Senior Business Analyst - #2077080

Greetings

We are Hiring Senior Business Analyst Position in Glasgow, Scotland

Contract

Hybrid

6+ Months

Job Description: Senior Business Analyst

Role Overview

We are looking for a Senior Business Analyst (BA) to lead business analysis activities for a trade automation programme.

The candidate must have strong knowledge of the UK power trading ecosystem, including Elexon, National Grid ESO, and industry settlement processes, and will play a critical role in bridging trading operations, market mechanisms, and system automation.

Key Responsibilities

Business Analysis & Requirement Management

• Elicit, analyse, and document requirements for trade automation initiatives
• Develop As-Is and To-Be process flows covering:
• Day-Ahead auction participation (Nord Pool, EPEX)
• Intraday trading (EPEX Spot)
• Trade capture, validation, and reconciliation
• Produce high-quality deliverables:
• BRDs, FRDs, user stories, acceptance criteria

UK Power Market & Regulatory Alignment

• Apply in-depth understanding of the UK electricity market structure, including:
• Elexon (Balancing & Settlement Code - BSC)
• National Grid ESO (balancing mechanism, system operator role)
• Ensure solutions align with Settlement processes and Market timelines (gate closure, imbalance settlement, nominations)
• Support mapping of auction trades into imbalance and settlement frameworks

System Integration & Data Flows

• Collaborate with IT teams to design integrations between:
• ETRM platforms
• Market exchanges (Nord Pool, EPEX APIs/interfaces)
• Forecasting systems (wind, BESS, demand models)
• Define requirements for:
• Trade ingestion and validation
• Price, volume, and settlement data flows
• Reporting and downstream systems

Stakeholder Engagement

• Act as a key interface between traders (and trading operations), middle office, back office, IT and vendors
• Facilitate workshops, design sessions, and stakeholder walkthroughs
• Provide clear communication on progress, risks, and dependencies

Testing, Delivery & Support

• Define and execute SIT scenarios for trade and settlement workflows
• Validate end-to-end processes including:
• Market transaction flow
• System booking
• Support go-live, hyper care, and production issue resolution

Required Skills & Experience

Power Market & Domain Expertise (Critical)

• Strong experience in UK and European power markets
• Knowledge of:
• Nord Pool Day-Ahead markets
• EPEX Spot (Day-Ahead & Intraday)
• Solid understanding of:
• Elexon and BSC processes
• National Grid ESO operations (Balancing Mechanism, system balancing)
• Settlement lifecycle (metering, imbalance calculation, settlements)

Business Analysis

• Extensive experience as a Senior BA in energy trading / ETRM domain
• Strong capability in:
• Requirement elicitation and stakeholder management
• Process modelling (BPMN or similar)
• Documentation (BRD, FRD, user stories, backlog management)

Technology & Systems

• Experience with ETRM systems (Endur/Openlink)
• Understanding of:
• Data integration (APIs – REST/SOAP)
• SQL / data analysis
• Trade lifecycle systems and workflows

Soft Skills

• Strong communication and stakeholder management skills
• Ability to work in a fast-paced trading environment
• Analytical mindset with strong problem-solving capabilities
• Proactive and able to challenge and improve existing processes

Preferred / Nice to Have

• Experience in trade automation or digital transformation programs
• Exposure to:
• Renewable assets (wind, BESS) integration
• Automated bidding strategies or algorithmic trading
• Familiarity with reporting tools (Power BI, dashboards)
• Agile/Scrum certification or experience