Help us create a better future, quicker Global Energy Management (GEM) provides commodity market access and related services to our Retail and Renewables businesses. GEM is responsible for managing the commodity market exposures of the Scottish Power portfolio through wholesale trading strategies in energy products and related markets. It is a global activity with the main goal of optimising energy margins and minimising risk from wholesale market exposures. Role Overview The role holder will head the Middle Office function in GEM UK which comprises three teams: Contract Management Valuation & Analysis Regulation Collectively, Middle Office is responsible for the provision of wholesale market access infrastructure, performance reporting and analysis, regulatory support, and management of GEM OPEX. We are looking for you to have a level of experience and expertise that enables you to capture insights from performance and industry developments that can be used to positively influence business strategy and regulatory responses and provide accurate and concise information on often complex, wholesale market aspects of business performance to a director and executive level audience including the UK and Global GEM Directors, the Retail CEO, Renewables Managing Directors and CEO, and Directors in several of our corporate functions including Control, Legal and Regulation. As a member of GEM’s senior management team, we will look to you to offer leadership, guidance and support to the wider GEM team as well as implementing the direction of the Liberalised Business. When required, we will look for the role holder to deputise for the GEM Director. What you’ll be doing We will look for you to work constructively with a wide range of internal stakeholders in GEM, Retail, Renewables, Control, Legal, Risk and Regulation at all levels of seniority while liaising effectively with external stakeholders including service providers and regulators and communicating business performance and relevant market and industry developments clearly and concisely to a senior audience ensuring that key messages and impacts are understood while looking for opportunities to support and improve strategy and business performance. Supporting our Renewables business, you will provide relevant wholesale market analysis to support new asset growth while providing Capacity Market bidding strategy and auction access for renewables assets. Role responsibilities include: Valuation & Analysis Undertaking analysis and producing valuation models to assess the profitability/suitability of structured contracts and non-standard products. Providing regular analysis of Retail Energy Costs and Wind Energy Margins to identify key drivers and benchmark current performance. Monitoring of open positions and market exposures to understand potential impact from risks/opportunities on the business performance. Contracts Successfully managing relationships with internal and external stakeholders to conclude the negotiation and execution of financial and physical Trading Agreements. Keeping informed on proposed EU and UK Regulation and assessing impact on trading activity. Regulation Coordinating GEM input to consultation responses from Government, Regulatory and Industry bodies. Representing ScottishPower on external bodies related to commercial, trading, and wholesale regulatory arrangements. What you’ll bring We will look for you to be educated to honours degree level, with a strong preference for a postgraduate or professional qualification, in a numerate or business-related subject and hold a deep understanding of multiple energy commodity markets. You will bring experience in developing strategies, plans, and undertaking financial analysis with strong commercial, financial, and due diligence skills. What’s in it for you As well as a competitive salary which is reviewed annually, you can also enjoy a number of benefits including: 36 days annual leave Holiday Purchase Share Schemes Payroll Giving and Charity Matched Funding Technology Vouchers Electric Vehicle Schemes Cycle to Work scheme and Public Transport Season Ticket Loans Healthcare benefit options Life Assurance (4x salary) Access to Savesmart financial wellbeing support Why ScottishPower ScottishPower is part of the Iberdrola Group, a world leader in wind energy with a commitment to renewable resources and Net Zero. We offer diverse opportunities and a commitment to invest in our internal talent, promoting inclusion, diversity, and social purpose.