Senior Quantitative Risk Analyst in England

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.

Position Purpose: You will be a member of the Risk Metrics team, responsible for developing EDF Trading risk metrics tools.

Responsibilities:

• Responsible for designing, developing, and maintaining EDF Trading’s quantitative risk metrics calculations (VaR, PFE, CaR, DV01 …)
• Work collaboratively with Market Risk, Credit Risk, Risk IT, the Quant Team, Treasury, and IT to deliver enhancements to EDF Trading Risk Metrics calculations and prepare EDF Trading’s risk metrics platform for the future
• Provide quantitative support to global risk teams, to Risk Control on quantitative analysis requested to support their daily publication of VaR, Credit Risk to support their publication of PFE and Treasury for Cash‑at‑Risk
• Stay current with state‑of‑the‑art latest quantitative modelling and proactively look to apply best practice

Experience Required:

• At least 3 years experience in a quantitative / risk management role for an energy trading company, investment bank, fintech or trading house
• PhD or MSc in financial mathematics, applied mathematics or physics or similar experience
• Proven track records of model development
• Strong experience in model design, programming, and maintenance of model libraries
• Expertise in options pricing theory and financial mathematics
• Knowledge of energy commodities and derivatives products

Technical Requirements:

• Experienced in developing and supporting production risk models (VaR, PFE, CaR …)
• Good understanding of energy commodities and energy derivatives instruments
• Strong knowledge of stochastic calculus
• Strong programming skills in Python, MATLAB, SQL or equivalent.
• Skilled in modern source‑control and development best practise (e.g. TFS, GitHub, GitLab)
• Proficient with Microsoft Office products

Person Specification:

• Excellent analytical skills
• Strong attention to detail and focus on accuracy of information
• Ability to manage multiple work streams in a trading environment of diverse and often conflicting pressures
• Effective communication skills, with ability to articulate technical knowledge and complex concepts into clear concise analysis
• Experience of working in a fast‑paced environment is essential
• Proactive

Hours of Work: 40 hours per week, Monday to Friday

Seniority Level: Mid‑Senior level

Employment Type: Full‑time

Job Function: Finance

Industries: Oil and Gas