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.

:

Department

Treasury department. The FX and Interest Rate Manager role is a new role which forms part of the treasury function within EDF Trading. The treasury team are responsible for all aspects of treasury risk management including; liquidity management, cash flow forecasting, foreign exchange and interest rate risk management.

The treasury department is a dynamic team-based environment that values interaction and exchange of ideas and techniques. The flat team structure supports access to all levels of management across the organisation in order to ensure that analysis and judgements are comprehensive and complete.

Position purpose

• Due to a substantial growth in the business, we are looking to appoint a Treasury FX and Interest Rate Manager to join the treasury team. The role will be to manage and hedge the FX and Interest rate risks inherent within the trading books of EDFT and at a corporate level across the group.
• Following the recently implemented treasury management system & FX and interest rate risk management process, the successful candidate will be expected to take a hands on lead to control, develop and manage the process.
• The initial focus of the role will be on EDFT\xe2\x80\x99s FX risk management process and will broaden to incorporate and develop the interest rate risk management process utilising the new treasury management systems improved analytics.

Main responsibilities

• Managing EDFT\xe2\x80\x99s group currency and interest rate risks across a variety of subsidiaries and JV\xe2\x80\x99s though balance sheet and FX P&L risk management.
• Develop the current risk management tools to enhance processes and improve analytics and management reporting.
• Supervision of the FX hedging and funding operation (2 people).
• Review FX risks across a variety of commodity trading desks including power, gas, coal, freight, emissions, oil and structure derivatives.
• Evaluate and recommend hedging requirements for a variety of physical and financial products within the trading books.
• Advise businesses on appropriate FX hedging solutions for new business and liaise closely with traders to manage hedging requirements.
• Liaise closely with the liquidity management team to ensure effective funding through FX swaps and settlement of FX hedges in line with physical and financial commodity settlement.
• Transacting FX, FX swaps, interest rate swaps and other treasury products
• Development of the treasury management system to enhance the risk management process.
• Development of the interest rate risk management processes.

Experience required

• This role would suit a highly numerate individual with a strong academic record. The role requires genuine FX exposure management experience and proactive decision making to mitigate and manage risk. The individual will need to be able to question current accounting and hedging processes and formulate alternatives if required.
• The role requires a combination of treasury, accounting and risk experience. An understanding of the energy commodities market would be beneficial.
• Very good interpersonal and IT skills (Excel) are essential to enhance the role.

Technical requirements

• Strong analytical skills
• Good written and verbal communication skills
• Knowledge of Treasury systems would be an advantage
• Qualified / Part Qualified (Accounting / Treasury) and / or other relevant qualification

Hours of work:

8.30am \xe2\x80\x93 5.30pm, Monday to Friday

EDF Trading