EDF Trading

Junior Pricing Analyst

EDF Trading  •  London, GB (Remote)  •  22 hours ago
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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 (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.

Department

European Pricing and Structuring Desk

The desk is part of the Front Office with a direct reporting line to the CRO. It sits alongside the origination and trading teams providing wide structuring, valuation, and deal approval support for complex transactions and business development initiatives.

We also support management and traders in live portfolio management including risk exposure representation and management.

The function covers market derivatives and asset-based structures on all commodities traded by EDFT and its affiliates in liquid and illiquid horizons.

The function work closely with commercial and control functions to execute profitable deals that meet the company’s required rate of return, capital utilisation criteria, in compliance with EDF group risk policies.

Position

This is a Junior Pricing Analyst role in Pricing and Structuring Team with the main responsibility of valuing flow and structured commodity deals in the energy markets. This involves:

  • understanding of commercial terms of deals including financial derivatives and real options contracts
  • defining complete deal payoffs, formulating a problem, and proposing and developing an appropriate valuation approach
  • carrying out data analysis and developing pricing models and valuation tools
  • pricing and informing on the results of valuation in the context of a hedge strategy
  • presenting and communicating own work in a structured manner to your manager or internal customers

Other duties and responsibilities as may arise and may be assigned by Management, this may include bespoke analysis, tool/model development for special projects, and development of library, user interfaces and data infrastructure.

Main Responsibilities

To support Origination team in structuring, valuation, approvals and execution of deals which maximise P&L and minimise non-market risk exposure.

To provide high standard analytics and valuation services in support of execution of EDFT’s business strategy and growth ambitions, in the areas of:

  • Structured flexibility products
  • Global gas and oil flow
  • Renewable generation and Energy Storage
  • Emissions and Green Fuels
  • EDF risk management and market access service including facilitation of group hedging and optimisation of LNG, storages, power generation assets or liquidity products

To contribute to development and enhancement of mathematical pricing models and analytical tools to support data processing, valuation, risk management and trading, optimisation and cashflow modelling.

Candidate Profile

This role is a junior role within an existing team and may suit a recent graduate or someone at the early stages of their career looking to specialise in pricing and structuring or setting foundations for a future career in origination and trading.

The role would be best suited for an individual with an analytical mindset and strong technical (programming / excel) skills.

The candidate would offer:

  • Bachelors (or higher) degree in a STEM subject.
  • Understanding of financial metrics
  • Understanding of energy market fundamentals and physical constraints.
  • Understanding of risk, both market and residual risks
  • Understanding of derivative instruments and their pricing methods
  • Practical modelling skills
  • Enthusiasm for problem-solving and drive for detail and delivery
  • Positive team player attitude
  • Good communication and interpersonal skills

Personal skills

It is a multifaceted role, which requires a combination of commercial mindset and technical skills.

It is service based so communication and client facing skills are essential as you would be responsible for liaising with originators and traders as well as regularly collaborating with other pricing team members and other support functions.

The essential personal skills include:

  • Curiosity and willingness to learn
  • Determination and commitment to deliver high quality service
  • Attention to detail and work ownership
  • Integrity and accountability
  • Efficiency - working to deadlines in a fast paced environment
  • Excellent team player

Hours of work

40 hours a week

EDF Trading

About EDF Trading

EDF Trading is a leader in the international wholesale energy markets. We manage a portfolio of assets which give us the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable us to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and our third-party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is active in the electricity, natural gas, LPG, oil and environmental products markets. We are also active in the LNG and coal and freight markets via JERA Global Markets. We are one of the largest wholesale market traders in Europe for power and gas. In North America, we are one of the leading marketers of gas and power, one of the main providers of generation services for power generation companies and a leading energy retailer for large commercial and industrial customers.

We are a 100% owned subsidiary of EDF SA., one of the world’s biggest electricity generators and a leader in low-carbon production.

EDF Trading recognises the importance of attracting, retaining and developing diverse world-class professionals. We identify, foster and reward all talent, valuing and leveraging the diversity amongst our people to offer creative and innovative products and services to the EDF Group and our third-party customers. We have a culture that enables us to be forward thinking and agile and at EDF Trading, individuals can really make a difference. Everyone shares a common vision and a team spirit that encourages people to make things happen. EDFT is about working together, embracing the challenge and delivering exceptional customer service.

With offices in London (Headquarters), Paris, Houston and Singapore, we have a cosmopolitan mix of more than 35 nationalities from our global employee base of around 800 people.

Photo: c. EDF

Industry
Oil, Gas & Mining
Company Size
501-1,000 employees
Headquarters
London, GB
Year Founded
1999
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