Forecasting Analyst

Join the Market Leader in Power and Gas Trading Solutions

The electrical grid is the largest and most complicated machine ever built - and right now, it’s in the middle of being reformed and reinvented! Yes Energy’s industry-leading power and gas trading analytics software provides real-time visibility into a massive amount of data required to plan and efficiently operate that machine every minute of every day. Our unique and innovative view of the data informs real-time financial and operational decisions that keep utility prices low and the grid reliable. This drives innovation in this critical infrastructure. It’s challenging work with a purpose.

Be a part of our successful, growing business during national transformation.

Position Details

• Salary Range: £33,000-37,000 per annum

• Full-Time

• Hybrid: 2-3 days a week in the office

• Reports to: Director, Data Analytics

• Location: London, United Kingdom; Three minutes walk from London Waterloo station and a 15-20 minute walk from central London attractions such as Westminster, the South Bank, and the West End theatre district

Position SummaryThe Forecasting Analyst will be responsible for the forecast accuracy of models supporting a portfolio of clients and, jointly with members of the Forecasting Operations Team, for the overall satisfaction of those clients. The Analyst will participate in various activities, including processing and managing data, building new and maintaining existing models, becoming an energy demand market expert on relevant aspects of the energy industry, and developing strong working relationships with clients inside that portfolio.

Primary Responsibilities:

• Forecast power and gas demand using Yes Energy’s software ecosystem.

• Collect and clean data from internal and external sources, ensuring data accuracy and integrity.

• Manipulate and analyze large datasets in the process of building models.

• Perform in-depth analysis of market trends, energy consumption patterns, and competitor activities.

• Develop and maintain data processing tools (data processing scripts, databases, and forecast deliveries), dashboards, reports, and visualizations to communicate key insights to stakeholders.

• Collaborate with teams across the organization to identify process improvement and innovation opportunities and ensure the delivery of our forecasts and services.

• Assist in developing predictive models and forecasting tools to support business planning and decision-making.

• Interact with customers by phone, email, and in person in our office or directly at their place of business.

• Present findings and recommendations to management and other stakeholders clearly and concisely.

• Research and develop methodologies around emerging energy trends and new markets, potentially leading to new product development.

• Participate in sales conferences and client support meetings in Europe and the Middle East.

Minimum Requirements

• BSc degree. A solid academic background in a quantitative discipline, including modules in statistical theory and/or econometrics. Postgraduate knowledge of statistical theory and/or econometrics is preferred.

• Excellent/Fluent English - written and spoken.

• Eligible to work in the UK.

• Willing to learn and develop new skills and to progress within the company.

• Good PC skills in a Microsoft Windows operating environment.

• Ability to work and cooperate as part of a team in a multicultural environment.

• Strong analytical skills and good attention to detail.

• Strong decision-making ability under pressure and time constraints.

About Yes Energy

Overview

Yes Energy delivers real-time market data and electric power trading decision solutions. Over 1,000 market participants use Yes Energy solutions daily. The business is a leader in all aspects of information content collection and management, developing and delivering data and market analytics solutions. Since its inception in 2008, Yes Energy has become a trusted and respected supplier of innovative and reliable solutions focused on the needs of power market analysts, traders, and trade managers. Yes Energy has a team of over 250 amazing professionals across the United States, Europe, and Asia.

Compensation and Benefits

We offer highly competitive salaries and real bonuses that are achievable and that you can impact. Our benefits package is also very competitive, including flexible work schedules, a non-contributory Pension plan, a cycle ownership scheme, staff wellness benefits, a company Bonus scheme, and 25 days holidays. Our London office is a 3-minute walk from the London Waterloo station.

At Yes Energy, we are dedicated to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Yes Energy provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Yes Energy complies with applicable state and local laws governing nondiscrimination in employment in every location where the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.