Contracts and Settlements Analyst

About EDF Trading

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 remains 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 worldwide trust that their assets are managed in the most effective and efficient manner and 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.

Join us and you will have access to a great range of benefits, including hybrid working (location dependent), 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 more.

Gender balance and inclusion are priorities at EDF Trading, and you will become part of an increasingly diverse team of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, help you stay connected to 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 while 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 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, investigate and resolve 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 an applicable role
• Prior experience 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 suitable for an agile and dynamic working environment
• Ability 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 strong attention to detail and a high standard of accuracy
• A team player who can build strong working relationships at all levels
• Proactive and adaptable in a fast-paced and exciting environment
• Fluent in English with clear and concise communication, both verbally and in writing, including with senior management
• Self-starter, quick learner, proven problem-solving skills, and curious

Hours of work

8.30am – 5.30pm / 40 hours per week, Monday to Friday