Senior executive with over 25 years of experience leading risk management and operational teams and driving change, integration, innovation and product development. Experienced in setting up and managing teams in the private and public sector, I leverage the ability to navigate constantly changing cultures and difficult environments where I can devise and implement the necessary strategy. My career has seen immeasurable contribution to the energy sector development in the commodity markets. I have led acquisitions and integrations, client and supplier management, cross industry initiatives from renewable developers to markets working at generators, energy companies, national consultancies and running a bespoke advisory business . I am an inclusive, collaborative and competent leader with extensive Board experience able to motivate and engage with clients and staff at all levels. I pride myself on my ability to establish mutual trust and respect with my teams, RISK MANAGEMENT | STRATEGIC PLANNING | INTEGRATION & ACQUISITION | STAKEHOLDER RELATIONSHIPS | BOARD EXPERIENCE | INNOVATION | PRODUCT CREATION AND IMPLEMENTATION
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Head Of InnovationOptimised GroupChester, Gb -
Chairman & InvestorOnso Feb 2020 - PresentManchesterhttps://www.onso.co.uk/A user-friendly online platform that enables organisations to achieve sustainable cost savingsby effectively tracking purchase orders, analysing supplier spending, and managing project financesProvided mentoring to Onso creators, then invited to join the company as Chairman and became early stage investor in 2021.Company continues to develop services, grow client base and will be looking for seed funding in 2023-24. -
Head Of InnovationOptimised Group Jan 2021 - PresentBlackpool, Ashby, BristolWorking across Group investigating development opportunities, assessing benefits to Optimised and clients. Creating and developing proposals for Board support.Initiating projects and directing resources.Liaising with energy utilities on innovative solutions and creating bespoke products for Optimised's major energy consumers (PPA/GPA) -
Business OwnerChester Consultancy Services Apr 2019 - PresentCheshireProviding expert independent advice, technical support, expertise to senior management and Boards from structuring through strategy setting to Risk Management and Governance. Companies assisted and/or currently supporting:1. National Energy consultancies2. UK Energy supply companies3. Public sector procurement team4. UK Large Energy Consumer5. Software developerFor large and complex energy consumers: supporting understanding of energy markets, inherent risks and savings opportunities of different purchasing strategies, independently evaluating intermediary proposals; providing assurance of current external service delivery through scrutiny of market purchasing trades and relative performance, understanding risk management decision making processes. Supporting implementation of appropriate customer service SLA's, KPI’s.Market intermediaries: Objective reviews of existing Trading and Risk Management teams structuring and responsibilities, MI reports, Client reporting on flexible contracts Governance creation, oversight and Chairing Benchmarking creation and reporting Devising new individual and collective purchasing strategies Reviewing effectiveness of, and risks, with existing T&RM systems Developing tender documents, weightings, marking for new RM systemsFor private and public sector energy consumers: Supporting understanding of alternative energy procurement routes and strategies Reviewing alternative fixed vs flexible purchasing strategies and their pros/cons Setting of budget protection levels Forward electricity and gas market analysis and reporting Reviewing third party strategies, purchasing performance and reporting OJEU energy product development Supporting energy consumers with customer service contracts: Creating customer service performance contracts KPI setting and measuring Reporting performance Contract reviews and enhancementshttps://chesterconsultancyservices.co.uk/Email: MW@ChesterCS.co.uk
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Non Executive DirectorWest Cheshire Credit Union Limited Jul 2021 - Jul 2024Chester, England, United KingdomCreating organisational structural proposals to improve operating efficiencies. Customer service project team to look at processes, team working. Working with FD and Operations manager on review of IT systems; procurement and implementation of new hardware and access rights across organisation. -
AssociateAc Chemical Systems Ltd Feb 2020 - Mar 2023Cheshire, England, United Kingdomhttps://h2efc.com/AC Chemical Systems is developing a reversible electrolyser/fuel cell, using unique patented technology. The commercial goal is to provide CO2-free hydrogen primarily for the grid power to gas market, but also for the hydrogen-driven transport market. A single unit can produce hydrogen in electrolyser mode at high pressure and produce electricity with hydrogen fuel in fuel cell mode.
