At a Glance
- Tasks: Develop and execute profitable gas trading strategies while collaborating with a dynamic team.
- 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 supportive culture focused on gender balance and inclusion.
- Why this job: Make a real impact in the evolving energy market and shape the future of energy.
- Qualifications: Experience in gas trading or as a strategist/analyst with strong analytical skills.
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.
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 UK 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: EDFT
At EDF Trading, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our London office offers a wealth of benefits, including hybrid working options, comprehensive health plans, and opportunities for personal and professional growth, all while being part of a diverse team that values innovation and collaboration. Join us to not only advance your career in international tax but also contribute to shaping the future of sustainable energy.
StudySmarter Expert Advice🤫
We think this is how you could land Gas Trader - Prop 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 ThroughEDFT's Website
Don’t forget to apply directly through EDFT's website for the full-time Gas Trader - Prop 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 Gas Trader - Prop 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 EDFT. 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 EDFT
✨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 EDFT.
✨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 EDFT.
✨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.
