Derivatives Products Analyst

London, United Kingdom

Job Description


Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!

When you join EDF Trading you\xe2\x80\x99ll 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\xe2\x80\x99s experience that makes us leaders in the field. Energy is what we do.

Most of all, we value our people. Become part of the team and you will be offered a great range of benefits which include hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessment, corporate gym memberships, electric car lease programme, childcare vouchers, cycle to work scheme, season ticket loans, volunteering opportunities and much more. We even provide free fruit to keep you healthy.

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 800 colleagues based in London, Paris, Singapore, Tokyo 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 partnered with JERA, one of Japan\xe2\x80\x99s largest utilities; the perfect organisation at which to begin or progress your career in the commodities sector.

Join us, make a difference and help shape the future of energy.

:

Department

Derivative Products is an SME team part of the Quant Engineering Group.

Position Purpose

Responsible for Energy Trading and Risk Management (ETRM) systems configuration, providing domain expertise, business analysis and deal life cycle support across front, back and middle office around company\xe2\x80\x99s in-house trading, market data and risk management systems.

Scope of work includes all Energy commodities across all asset classes, covering linear & non-linear trades, Exchange & OTC Products and Curves Management. This includes aspects such as structured deals (including back tests), valuation, position, P&L explain, risk and settlement.

Main Responsibilities

  • Setup of Structured Deals, Exchange Products and Curves across all commodities.
  • Engage with Trading desks, Originators and Support teams (Product Control, Market Risk, Treasury, Contract & Settlements and IT) across deal life cycle.
  • Provide SME domain knowledge support across the portfolio of projects on demand basis.
  • Understand the business processes for Energy commodities and complex nonlinear commodity products.
  • Assist with rolling out the Derivative system to additional users and trading desks.
  • Help Quality Assurance with identification of reasons for valuation differences identified during regression testing process.
  • Assist with User Acceptance testing of new functionality.
  • Propose improvements around systems to streamline processes and enhance operational control.
Background and Experience
  • Finance/IT graduate with some experience as Business Analyst or Support Function in the field of Finance.
  • Front office experience in an energy/commodity trading organization or investment bank beneficial.
  • Mathematically minded with knowledge of both linear and non-linear/derivative products.
  • Familiar with option pricing and risk management concepts.
  • Familiarity with Exchange and OTC Products across multiple commodities preferably Energy.
Technical
  • Intermediate level SQL skills to be able to query databases to investigate trade, market data and valuation issues.
  • Proficient in use of Excel with advanced features for data analysis.
  • Experience of Project Management, Business Process Modelling and Documentation tools beneficial.
Person Specification
  • Ability to work directly with traders, originators, quants, IT development and business support teams.
  • Highly motivated and proactive individual able to handle multiple tasks.
  • Takes ownership and facilitates resolution of issues while managing expectations.
  • Attentive to detail and strong focus on accuracy of information.
  • Keen learner and interest in business domain.
  • Excellent written and verbal communication skills.

EDF Trading

Beware of fraud agents! do not pay money to get a job

MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD3000752
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned