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Salary 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’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.
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’s 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.
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.
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’s 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 Description:
Department
Quantitative Risk
The Quant Risk team delivers quantitative analysis to the Risk Group, provides independent assessments of EDF Trading’s pricing models and design, develop and enhance EDF Trading’s Risk Metrics calculations ( VaR, PFE, CaR …). The department is organised into 2 teams, one team responsible for implementing EDF Trading’s model validation framework and one team in charge of EDF Trading risk metrics calculations.
Position purpose
You will be a member of the Risk Metrics team, responsible for developing EDF Trading risk metrics tools
- Responsible for designing, developing and maintaining EDF Trading’s quantitative risk metrics calculations (VaR, PFE, CaR …)
- Work collaboratively with Market Risk, Credit Risk, Risk IT, the quant team and IT to deliver enhancements to EDF Trading Risk Metrics calculations and prepare EDF Trading’s risk metrics platform for the future
- Provide quantitative support to global risk teams, in particular to Risk Control on quantitative analysis requested to support their daily publication of VaR and Credit Risk to support their publication of PFE
- Stay abreast of latest development in quantitative modelling and proactively seek to apply best practice
Experience required
- At least 3 years experience in a quantitative / risk management role for an energy trading company or investment bank
- MSc or PhD in financial mathematics, mathematics or physics or similar
- Proven track records of model development
- Strong experience in model development, programming and maintenance of model libraries
- Expertise in options pricing theory and financial mathematics
- Knowledge of energy commodities and derivatives products
Technical requirements
- Experience in developing and maintaining production risk models (VaR, PFE…)
- Good understanding of energy commodities and energy derivatives instruments
- Strong programming skills in Matlab, Python or equivalent
- Proficient with Microsoft Office products
Person specification
- Excellent analytical skills
- Strong attention to detail and focus on accuracy of information
- Ability to manage multiple work streams in a trading environment of diverse and often conflicting pressures
- Strong communication skills, with ability to articulate technical knowledge and complex concepts into clear concise analysis
- Experience of working in a fast paced environment is essential
- Proactive
Hours of work:
40 hours per week, Monday to Friday
