Contracts Negotiator

Contracts Negotiator

ScottishPower HQ, St Vincent Street, Glasgow. G2 5AD

Salary from £54,800 with 15% Annual Bonus and Single Person Healthcare

Flexible Working Pattern

Closing date: Monday 3rd June 2024

Purpose

Global Energy Management (GEM) is a global business unit which provides commodity market access and related services to ScottishPower's Energy Retail and Renewables businesses.

Responsible for managing commodity market exposures of the ScottishPower portfolio, through wholesale trading strategies in energy products and related markets, this global activity has the main goal of optimising energy margins and minimising risk from wholesale market exposures.

Responsibilities

As Contracts Negotiator, you will solely manage the activities of the Contracts Team, providing specialist expertise on the complex contractual and legal obligations of the GEM business.

Responsible for managing all trading related agreements through the Contracts function, you will be tasked with managing the financial and physical trading & credit related agreements for power, gas and environmental products, as well as other contracts related to Global Energy Management business including Exchange and Clearing Agreements, IT Systems Agreements and a suite of market analysis subscriptions. In addition, you will be responsible for ensuring GEM complies with certain regulatory obligations relating to these activities.

Providing clear, concise and factual information which will assist GEM decision making and that of the ScottishPower Senior Management team, you will offer guidance and support to the wider team as well as implementing the direction of GEM.

This role is primarily based in Glasgow but as part of a global business function, there may be opportunities to undertake short to medium term assignments in other Global Energy Management locations (e.g. Madrid).

What you'll bring

Educated to Honours Degree in relevant field (e.g. Business/Law), you will possess experience in Wholesale Market contracts negotiation.  Understanding wholesale commodity markets, the drivers and business activities within these markets, you will be highly analytical with a proven track record of precision, accuracy and attention to detail. As a skilled communicator with effective influencing skills, you will hold knowledge of managing energy related contractual obligations.

What's in it for you

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we'll double match your contribution up to a company contribution of 10%. 

At ScottishPower, we believe it's the little things we do in life that make a big difference. From helping you look after your family's wellbeing, save for your future and take personal steps for climate action - our benefits are designed to help you do just that - so that you have everything you need to take care of your world - today and tomorrow. That's why our benefits include:

• 36 days annual leave

• Holiday purchase - perfect your work/life balance with extra annual leave

• Share Incentive Plan and Sharesave Scheme

• Payroll giving and charity matched funding

• Technology Vouchers - save more and spread the cost of your technology purchases

• Count us in - pledge to reduce carbon emissions and help fight climate change

• Electric Vehicle Schemes - to help you transition to green/clean driving

• Cycle to Work scheme and public transport season ticket loans

• Options to purchase dental insurance, private medical insurance, health cash plan and annual health assessments

• Life Assurance (4x salary)

• Access to nudge' financial wellbeing support

• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

Why ScottishPower

ScottishPower is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world leader in wind energy. With a commitment to generate all of our energy from renewable resources and a drive to create the energy infrastructure of the future, we're at the forefront of the journey to Net Zero and investing over £6m every working day to make this happen. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.

Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you'll fit right in.

ScottishPower is committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to careers scottishpower.com .