LOG IN
SIGN UP
Canary Wharfian - Online Investment Banking & Finance Community.
Sign In
OR continue with e-mail and password
E-mail address
Password
Don't have an account?
Reset password
Join Canary Wharfian
OR continue with e-mail and password
E-mail address
Username
Password
Confirm Password
How did you hear about us?
By signing up, you agree to our Terms & Conditions and Privacy Policy.

Job Details

EDF Trading logo
Commodities

Contracts and Settlements Analyst

at EDF Trading

ExperiencedNo visa sponsorship

Posted 17 days ago

No clicks

The Contracts and Settlements Analyst validates trades, drafts and dispatches counterparty confirmations, and reconciles confirmations and broker recaps to ensure the integrity of the company’s traded positions and PnL. The role monitors and resolves electronic matching failures, follows up overdue confirmations, and drives use of electronic platforms. It supports tight operational controls and continual process documentation and improvement within energy markets. The position typically requires hands-on middle/back-office or confirmations experience in power, gas or emissions markets.

Compensation
Not specified

Currency: Not specified

City
London
Country
United Kingdom

Full Job Description

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 (loaction dependent) 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.

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

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 role will primarily be to validate trades entered into by the company, ensuring trade confirmations are sent in a timely manner, matched where possible electronically and followed up regularly to ensure both compliance with the agreed departmental KPIs and most importantly the integrity of the company’s traded position and associated PnL.

Main responsibilities

  • Reconcile broker recaps and investigate any mismatches
  • Draft and ensure the timely dispatch of all counterparty confirmations
  • Receive and reconcile all counterparty confirmations investigating and resolving discrepancies. Escalating issues to management as appropriate
  • Follow up outstanding and overdue confirmations to ensure receipt within contractual deadlines.
  • Monitor electronic confirmations for failures and resolve through to successful match.
  • Promote and encourage counterparties to use electronic matching platform.
  • Ensure all processes and procedures are constantly reviewed, documented and updated

Experience required

  • Ideally 1-3 years’ experience in applicable role.
  • Prior experience of working in a Confirmations 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: 40 hours per week, Monday to Friday

Job Details

EDF Trading logo
Commodities

17 days ago

clicks

Contracts and Settlements Analyst

at EDF Trading

ExperiencedNo visa sponsorship

Not specified

Currency not set

City: London

Country: United Kingdom

The Contracts and Settlements Analyst validates trades, drafts and dispatches counterparty confirmations, and reconciles confirmations and broker recaps to ensure the integrity of the company’s traded positions and PnL. The role monitors and resolves electronic matching failures, follows up overdue confirmations, and drives use of electronic platforms. It supports tight operational controls and continual process documentation and improvement within energy markets. The position typically requires hands-on middle/back-office or confirmations experience in power, gas or emissions markets.

Full Job Description

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 (loaction dependent) 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.

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

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 role will primarily be to validate trades entered into by the company, ensuring trade confirmations are sent in a timely manner, matched where possible electronically and followed up regularly to ensure both compliance with the agreed departmental KPIs and most importantly the integrity of the company’s traded position and associated PnL.

Main responsibilities

  • Reconcile broker recaps and investigate any mismatches
  • Draft and ensure the timely dispatch of all counterparty confirmations
  • Receive and reconcile all counterparty confirmations investigating and resolving discrepancies. Escalating issues to management as appropriate
  • Follow up outstanding and overdue confirmations to ensure receipt within contractual deadlines.
  • Monitor electronic confirmations for failures and resolve through to successful match.
  • Promote and encourage counterparties to use electronic matching platform.
  • Ensure all processes and procedures are constantly reviewed, documented and updated

Experience required

  • Ideally 1-3 years’ experience in applicable role.
  • Prior experience of working in a Confirmations 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: 40 hours per week, Monday to Friday