At a Glance
- Tasks: Ensure timely booking of transactions and manage trade amendments in a dynamic energy market.
- Company: Join EDF Trading, a leader in low-carbon energy solutions with a diverse international team.
- Benefits: Enjoy hybrid working, private medical insurance, gym memberships, and more perks.
- Other info: Dynamic environment with opportunities for career growth and regular social events.
- Why this job: Be part of a team that shapes the future of energy 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: EDFT
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 development, all while contributing to the forefront of sustainable energy solutions. Join us to be part of a collaborative environment where your contributions are valued, and you can grow alongside industry leaders in a rapidly evolving market.
StudySmarter Expert Advice🤫
We think this is how you could land Contracts and Settlements Analyst (FTC) 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.
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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.
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Don’t shy away from reaching out directly to firms like EDFT. 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 Contracts and Settlements Analyst (FTC) 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 EDFT.
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Research and Reflect:Before hitting that 'apply' button on EDFT'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 EDFT
✨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 EDFT.
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✨Network with Industry Professionals
Before your interview, reach out to current or former EDFT 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.
