Derivatives Trader in London

Derivatives Trader in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Trade energy options and develop innovative strategies in a fast-paced environment.
  • Company: Join EDF Trading, a leader in sustainable energy solutions 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 and networking opportunities.
  • Why this job: Make a real impact in the energy sector and shape the future of sustainable electricity.
  • Qualifications: Degree in a quantitative field and experience in European gas options trading required.

The predicted salary is between 60000 - 80000 £ 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.

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 Flexibility & Derivatives Trading

Position purpose: This role consists in developing and managing a book of vanilla gas, brent and EUA options.

Main Responsibilities:

  • Generating revenues from option and volatility strategies on gas, brent and EUA.
  • Trading liquid energy market options and market making illiquid ones.
  • Implementing trading strategies with supporting quantitative analysis.
  • Designing and developing pricing models and desk tools for vanilla derivatives products.
  • Comply with all regulatory guidelines and relevant authorities.

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.

Requirements:

  • Degree in a statistical/mathematical/quantitative subject or relevant equivalent experience.
  • Experience in European gas options trading or experience in asset backed trading.
  • Strong skills in Python, Excel, VBA and Data handling.
  • Strong Mathematical skills.

Experience required:

  • At least four years experience in European gas options trading or other energy options trading.

Person specification:

  • Strong communication skills both written and verbal.
  • Excellent analytical / statistical and quantitative skills.
  • Experience of working in a fast paced environment is essential.
  • Proactive.
  • Highly motivated and ambitious – an aptitude for development in trading.

Hours of work: 40 hours per week.

Derivatives Trader in London employer: EDFT

At EDF Trading, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work environment. Our London-based team thrives on collaboration and innovation, offering extensive benefits such as hybrid working options, comprehensive health plans, and opportunities for personal development. Join us to not only advance your career in the fast-paced energy trading sector but also to contribute to a sustainable future while enjoying a vibrant workplace culture.

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Contact Details:

EDFT Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Derivatives Trader 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 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 Derivatives Trader in London

Gas Options Trading
Brent Options Trading
EUA Options Trading
Quantitative Analysis
Pricing Model Development
Market Making
Regulatory Compliance

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.

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 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.

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 EDFT 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 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.