Business Analyst Optimisation

Publicatiedatum: 15 mei 2024
- Brussels
- Contract open-end

Luminus’ Optimisation department wants to proactively **leverage** its market expertise to guide Luminus’ strategy & activities in line with Luminus’ mission statement in order to

(1) **increase **Luminus’ competitive advantage in a changing market driven by build-out of renewable energy sources, electrification of demand & introduction of new technologies;

(2) **reinforce **Luminus’ resilience in a market characterised by price volatility and uncertainties on energy supply and

(3) **asse**rt Luminus’ own interests towards external stakeholders (e.g. Elia, CREG, Fluxys, Engie,)

In such a way that
- The **EDF risk mandate is fully respected & challenged** when needed
- Key **risk management processes** are rigorously implemented & **operational excellence** pursued (including through data management)
- ** Collaboration with internal stakeholders** is structurally reinforced
- Optimisation’s **dynamic and ‘can-do’ culture** is preserved, fostered & efficiently leveraged

**Mission**

At the intersection of Generation (electricity production) and Retail (electricity consumption), the Optimisation department manages the risk of Luminus’ integrated commodity portfolio, maximises the value of the generation assets and secures the energy needs of Luminus’ customers.

As the market context is changing rapidly (e.g. introduction of new technologies, electrification of demand, changing market regulation,.) and is characterised by high price volatility and uncertainties on energy supply, the Optimisation department needs Business Analyst profiles that can help Optimisation anticipate & respond to changes in the external or internal context.

Within this dynamic context, we are looking for a **highly **motivated & skilled business analyst that thoroughly understands the complexity of the Optimisation business & interdependencies between activities so **new business needs** or business challenges can be addressed in the most efficient way. Based on a strong business background & organisational skills, the Business Analyst will **define, plan & support the delivery of the transformational change** needed to meet the Optimisation department’s strategic ambition.

Being a key player in facilitating successful business change, the Business Analyst will **collaborate with **stakeholders from within and across departments to understand the change in context, capture & analyse the needs of the different business teams, identify impacted activities/processes and **formulate the business requirements** towards the team delivering the change. The **understanding of the business** & ability to gather & summarise information based on interactions with Luminus stakeholders will have a critical impact on the quality of the solutions built & successful implementation of the change.

Being involved in all phases of the change, the Business Analyst is critical to ensure business objectives are realized. This includes also deciding whether the delivered result (e.g. IT solution, data product, AI model, business report,..) is ‘acceptable’ & steering the user adoption of the change.

This implies that the Business Analyst needs to be the **bridge between **both the business teams & delivery teams and thus ‘speak the language’ of both business (e.g. traders, end users,) and technical teams (e.g. the IT developers, IT architects,.). Likewise, to fuel innovation, this role will also help to unlock the value of data & AI by being the bridge between the business teams and the data scientists/data engineers.

Apart from playing a critical role in business change, the Business Analyst is also the **modelling expert for **the Luminus Commodity Portfolio into the ETRM (Energy Trading & Risk Management) system, which serves not only as the primary reference for trading teams to execute trading actions but also allows the Risk & Finance team to provide the necessary oversight. In particular, this role essentially defines how a new asset, retail product, hedging strategy, or contract should be modelled which requires in-depth knowledge of financial instruments and Luminus’ portfolio. In doing so, this role drives the **operational excellen**ce** of the Optimisation department & is instrumental to allow a dynamic evolution of Luminus’ portfolio mix.

**Requirements**:

- Master Degree in a quantitative discipline, e.g. Finance, Engineering or Economics
- Strong affinity and understanding of the energy sector
- Min. 3 years of professional experience in business analysis (requirement gathering/identification)
- In-depth knowledge of financial instruments (forwards, options, swaps,..)
- Strong knowledge of Energy Trading & Risk Management systems, combined with a proven track record of modelling a commodity portfolio within the system.
- Experience in organising & leading workshops
- Experience in leading projects and managing operational processes, ensur