Contracts and Settlements Analyst
Contracts and Settlements Analyst

Contracts and Settlements Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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EDF Trading

At a Glance

  • Tasks: Validate trades, ensure timely confirmations, and resolve discrepancies in a dynamic energy market.
  • Company: Join EDF Trading, a global leader in energy markets with a diverse team.
  • Benefits: Full-time role with competitive salary and opportunities for professional growth.
  • Why this job: Be part of a crucial team that supports commercial activities and mitigates operational risks.
  • Qualifications: 1-3 years in a relevant role, strong analytical skills, and attention to detail.
  • Other info: Fast-paced environment with opportunities to develop processes and build relationships.

The predicted salary is between 36000 - 60000 £ per year.

Overview

Join to apply for the Contracts and Settlements Analyst role at EDF Trading.

Direct message the job poster from EDF Trading. EDF Trading is part of the EDF Group, with a diverse international team focused on energy markets across power, gas, LNG, LPG, oil and environmental products.

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 either financial (actual or lost opportunity) or reputational.

Position purpose

The role will primarily be to validate trades entered into by the company, ensuring trade confirmations are sent in a timely manner, matched where possible electronically and followed up regularly to ensure both compliance with the agreed departmental KPIs and, most importantly, the integrity of the company’s traded position and associated PnL.

Main responsibilities

  • Reconcile broker recaps and investigate any mismatches
  • Draft and ensure the timely dispatch of all counterparty confirmations
  • Receive and reconcile all counterparty confirmations, investigating and resolving discrepancies. Escalate issues to management as appropriate
  • Follow up outstanding and overdue confirmations to ensure receipt within contractual deadlines
  • Monitor electronic confirmations for failures and resolve through to successful match
  • Promote and encourage counterparties to use electronic matching platform
  • Ensure all processes and procedures are constantly reviewed, documented and updated

Experience required

  • Ideally 1-3 years’ experience in applicable role
  • Prior experience of working in a Confirmations 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 clear and concise communication, including with senior management
  • Self-starter, quick learner, and proven problem-solving skills

Hours of work

40 hours per week, Monday to Friday

Seniority level

Associate

Employment type

Full-time

Job function

Finance

Industries

Oil and Gas

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Contracts and Settlements Analyst employer: EDF Trading

EDF Trading is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are empowered to thrive in the fast-paced energy market. With a strong focus on professional development, team collaboration, and operational excellence, the Contracts and Settlements Analyst role offers a unique opportunity to contribute to critical processes while enjoying a supportive environment that values innovation and integrity. Located in a vibrant sector of the energy industry, employees benefit from engaging with a diverse international team and gaining invaluable experience in a leading global company.
EDF Trading

Contact Detail:

EDF Trading Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Contracts and Settlements Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at EDF Trading. A friendly message on LinkedIn can go a long way in getting your foot in the door.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of energy markets and trade lifecycle processes. We want you to show off your analytical skills and attention to detail!

✨Tip Number 3

Practice your communication skills. You’ll need to convey complex ideas clearly, especially when discussing trade confirmations and discrepancies. We believe in clear and concise communication!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Contracts and Settlements Analyst

Trade Validation
Reconciliation Skills
Counterparty Confirmation Management
Problem-Solving Skills
Attention to Detail
Knowledge of Energy Markets
Trade Lifecycle Processes
Analytical Skills
Excel Skills
Communication Skills
Teamwork
Proactivity
Adaptability
Process Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Contracts and Settlements Analyst role. Highlight relevant experience, especially in confirmations or middle/back office operations within energy markets. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Keep it concise but engaging – we love a good story!

Show Off Your Analytical Skills: Since this role requires strong analytical skills, make sure to mention any specific examples where you've used these skills effectively. Whether it's resolving discrepancies or improving processes, we want to know how you tackle challenges!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!

How to prepare for a job interview at EDF Trading

✨Know Your Trade Lifecycle

Make sure you brush up on your knowledge of the trade lifecycle processes, including booking, amendments, contracts, and settlements. Being able to discuss these topics confidently will show that you understand the core responsibilities of the role.

✨Demonstrate Analytical Skills

Prepare examples from your past experience where you've used analytical skills to solve problems or improve processes. This will help you illustrate your ability to thrive in an agile and dynamic working environment, which is crucial for this position.

✨Showcase Your Attention to Detail

Since accuracy is key in this role, be ready to discuss how you ensure high standards in your work. Bring up specific instances where your attention to detail made a difference, especially in reconciling discrepancies or managing confirmations.

✨Build Rapport with Interviewers

Remember, this role involves building strong working relationships. Practice your communication skills and be personable during the interview. Show that you're not just a team player but also someone who can engage effectively with senior management.

Contracts and Settlements Analyst
EDF Trading
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