Contracts & Settlements Analyst (confirmations)

London, United Kingdom

Job Description


Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!

When you join EDF Trading you\xe2\x80\x99ll 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\xe2\x80\x99s experience that makes us leaders in the field. Energy is what we do.

Most of all, we value our people. Become part of the team and you will be offered a great range of benefits which include hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessment, corporate gym memberships, electric car lease programme, childcare vouchers, cycle to work scheme, season ticket loans, volunteering opportunities and much more. We even provide free fruit to keep you healthy.

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 800 colleagues based in London, Paris, Singapore, Tokyo 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 partnered with JERA, one of Japan\xe2\x80\x99s largest utilities; the perfect organisation at which to begin or progress your career in the commodities sector.

Join us, make a difference and help shape the future of energy.

:

Job title: Contracts & Settlements Analyst (Confirmations)

Reports to: Confirmations Supervisor

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

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 most importantly the integrity of the company\xe2\x80\x99s traded position and associated PnL.

Main responsibilities

  • Reconcile broker recaps and investigate any mismatches.
  • Draft and ensure the timely dispatch of all counterparty confirmations.
  • Ensure controls around long form contracts and structured products are adhered to.
  • Receive and reconcile all counterparty confirmations investigating and resolving discrepancies, and 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 our electronic matching platform.
  • Ensure all processes and procedures are constantly reviewed, documented and updated.
Experience required

Prior experience of working in an Operations function of an energy trading environment having worked with trading counterparties and Front Office, including direct contact with trading desks is an advantage.

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
  • Degree level education or equivalent work experience.
  • Good working knowledge of the trade life cycle and trading systems.
  • Numerate with a strong attention to detail and ability to deliver high standards of accuracy .
  • Experience of working with trading counterparties and direct contact with trading desks.
  • A team player, confident in building strong working relationships at all levels.
  • 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, with colleagues including senior management.
  • Motivated by daily operational processes and the opportunity to develop and refine those processes, reducing risk and improving efficiency.

EDF Trading

Beware of fraud agents! do not pay money to get a job

MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3004909
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned