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
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
Responsible for the invoicing and settlement of physical, financial products across multiple commodities. This requires efficient, timely and accurate processing of settlements, the ability to deal with a range of queries from both external & internal customers.
Main Responsibilities
- Invoicing all standard physical OTC trades in the invoicing system within contractual timelines.
- Verification of inbound counterparty invoices and netting statements.
- Process netting statements for physical and financial OTC settlements..
- Follow up on invoicing differences with counterparts in line with established procedures.
- Liaise with relevant Back Office teams with regard to late & misallocated payments from counterparts.
- Brokerage Settlement.
- FX Settlement.
- Any other duties assigned by Manager/Supervisor.
Experience Required
Minimum 1 years’ experience of working in an Operations function in the Financial sector with a proven track record of performing time critical operations.
You also need to be a self-starter, a logical thinker and a quick learner, someone who is proactive with strong initiative and excellent communication and interpersonal skills.
Person specification
- Numerate with a strong attention to detail and ability to deliver high standards of accuracy .
- A team player who is confident in building strong working relationships.
- Ability to follow procedures, identify problems and follow up on resolution.
- Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing.
- Motivated by daily operational processes and the opportunity to develop and refine those processes, reducing risk and improving efficiency.
Hours of work: 8.30am – 5.30pm, Monday to Friday.
EDF Trading London, England Office
London, United Kingdom
