Trading Operations Analyst

Who are we?

The future of energy is digitised, decarbonised, and localised. At SmartestEnergy Australia, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems. Formed in 2020, we’re an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation and SmartestEnergy Limited UK, we also have strong investment and infrastructure behind us. 

We have our corporate office in Sydney CBD and another office in Melbourne. Further expansion is planned for 2024 and beyond which means global career opportunities for you, with plenty of potential to explore new markets.

Flexibility is vital to success in our business and many of our staff work flexibly in many ways, including part-time, remotely or a mix of remote/office. Please talk to us about what flexibility means to you and don’t let anything stop you from applying. When you join our Team, you will have the opportunity to contribute and make an impact every single day.

This role is based in our Sydney office with Hybrid working arrangement. 

Role Purpose 

The Trading Operations Analyst is part of the Trading Operations team that forms part of the Trading Group. The primary focus of the role is to deliver operational excellence within the Trading Group, ensuring compliance and support to other front-office and the back-office functions.

The role will be dynamic in nature, completing activities from the post execution contract lifecycle of non-standard wholesale contracts, from deal entry to the ETRM platform through to contract obligation performance, as well as trading team operational performance, continuous improvement, and related reporting for internal and external stakeholders.

Key Responsibilities:

• Contract Management: Manage activities for the contract life cycle of wholesale non-standard contracts, that includes but is not limited to Power Purchase Agreements (‘PPAs') and Tolling Agreements for batteries and peaking assets. This shall include:
  • Deal Entry: Ensuring the accurate and timely entry of contracts into the Energy Trading and Risk Management platform (ETRM) and other related systems.
  • Contract Compliance: Activities related to ensuring all contract obligations are met by both SmartestEnergy and its contractual counterparties.
  • Performance Reporting: Regular and ad-hoc reporting related to relevant contract performance.
  • Counterparty Engagement: Liaise with wholesale counterparties and renewable developers where required to relevant contracts.
• Operational Reporting: Support the development and maintain reports, collect data, and provide insights related to Trading Operations KPI reporting, operational issues and trends across forecasting, pricing, and origination activities.
• Compliance: Support the adherence to license obligations and provide required reporting for regulatory bodies.
• Operation Issues Resolution: Keep track record of all operational issues within the Trading team to be escalated to the appropriate forum.
• Continuous Improvement: Working with IT & Change department for the implementation of IT project and solutions targeting Trading Operations, that includes:
  • Continuous Improvements: Develop process maps and assess operational processes for improvements.
  • Training Materials: Develop training materials for relevant teams on processes, products, and general guidelines.
  • Systems: Completing acceptance testing for new system development

Performance Indicators:

• Performance to wholesale contract obligations
• Adherence to all Trading operational KPIs
• Accurate, timely and maintained entry of contracts into the trading platforms
• Accurate and timely reporting to internal and external stakeholders.
• Recommend and implementation of operational process improvement across the Trading Group.
• Identifying trends and issues to the management team and relevant committees

Experience:

• Energy Operations: Having worked in an operations team within an energy company, with experience of tracking and managing operational issues, through to escalation and issue resolutions related to complex contracts.
• Reporting: Experience as an Analyst, where developing and implementing KPI reporting systems based on contract summaries and other data was a primary responsibility.
• Project Development and Delivery: Working with an IT & Change professionals to raise requirements, review scope and project documentation and complete acceptance testing.
• Data Collection and Analysis: Background in collecting and analysing data for KPIs such as supply and demand forecasts, tender responses, and origination pipeline status.
• Modelling & Analysis: Performing ad-hoc analysis on contract performance using predefined parameters and commercial rules.
• Stakeholder Engagement: Manage multiple priorities with confidence in communicating roadblocks to stakeholders

Knowledge:

• Energy Industry: Strong understanding of energy industry processes, systems and operations that support the management of wholesale contracts.
• Wholesale Energy Markets: Understanding of the Australian wholesale power markets and related generation contracts across multiple asset types.
• Trading Operations: The structure and operational processes of an energy trading department.
• Project Management: Understanding of project management methodology
• Regulatory Landscape: A general understanding of the legal, regulatory and compliance requirements of a retail energy business; and
• Reporting & Data Management: Proficient in data management and analysis, using software such as Excel, SQL, and Python.
• KPI Reporting Development: Ability to develop and implement KPI reporting systems, with tools such as Power BI, Tableau, or other business intelligence software.

What we offer:

• A genuine commitment to smarter working – we recognise your work/life balance matters
• Competitive base salary & yearly bonuses
• Leave Benefits - Parental, Wellbeing & Birthday leave
• Employee Assistance Program

Diversity:

Celebrating our inclusive and diverse culture is core to what we do. We value everybody irrespective of background, disability, religion, gender identity, sexuality, or ethnicity.

We know that for our business to thrive we need diverse talent with a range of backgrounds, skills, and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow.