Gas Trader - Prop

EDF Trading Ltd; Greater London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid working

Personal pension plan

Private medical & 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 London is seeking a Gas Trader to develop profitable trading strategies and assist with the execution of those positions. You will collaborate with the Head of Trading, identify growth opportunities, and support cross-functional coordination across trading, origination and commercial teams.

The role requires several years in gas trading or 8+ years as a strategist/analyst, with strong quantitative and coding skills, and a proactive, team-oriented approach in a fast-paced

Qualifications

• Several years of gas trading experience or 8+ years as gas trading strategist/analyst
• Proprietary trading experience is valuable
• Strong knowledge of gas fundamentals across continental UK and Europe
• Solid understanding of risk management principles
• Experience in storage, swing and cross-border capacity is beneficial
• Strong quantitative and coding knowledge
• Excellent communication and analytical abilities
• Motivated, business-focused, proactive team player

Responsibilities

• Develop profitable gas trading strategies and assist with executing positions
• Collaborate with Head of Trading to identify growth opportunities
• Backtest and implement trading strategies with a fast route to market
• Create and maintain analytical tools to support trading ideas
• Engage with gas analyst teams to identify opportunities daily
• Participate in daily/weekly trading meetings to coordinate activity
• Support with maximizing trading asset performance
• Coordinate with Origination to align trading and origination efforts
• Provide commercial solutions maximizing value for EDF Group

Skills

Gas trading

Proprietary trading

Gas fundamentals

Risk management

Storage optimization

Swing and cross-border capacity

Quantitative skills

Coding

Communication

Analytical skills

Teamwork

Fast-paced environment

Proactiveness

Job description

## Gas Trader - PropApplylocations: Londontime type: Full timeposted on: Posted Yesterdayjob requisition id: JR1001454When 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 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 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 Origination team to help guide their efforts to provide opportunities that are aligned with trading ideas.**Trading*** Execute the Gas Trading Strategies in consultation with the Head of Gas Trading, this includes risk management, VAR utilization, and position management.* Identify, define, backtest and implement trading strategies in an fast route to market approach* Develop and maintain various analytical tools to help identify strategies and their implementations* Pro-actively interact with gas analyst teams to identify trading opportunities daily* Actively participate into daily and weekly trading meetings 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.**Origination*** Support origination strategy for Europe in conjunction with Origination department.* Assist with processes to maintain effective coordination between trading and origination.**Commercial Management*** Assist with the processes necessary to support the day-to-day management of the gas trading 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*** Several years of gas trading with positive outturn or 8 years+ of experience as gas trading strategist/analyst* Experience of proprietary trading is valuable* Deep knowledge and quantitative experience of the gas fundamentals especially on conti<>uk and European location and time spread* Strong understanding of effective risk management knowledge* Experience of optimising Storage, Swing and Cross Border Capacity would be beneficial* Solid quantitative and coding knowledge* Motivated, business oriented person* Strong communication and analytical skills* Appetite to learn and develop within the EDFT structure* Able to work in a fast-paced environment* Proactive* Team player**Hours of work:**40 hours a week