand re-forecasts, including within-day position adjustments, and deal with direct queries from customers/ agents. When calculating contract specific information for customers, you'll include billing reference rates, residual volumes and prices, cost illustrations, annual charge reviews, and ad-hoc reconciliations.
About you
As you develop in the role, you'll also begin to evaluate new tender opportunities arising from the Sales team and decide upon the best approach for delivering robust quotation packages. You'll provide input in relation to the pricing of complex Flex opportunities.
You'll need excellent numeracy skills with particular attention to speed, accuracy and detail. Ideally, you'll have advanced Microsoft Excel skills and knowledge of VBA and SQL skills. You'll also have the ability to develop models from first principles and then sense-check outputs. Knowledge of the UK & European Power Markets would be beneficial.
About Drax
Drax is playing a vital role in helping change the way energy is generated, supplied, and used. To learn more about how we're enabling a zero carbon, lower cost energy future,??click here.
At Drax, we're at our best when we're proactive, committed, and reliable - and trust others to be the same, so we are open to discussing hybrid working so you can be where you need to be. We welcome applications from everyone and hire great people to build talented and diverse teams.
