Senior Analyst - Trade Control

TN United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Analyst to join their dynamic Trade Control team. This role is pivotal in ensuring the accurate booking of transactions and maintaining robust operational processes. You will collaborate closely with traders and support functions, driving improvements and mitigating risks in a fast-paced environment. If you are detail-oriented and thrive in a collaborative setting, this opportunity offers a chance to make a significant impact while developing your career in the energy markets.

Qualifications

• 3+ years’ experience in Trade Control or Middle/Back office operations.
• Good working knowledge of Operations within Energy Markets.

Responsibilities

• Ensure timely and accurate booking of transactions into the trading system.
• Investigate and resolve trade discrepancies and escalate issues.

Skills

Analytical Skills

Attention to Detail

Communication Skills

Problem Solving

Education

Degree level education

Tools

Excel

Alteryx

Job description

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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.
• Support the Trade Control Supervisor with all Trade Novations, Compressions & Terminations.
• Produce meaningful KPIs to measure success and provide a focus for strategic and operational improvement.
• Support the Trade Control Supervisor with Monthly Stats that are presented to the Exec Committee
• 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

• Senior Analyst: ideally 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
• Exposure to new system implementation and development.
• Able to follow procedures, identify problems, propose solutions and follow up on resolution.
• Intermediate or Advanced Excel skills are an advantage.
• Skills in automated process applications (Such as Alteryx) 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