Back Office Analyst

Vacancy Number: 22437

Business

Job Type: Full-time

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

As the trading arm of the largest Irish energy provider, ESB Trading is responsible for the commercial management of the largest portfolio of generation assets and customers of any Irish utility with significant positions in a range of power, commodity, and emissions markets. ESB Trading aims to optimise ESB’s traded portfolio by maximising its energy margin through a strategy based on integrated portfolio management.

The Back Office function comprising of three teams (Commodity Operations, SEM Operations and Complex Contracts) is responsible for:

Managing all ESB energy trading related payments and receivables circa €5bn per annum
Managing the associated external and internal communications and any exception resolution
Providing an independent confirmation, monitoring, validation and recording function for energy trading
Managing all ESB energy regulation trade reporting for EMIR and REMIT
Managing the development of settlement and reporting solutions for on-boarding new counterparties, product types and bespoke contracts.

ESB Trading are currently looking for a highly motivated, energy analyst to work within the Complex Contracts team. This team is specifically responsible for settlement of Power Purchase Agreements, Tolling Agreements, renewable certificates, and other energy related contracts in the Irish and UK energy markets.

Key Responsibilities

This role within the Back Office team requires knowledge and understanding of end-to-end trading processes and systems, as well as the Irish and UK energy markets.

The successful candidate will play a key role in supporting the team manager and will be involved in a range of activities including:

Settlement of PPA’s, Tolling Agreements, Renewable Certificates and other trading activities
On-boarding process for new products, contracts and counterparties.
Delivery of process improvement initiatives for Back Office

Knowledge, Skills and Experience

Essential

The successful candidate should possess the following:

3 years relevant experience
Excellent stakeholder management skills
Strong analytical and reporting skills
Strong written and verbal communication skills
Ability to respond to change within a fast-changing business environment
Team player
Proven ability to work on own initiative and deliver results to strict deadlines

Desirable

SAP experience
Understanding and knowledge of energy trading in Ireland and UK

Qualifications

Essential

It is expected that the successful candidate will possess a recognised financial qualification either professional or third level or equivalent relevant experience.

Location

This position will be located in ESB Head Office, Dublin but may require travel to the Generation sites from time to time.

ESB is committed to offering flexibility in ways of working and we call that Smart Working – combining digital tools with a culture of trust and empowerment to enable flexible and remote ways of working.

Based on the operational requirements of the role, smart working arrangements will be agreed between the Line Manager and the successful candidate based on the needs of the specific role, the individual and the team.

Reporting to

The successful candidate will report to the Complex Contracts Manager, Back Office, ESB Trading.

Salary

€37,500 - €44,000

Application and Selection Process

Applications must be submitted Online

Closing date is strictly no later than 27th March 2023.

If you have any queries in relation to this job, please contact recruitment@esb.ie

Note: Please advise if you require any additional accommodations to
assist you if you are called to attend at interview.

Apply now »