Job Description

Market Analyst - Central . S$4000, to S$7,000 (depending on experience) . Reputable & Stable Organisation . Excellent Compensation Package . Good Career Growth and Stability Our client is an indu Market Analyst - Central . S$4000, to S$7,000 (depending on experience) . Reputable & Stable Organisation . Excellent Compensation Package . Good Career Growth and Stability Our client is an industry leader that operates Singapore's wholesale electricity market under NEMS. They transact billions of electricity products annually and are the financial exchange for electricity trading, IT Systems, trading environment and governance for the market. About the Market Analyst role: You will be responsible for fulfilling the market operation obligation of EMC in accordance with market rules. You are required to perform analysis on market outcomes, support settlement duties and risk management. You will be reporting to the Assistant Manager of Market Operations that manages data subscription, routine data requests and administration of standing data. Key Responsibilities: . Perform daily price sanity checks, detailed investigation of abnormal cases and perform re-runs of these cases where applicable, including weekends and public holidays. . Perform market settlement operation duties which include daily settlements, issuing of invoices, handling of notice of disagreements (NOD), market queries and bank reconciliation in an efficient, accurate and timely manner. . Monitor market participants' trading exposures vigilantly and accurately and take actions accordingly and timely in accordance with the market rules. . Ensure that publication of market schedules in both real-time and look ahead regime, and settlement results are done accurately and on a timely basis. . Prepare data, analyse and report on market performance on a periodic basis by providing informative statistical charts and analytical market commentaries advising on pricing trends, pricing incidents and market outlook. . Ensure all standing data maintained in the Market Clearing Engine (MCE) for modelling the physical power system with respect to its generation, transmission and load facilities are accurate and on a timely basis. . Fulfil market registration for settlements in an accurate and timely manner. . Establish, review and maintain business procedures in the derivation and update of the standing data used by the MCE and Settlements. . Involvement in preparation of Performance Indicator Measurement System (PIMS) monitoring, Incident and Rule Breach Reporting. . Assist in fulfilling routine and ad-hoc data requirements particularly from the Rule Change Panel and EMA by working closely with the IT department, and actively seeking ways to automate manual processes. . Preparation of daily price checks and 24x7 on-call standby schedule. . Assist in the preparation of necessary rule breach reports to Legal for submission to Market Assessment. . Review and update of MPs' contact list and preparation of procurement documents. . Required to be rostered 24x7 on-call standby service to ensure that the market clearing engine inputs reflect any change in system security requirements, investigate price anomalies, address queries or clarifications etc. . Involvement in Business Continuity Plan Exercise, Disaster Recovery Plan exercise. . Review, content manage and maintain the MO section of the corporate and private website. . Review and update the business process manuals on a periodic basis Key Requirements: . Good degree in Engineering /Computer Science/ Economics / Business related Degree. . 1 - 3 years of working experience in power systems/settlements preferred. No prior experience needed . Knowledge of market, settlements and pricing analysis preferred. . Strong analytical skills and meticulous work. . Good communications (spoken and written) skills. . Highly proficient in MS Office and VBA. HOW TO APPLY: Simply submit your application with your updated Resume in MS Word Format to Wong Jing Kai (EA Personnel Reg. No.: R22110217) by clicking the Apply link' or call your friendly Consultant, Jing Kai, at 6590 9927 for a confidential discussion. YOUR SUCCESS IS OUR ACHIEVEMENT! Notice : We would like to inform that only short-listed candidates will be notified. All applications will be treated with the strictest confidence. By submitting any application or resume to us, you will be deemed to have read & agreed to the terms of our Privacy Policy, and consented to us collecting, using, retaining and disclosing your personal information to prospective employers for their consideration, and for our marketing EDMs which you may opt out by unsubscribing in the mailer. You may refer and access our website at https://www.achievegroup.asia/privacy-policy/ for more information. Cessation of Collection of full NRIC Numbers : In compliance with the Personal Data Protection Act and commitment to protect candidates' personal data, Achieve Group will cease to collect, process or use full NRIC numbers during our screening and job application process. Kindly ensure your resume provided to us does not contain your full NRIC number and full home address during your job application.