Data Scientist, Forecasting

  • Shell
  • London, UK
  • 23/06/2022
Full time Data Science Data Analytics Statistics Biostatistics DevOps

Job Description

The Role

Where you fit in

The front-office analytics environment at Shell Energy Europe & Africa (SE-EA) is changing significantly with the growing business. To optimally support these changing needs, and primarily to support short-term trading, we have set up a Forecasting Centre of Excellence (CoE) which will design and maintain the centralized volume forecasting models for renewable generation and industrial demand. The role holder will report to the Forecasting Lead within the Forecasting CoE.

You will be part of a team tasked with developing cutting-edge energy forecasting solutions. The team is responsible for end-to-end ownership of key deliverables of the new Forecasting CoE, sharing ideas and learnings across all forecasting teams in SE-EA and Renewable & Energy Solutions (RES). The role requires analytical thinking and a commercial mindset to support the transformation of the business as it prepares for significant scale and success.

What’s the role?

You will be instrumental in driving the development and continuous improvement of renewable generation and industrial demand forecasting models whilst establishing an analytics platform to meet the team’s quantitative needs. Your commercial focus will deliver efficiency gains to the company, while your modelling expertise will deliver robust and reliable forecasts for the trading desk. You enjoy the iterative process of quantitative research and development and walking the non-linear path towards modelling excellency.

The role holder will be accountable for the following:

  • Supporting the development of energy volume forecasting models.

  • Analysing and challenging modelling methodologies and suggesting improvements.

  • Working with third party vendors to supply data and conduct model benchmarking.

  • Contributing to analytics dashboard components for end user.

  • Standing as a connection point between business and analytics development.

  • Supporting ad-hoc power analysis for trading desk.

  • Conduct exploratory and investigative analysis on new data sources.

  • Work closely with IT and other support groups on model implementation, system integration, and data analytics.

What we need from you

We are looking for candidates with high commercial capacity and strong skillset. In addition to domain area expertise, the successful candidate will need to present strong interpersonal skills and the ability to communicate with both business and technical minded colleagues at all levels.

The successful candidate should also possess the following skills and experience:

  • Experience building power forecasting models covering short-term and long-term horizons.

  • Experience working with numerical weather models and near-real time data feeds.

  • Working knowledge of the energy trade lifecycle for at least one European market.

  • Experience with traditional statistical and machine learning based methods for time-series modelling.

  • Experience with Python data science toolkits (e.g. NumPy, pandas, scikit-learn, TensorFlow, Jupyter notebooks or DataBricks), or similar R background.

  • Experience in utilising data across multiple sources e.g. databases, data warehouses.

  • Data visualization and dashboarding skills e.g. Power BI.

  • Enjoy the challenge of working in a customer focused, fast paced and rapidly evolving business.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.

  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.


Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.