Power and Industry Risk

[Matthew Fitt]

[** Shepherds Way, WD* *NL, England] [078********] [*********@*******.**.**]

EDUCATION

****-**** [University of Southampton] [Southampton], [United Kingdom]

Masters of Chemistry Upper Second Class Honours

Published dissertation in Electrochimica Acta

Presented research at an internationally renowned conference for Mass Spectrometry

Key Modules:

-Chemical modeling: principles behind modeling algorithms

-Mathematical methods: this furthered my grounding in mathematics

-Physical chemistry: applied equations to real world problems and evaluated assumptions made in the process

2003-2010 [Rickmansworth School] [Rickmansworth], [United Kingdom]

A Levels in Maths, Chemistry, Computer Science, Geography (All A grade)

GCSE 5 A*’s, 3A’s and 2 C’s (A* and A in Mathematics and English respectively)

WORK EXPERIENCE

December 2015 – March 2016 [RWE Npower – Power/Industry Risk] [Solihull], [United Kingdom]

[Short Term Secondment from ELEXON]

Produced daily imbalance/weekly swing/monthly RPI inflation reports and investigated anomalies

Ad hoc scenario analyses on subjects such as Grid Correction Factors/Settlement Volumes

Recovered over £250,000 through corrections to Settlement Volumes when reporting for the Renewables Obligation

Working knowledge of VaR/RoRAC/Options/Delta Hedging

June 2015 – December 2015 [ELEXON – Market Analysis] [London], [United Kingdom]

[Wholesale Electricity Settlement]

Scrutinised contracted trading positions of parties to identify irregularities resulting in myself spotting a £7.5 million error. This led to several executives from a big six energy company having to present to the Trading Disputes Committee

Managed a team of 6 in the Line Loss Factor audit of Distribution Network Operators

Daily market monitoring in order to ensure accurate Settlement

Ad hoc customer training particular focus on trading arrangements (MVRNs, Embedded Generation, Imbalance Settlement)

October 2014 – May 2015 [ELEXON – Trading Disputes/Compliance] [London], [United Kingdom]

[Wholesale Electricity Settlement]

Forecasted disputed electricity volumes on a half hourly basis

Investigated and presented trading disputes with a materiality of over £250,000

Ensured parties were in compliance with the legal code of practice the BSC

Analysed market trends in order to spot possible non compliances

August 2012 [F & C Asset Management – UK Equities] [London], [United Kingdom]

[Investment Management]

Under guidance built simple spreadsheet models, including discounted cash flow and free cash flow valuation, using information from annual reports and company web-casts

Learnt some basic accounting and valuation skills to help with the investment portfolio, including basic book keeping such as the difference between a balance sheet and profit and loss

SKILLS, ACTIVITIES & INTERESTS

Technical Skills:

Good MS Excel skills (pivot tables, vlookups, VBA)

Good knowledge of SQL (joins, case statements, temporary tables)

Excellent programming of Delphi and Pascal languages

Beginner Bloomberg user

Interests and Activities:

Keen badminton player, having represented the University 1st team (in the premier south division)

Duke of Edinburgh Bronze award holder

Junior Sports Leader Award

Mentored struggling students at University cope with the transition from A-Levels

Recently taken up road cycling and completed the prudential ride London

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