At a Glance
- Tasks: Ensure timely booking of transactions and resolve discrepancies in a fast-paced energy trading environment.
- Company: Join EDF Trading, a leader in sustainable energy with a diverse international team.
- Benefits: Enjoy hybrid working, private medical insurance, gym memberships, and more perks.
- Other info: Be part of a dynamic team with excellent career growth opportunities and regular social events.
- Why this job: Make a real impact in the evolving energy market while developing your skills.
- Qualifications: 1-3 years in trade control or operations, strong analytical skills, and attention to detail.
The predicted salary is between 35000 - 45000 £ per year.
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.
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 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.
- 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:
- Analyst: ideally 1-3 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.
- 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 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.
Contracts and Settlements Analyst (FTC) in London employer: EDF Trading
At EDF Trading, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our London-based team enjoys a wealth of benefits, including hybrid working options, comprehensive health plans, and opportunities for personal growth through regular training and networking events. Join us to be part of a forward-thinking organisation that values diversity and empowers employees to make a meaningful impact in the evolving energy market.
StudySmarter Expert Advice🤫
We think this is how you could land Contracts and Settlements Analyst (FTC) in London
✨Get Involved with Industry Events
The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!
✨Join Energy-focused Online Communities
Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.
✨Consider Industry Certifications
Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.
✨Apply ThroughEDF Trading's Website
Don’t forget to apply directly through EDF Trading's website for the full-time Contracts and Settlements Analyst (FTC) role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!
We think you need these skills to ace Contracts and Settlements Analyst (FTC) in London
Some tips for your application 🫡
Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.
Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.
Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at EDF Trading. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.
Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!
How to prepare for a job interview at EDF Trading
✨Show Your Passion for Renewable Energy
In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of EDF Trading.
✨Brush Up on Industry Regulations
Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.
✨Highlight Teamwork and Project Management Skills
Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to EDF Trading.
✨Prepare for Technical Assessments
Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.