Position Description
ESB Trading delivers optimisation, risk management and wholesale market access to ESB's Generation portfolio and to its third-party customers. Trading plays a critical role in delivering value to ESB through management of its generation and supply business in ISEM and GB. Trading is organised into the Front, Middle and Back Office areas, supported by Modelling, IT and Finance.
The Portfolio Optimisation and Renewable Origination team is a key part of Trading's Front office area. One area the team is responsible for is optimising revenue streams from our generation portfolio which involves dynamically trading the output of the assets typically from one month out to three years. Central to this is devising hedging strategies, pricing power products, and maximising value from the Capacity Auctions with the ISEM and GB markets.
In addition, responsibility for the delivery of value through opportunities with renewable assets (both internally and externally), the origination of PPA contracts and other commercial arrangements lies within this team. Maintaining commercial relationships internally with ESB and externally with counterparties around the renewable and thermal portfolios is a key focus at the heart of this team.
The successful candidate will support the implementation and delivery of trading strategies and capacity market participation for all ESB's Generation assets in ISEM and GB.
Additionally, the Portfolio Analyst role involves providing analysis to support day to day decision making, collaborating with members of the Portfolio team and stakeholders in Trading and the wider ESB organisation.
Key Responsibilities
The key responsibilities include the following:
* Analysing and preparing data to support decisions around hedging Gas, Power and Carbon within an agreed risk management framework.
* Hedging ISEM power through trading via OTC screens, Directed Contracts and selling power to Electric Ireland.
* Hedging GB power through bilateral deals, or instructions to the Asset Trading desk.
* Delivering the Carbon position management process for the ESB portfolio.
* Managing the FX exposure resulting from trading activities.
* Supporting the Capacity operational process for the existing ISEM and GB portfolio.
* Performing regular analysis on the performance of the portfolio to provide information for key management reports.
* Carrying out testing of trading and fuel pricing systems where required.
Essential
Knowledge, Skills and Experience
* At least 5 years relevant work experience is required, preferably in the energy industry.
* A strong numeric and analytical background with excellent attention to detail.
* Proficient Excel skills with the ability to effectively model and analyse positions and strategies in the energy market.
* Good commercial awareness and ability to recognise and pursue opportunities to deliver value.
Desirable
* Knowledge and understanding of the Ireland and GB energy and commodity markets including gas, coal, oil and carbon a distinct advantage.
* Experience of working from own initiative, taking ownership of work/projects and delivering team objectives. Willingness to tackle issues and overcome problems by working with others and developing creative solutions.
* Database applications and statistical tool skills e.g., SQL, Python, Management Studio, VBA, PLEXOS etc.
Qualifications
Essential
* A primary degree in a relevant numerical / commercial discipline or equivalent work experience.
Location
This position will be based in 27 Lower Fitzwilliam Street, Dublin, D02 KT92.
ESB is committed to offering flexibility in ways of working and we call that Smart Working – combining digital tools with a culture of trust and empowerment to enable flexible and remote ways of working. The successful candidate may combine remote / smart working within the jurisdiction, with attendance at base for in-person collaboration, the frequency of which is agreed with the manager and subject to ongoing review .
Reporting To
The successful candidate will report to the Portfolio Optimisation Manager.
Why Work with Us?
* Opportunity to lead Ireland's transition to net zero carbon future
* Progressive, hybrid working model
* Career development through mentoring and training
* Corporate Social Responsibility Opportunities
* Sports and Social Clubs
* Networking opportunities
* Credit Union
* Generous Pension
* Access to staff well-being programmes
* Generous parental leave entitlements
* Strong values-based and inclusive culture
* Strong commitment to diversity, equity and inclusion
* Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted
Salary
€57,950 - €68,150
Closing Date
2nd October 2025
Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence,
If you have any queries in relation to this job, please contact
Your application will be held in reserve for 6 months should you be suitable for the role.