Senior Analyst - Trade Control

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
The primary responsibilities of the role are to ensure the timely and accurate booking of transactions into the Front Office Trading system, validate and authorise trade amendments by commercial & Front Office teams. Ensure that robust controls and procedures exist across the department to mitigate issues and risks.

Main responsibilities

• Ensure trades are affirmed, investigating and resolving discrepancies and escalating issues appropriately.
• Work with traders and support functions to make any trade amendments that may be required, ensuring all amendments are reviewed and authorised.
• Manage static and reference data in the ETRM.
• Support the Trade Control Supervisor with all Trade Novations, Compressions & Terminations.
• Produce meaningful KPIs to measure success and provide a focus for strategic and operational improvement.
• Support the Trade Control Supervisor with Monthly Stats that are presented to the Exec Committee
• Evaluate current operational processes and monitor key controls identifying and mitigating inherent risks whilst spotting and delivering opportunities to streamline and automate current processes
• Ensure all processes and procedures are constantly reviewed, documented and updated

Experience required

• Senior Analyst: ideally 3+ years’ experience in applicable role
• Prior experience of working in a Trade Control role (ideally in Gas, Power and Emissions markets), and/or a Middle / Back office operations role (ideally in Gas, Power and Emissions markets).

Technical requirements

• Good working knowledge of Operations within Energy Markets.
• Knowledge of trade lifecycle processes including: booking, amendment, contracts, and settlements.
• Demonstrates analytical skills which can be used in an agile and dynamic working environment
• Exposure to new system implementation and development.
• Able to follow procedures, identify problems, propose solutions and follow up on resolution.
• Intermediate or Advanced Excel skills are an advantage.
• Skills in automated process applications (Such as Alteryx) are an advantage.

Person specification

• Degree level educated or equivalent work experience
• Motivated by daily operational processes and the opportunity to develop and refine those processes.
• Numerate with a strong attention to detail and the ability to deliver high standards of accuracy.
• A team player who is confident in building strong working relationships at all levels.
• Proactive and adaptable in a fast paced and exciting environment.
• Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing, with colleagues including senior management.
• Self-starter, a quick learner, and someone who has proven problem solving skills and is not afraid of being curious.

Hours of work:
8.30am – 5.30pm / 40 hours per week, Monday to Frida

• Ensure trades are affirmed, investigating and resolving discrepancies and escalating issues appropriately.
• Work with traders and support functions to make any trade amendments that may be required, ensuring all amendments are reviewed and authorised.
• Manage static and reference data in the ETRM.
• Support the Trade Control Supervisor with all Trade Novations, Compressions & Terminations.
• Produce meaningful KPIs to measure success and provide a focus for strategic and operational improvement.
• Support the Trade Control Supervisor with Monthly Stats that are presented to the Exec Committee
• Evaluate current operational processes and monitor key controls identifying and mitigating inherent risks whilst spotting and delivering opportunities to streamline and automate current processes
• Ensure all processes and procedures are constantly reviewed, documented and update