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Join the forefront of the low-carbon flexibility space as a Fundamentals Lead, driving strategic decisions and business value in a dynamic market
Overview
Salary
£72000 - £100000
Location
Field, Fora Montacute Yards
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Expires
Expires at anytime
Organisation summary: Be part of an innovative company that's pioneering the transition to a low-carbon economy. With a focus on flexibility in energy markets, this role offers the opportunity to contribute to the strategic direction of the business through leading-edge analysis and market intelligence. Embark on a career that not only promises personal growth with competitive compensation and comprehensive benefits but also a share in the company’s success through an employee share scheme.
- Role Summary:
- Drive strategic decision-making with high-quality market intelligence and analysis.
- Maintain and improve in-house fundamentals models and data inputs.
- Lead market analyses, research projects, and present findings to senior management.
- Update the board with regular reporting and market trend analyses.
- Maintain relationships with external revenue curve providers and monitor market developments.
- Provide energy market expertise and support to the wider business.
- Role Requirements:
- Proven experience in energy market analysis and intelligence gathering.
- Expertise in market modelling tools and Excel, with programming skills for data manipulation being desirable.
- Strong understanding of market drivers, energy market mechanisms, and low-carbon flexibility.
- Excellent communication skills, both written and verbal, with the ability to work well in a team.
Fundamentals Lead
Department: Strategy & Operations
Employment Type: Permanent - Full Time
Location: UK - London
Reporting To: Alexa Strobel
Compensation: £72,000 - £100,000 / year
Description
The Fundamentals Lead is a role sitting within the cross-functional Strategy & Analysis team supporting critical functions for Field across all teams and geographies. In this role, you will drive action and have a major impact on key business decisions - this is not a theoretical consulting type of role. As we expand our operations in the low-carbon flexibility space, we need high quality intelligence and analysis of our target markets, as the basis for strategic decision-making, and to support fundraising. We also need to ensure our in-house fundamentals model is fed with precise input data, so we can use the results to decide how to execute hedges and tolls on the medium term and trades in the short term on our operational assets, driving real business value.
In the Fundamentals Lead role, you will be responsible for the maintenance of key models and inputs, ensuring that they are fully up to date in a rapidly changing market environment. In particular, by synthesising information from a wide variety of sources (e.g. GB and European TSOs, third-party technical and market advisors) this role is key for the running of our internal fundamentals model, used by our Treasury and Technology teams to execute hedges, tolls and trades. You will lead and independently execute market analyses and research projects, and present these to the senior management team and Field investors to drive decisions. You will be expected to own subject matter expertise for the company in this area and expand the competencies of the team as a whole (e.g. in energy market fundamentals, market mechanisms, model development, etc).
Key Responsibilities
Own the sourcing and processing market fundamentals data for GB and support the development of our in-house fundamentals model: Research, analyse and synthesise key energy market information (capacity mix, demand, commodities, prices, etc) to maintain the data inputs for our in-house fundamentals model in GB. Build and maintain tools for efficient processing of data inputs and ensure they are kept up to date. Liaise with the model developers to challenge and improve our in-house fundamentals model, and serve as a thought partner for development of new features or ways to model markets.
Produce high-quality electricity market research and analysis: Carry out primary research, including developing models as relevant or running scenarios using our in-house fundamentals model. Produce robust analysis on electricity market fundamentals, and quickly and precisely present the conclusions with clear actions and implications for Field. Present outcomes to senior leadership, investors and/or the board. Examples of past research projects include:- Analysing the impact of regulatory modifications to establish Field position.
- Analysing battery buildout in GB and Europe and impact on our revenues.
- Determining Field capacity market bidding strategy.
Produce regular board reporting and updates: create monthly updates for the board on forecast vs actual revenues, complete ad-hoc requested analyses (examples in the past include deep-dive on fundamentals market drivers in GB), regularly update the business about short- to medium-term market trends to support the operation of our assets.
Own external revenue curves for GB: maintain relationships with external revenue curve providers, regularly assess which one(s) we should be using (in terms of provider, cycling assumptions, etc) and provide updates to the business on latest forecasts and changes and impacts for the business.
Monitor key market developments and changes in the drivers of value in merchant markets: Communicate key market updates and conduct analysis on expected impacts of recent market developments on Field’s business case.
Provide energy market expertise: Together with Analysis colleagues, provide technical expertise around the energy and ancillary services markets to the wider business and senior stakeholders.
Skills, Knowledge and Expertise
A bit about you:
- Desire to drive decisions through analysis and have a real impact on the business
- Expert in electricity/energy market intelligence gathering and analysis and the use of market modelling tools
- In-depth knowledge and ability to abstractly represent key market drivers of at least one of GB or other major EU market
- Ability to conceptually understand how market movements impact the business case for low-carbon flexibility
- Strong Excel skills, programming skills desirable (notably for data manipulation)
- Capacity to produce, under supervision, clear and actionable analysis outputs
- Great communicator that enjoys both upskilling team members and learning from them
- Humble and hands-on team player
- Ability to work well with others at all levels
- Ability to work to tight timescales and deadlines
Experience and skills we look for:
- Background in energy market analysis and insights within a specialist consultancy or practice, research environment, or energy market participant
- Ability to source data from numerous sources and diligently produce usable and reliable sets of model inputs
- Strong written and verbal presentation skills, good communicator, good listener, ability to understand analysis needs from different stakeholders and translate them into analytical work
- Good understanding of typical energy market mechanisms as well as generation, interconnection and storage technologies
- Strong Excel modelling skills and experience using or developing market modelling tools
Benefits
Salary: £72,000 - £100,000
We’re offering a competitive compensation package, including participation in our employee share scheme which rewards all employees for the growth of the business. You’ll be awarded shares when you join, which will vest over four years - and as the business grows in size and value, so will your shares!
We value our team’s wellbeing and belonging so we invest approx £5,000 a year on a range of perks, benefits and wellbeing activities, including regular team socials and events.
Other benefits include
- Up to 10% company wide bonus based on company performance
- Hybrid working (blend of home and office working to suit individual needs)
- 1 month a year work from anywhere in the world policy
- Nest Pension (8% combined contributions) on qualifying earnings
- Fun co-working office space in Shoreditch, London
- Dog friendly office (with some regular furry friends already in the team)
- Free team lunch once a week
- Enhanced parental leave, for all new parents:
- 6 months fully paid primary carer leave
- 3 months fully paid secondary carer leave
- 10 days fully paid leave for fertility treatment
- £2,000 annual learning & development budget to spend on whatever best supports your growth
- Spill: our mental health benefit allowing every Fielder access to equal and unrestricted therapy and resources
- Green leave: paid time off to do something good for the environment
- Regular, optional team socials designed to be inclusive for everyone (not just the pub goers!)
- Birthday carbon offset: a gift from Field to the world to celebrate your birthday
