Risk & Technique Analyst

The primary function of the Assurance product within Elexon is to oversee the delivery of the Performance Assurance Framework (PAF). The PAF allows Elexon to ensure that any risk to the accuracy of data used for energy settlement purposes is managed and mitigated effectively.
The Performance Assurance Teams, led by the Performance Assurance Managers, are responsible for the following areas:
+ The co-ordination and management of identified Settlement Risks by deploying Performance Assurance Techniques and additional assurance activities;
+ The identification of new risks to the accuracy of Settlement; and
+ The delivery of Performance Assurance Techniques, deployed against all BSC Parties in an annual cycle of risk detection and mitigation., As directed by the Performance Assurance Managers, you will contribute to a number of assurance activities by:
+ Assuming the role of Risk Owner - leading the management of Risks that are allocated to you, including recommending which Performance Assurance Techniques or additional assurance activities should be deployed to monitor and/or mitigate them
+ Assuming the role of Technique Owner - leading the deployment of the Technique that has been allocated to you, including reporting the results of your Technique to external committees, Risk Owners and other colleagues and managers within Elexon.
+ Creating data models and dashboards that display the relative information that you require in order to manage and monitor Settlement Risks that are allocated to you, at regualr intervals as determined by the Performance Assurance Managers., + Analyse data relating to Performance Assurance Techniques and / or Settlement Risks in line with agreed processes, timescales and quality standards
+ Document your findings and present them to the relevant decision making body in a way that enables them to reach decisions easily
+ Complete Settlement Risk assessments using data and information collected from Performance Assurance Techniques and available industry data
+ Develop strategies for reporting on and addressing Settlement Risks, including supporting the creation of a new Risk reporting suite
+ Investigate how upcoming industry change will affect the Performance Assurance Framework (PAF) and the Settlement Risks and Performance Assurance Techniques that you are responsible for
+ Contribute to the continuous improvement of the efficiency and effectiveness of the Performance Assurance Techniques and / or Settlement Risks for which you are responsible
+ Provide subject matter expertise on the Performance Assurance Framework, Settlement Risks and Performance Assurance Techniques to expert groups, Panel Committees and their Chairs
+ Contribute to and support the implementation of ad-hoc projects as directed by the relevant Performance Assurance Manager and / or Project manager
+ Work with the members of the team on the delivery of ad hoc audits, which will involve but will not be limited to analysis of supporting data, site visits, and analysis of audit findings
+ Ensure ongoing integrity of Performance Assurance Technique deployment and Risk management by creating and maintaining Local Working Instructions (LWIs) where required
+ Provide secretariat support to BSC Panel Committees where required
+ Proactively contribute to the Elexon business and the delivery of the department's objectives by demonstrating the Elexon values
+ Work on the transition of the existing Performance Assurance arrangements to a new PAF which aligns with the requirements of the Market-wide Half Hourly Settlement (MHHS) Target Operating Model (TOM)
+ Keep up to speed with MHHS developments to ensure the PAF accounts for market changes and implements best practice Performance Assurance in relation to evolving market arrangements

+ Knowledge of the GB electricity market arrangements
+ Have strong communication skills (verbal, and nonverbal, including written)
+ Be able to engage with and proactively build positive relationships with customers, both internally and externally
+ Ability to write technical reports and to present complex information and data in a clear, concise and engaging manner
+ A high level of personal integrity and professionalism
+ Be proficient in giving presentations within a formal environment
+ Be able to demonstrate a well-developed skill in writing both technical and analytical reports, including data interpretation
Developmental/ Desirable
+ Have a clear understanding of BSC Obligations, systems and processes
+ Have at least two years of experience in the electricity market relevant to Elexon's role
+ Be aware of the changes that are occurring within the GB Electricity Market and the potential impact that these changes may have on industry stakeholders and the BSC arrangements
+ Be proficient in SQL, Python and Power BI

+ £43,000
+ 28 days annual holiday + Bank Holidays
+ Discretionary annual incentive scheme
+ Life assurance
+ Pension
+ Private medical (Bupa)
+ Private dental (Cigna)
At Elexon, our employee wellbeing is particularly important to us, which is why we are proud to provide:
+ Hybrid working available
+ BUPA health check
+ Employee Assistance Programme
+ Eye care voucher scheme
+ Subsidised gym membership
+ Cycle to Work Scheme
+ Buying & selling holiday scheme
+ Computing scheme
+ CSR days
+ Season ticket loan
We believe a diverse and inclusive culture allows innovation and creativity to flourish. We are committed to continuously improving our culture for our colleagues and stakeholders. Through our hugely successful Diversity Forum, MHFA network and regular programme of activities and events, we celebrate difference and recognise the value of employee wellbeing, which is a consistent outcome from annual employee surveys that we conduct. Likewise, as a community, we like to support each other, and all agree Elexon is a great place to work with a great workspace too!
At Elexon, we want to:
+ Provide true equality of opportunity
+ Attract and retain diverse talent
+ Listen to all voices
+ Be representative of the communities we work in
+ Be a roles model for Diversity and Inclusion in the industry
Elexon together, embracing differences, listening to all voices