Contracts and Settlements Analyst

EDF Trading; Greater London; Hybrid; GBP 42,000 - 56,000; Full time

Benefits offered by this job

Hybrid working

Personal pension plan

Private medical insurance

Dental insurance

Bi-annual health assessments

Gym membership

Electric car lease

Childcare vouchers

Cycle-to-work

Season ticket loans

Job summary

EDF Trading, part of the EDF Group, is seeking an Analyst in London to ensure timely booking of transactions in the Front Office Trading system and to validate trade amendments. You will support robust controls across contracts and settlements while liaising with traders and back-office teams.

The role requires 1–3 years' experience in a trade-control or related operations role, a strong analytical approach, and fluent English. Hybrid working and comprehensive benefits are offered.

Qualifications

• Analyst: 1–3 years' experience in an applicable role.
• Prior experience in a Trade Control role (Gas, Power, Emissions) or Middle/Back office is desirable.
• Strong analytical mindset and ability to follow procedures.

Responsibilities

• Ensure trades are affirmed and discrepancies resolved; escalate when needed.
• Make and authorise trade amendments with traders and Front Office.
• Manage static/reference data in the Front Office Trading system (ETRM).
• Identify process improvements to streamline controls and automation.
• Maintain up-to-date documentation of processes and controls.

Skills

Analytical skills

Attention to detail

Communication skills

Fluent English

Education

Degree level educated or equivalent

Tools

Excel

Job description

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.

Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.

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 750 colleagues based in London, Paris, Singapore, 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.

Join us, make a difference, and help shape the future of energy.

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.
• 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

• Analyst: ideally 1-3 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
• Able to follow procedures, identify problems, propose solutions and follow up on resolution.
• Excel skills 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 Friday