At a Glance
- Tasks: Develop and implement profitable gas trading strategies while managing execution.
- Company: Join EDF Trading, a leader in sustainable energy solutions.
- Benefits: Enjoy hybrid working, private medical insurance, gym memberships, and more.
- Other info: Dynamic environment with excellent career growth and networking opportunities.
- Why this job: Shape the future of energy and work with a diverse international team.
- Qualifications: Experience in gas trading and strong analytical skills required.
The predicted salary is between 59400 - 72600 £ 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.
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.
Job Description:
Department: Gas Trading
Position purpose: Develop profitable trading strategies and assist with managing the executions of those positions. Work with the Head of Trading to identify growth opportunities for the business. Work in partnership with other departments, affiliates, and EDF group companies providing support as required. Use a professional approach at all times while carrying out responsibilities setting high standards.
Main responsibilities:
- Strategy Development and Implementation: Assist in the development of the Gas Trading strategy. Help identify and develop the medium and long term business plan. Help identify structured opportunities and participate in closing those transactions when necessary. Work closely with the Origination team to help guide their efforts to provide opportunities that are aligned with trading ideas.
- Trading: Execute the Gas Trading Strategies in consultation with the Head of Gas Trading, this includes risk management, VAR utilization, and position management. Identify, define, backtest and implement trading strategies in a fast route to market approach. Develop and maintain various analytical tools to help identify strategies and their implementations. Pro-actively interact with gas analyst teams to identify trading opportunities daily. Actively participate in daily and weekly trading meetings for the team for the purpose of sharing ideas and aid in coordinating trading activities. Participate when necessary in other EDFT trading meetings to facilitate cross commodity opportunities. Assist with maximizing trading asset performance.
- Origination: Support origination strategy for Europe in conjunction with Origination department. Assist with processes to maintain effective coordination between trading and origination.
- Commercial Management: Assist with the processes necessary to support the day-to-day management of the gas trading business. Provide commercial solutions for EDF group and co-controlled entities consistent with maximising value for the EDF Group. Work with the 24 hour operations team to increase commercial knowledge and out of hours trading opportunities.
This role is subject to the Front Office Supervision Procedures and you are required to adhere to them at all times and attest that you have read and understood them on an annual basis.
Experience required:
- Several years of gas trading with positive outturn or 8 years+ of experience as gas trading strategist/analyst
- Experience of proprietary trading is valuable
- Deep knowledge and quantitative experience of the gas fundamentals especially on contiuk and European location and time spread
- Strong understanding of effective risk management knowledge
- Experience of optimising Storage, Swing and Cross Border Capacity would be beneficial
- Solid quantitative and coding knowledge
- Motivated, business oriented person
- Strong communication and analytical skills
- Appetite to learn and develop within the EDFT structure
- Able to work in a fast-paced environment
- Proactive
- Team player
Hours of work: 40 hours a week
Gas Trader - Prop in London employer: EDF Trading
At EDF Trading, we pride ourselves on being an excellent employer that fosters a dynamic and innovative work culture in the heart of London. Our team-oriented environment encourages professional growth through continuous learning opportunities and collaboration on cutting-edge technology projects in the energy sector. With a commitment to employee well-being and a focus on meaningful contributions, we offer a rewarding career path for those looking to make an impact in energy trading.
StudySmarter Expert Advice🤫
We think this is how you could land Gas Trader - Prop in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like EDF Trading. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Gas Trader - Prop in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to EDF Trading.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on EDF Trading's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at EDF Trading
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with EDF Trading.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at EDF Trading will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former EDF Trading employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
