Principal Quantitative Engineer

EDF Trading; Greater London; Hybrid; GBP 120,000 - 190,000; Full time

Job summary

EDF Trading is seeking a senior quantitative development professional to join the Quantitative Solutions/Engineering teams in London. You will build and support pricing, risk, and analytics tools for multiple energy and environmental products in a fast-paced front-office environment.

You will work across C#/.NET and C++ interop, leverage modern CI/CD pipelines with Docker/Kubernetes, and collaborate with quantitative analysts and developers to deliver robust, scalable solutions.

Qualifications

• Software development experience (10+ years).
• Commodities product knowledge and experience (Power / Gas / Complex Derivatives).
• Experience on a technology team within a financial institution, ideally in a front office.
• Previous experience in a trading operation, preferably energy or other commodity trading.
• Understanding of financial products including derivatives and options; familiarity with physically delivered commodities desirable.
• Mathematically minded with exposure to financial math theory.

Responsibilities

• Engage with users to gather requirements and own delivery within timelines.
• Adhere to standards including documentation, testing and peer review.
• Provide full visibility of work via backlog and develop high-quality code with test coverage.
• Refactor and enhance existing components to standardise and reduce duplication.
• Provide detailed documentation of features and assist production operations during rollout and support.
• Advise on architecture, data model, and system design per project.

Skills

C# & .NET

C++ interop

Distributed architecture

CI/CD

APIs

GIT

Front end development

Analytical mindset

Problem solving

Trading domain knowledge

Tools

Docker

Kubernetes

Git

SQL Server

MongoDB

Memcached/Redis

Entity Framework Core

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

The Quantitative Solutions department is business focussed and prides itself in being subject matter experts across our core areas: business knowledge, research and development of derivatives models, analytical tools, producing highly scalable performant compute services for pricing and risk.

Team

The Quantitative Engineering team develops and supports the enterprise platform that produces risk, positions, and valuations for all deal types, including complex derivatives. This requires a high degree of expertise across a range of technologies and deal types, as well as good communication skills.

The team operates in a high-pressure front office environment where requests are directed to the team during the day, which need to be addressed promptly. Requests are frequently complex, meaning knowledge of complex systems and coordination across teams are frequently required to resolve them.

Core responsibilities

Development:

• Engage with the users to gather requirements and take ownership for the delivery of any development work within the agreed timelines.
• Adhere to the company’s standards and best practices, including, but not limited to, documentation, testing and peer review
• Use technology appropriately and flexibly, taking into consideration the company’s strategy and recommendations.
• Provide full visibility of work undertaken via backlog of requests.
• Implement software engineering best practices and develop high quality code with appropriate test coverage
• Refactor and enhance existing components and solutions in order to standardise and reduce duplication.
• Provide detailed documentation of the application/component features being developed.
• Assist production operations team in testing, rollout and production support.
• Advise on and implement appropriate architecture, data model, and system design and interfacing requirements for each project
• Ability to work in a fast-paced environment.

Analytics and other front office tools:

• Be able to support and further develop other desktop tools built by the quantitative development team.
• Take ownership of the development infrastructure required by the above tools and, whenever possible, adopt the company’s standard toolset for source code repository, continuous build and deployment.
• Work closely with Quantitative Analytics and Quantitative Development team on various technical aspects such as model integration, performance, improvements and tracking issues to deliver highly reliable and highly complex technical solutions.
• Coordinate and communicate specific subject matter knowledge to the design and integration phase of each project

Support to the Business:

• Engage with the business to assist them in understanding and defining their requirements for any systems and tools supported by the team.
• Provide technical advice to the business units by identifying the most appropriate tools/processes for any given task.

Requirements

Required experience:

• Software development experience (10+ years)
• Commodities product knowledge and experience (Power / Gas / Complex Derivatives)
• Experience on a technology team within a financial institution, ideally in a front office
• Previous experience working within a trading operation, preferably energy or other commodity trading, with a full understanding of the trade life cycle
• Understanding of financial products, preferably including derivative and option products, In Addition familiarity with physically delivered commodities is desirable.
• Mathematically minded with some exposure to financial mathematical theory

Essential technical skills:

• C# and .NET experience development experience (5+ years)
• Working experience with API and backend services deployed to cloud based environment
• Experience with distributed architecture and modern CI/CD practices (Docker & Kubernetes)
• Experience with database systems and messaging solutions (Sql Server, MongoDB, Memcached/Redis)
• Source Control Management (GIT)
• C++ experience / Experience with C++ interop
• Entity Framework Core experience (Sql server, Oracle)
• Test Driven Development
• Build Management and Continuous Integration
• Front End development

Nice to have technical skills:

• Continuous integration processes, automated test execution and source code management
• Experience with cloud modernization project

Person specification

• Strong analytical and problem solving skills with an exceptional level of attention to detail
• Good communication skills with the ability to actively engage with non-technical audiences
• Capable of thriving in a fast paced yet collaborative and team-driven trading environment
• Able to work effectively under pressure with traders and demanding front office users
• Hands-on approach, flexible with a positive outlook
• A passionate and versatile technologist with a strong interest in energy commodity trading
• Ability to fully participate in multi-faceted team environment
• Takes ownership of any issues that come up and facilitates their resolution quickly using initiative while managing expectations
• Capacity to understand business-processes quickly
• Attention to detail and strong focus on accuracy of information
• Excellent written and verbal communication skills