Derivatives Trader

EDF Trading Ltd; Greater London; On-site; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid working

Personal pension plan

Private medical and dental insurance

Bi-annual health assessments

Corporate gym memberships

Electric car lease programme

Childcare vouchers

Cycle-to-work scheme

Season ticket loans

Volunteering opportunities

Job summary

EDF Trading Ltd in Greater London seeks a Derivatives Trader to manage a portfolio of vanilla gas, brent, and EUA options. The role involves trading strategies, market making, and regulatory compliance in a fast-paced environment.

The ideal candidate will have at least four years of experience in European gas options trading and strong skills in Python and data handling. A competitive package including hybrid working, personal pension plan, and health benefits is offered.

Qualifications

• At least four years of experience in European gas options trading or other energy options trading.
• Strong communication skills both written and verbal.
• Excellent analytical/statistical and quantitative skills.

Responsibilities

• Generating revenues from option and volatility strategies on gas, brent and EUA.
• Trading liquid energy market options and market making illiquid ones.
• Implementing trading strategies with supporting quantitative analysis.
• Designing and developing pricing models and desk tools for vanilla derivatives products.

Skills

Python

Excel

VBA

Data handling

Strong Mathematical skills

Education

Degree in a statistical/mathematical/quantitative subject

Job description

## Derivatives TraderApplylocations: Londontime type: Full timeposted on: Posted 2 Days Agojob requisition id: JR1001413When 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.Job Description:**Department**Gas Flexibility & Derivatives Trading**Position purpose**This role consists in developing and managing a book of vanilla gas, brent and EUA options**Main Responsibilities*** Generating revenues from option and volatility strategies on gas, brent and EUA* Trading liquid energy market options and market making illiquid ones.* Implementing trading strategies with supporting quantitative analysis* Designing and developing pricing models and desk tools for vanilla derivatives products* Comply with all regulatory guidelines and relevant authorities* 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**Requirements*** Degree in a statistical/mathematical/quantitative subject or relevant equivalent experience* Experience in European gas options trading or experience in asset backed trading* Strong skills in Python, Excel, VBA and Data handling* Strong Mathematical skills**Experience required*** At least four years experience in European gas options trading or other energy options trading**Person specification*** Strong communication skills both written and verbal* Excellent analytical / statistical and quantitative skills* Experience of working in a fast paced environment is essential* Proactive* Highly motivated and ambitious – an aptitude for development in trading**Hours of work:**40 hours per week