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Junior Trader, European Gas and Power Flow
Job post no longer accepts applications
EDF Trading Limited
LondonLocation
London
2 months ago
Posted date
2 months ago
N/A
Minimum level
N/A
OtherJob category
Other
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

Gas Trading

Position purpose

Develop profitable trading strategies and assist with managing the executions of those positions. Work with the Head of Trading to identify growth opportunities for the business. Work in partnership with other departments, affiliates, and EDF group companies providing support as required. Use a professional approach at all times while carrying out responsibilities setting high standards.

Main responsibilities

Strategy Development and Implementation
  • Assist in the development of the European Gas Trading strategy.
  • Help identify and develop the medium and long term business plan.
  • Help identify structured opportunities and participate in closing those transactions when necessary.
  • Work closely with the Marketing team to help guide their efforts to provide opportunities that are aligned with trading ideas.

Trading
  • Execute the European Gas Trading Strategies in consultation with the Head of European Gas Trading, this includes risk management, VAR utilization, and position management.
  • Utilize position /strategy management techniques such as Stop Loss Limits, VAR and other analytical tools.
  • Assist with book structures for the European business.
  • Organize weekly trading meeting for the team for the purpose of sharing ideas and aid in coordinating trading activities. Participate when necessary in other EDFT trading meetings to facilitate cross commodity opportunities.
  • Assist with maximizing trading asset performance.
  • Provide back for other areas of the Desk.

Origination
  • Support origination strategy for Europe in conjunction with Origination department.
  • Assist with processes to maintain effective coordination between trading and origination.
  • Provide marketing support in less liquid markets such as Spain, Italy and Eastern Europe for the purpose of expanding our footprint and looking for new business opportunities.

Commercial Management
  • Assist with the processes necessary to support the day-to-day management of the European gas business.
  • Provide commercial solutions for EDF group and co-controlled entities consistent with maximising value for the EDF Group.
  • Work with the 24 hour operations team to increase commercial knowledge and out of hours trading opportunities.

This role is subject to the Front Office Supervision Procedures and you are required to adhere to them at all times and attest that you have read and understood them on an annual basis.

Experience required
  • Experience of working in a commodity trading environment, preferred
  • Good working knowledge of the Gas markets
  • Market analysis experience a plus
  • Strong understanding of effective risk management
  • Graduate level in an analytically-based discipline i.e. finance, maths, economics, science or equivalent experience, preferred
  • Master's degree in a quantitative field or CQF equivalent would also be beneficial
  • Experience of optimising Storage, Swing and Cross Border Capacity, beneficial
  • Motivated, business oriented person
  • Good communication and analytical skills
  • Fast learner
  • Able to work in a fast paced environment
  • Proactive
  • Team player

Hours of work:

40 hours a week
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JOB SUMMARY
Junior Trader, European Gas and Power Flow
EDF Trading Limited
London
2 months ago
N/A
Full-time