Application Guide

How to Apply for Settlements & Market Data Analyst

at Arenko

๐Ÿข About Arenko

Arenko is at the forefront of the clean energy transition, using AI-powered software to optimize clean energy trading and grid balancing. Their mission to achieve a zero-carbon grid is both impactful and innovative, making them a standout employer for those passionate about sustainability and technology.

About This Role

This role is critical to ensuring the financial integrity of Arenko's Route to Market service, where you'll own settlement processes for balancing services and trading markets. By analyzing settlement data and automating workflows, you'll directly enhance revenue and efficiency, contributing to the company's core mission.

๐Ÿ’ก A Day in the Life

Your day might start by reviewing settlement reports from NESO and Elexon, checking for discrepancies in imbalance charges. You'll then analyze data in SQL to identify trends, collaborate with Product/Technology teams to automate a manual process, and conclude by emailing a counterparty to resolve an invoice issue.

๐ŸŽฏ Who Arenko Is Looking For

  • Proven experience in energy market settlements, particularly with GB markets, NESO, and Elexon processes.
  • Strong technical skills in Excel, SQL, and Python for data analysis and automation.
  • Proactive problem-solver with excellent communication skills to liaise with counterparties like NESO and EPEX.
  • Genuine interest in both finance and data, with a knack for identifying inefficiencies and opportunities.

๐Ÿ“ Tips for Applying to Arenko

1

Highlight specific experience with GB energy settlement processes (e.g., BSC, CUSC) in your resume and cover letter.

2

Showcase any projects where you automated settlement workflows using Python or SQL.

3

Mention your familiarity with NESO, Elexon, or EPEX systems and any relationships you've built.

4

Quantify your impact in previous roles, e.g., reduced discrepancies by X% or automated Y hours of manual work.

5

Tailor your application to emphasize your interest in clean energy and AI-driven solutions.

โœ‰๏ธ What to Emphasize in Your Cover Letter

['Your hands-on experience with energy market settlements and knowledge of GB market codes.', 'How your analytical skills (Excel, SQL, Python) have driven process improvements or cost savings.', 'Your enthusiasm for contributing to a zero-carbon grid and working with cutting-edge AI technology.', 'Specific examples of collaborating with external counterparties to resolve discrepancies.']

Generate Cover Letter โ†’

๐Ÿ” Research Before Applying

To stand out, make sure you've researched:

  • โ†’ Read about Arenko's AI platform and how it optimizes battery storage trading.
  • โ†’ Understand the GB electricity market structure, including NESO's role and Elexon's BSC.
  • โ†’ Review recent news on Arenko's partnerships or projects (e.g., with National Grid).
  • โ†’ Familiarize yourself with EPEX's role in European power trading and how it connects to GB.

๐Ÿ’ฌ Prepare for These Interview Topics

Based on this role, you may be asked about:

1 Walk through a time you identified and resolved a settlement discrepancy; what tools did you use?
2 How would you automate a manual settlement process using Python or SQL?
3 Explain the role of NESO and Elexon in GB balancing services and how settlements work.
4 Describe your experience with invoicing and imbalance allocation in energy markets.
5 How do you prioritize tasks when multiple settlement deadlines approach?
Practice Interview Questions โ†’

โš ๏ธ Common Mistakes to Avoid

  • Submitting a generic application without mentioning specific GB market knowledge or settlement experience.
  • Overlooking the importance of Python/SQL skillsโ€”don't just list them; provide examples.
  • Failing to demonstrate genuine interest in clean energy or the company's mission.

๐Ÿ“… Application Timeline

This position is open until filled. However, we recommend applying as soon as possible as roles at mission-driven organizations tend to fill quickly.

Typical hiring timeline:

1

Application Review

1-2 weeks

2

Initial Screening

Phone call or written assessment

3

Interviews

1-2 rounds, usually virtual

โœ“

Offer

Congratulations!

Ready to Apply?

Good luck with your application to Arenko!