Gas Trader - Prop

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.

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

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 an 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 into 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 conti<>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