ETD Operations Associate ( Contracts & Settlements )

at  EDF Trading

Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!
When you join EDF Trading you’ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches and think outside the box.
Energy markets evolve rapidly so our team needs to remain agile, flexible and ready to spot opportunities across all the markets we trade in: power, gas, LNG, LPG, oil and environmental products.
EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it’s experience that makes us leaders in the field. Energy is what we do.
Most of all, we value our people. Become part of the team and you will be offered a great range of benefits which include hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessment, corporate gym memberships, electric car lease programme, childcare vouchers, cycle to work scheme, season ticket loans, volunteering opportunities and much more. We even provide free fruit to keep you healthy.
Gender balance and inclusion are very high on the agenda at EDF Trading so you will become part of an ever-diversifying family of around 800 colleagues based in London, Paris, Singapore, Tokyo and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.
Who are we? We are EDF Trading, part of the EDF Group, a world leader in low-carbon sustainable electricity generation partnered with JERA, one of Japan’s largest utilities; the perfect organisation at which to begin or progress your career in the commodities sector.
Join us, make a difference and help shape the future of energy.
Job Description:
Department
Contracts and Settlements is one of several support functions that enable EDF Trading to tightly control its commercial activities and process a large number of transactions with a wide variety of counterparts.
The department acts as an enabler for the commercial side of the business whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial (actual or lost opportunity) or reputational.
Position Purpose
Responsible for the reconciliation of derivative positions traded on exchange. Ensuring that discrepancies are resolved in a timely and accurate manner, in line with the business transaction procedures, covering all exchange traded products.

Main Responsibilities

• Process derivative transactions through to completion within the performance standards set out in the business transaction procedures.
• To reconcile and report on all Profit Centre and derivative specific records within the set performance standards. Actively monitoring and clearing all open exceptions within set timeframes.
• Ensure that all clearing and execution fees are validated and processed in a timely manner.
• Brokerage reconciliation
• Any other duties assigned by Manager/Supervisor.

The ideal candidate will be

• Comfortable with the Microsoft Office suite
• Numerate with a strong attention to detail and the ability to deliver high standards of accuracy.
• A team player, confident in building strong working relationships at all levels.
• Proactive and adaptable in a fast paced and exciting environment.
• Able to follow procedures, identify problems and follow up on resolution.
• Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing, with colleagues including senior management.

Hours of work: 8.30am – 5.30pm, Monday to Friday.

• Process derivative transactions through to completion within the performance standards set out in the business transaction procedures.
• To reconcile and report on all Profit Centre and derivative specific records within the set performance standards. Actively monitoring and clearing all open exceptions within set timeframes.
• Ensure that all clearing and execution fees are validated and processed in a timely manner.
• Brokerage reconciliation
• Any other duties assigned by Manager/Supervisor