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Head Of ProcurementOptimised Energy Sep 2020 - Dec 2020
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Director Of Trading, Risk Management, Supplier RelationsInprova Energy Jan 2015 - Mar 2019Warrington, United KingdomDirector of Risk Management & Trading 02/2016 – 03/2019Director of Supplier Management 09/2017 – 03/2019KEY RESPONSIBILITIES & ACHIEVEMENTS• Board member for Inprova Energy. I engaged with the Board monthly, supplying them with reported enterprise risk from across the business with mitigation plans.• I curated and chaired quarterly Governance panel meetings, liaising with senior management as we negotiated government changes such as Brexit. In this I provided guidance to amend strategic plans in line with these developments• I identified flaws in the previous SLAs and KPIs and created novel industry standard metrics to monitor supplier risks to report their performance in Board meetings.Procurement for HousingHead of Public Sector Energy Services 01/2015 – 03/2019KEY RESPONSIBILITIES & ACHIEVEMENTS• I restructured risk management operations and processes, making synergies with private sector organisations • Reviewed and improved commercial contracts while building reporting channels to enhance customer information flowsIntegration Team 04/2015 – 02/2016KEY RESPONSIBILITIES & ACHIEVEMENTS• I led and navigated the merge of 3 energy consultancy companies that Inprova had recently acquired. I thoroughly reviewed and analysed the processes of each for commercial strengths.• I amalgamated the identified disparate processes into one clear and integrated process to allow larger saving and better service for customers.• While reviewing the companies I led the restructuring of the teams across the 3 separate companies while maintaining the business and bringing in new products -
Head Of Trading (Energy)Crown Commercial Service Sep 2011 - Dec 2014Liverpool, United Kingdom-Directed market procurement, trading, and analytic resources covering all of Central Government and most of Wider public sector energy requirements-Value of energy portfolio in excess of £1.7 bn p.a.- Managed the procurement of energy directly in the commodity markets (gas, power) on behalf of all the UK Central Government departments plus public sector entities: local authorities, health trusts and other public organisations across the country.- Generated efficiencies in trading capabilities- maximising savings for the tax payer- Created robust market related benchmarks and reported trading performance to stakeholders - Worked directly with government departments regarding energy policy and energy procurement from a commercially orientated perspective.- Energy for Growth joint GPS and Cabinet Office joint long term Power Purchase Agreement project team, leading to first ever long term PPA being agreed - Wrote savings methodologies approved by NAO- Presented risk management strategies at conferences and with Cabinet Office minister to Energy industry - Ran quarterly Governance panel meetings- Commercially structured an agreement with Scottish Government procurement arm for energy services- Sat on House of Lords Energy Costs committee on energy development-Created introductory videos for stakeholders: https://www.youtube.com/watch?v=wnzeWXnAPbY&feature=youtube_gdata_player http://gps.cabinetoffice.gov.uk/i-am-buyer/categories/energy/energy-for-growth -
Trading ManagerFirst Hydro Company, International Power Dec 2000 - Jul 2011Chester, United Kingdom-Set up and managed Energy Trading teams-Dealing directly with UK utilities-Running Long term trading book and bilateral trading-Presenting to Risk Committee hedging strategies and trading results-Providing technical support to all business areas-Presenting trading strategies to senior team-Regulatory and EU responses on Energy Market reforms for IPRChairman of UK Power Traders Forum since 2009Nasdaq Exchange Market Council memberPensions governance committee rep for 200+ staff
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Trading And Risk ManagerNational Grid Sep 2000 - Dec 2000Coventry, United Kingdom•Consultancy contract•Set up Trading and Risk Management team and processes •Established trading protocols•Recruited and trained teams -
Commercial+ Trading Development ManagerNorweb Jan 2000 - Sep 2000Manchester, United KingdomHired on consultancy contract to establish trading room , staff and processes -
Manager Energy Development GroupTfs 1997 - Jan 2000London, United Kingdom-Established and ran Scandinavian trading operations from Norway-Developed European customer base and presented risk management techniques to multinational utilities
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Bond Repo/ Electricity MarketGfi 1992 - 1997London, United Kingdom-Jointly set up Bond Repo desk-Made initial contact with European banks and established client relationships-Created new Energy desk concentrating on Scandinavian electricity markets
Magnus Walker Education Details
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Economics
Frequently Asked Questions about Magnus Walker
What company does Magnus Walker work for?
Magnus Walker works for Optimised Group
What is Magnus Walker's role at the current company?
Magnus Walker's current role is Head Of Innovation.
What schools did Magnus Walker attend?
Magnus Walker attended De Montfort University.
Who are Magnus Walker's colleagues?
Magnus Walker's colleagues are Illia Borshch, Casey O'connor, Jason Chilton, Mark Uren, Basil Saboba, Kayleigh Emery, Julie Holmes.
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Magnus Walker
Senior Associate (Foreign Qualified Lawyer - New Zealand) At Kennedys LlpUnited Kingdom1robertsonslaw.co.nz -
Magnus Myerscough-Walker
Greater Ipswich Area -
Magnus Walker
New Malden
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