Role OVO-View
Location: Hub based! Bristol or London (Preferred). But you have the flexibility to work wherever suits you best.
Team: EMO - Energy Markets & Optimisation
Salary banding: £35,000 - £48,000
Experience: Learner
Working pattern: Full-Time
Reporting to: Energy Trading Manager
Sponsorship: Unfortunately we are unable to offer sponsorship for this role.
This role in 3 words: Ownership, Development, Decisions
Top 3 qualities for this role: Diligence, Decisive, Commercial Acumen
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.
This role in a nutshell
Working within OVO’s Energy Trading team, this role reports to the Energy Trading Senior Manager and has responsibility for ensuring OVO’s short‑term wholesale energy market trading requirements are transacted efficiently to minimise costs and maximise value. This will require the close out of open positions either inherited through long‑term trading positions or created due to short‑term portfolio demand forecast changes. OVO’s Trading function is a dynamic and fast‑paced environment. Within the role you will be required to carry out short‑term gas and power trades in line with agreed strategies whilst ensuring OVO optimises value from participation of the portfolio electricity demand flexibility in short‑term grid services markets.
Key outcomes
* Balancing OVO’s retail power exposures within day and day‑ahead via energy exchanges and power auctions.
* Balancing within day and day‑ahead gas positions.
* Own and explain all P&L created from these trading activities.
* Act as a key interface for Trading in respect of Commercial teams; working with various stakeholders to ensure forecasts of flex capacity and flex value captured are accurate.
* Act as a key interface for Trading in respect of Tech teams; many of our flex assets operate in automated markets. Work with Tech to ensure the automated entry to these markets is working as expected.
* Develop and implement new flex market entry strategies as opportunities present themselves.
* Feed the longer‑term traders with analysis of how the short‑term energy markets are behaving and how this could affect longer‑term trade horizons.
* Ad hoc projects as required.
You’ll be successful in this role
* A desire to develop deep energy market understanding: building towards a strong working knowledge of UK energy markets, specifically within‑day and day‑ahead power and gas markets.
* Familiarity with the market rules and operating of energy exchanges (e.g., EPEX, Nord Pool, ICE) and power auctions.
* Strong analytical skills: the ability to analyze complex, fast‑moving market data to inform both immediate trading decisions and longer‑term strategy.
* Experience in developing and operating critical processes.
* Decisiveness under pressure: short‑term (within‑day) trading requires making rapid decisions with potentially incomplete information. Comfortable managing risk.
* The ability to take initiative in addressing complex challenges.
* Demonstrable high attention to detail with the ability to spot potential issues in high‑value processes.
* Take pride in the value add of diligently delivering key processes as much as from Trading performance.
* Flexibility; willing to contribute across a range of projects.
* Degree in an analytical, numerical or science‑based subject or relevant work experience in a relevant role.
* Comfortable with an unpredictable and changing workload – need to react to changes in the market and business requirements.
* Thriving in a fast‑paced, dynamic environment.
Benefits
We’ll pay you between £35,000 and £48,000, depending on your specific skills and experience. If your expectations differ, we’re happy to discuss.
You’ll be eligible for an on‑target bonus of 15%. OVO has one 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, plus flex pay. You’ll receive 9% flex pay on top of your salary – 4% of this is auto‑enrolled into your pension, and the remaining 5% can be used to purchase flexible benefits, including green options, added to your pension, or taken as cash.
* 34 days of holiday (including bank holidays).
* For your health: healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more.
* For your wellbeing: gym membership, travel insurance, workplace ISA, will writing services, dental insurance, and more.
* For your lifestyle: extra holiday buying, discount dining, home & tech loans, and support for your favourite charities with give‑as‑you‑earn donations.
* For your home: up to £400 towards any OVO Energy plan, plus great discounts on solar, smart thermostats and EV chargers.
* For your commute: discounts on ultra‑low emission car leasing, cycle‑to‑work scheme and public transport season ticket loans.
We’d be thrilled if you tick off all our boxes, yet we also believe it’s just as important to tick off all of yours. If you think you have most of what we’re looking for but not every single requirement, we’ll still love to hear from you!
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