Senior Consultant/ Manager – South Korean Power Market Advisory

The posting

About Baringa: We set out to build the world’s most trusted consulting firm – creating lasting impact for clients and pioneering a positive, people-first way of working. We work with everyone from FTSE 100 names to bright new start-ups, in every sector.

You’ll find us collaborating shoulder-to-shoulder with our clients, from the big picture right down to the detail: helping them define their strategy, deliver complex change, spot the right commercial opportunities, manage risk, or bring their purpose and sustainability goals to life. Our clients love how we get to know what makes their organisations tick – slotting seamlessly into their teams and being proudly geeky about solving their challenges.

We have hubs in Europe, the US, Asia and Australia, and we work all around the world - from a wind farm in Wyoming to a boardroom in Berlin. Find us wherever there's a challenge to be tackled and an impact to be made.

Our leading Power Market Advisory Practice are looking for an experienced Senior Consultant/ Manager, ideally with experience in the South Korean Power Market, to join our growing team in Singapore.

We work at the forefront of the energy sector alongside market specialists with deep industry knowledge where you will be able to deploy and then broaden your skillset and expertise. We pride ourselves on being a bit more geek than generalist and live by the mantra: Be kind, be curious, be great at work.

We are proud to work with the foremost energy companies, policymakers, regulators, investors, developers, and operating globally across the energy supply chain. Led by a Senior Management Team respected as Thought Leaders within the industry, we use deep analytical insight to help our clients to define their strategies, shape their asset portfolios, and sharpen their assessment of market opportunities.

What you will be doing

· Perform fundamentals-based research on the South Korean power market, taking into consideration generation mix, regulatory policies, emission targets, and other market-specific factors.

· Leadand apply fundamentals-based research towards developing and maintaining power market models, so as to produce robust modelling of electricity price projections and fuel mix forecasts.

· Go-to-market to secure and deliver bespoke market advisory for clients, which can include transaction advisory (buy-side and sell-side), PPA structuring, market opportunity assessment, or evaluation of impending policy or rule changes.

Your skills and experience

· You have Energy experience of between 4 - 8 years and command a thorough understanding of the power market dynamics in South Korea.

· You are familiar with the price formation dynamics of the wholesale power markets in South Korea, and the pricing dynamics of the Renewable Energy Certificates(RECs) markets.

· You have strong quantitative skills and have direct experience in developing and maintaining power market models in power market simulation software such as PLEXOS (preferred) or PROMOD, BID3, EPSI, GAMS etc, and can guide junior consultants to do the same.

· You have experience in energy asset valuation, commercial due diligence and transaction advisory, and have the right networks into lenders, financial advisors, investors and off-takers.

· You have led and delivered analysis to investors, developers, lenders and off-takers, based on detailed quantitative analysis and providing advice grounded in facts, including curtailment analysis.

· You are familiar with the PPA dynamics in South Korea, including PPA pricing, factors affecting bankability of a renewable asset, the key determinants for PPA deals and have experience in leading PPA negotiations.

· You are an excellent communicator in English and Korean, both in written and verbal forms.

What a career at Baringa will give you

Putting People First. Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

· Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.

· Flexible Working: We know that the ‘ideal’ work-life balance will vary from person-to-person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.

· Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.

· Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.

· Career Progression: Noone develops at the same pace. That’s why we have quarterly rather than annual promotion reviews. We don’t have any quotas: if you’re ready and delivering at the right level, you’ll get that promotion.

· Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.

Diversity and Inclusion. We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace. You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we’ve achieved this.

Using business as a force for good. We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1,2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.

Join us

All applications will receive consideration for employment without regard torace, ethnicity, religion, gender, gender identity or expression, sexualorientation, nationality, disability, age, faith or social background. We donot filter applications by university background and encourage those who havetaken alternative educational and career paths to apply. We would like toactively encourage applications from those who identify with less representedand minority groups. We operate an inclusive recruitment process, ensuringreasonable adjustments where needed. Please contact a member of our RecruitmentTeam to discuss further .