Energy Trading Specialists

Working with World Leading Energy Companies

Eaglecliff Recruitment leverages cutting-edge technology and innovative methodologies to streamline the recruitment process,

delivering results with unparalleled efficiency and accuracy

Energy Trading

Having worked closely with one of the world’s leading Trading and Supply companies that trades natural gas, electrical power, crude oil, refined products, chemical feedstocks and environmental products – as well as managing one of the world’s largest fleets of liquefied natural gas – LNG – Eaglecliff Recruitment holds a unique database of IT and Trading specialists who are well known to us and available for new projects and assignments. The focus is within IT, Change Management, Finance, Risk and Governance across Front Office, Middle Office and Back Office.

New ways of working are being created within Trading teams including a trend in automating much of the Front Office and Trading and Sales Operations, introducing Ultra Low Latency Market Data for Automated Trading & Market Data Back-testing. These changes are creating a new breed of high performing, IT Technologists combining outstanding academic achievement with algorithms and technical skills including C#, .Net and Python across leading ETRMs including Openlink Endur, Aspect, Allegro, Triplepoint, Calypso and Symphony.

As Energy companies also move away from Traditional markets into Wind, Solar and Power, providing cleaner Energy solutions across a Global portfolio of new Products, Eaglecliff Recruitment can also offer an extensive range of highly talented individuals within the Renewables sector as well.

Case Study

In 2009 EagleCliff Recruitment was asked by a world leading energy company to help set up a new initiative managing direct contractors and third-party suppliers of contractors and temporary workers within the professional services arena. This would streamline and consolidate resourcing procedures and provide a single point of contact as well as ensuring compliance with all statutory regulations and internal business principles.

Working closely with the procurement and resourcing teams based in London, The Netherlands, Malaysia and the US, over 3000 new resources have been successfully and professionally on-boarded. Many work on a direct basis but we also manage around 100 third-party non-PSL suppliers that are vital within the Supply Chain. This ensures that specialist, niche consultancies can supply highly sought after individuals who are not readily available in the marketplace. This provides a fast and reliable mechanism for on-boarding scarce skills quickly and compliantly whenever the need arises.

Payrolling also provides a fast and reliable mechanism for on-boarding contractors who have worked previously for this Energy Super Major when they need to return for new challenges. Through a close partnership with internal recruiters and talent acquisition specialists, it is also possible to engage quickly and professionally with resources that have been identified directly and with those that come from internal referrals and recommendations

January 2009

The procurement team within a global, world-leading energy company asked if EagleCliff Recruitment could form a new partnership acting as the UK payrolling partner. The task was to identify a wide range of resources who were contracted as a sole trader within the organisation and to liaise with each of the resources – around 90 of them – and to ensure compliance with statutory legislation through the development of personal service companies or through a PAYE mechanism that needed to be established. From the initial 90 resources that were identified as sole traders, 88 were successfully set up within the first three months in line with the new regulations.

December 2014

Once again the EagleCliff payrolling contract with a world-leading energy company is renewed for a further three years. This incorporates a new initiative that revolves around the introduction of a “Sliding Scale” for third-party agencies which would save an additional £1m in supplier costs. This “Sliding Scale” was based upon a three-year term, during which the third-party agency would need to agree to a further reduction in mark-up at the end of each 12 month period of any resource being on assignment. Although initially challenging to introduce, after the first 12 months all but one of the initial third-party agencies had agreed to the new terms, which could then be introduced into the contracts accordingly.

August 2017

The technology ventures team of a global, world-leading energy company had been pioneering the creation of a new digital venture, investing in technologies to develop digital and connectivity-based solutions for customers, working alongside a global consultancy to deliver this model. EagleCliff Recruitment were introduced to this new digital venture as the payroll partner to help on-board new resources. This relationship quickly developed into being both the UK payroll partner and a valued PSL supplier for IT contractors and digital marketing contractors as well. A structured PSL was formed within the digital team with the introduction of sensible mark-ups standardised across the supply chain. Prior to this, there had been very little or no structure in place and substantial savings were achieved through these new initiatives.

September 2019

New initiatives are introduced that will further enhance savings through structured mark-up compliance with third-party agency suppliers. These new initiatives will provide further savings of £1m within the next 12 months and have been welcomed across the consolidated supply chain.

March 2020

Once again the EagleCliff payrolling contract with a world-leading energy company is renewed for a further three years. This covers IT, digital technology, accounting, finance, marketing, communications, HR, procurement and legal services within downstream operations.