Business Development Analyst

Company Background

What if there was a limitless, safe, clean, low-cost energy source, providing much needed global energy security? What if that energy source could also help reduce climate change? We believe that’s fusion energy. Tokamak Energy is a leading global commercial fusion energy company based near Oxford, UK. We have an unrivalled track record designing and operating spherical tokamaks; the optimal route to commercial fusion energy.

In addition to fusion energy, Tokamak Energy is recognised as the leader in High Temperature Superconductor (HTS) magnet, design, numerical modelling, and prototyping. Our dedicated HTS magnet team, in collaboration with key manufacturing partners, is focussed on becoming the leading supplier of HTS magnets to multiple markets.

The company, founded in 2009 as a spin-off from the UK’s Culham Centre for Fusion Energy, currently employs a growing team of over 250 people with experts from the UK and around the world. It combines world leading scientific, engineering, industrial and commercial capabilities. The company has 70 families of patent applications and has raised $250 million, comprising $200m from private investors and $50m from the UK and US governments. Our US subsidiary, Tokamak Energy Inc, was established in 2019.

Come and be a part of a dynamic and innovative team who are striving to provide a solution to one of humanity’s greatest challenges: clean and sustainable energy for all.

Overview of the role

Tokamak Energy now seeks to recruit a Business Development Analyst to join our growing Business Development Team. Working alongside the Head of Business Development and our Business Development Manager, you will form a key part of the team and will play a vital role in helping us to identify, analyse and prioritise new market opportunities and strategic partnerships that will accelerate the path to commercial fusion energy, including the commercialisation of our high-temperature superconducting magnet technology.

As the team’s go-to person for generating market intelligence and insights, you will have your finger on the pulse of energy and clean-tech industry trends and will have a flair for gathering and analysing information, formulating and testing hypotheses, and developing and communicating recommendations.

Leveraging your compelling presentation and communication skills, you will have the opportunity to prepare and present information and insights to colleagues, senior leadership and external stakeholders, and you will help to implement your recommendations in collaboration with your fellow Business Development team members.

Main Duties and Responsibilities

As Business Development Analyst, you will:

• Monitor and communicate emerging market trends relevant to fusion and our high-temperature superconducting magnet technology, and analyse their implications for the Company's commercial strategy.
• Research and identify new business opportunities for our intellectual property - including new markets, growth areas, trends, customers, partnerships, products, and services - or new ways of reaching existing markets.
• Undertake market intelligence gathering and present original insights to the team and wider company on topics and themes relevant to the Company strategy.
• Cultivate relationships with partner organisations, industry stakeholders and external companies and maintain visibility of and access to emerging industry trends and sentiment. This may include travelling to attend conferences, participating in industry events, participating in (and organising) meetings and workshops with partners and stakeholders.
• Support the team to develop and present high quality business propositions by providing original insights on relevant market dynamics, competitive landscape, policy and regulatory trends, and financial and investor sentiment.
• Support the Head of Business Development in developing and delivering the overarching business development and commercial strategy.
• Support the Head of Business Development to ensure all internal approvals and supporting papers are prepared which enable progression of prospective and live opportunities.
• Work with colleagues to ensure overall delivery of the identified commercial opportunities to meet the requirements of the business.

As a key member of the Business Development Team, you will also:

• Support the Head of Business Development in developing and delivering the overarching business development and commercial strategy.
• Support the Head of Business Development to ensure all internal approvals and supporting papers are prepared which enable progression of prospective and live opportunities.
• Work with colleagues to ensure overall delivery of the identified commercial opportunities to meet the requirements of the business.

Hazard-specific / Safety-critical duties

This job includes the following hazards or safety-critical activities which will require successful pre-employment health screening through our occupational health service before the successful candidate will be allowed to start work:

• Driving on Company business
• Working with ionising radiation
• Working with magnetic fields
• Travel outside of Europe or North America on company business

Requirements

Essential:

• Experience in communicating complex information and ideas effectively and accurately – both verbally, through compelling presentations and in writing – in English.
• Experience developing business plans and commercial strategies for entry to new markets with novel, engineering-based technologies.
• Highly organised and a strong, pro-active communicator, with the ability to manage relationships with internal senior and external stakeholders.
• Solid business acumen, commercial capabilities and business judgement
• Strong numerical skills
• Flexible, curious, and able to propose innovative ideas.
• Problem solving - able to take a creative and hypothesis-driven approach in order to solve complex problems.
• Team player, open and positive in a group dynamic
• Driven, hard-working, entrepreneurial, proactive and productive.

• Undergraduate degree minimum (a preference for a degree in business, economics, engineering, sciences)
• Relevant working experience in business development, research or consulting

Desirable:

• Experience working in the energy, clean tech or engineering sectors.

Benefits

• 25 days holiday (plus bank holidays)
• Company pension scheme
• Eligible for company share option scheme
• Company bonus scheme, discretionary, dependant on performance
• Private medical insurance after 3 months service
• Cycle to work scheme

No terminology in the advert or job description is intended to discriminate on the grounds of a person’s gender, marital status, race, religion, colour, age, disability or sexual orientation. Every candidate will be assessed only in accordance with their merits, qualifications and abilities to perform the duties of the job.

Important information for candidates

Pre-employment screening

Please note that the appointment of the successful candidate will be subject to standard pre-employment screening, as applicable to the post. This will include right-to-work, proof of identity and references.

Data privacy

Please note that any personal data submitted to Tokamak Energy as part of the job application process will be processed in accordance with the GDPR and related UK data protection legislation, for more information regarding GDPR please see: https://www.gov.uk/government/publications/guide-to-the-general-data-protection-regulation

Equality of opportunity

Entry into employment with the Tokamak Energy and progression within employment will be determined only by personal merit and the application of criteria which are related to the duties of each post and the relevant salary structure. In all cases, ability to perform the job will be the primary consideration. No applicant or member of staff shall be discriminated against because of age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation.

Working arrangements

Please note this role does offer hybrid working, our model sets out a minimum 60% onsite / 40% home working split

Part time working or job share options will be reviewed on an individual basis.