Front Office Trading Analyst

ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland, Northern Ireland and Great Britain, and an international energy consulting business.

With almost 8,000 employees we invested €1bn in infrastructure last year, contributed over €2bn to the economies we operate in and distributed over €2m across a range of community initiatives. This requires us to bring the best of our capabilities together to deliver innovative and value-driven solutions that enable our customers to live low-carbon lives. ESB strives to foster an effective and inclusive culture where people engage, challenge and feel connected to our purpose, colleagues, customers and community.

Position Description 

Customer Solutions Trading team delivers optimisation, risk management and wholesale market access to Electric Irelands portfolio. Trading plays a critical role in delivering value to its customers through management of its supply positions.

The trading team is a key part of customer solutions business. The team is responsible for optimising revenue streams from our supply portfolio which involves dynamically trading the output of the portfolio typically from one month out to 18 months. Central to this is trading ISEM power and associated fuels through various routes to market. 

As a Trading Front Office Analyst, you will play a crucial role in managing and executing trades, analysing market trends, and ensuring seamless communication between our trading desk and other departments.

Key Responsibilities

• Sourcing Energy Contracts: handle the procurement of energy contracts and related financial instruments to manage wholesale energy costs. 
• Trading in the Prompt Electricity Market (ISEM): trade electricity to meet customer demand in the ISEM. 
• Purchasing Gas: purchasing gas and ensure gas supplies are sufficient to meet customer needs. 
• Analysis and Reporting: provide analysis to support trading and strategic decisions, and report on all trading-related activities. 
• Provide insights into the energy markets to support the trading strategy. 
• Assess and manage risks associated with trading activities across all portfolios

Experience and Qualifications 

Essential 

• Relevant 3rd level qualification or equivalent. 
• 3+ years relevant experience 
• Knowledge of Energy Markets
• Good analytical and numerical skills
• A pro-active, enthusiastic, and commercially focussed individual 
• Strong Microsoft Office skills particularly Excel/Word/Powerpoint 
• Attention to detail with ability to work to tight deadlines whilst maintaining accuracy 
• Proven ability to collaborate and engage with stakeholders
• The ability to work as part of a team and provide support and guidance to other team members 

Desirable 

• Knowledge of wholesale or retail electricity markets or trading environment would be an advantage 
• Risk Management Experience 
• Experience in programming languages would be advantageous 
• Proven analytics capability 

Location 

This position will be based in Swift Square, Santry

ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.

Reporting To

Forwards Team Lead, ET&R, Electric Ireland.

Location 

This position will be based in Swift Square, Santry

ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.

Reporting To

Forwards Team Lead, ET&R, Electric Ireland.

Why Work with Us? 

• Opportunity to lead Ireland’s transition to net zero carbon future 

• Progressive, hybrid working model 

• Career development through mentoring and training

• Corporate Social Responsibility Opportunities 

• Sports and Social Clubs 

• Networking opportunities 

• Credit Union 

• Generous Pension 

• Access to staff well-being programmes 

• Generous parental leave entitlements 

• Strong values-based and inclusive culture

• Strong commitment to diversity, equity and inclusion

• Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted 

Salary

€46,000 - €54,000 depending on experience

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