Junior Flex Trader

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 Flex desk trades and provides prices in all non-linear products across gas hubs, for both EDF group and external customers. Products traded include physical storages, virtual storages/swing, vanilla options, non-standard options etc.

Main responsibilities

• Provide the Flex Desk with trading opportunities through quantitative, technical and fundamental analysis.
• Ability to buy and run physical gas storages and interconnection pipelines
• Ability to price and understand options (vanilla and non-standard) and generate trade ideas
• Maintain a detailed knowledge of operation pipeline interconnection and gas storages
• Closely collaborate with traders, analysts and meteorologists to understand short and long-term forecasts and pricing dynamics.
• Understand the trading strategies implemented by the senior trader and help manage the strategies.
• Any other duties as directed by your manager among which could be:
  • Spread sheet maintenance
  • Additional analysis
  • Other related projects
• Position requires flexibility in work hours due to market requirements
• 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
• Hold a thorough knowledge of all necessary regulatory codes and agreements relevant to the markets.
• 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

This list is not exhaustive and may include other tasks assigned by the manager.

Experience required

• Graduate level in an analytically-based discipline i.e. finance, maths, economics, science or equivalent experience
• Minimum 2 years prior experience in gas trading, experience in storages or options would also be beneficial

• Candidate should have good working knowledge of the gas/energy markets

Technical requirements

• Strong IT skills (advanced Excel and programming skills)
• Working knowledge of Bloomberg / Reuters

Person specification

• Motivated, business oriented person
• Good communication and analytical skills
• Fast learner
• Able to work in a fast paced environment
• Proactive
• Team player

Hours of work:

40 hours per week, Monday to Friday