London
Renewable Hedging and Forecasting Manager
Centrica
£100,000
Full-time
Description
Renewable Hedging and Forecasting Manager
Windsor with FlexFirst hybrid working
Overview
British Gas Business (BGB) is the leading provider of energy to SMEs in the UK and is focused on helping its customers energising a greener, fairer future.
Your new role is responsible for all the renewable procurement, hedging and PPA’s (power purchase agreements), position management and demand forecasting of all business customers.
Managing £0.3bn of renewable certificates costs with associated hedging and 30 TWh of renewable forecasting activity for the BGB portfolio, you will effectively manage all the risk associated with hedging certificates and renewables assets in the wholesale market supporting the delivery of compelling green tariffs and Zero Carbon agenda.
You will be required to Windsor offices on a regular basis but you have some capacity to work from home under our Flex First programme.
The Role
In your new role you will drive the strategic direction of the Centrica Group approach to the hedging and forecasting of renewable certificates. You’ll manage and develop a comprehensive hedging strategy for business customers which maximizes commercial benefits while minimizing risk exposure and maintaining legislative compliance.
You will monitor the performance of approved Renewable certificates hedging strategies through reporting and modelling. You will also manage the renewable energy wholesale purchasing requirements in order to facilitate the Centrica Group Net Zero Strategy. Operating a process of approval for all products (renewable deals) will ensure accuracy and compliance
You will ensure our pricing is well understood and operated correctly by supporting the sales & trading channels and other stakeholders. A key part of your role will be managing the allocation process of renewable assets to customers and green tariffs. You will also feed into the Fuel Mix disclosure for BGB. Ownership and responsibility of renewable certificate costs in the Group Financial Plan.
Lastly, you will proactively coach your teams and lead by example in encouraging continuous improvement including managing technology projects up to £1m.
The Person
You will have good knowledge of wholesale energy markets and experience in the energy supply or trading business.
With excellent forecasting methodology skills relating to the UK electricity market you will have experience of the development and implementation hedging strategies in energy. As a collaborative resilient leader you will have managed teams of analysts in the past and be highly numerate and analytical. You will also have great influencing skills and be able to present a narrative.
Degree qualified in a STEM subject. Experience with Amazon Warehouse, SQL, Python, and Power BI required..
#LI-BGAS
Job Types: Full-time, Part-time
Pay: £65,000.00-£100,000.00 per year
Expected hours: 30 per week
Benefits:
Company pension
Cycle to work scheme
Employee discount
Enhanced maternity leave
Enhanced paternity leave
Health & wellbeing programme
Life insurance
On-site parking
Private medical insurance
Referral programme
Sick pay
Store discount
Work from home
Schedule:
Monday to Friday
Supplemental pay types:
Bonus scheme
Performance bonus
Yearly bonus
Application question(s):
Do you have energy sector or utilities commercial experience?
Work Location: Hybrid remote in London, Greater London
Reference ID: R0057336
Benefits
Company pension, Cycle to work scheme, Employee discount, Enhanced maternity leave, Enhanced paternity leave, Health & wellbeing programme, Life insurance, On-site parking, Private medical insurance, Referral programme, Sick pay, Store discount, Work from home
Expiry date: 15/05/2024
Renewable Hedging and Forecasting Manager
Company
Centrica
Salary
£100,000
Job Type
Full-time
Location
London
Our Commitments
Building Diverse Workforces
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Our Commitments
Building Diverse Workforces