Risk Modelling & Cost Manager

Are you passionate about the energy industry? Because in this role you’ll be the subject matter expert on third party costs. There is flexibility in this role! You’ll have the choice of managing one direct report, if you choose. You can also choose whether to work five days per week or just four. The hiring manager is offering flexibility and career growth for the Risk Modelling & Cost Manager.As the Risk Modelling & Cost Manager you will review, scrutinise and pressure test all 3rd party costs which are currently bought-in from external sources. Knowing the risks and volatility of BSUoS is required. Over time you will have the opportunity to bring these costs in-house. So advanced excel skills and modelling is required.People enjoy working at this highly ethical company that aims to reduce carbon emissions, and increase renewable energy. So naturally there’s a feel good factor in helping the planet and that’s why employees are proud to work here.Your new role (Risk Modelling & Cost Manager)The key responsibilities of the Risk Modelling & Cost Manager are:

• Forecasting of energy and 3rd party costs
• Ensuring appropriate risk management strategies are in place
• To track and monitor the forecast accuracy of risk premium finding the right balance in the P&L
• Understanding, challenging assumptions, sensitivities and assumptions of 3rd party costs
• To become the subject matter expert for 3rd party costs including Contract For Difference (CfD’s), BSUoS, DUoS, TUoS, RO, FiT and T losses
• Liaising with the parent company concerning REGO’s
• Understanding how Regulatory changes made by Elexon changes can impact future cost stacks

A full job description is available on request.Reporting into the Head of Cost and Risk, the Risk Modelling & Cost Manager will see the commercial heartbeat of the business. Working in conjunction with the product team you will help to ensure that this company remains externally competitive whilst staying profitable.This company openly encourages a curious mindset. So if you are driven and thrive on continuous improvement you’ll enjoy working here.Professional development is high on the agenda with the hiring manager very supportive of career progression. And working for a growing energy supplier will naturally present opportunities in the future.Benefits

• Base salary = Around £60k (or £48k for four days p.w.)
• WFH 3 days p.w. | Birmingham (B3 - Snow Hill area) 2 days p.w.
• 24 days holiday (excluding bank holidays). Rising to 26 days after 1 year.
• Annual Performance Related Bonus

Skills and experience to be successful

• Knowledge of the UK electricity industry
• Understanding of 3rd party costs and what drives deviation and volatility
• Ability to handle and model large datasets in excel
• Confident to deal with stakeholders across the organisation
• Willingness to become the subject matter expert on 3rd party costs

The Interview Process

• 60 min TEAMS interview: Head of Cost & Risk (HoC&R) + 1 other
• 60 min face to face interview: HoC&R + Commercial Director

Please don’t worry if your CV is not updated. Because we’ll figure that out later.What you need to do nowIf you want to join this growing ethical business on a mission for zero carbon with a long history please apply. Or contact Jammy Recruitment for more information to make a considered decision.