OVO Energy is an independent energy technology company and supplier. The company was launched in 2009. OVO Energy is set ...View Company Profile
Location: Hub based! Bristol or London.
We would love to see you in the office minimum 2 days a week!
Team: Trading, part of the Energy business line
Salary banding: £70,000 - £90,000
Working pattern: Full-Time
Reporting to: Gethin Musk - Head of Trading
Sponsorship: Unfortunately we are unable to offer sponsorship for this role.
This role in 3 words: Multifaceted, Innovative, Exciting
Top 3 qualities for this role: Proactive and Results Driven, Creative, Expert
In the words of the team, you should leave your current role for this one because….
“It’s a really exciting opportunity, and you get to work with some great people!”
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 a diverse group of people from all 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 plays a gigantic role in making that happen. Here’s how:
Every day, Trading works to secure the best possible energy cost for our members. We do this through using our wholesale market expertise to make good trading decisions. Through developing a within day power trading capability, we are looking to expand this into the within day market, which we believe will be crucial for our customers in the future. As our customers begin to generate electricity from solar, store energy in home batteries and charge their electric cars, we believe being active in the within-day power market is important for the future.
This role in a nutshell:
Using your energy trading prowess, at the forefront of delivering the £m targets of our dynamic Energy department will be your goal. You will lead the development of our brand new within day trading desk, ultimately using this new capability to optimize OVO’s power balancing activities and deliver P&L growth.
With your expertise in UK Power markets and global energy trends, you'll make data-driven decisions and enhance a brand-new value opportunity for OVO.You will work with our tech and data science teams to build out a new analytical capability for OVO which will advise your trading decisions.
Expectations will be to hit £m P&L targets through optimizing our large within day power positions as well as taking calculated risks to generate additional value.
Get ready for an exciting role where you take charge, make a real impact, and unlock the full potential of OVO's energy portfolio.
Your key outcomes will be:
Within your first few months month you’ll:
Systems: BMRS data, our ETRM system, Reporting tools like Tableau, SQL, Python
You’ll be a successful Senior Short Term Power Trader at OVO if you…
You won’t like this role if you…
Let’s talk about what’s in it for you
We’ll pay you between £70,000 and £90,000, 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..