Market Forecasting and Analysis

Closing Date: 12 Jan 2020

Market Forecasting & Analysis Placement Student 2020/2021

Your new company…

As Energia Group we are already working for you every day. How? As Ireland’s leading energy provider, we generate and supply energy to hundreds of thousands of homes and businesses across the island of Ireland via our Power NI, Power Procurement and Energia businesses. Chances are, when you flick the switch we’ve had something to do with the lights coming on.

As you can imagine, powering over 1 million customers takes a pretty big team of people who as powerful and energetic as the electricity we supply. Our industry is in a constant state of change and we need exceptional people like you to help us deliver the future of energy. So… are you ready to switch on your career with Ireland’s leading energy provider?

Your new role…

Reporting directly to a Senior Trading Analyst, the successful student will quickly become an integral and trusted member of this team, providing operational and technical support to business activities on the trading floor. With a positive attitude and willingness to learn, the student will be given every opportunity to acquire new skills and gain valuable working knowledge of forecasting and data analysis.

Main Duties:

The successful student will be responsible for providing business support to the Market Forecasting & Analysis Team. This will include the following duties:

  • Understanding the I-SEM trading arrangements that went live in Oct 18. Including the introduction of additional market trading timeframes- forward market, day ahead market, intraday market and balancing market
  • Create short term power price forecasts to allow the trading department to optimise power positions across multiple markets
  • Complete long term forward power price & volume forecasts for relevant business areas
  • Improve forecasting methodologies & systems through extensive model backcasting to improve model results
  • Analyse and report electricity market trading data from various trading timeframes, informing key trends to senior team members in a clear and precise manner
  • Utilising data-warehouse capabilities to research, develop and implement trading ideas to allow the company to achieve strategic goals
  • Involvement in annual student promotion activities

SALARY AND BENEFITS

What will you get?

An attractive benefits package with the opportunity to earn a bonus of up to £500 at the end of your placement. This role will be based in our newly refurbished offices in Belfast which offers free coffee/tea and kitchen facilities, along with soft rooms for informal meetings and a recreational area for break times.

The successful candidate will be enrolled into the Company Pension Scheme with an employer contribution of up to 6%, and will also avail of 20 days holiday per year plus 11 statutory days. A range of additional employee benefits include: employee assistance programme, social clubs and free gym membership.

IGNITE Programme

On placement you will be welcomed onto the IGNITE Student Placement Programme where you will learn more about team building, personal effectiveness, building resilience and presenting yourself, all skills that will not only benefit you on placement, but throughout your whole career. Find out more about our student Programme by emailing us at: [email protected]

PERSON SPECIFICATION

Knowledge and Experience

Essential Criteria

  • Studying towards an honours degree in a discipline with a high level of numerical, financial or IT content and have completed year 2 by July 2020.
  • Module results to date must have a combined average in excess of 60%. (All modules and results must be listed on your CV).
  • IT literate with a sound working knowledge of MS Office and advanced Excel skills.
  • Demonstrable evidence of investigative/research work using a range of sources.

Desirable Criteria

  • A keen interest in data analytics: including data modelling, predictive analytics and advanced visualisation. Experience or knowledge of using programming languages ( e.g. SQL, Matlab, R, Python) or data visualisation tools (e.g. Power Bi, QlikSense).

Competencies

  • Drive for Results
  • Taking Ownership
  • People and Team Development

What are you waiting for…?

To apply for the above vacancy please return a current CV to [email protected] quoting ‘Energia- Market Forecasting & Analysis Placement Student.’

Additionally, please complete the attached Equality Monitoring Form and return to [email protected] quoting ‘Energia- Market Forecasting & Analysis Placement Student’ in the subject line. Your application will be considered incomplete if you fail to return both monitoring form and CV. Please note: testing may form part of the selection process.

The closing date for receipt of applications is Sunday 12th January 2020.