Wholesale Surveillance Data Expert

at  Ofgem

JOB SUMMARY

Are you ready to become the data expert for a team that’s at the forefront of shaping the future of energy markets? If you’re passionate about data science and analytics, and you’re looking for a role where your work will have a real impact, then keep reading!
The Wholesale Market Intelligence and Data team is on a mission to illuminate the complexities of the gas and electricity markets. By managing and analysing a vast array of data, from the openly accessible to the highly confidential, we provide critical insights that drive policy and enforcement in the energy sector.
As our new data expert, you’ll wield your experience, extracting valuable insights from diverse datasets. You won’t be working alone; you’ll join forces with subject matter experts, and together, you’ll conjure up analytical tools that empower our colleagues to conduct thorough investigations and stay abreast of market trends.
You’ll also play a pivotal role in enhancing our surveillance capabilities, using your analytical prowess to detect and investigate any signs of manipulation in the wholesale energy market.
Imagine a day in your life with us: You’re refining data pipelines, making them smarter and more efficient. You’re diving deep into datasets, unearthing insights that were once buried treasures. You’re visualising data in ways that tell compelling stories, stories that inform decisions and shape strategies.
And when it comes to innovation, you’re the pioneer, discovering patterns and connections that not only support Ofgem’s enforcement efforts but also align with our strategic goals. Your collaborative spirit means you’re not just a team player; you’re a team builder, enhancing the data skills of your colleagues and mentoring the next generation of data wizards.
What does it take to join us? A rich history of working in data science or advanced analytics, a toolkit filled with SQL, Python, and Power BI expertise, and a knack for creative, independent thinking. You’re the kind of person who thrives on tight deadlines and juggling multiple projects, all while collaborating with a diverse group of professionals.
If this sounds like the adventure you’ve been waiting for, we want to hear from you. Let’s harness the power of data together and keep the energy market fair, competitive, and transparent. Apply now and take the first step towards a career that’s not just a job, but a journey into the heart of the energy industry.

JOB DESCRIPTION

The Wholesale Market Intelligence and Data team provides insights on wholesale gas and electricity markets developments by effectively managing and analysing a wide range of large data sources, from publicly available energy system data to sensitive confidential wholesale market transactions. These insights are used to support a range of policy and enforcement areas both internally and externally.
In this role you will be our data expert, making use of your experience in data science and analytics to extract insights from the variety of data sets that we use. You will collaborate with subject matter experts and use your own initiative to build new analytical tools that will enable colleagues to build evidence for investigations and create briefings on market developments. This will include a focus on building out our proactive surveillance capabilities to detect and investigate signs of manipulation in the wholesale energy market.

TECHNICAL SKILLS

We’ll assess you against these technical skills during the selection process:

• Please refer to the Candidate Pack and Role Profile attached for full details.

Benefits
Alongside your salary of £58,520, OFGEM contributes £15,800 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working (currently 1 day a week in the office but is in review), flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.
Things you need to know

NATIONALITY REQUIREMENTS

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

KEY RESPONSIBILITIES

• Provide expertise across full spectrum of data analytics including creating new data pipelines, improving processes for existing datasets, carrying out exploratory and deeper analysis to generate insights and producing data visualisations.
• Apply data science techniques to extend the team’s proactive surveillance of wholesale markets datasets for signs of market abuse.
• Lead improvement of existing tools and processes for validating, processing and analysing data.
• Innovate to discover patterns and insights that benefit Ofgem’s enforcement and strategic priorities, including by exploring relationships between data sources.
• Collaborate with others to help capacity within the team, supporting others to improve their data skills.