Senior Valuation Analyst
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SSE has big ambitions to be a leading energy company in a low carbon world. Following our commitment to invest £20.5 billion in low carbon projects to 2027, we have significant growth plans and are well on our way to achieving our ambition to build a world that's more sustainable and inclusive for you, your family, the community you live in and for generations to come. We are proud to be playing a crucial role in the net zero transition, ensuring we have the energy supplies required to meet the needs of our customers; procuring the fuel required by the generation plants and selling the power output from our renewable and low-carbon thermal assets.
Join us on our journey to net zero, and help us power change.
About the Role
Base Location: Perth, Edinburgh or Glasgow
Salary: £55,200 - £83,000 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.
Working Pattern: Permanent | Full Time | Flexible First options available
This is a great opportunity for a Senior Valuation Analyst to join our team within Energy Markets. As a senior member of the Market Risk team, you will play an important part in fostering a culture of innovation and improvement, helping generate ideas and seeing them brought to fruition.
As part of your role you will:
- You will undertake a key role in the business as a senior member of the team responsible for the economic valuation and risk analysis of long-term structured deals and new asset opportunities in GB, Ireland and Europe. There will be a focus on renewable PPA (Power Purchase Agreement) and battery opportunities across markets.
- You will assess the risks associated with structured power deals (e.g. liquidity, shape, capture, imbalance) and the valuation models used for trading and hedging in wholesale energy markets and engage with the wider Market Risk function to develop the appropriate risk control framework.
- You will provide quantitative modelling expertise and collaborate with commercial quantitative teams to progress with pricing assumptions and valuation and risk models.
- You will develop tools for ongoing long term portfolio reviews and produce analysis and insight to senior management and exec teams to support strategic decision making.
- You will act as a representative for Market Risk on strategic projects and collaborate with other support functions (e.g. Finance) for deal support and insight.
- You will be comfortable with big data and demonstrate a flair for creating innovative solutions to meet changing needs and requirements.
What do I need?
To be considered for this role, we would love you to have:
- Strong mathematical modelling, business analysis and problem-solving skills will be essential to your success in this role. Coding knowledge (Python or equivalent) will also be highly beneficial.
- You will have energy market risk knowledge and demonstrate a comprehensive understanding of the European wholesale energy markets and market risk fundamentals.
- You will have knowledge of option products and be a highly analytical thinker who can distil complex information and communicate on various levels.
- Professional qualifications such as the FRM or ERP qualification from the Global Association of Risk Professional (or equivalent) would be advantageous.
- You will be comfortable dealing with a wide variety of stakeholders within the company and effective in building strong working relationships with other business areas.
- Experience leading and developing an effective specialist team would be advantageous.
About our Business
Energy Markets (EM) is the energy markets heart of the SSE Group, securing value for SSE's asset portfolios in wholesale energy markets as we move towards our vision of being a leading energy company in a net zero world. We play a critical role as the short-term energy market asset optimiser, and a long-term energy market adviser, for all SSE's Business Units (across SSE's Wind, Hydro, Low Carbon Thermal, Distributed Energy and Customer portfolios). This role for EM enables SSE to focus its investment in energy markets capabilities (including Trading, Risk Management, Energy Economics, Settlements and Advanced Analytics) in one centre of excellence, with these enhanced capabilities supporting value creation and decision making across the SSE Group.
What's in it for you?
We offer an excellent package with 34 days annual leave entitlement. Enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more, view our full benefits package on our careers site.
As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments you need during the application, assessment and upon joining SSE. Search for ' Inclusion & Diversity at SSE ' to find out more.
What happens now?
All applications should be made online, and I'll be back in touch after the vacancy closing date to let you know the outcome.
If you would like to discuss any working flexibly requirements or adjustments you may require throughout the recruitment and selection process, please contact Lynsey at lynsey.macdonald@sse.com or on 01738 340426.
Before commencing your role with SSE, you'll need to complete our pre-employment screening process. This will consist of a criminality and credit check.
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