Renewable Energy Risk Management Analyst

Job Description

You’ll be at the forefront of the UK’s renewable energy transition, making a real difference for our customers and our planet! Working with a team of energy experts - this is a great opportunity to use your expertise to deliver real commercial and climate value, in an exciting and expanding team at OVO.

Where you’ll work

At OVO, we understand that a one size fits all approach doesn’t work for everyone. That’s why we created the OVO Way of Flexibility.

All our roles are hub based (Bristol, Glasgow or London), providing a dedicated space for collaboration, connection and teamwork. You’ll also have the flexibility to work from home.

Everyone belongs at OVO

At OVO, we are on a mission to solve one of humanity's biggest challenges, the climate crisis. And we know it takes all of us to change the world. That's why we need diverse people from all abilities, gender identities, ethnicities, ages, sexual orientations, life experiences and backgrounds to join us.

Teamworking for the planet

Everything we do here spins around Plan Zero. So, naturally, the team you’ll be joining plays a gigantic role in making that happen. Here’s how:

Working within OVO’s Energy function, this role sits within the Renewable Energy Team. We’re a team at the forefront of the energy transition, leading the charge to bring more renewable energy to our customers. This role sits within a team of experts on renewable energy - who are leading OVO’s work providing first class power purchase agreements to renewable generators all over the UK.

This role in a nutshell

You’ll work with our Renewable Energy Ops and Analytics team to deliver innovative approaches to risk management for our portfolio of renewable generators. You’ll lead on analysing out turn performance and proposing and implementing mechanisms to improve commercial performance and reduce risk within our Power Purchase Agreement (PPA) business unit. You will be led by the data - whilst thinking creatively to solve challenging problems.

Your key outcomes will be

• Developing and operating accurate, timely and insightful reporting on PPA business unit performance, including identifying and quantifying key drivers of P&L outcomes
• Providing insight and analysis into performance data in order to drive meaningful business decision making
• Performing analysis of the risks and costs associated with renewable energy procurement to drive improvements in valuation and risk management performance
• Performing regular analysis of renewable energy data to support the accurate pricing and forecasting of PPA contracts
• Leading on the proposal and implementation of cost effective risk management approaches to deliver PPA profitability and reduce risk, in conjunction with our central Energy Portfolio Management team
• Providing commercial and analytical support to the wider Renewable Energy team as required

You’ll be a successful Renewable Energy Analyst at OVO if you…

• Have at least 2+ years experience as an analyst in a commercial or risk management environment (ideally in energy or a related field)
• Have analytical and numerical capabilities, demonstrated either through a degree in a numerical or science based subject or equivalent work experience
• Have the ability to cut through the noise and provide actionable insight and pragmatic solutions based on a variety of data and information
• Ideally have experience using BigQuery, Python or equivalent languages to build robust analysis and reporting, or have a strong desire to learn
• Are confident managing and manipulating large datasets with a high level of accuracy and attention to detail
• Are willing to take the initiative in addressing complex challenges. You should thrive off direct responsibility
• Are flexible and willing to contribute across a range of projects.
• Have a drive to learn and develop new skills in a fast paced environment
• Are a self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team.

Let’s talk about what’s in it for you

We’ll pay you between £45,000 - £50,000, depending on your specific skills and experience. If your expectations are a little different, have a chat with us!

We keep our pay ranges broad on purpose to give us, and you, flexibility to match your experience to our zero carbon mission.

You’ll be eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal.

We also offer plenty of green benefits and progressive policies to help you feel like you belong at OVO…and there’s flex pay. It’s an extra 9% of your salary on top of your core pay to use as you like. You can take it as cash, add to your pension, or choose to spend it on a huge range of flex benefits.

Here’s a taster of what’s on offer:

For starters, you’ll get 34 days of holiday (including bank holidays).

• For your health
  • With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more
• For your wellbeing
  • With gym membership, gadget, travel and cyber insurance, workplace ISA, will writing services, DNA testing, dental insurance, and more
• For your lifestyle
  • With extra holiday buying, discount dining, culture cards, tech loans, and supporting your favourite charities with give-as-you-earn donations
• For your home
  • Get up to £300 off any OVO Energy plan (when you pay by Direct Debit), plus personal carbon offsetting and great discounts on smart thermostats and EV chargers
• For your commute
  • Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans

Want to hear about our full range of flexible benefits and progressive people policies? Our People Team can tell you everything you need to know.

For your Belonging

To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you.

Oh, and one last thing...

We’d be thrilled if you tick off all our boxes yet we also believe it’s just as important we tick off all of yours. And if you think you have most of what we’re looking for but not every single thing, go ahead and hit apply. We’d still love to hear from you! If you have any additional requirements, there’s a space to let us know on the application form; we want to make the process as easy and comfortable for you as possible.