Senior Analyst - Singapore - ENERGY MARKET COMPANY PTE LTD

Description

**Roles and Responsibilities
The Senior Analyst (Market Surveillance) will assist the SVP MAU in Supporting the following team function:

Compliance Investigation and Enforce Functions

• Support the MArket Surveillance and Compliance Panel (MSCP) in performing their monitoring investigation and enforcement functions.
• Conduct and develop investigations on noncompliance of the market rules and market manuals, as well as investigations regarding the efficiency and fairness of the wholesale electricity markets.
• Provide analysis and strategic enforcement recommendations to the MSCP on market enforcement and as to how inefficiencies or unfairness maybe remedied and to draft MSCP determination reports.
• Draft MSCP statements to the market (e.g. regarding market observations, enforcement philosophy etc.).
• Assess the state of competition and efficiency of the wholesale electricity markets.
• Develop the MSCP quarterly bulletin on monitoring and compliance.
• Develop the MSCP annual report on the wholesale electricity markets which includes an MSCP assessment of the state of competition and the state of compliance in the markets.
• Handle communications (letters and reports) with market players and the regulator on behalf of the MSCP and build a good working relationship with market players.
• Organise and coordinate MSCP meetings, develop and review MSCP papers and review MSCP meeting minutes.
• Educate market players as to their compliance obligations under the Singapore Electricity Market Rules;
• Provide a secretariat resource to the MSCP;
• Conduct briefings and workshops to build up the MSCP's knowledge to better perform their roles

Market Surveillace and Monitoring Functions

• Undertake and further develop the market surveillance and monitoring functions by developing and maintaining a process for monitoring breaches of the Singapore Electricity Market Rules and to develop reports with recommendations for the MSCP.
• Develop and maintain inhouse analytics process to monitor market behaviour and understand and manage data analytics tools to detect market anomalies and promote efficiency in price analysis and statistical report generation.
• Develop and undertake appropriate assessment on whether the underlying structure of the wholesale electricity market is consistent with the effective and fair operation of a competitive market.
• Develop and maintain a catalogue of data to be collected from the market, a catalogue of monitoring indices and information requirements to assess the market and assist the regulator with its anticompetition obligations under the Electricity Act.
• Conduct industry consultation on the data and indices catalogues. Identify and draft proposal for rule changes to improve market efficiency.

Dispute Resolution Support Functions

• Provide services to the Dispute Resolution Counsellor (DRC) to develop and manage the dispute resolution process in an effective and efficient fashion;
• Undertake research on the dispute resolution process in other markets and develop recommendation report to the DRC for improvements on the DR process in Singapore;
• Conduct industry consultation process in regards to the dispute resolution rules and the implementation of the rules;
• Develop rule change proposals in relation to the dispute resolution process;
• Implement changes to the dispute resolution process (e.g. drafting DRC guidance notes; drafting forms and reference documents for the industry);
• Set up and administer the process of interaction between the MAU and the DRC/DCRP for handling disputes;
• Develop the DRC annual report;

- andle communcations (letters and reports) with market players and the regulator on behalf of the DRC and DCRP and build a good working relationship with market players;

• Organise and coordinate dispute resolution workshops and forums for the industry to educate market players as to the dispute resolution process and their role under the Singapore Electricity Market Rules;
• Provide a secretariat resource to the DRC; Conduct briefings and workshop to build up the DRCP's knowledge to better perform their roles.

Market Assessment Unit Sustaine Performance Improvements

• Undertake research and analysis on points of law, and the position in other markets regarding enforcement, monitoring and market noncompliance investigations;
• Maintain relevance and update the MAU SOPs; Maintaining effective investigation file records and outcomes

Desired Skills and Experience

• Degree in Economics or/and Electrical Engineering
• At least 5 years of relevant experience, preferably in the power/electricity industry
• Excellent IT skills for data manipulation, analysis and presentation of information.
• Experience using data analytics tools and creating and maintaining data dashboards is preferred.
• Experience in developing reports and investigation papers and presenting to the higher management level.
• Experience in analysing large sets of data and transl