Senior Settlement & Compliance Analyst

Head over to our main website to hear more about  our story ABOUT ZENOBE Our goal is to make clean power accessible, to accelerate the shift to zero carbon power and transport.
We're building and operating the world's most sophisticated battery systems to enable the uptake of more renewable power and accelerating fleet electrification, de-risking the transition to zero-emission transport at scale.
We've been consistently innovative since we were founded in 2017, achieving major industry firsts and using proprietary software and data analysis to optimise operational performance for our customers.
At the end of their life, we repurpose electric vehicle batteries to provide clean power at depots, on construction sites and film sets.
Today we have 730 MW of grid scale battery storage operational and under construction and are the largest owner and operator of EV buses in the UK, Australia and New Zealand, supporting over 1,000 electric vehicles worldwide.
In our first five years we have raised nearly £1.8 billion in funding and have expanded into other markets such as the US.
Our rapidly growing company is looking for highly talented and motivated people to join us.
THE OPPORTUNITY We are currently hiring for a role to support the market access and settlement processes for our grid scale battery assets as part of the Network Infrastructure team.
The role will be supporting the Network Infrastructure business division providing expert advice on BSC registration activities, National Grid ancillary service market access as well as the operational management of the settlement processes that underpin the commercial success of our pipeline of grid scale battery assets.
The role will manage the day-to-day settlement processes for our current portfolio across balancing services and trading markets.
The role includes liaising with clients and other external stakeholders, including route-to-market providers, suppliers, National Grid, Elexon and Ofgem.
A TASTE OF THE DAY TO DAY Grid Code & Balancing and Settlement Code (BSC) Registrations Lead the market entry process of BSC accession and BMU registration for new battery storage assets, ensuring all regulatory requirements are met.
Maintain ongoing compliance with the BSC code, including regular reporting and documentation and registrations for existing our operational portfolio.
Electricity Settlements Manage the daily, monthly, and ad hoc settlement processes for all electricity market transactions, including route-to-market agreements, imbalance, capacity market payments, and ancillary services revenues.
Monitor and manage and report on credit cover requirements, ensuring optimal levels are maintained to minimise costs while meeting market obligations.
Stakeholder Engagement Build trusted relationships and act as a liaison between the company and National Grid, Elexon, route-to-market providers and other industry participants to resolve settlement discrepancies and disputes.
Act as a single point of contact for Elexon queries, pulling together information from across Zenobe.
Participate in meetings, forums, and training sessions provided by National Grid and Elexon to stay updated on market developments and changes in settlement processes.
Reporting and Analysis Analyse settlement data to identify trends, inefficiencies, discrepancies, asset performance issues and opportunities for cost savings or revenue enhancement.
Provide insights and recommendations to internal stakeholders.
Support internal audits and external regulatory reviews related to settlement activities.
Support REMIT reporting setup for new build storage assets and ensure requirements are understood by internal stakeholders.
Process Improvement Develop and implement process improvements for settlement operations, including automation and system enhancements.
Ensure processes are scalable and can keep up with the planned business growth.
Health and Safety Actively contribute to Zenobe's commitment to health and safety, wellbeing and sustainability by; integrating these principles into daily responsibilities, ensuring a safe and supportive work environment, promoting both the physical and mental health of self and colleagues, and adopting sustainable and energy-efficient practices to minimize environmental impact.
By doing so, each employee at Zenobe plays a vital role in fostering a culture that prioritises overall safety, holistic wellbeing, environmental sustainability in our business operations.
WHAT WE'RE LOOKING FOR We realise that certain groups of people are less likely to apply for a role if they don't meet 100% of the job requirements.
To be absolutely clear: if you like the look of this job and think you could do it well, we encourage you to apply with a CV that highlights your transferable skills and experience.
Above all, Zenobe is looking for collaborative, flexible, empathetic people who are interested in creating and promoting practical routes to a zero carbon world.
A genuine passion in clean energy and our social and environmental mission.
Excellent communication and interpersonal skills with experience in developing others to build subject matter expertise and capability within a team.
Thorough understanding of the GB energy market, in particular Elexon and BSC settlement processes.
Experience with BSC accession and compliance processes is highly desirable.
Familiarity with National Grid and Elexon operations, systems, and reporting requirements.
Strong analytical skills with attention to detail.
Education: Bachelor's degree in Finance, Economics, Engineering, or a related field.
3 to 5 years of relevant previous experience.
WORKING AT ZENOBE We're passionate about sustainability and are proud to offer Team Zenobe a pioneering and collaborative working environment.
We encourage our people to take ownership of their career progression and celebrate those that can think outside the box.
If you'd like to join our community of likeminded people hit the apply button now, we'd love to hear from you!
WHAT WE OFFER Charge your career at Zenobe and receive Up to 25% annual bonus for being awesome 25 days holiday, plus bank holidays Private Medical Insurance £1,500 training budget per year, to ensure you grow as we do EV Salary Sacrifice Scheme Pension scheme, up to 8% matched contributions Enhanced parental leave Cash back health plan Plus more Lots of our people work flexibly in many different ways, including part-time, flexitime and hybrid working.
We can't promise to give you exactly what you want, but please talk to us about the flexibility you need and let's see how we can make it work.
OUR APPROACH TO DIVERSITY AND INCLUSION Our people are our strongest asset and the key determinant of our success, and we value a range of skillsets and perspectives.
As an equal opportunity employer, we do not discriminate on the basis of any protected attribute.
We work to provide equal opportunities and an inclusive work environment, where everyone is fairly treated in the application process and through their career at Zenobe.
If there are any adjustments that would help improve your experience with Zenobe, please let us know when you apply