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Data Forecasting Manager

1 month ago

London, Greater London, United Kingdom Offshore Energy Full time
Lead Demand Forecaster - Energy Commercial

This is an excellent opportunity to join our Shell Energy Commercial team and lead our B2B Demand Forecasting Team, supporting the UK retail supply business unit.

We believe in a better way to power your business. Aligned with Shell's ambition to be a significant global power business and to become net zero by 2050, we are here to guide businesses to a better energy future.

Our team offers businesses 100% renewable electricity as standard. We provide cleaner, affordable and simple solutions to help companies manage their energy spend and plan their sustainability roadmap.

As a Lead Demand Forecaster, you will be responsible for managing a team of analysts, developing and growing the team, to work with senior leaders across pricing, commercial and trading to influence hedging strategies.

You will implement new demand forecasting technologies and drive change in other parts of the organisation to ensure your team have the tools, data and insights to deliver best in class demand forecasting performance.

Key Responsibilities:

  1. Manage a team of analysts, ensuring they generate short- & long-term forecasts for electricity and gas in-line with agreed standards.
  2. Continuously improve demand forecasting performance by improving input data quality, computations, algorithms and checks and balances.
  3. Collaborate with Structuring on contractual volume risk optimisation to ensure we are competitive while remaining cost reflective.
  4. Develop strong relationships with Technology and Data & Insight function to recommend and implement a new demand forecasting system.
  5. Support the team, ensuring clear roles and responsibilities, workloads are managed and individuals are developing their skills.