Contracts & Settlements Analyst (Regulatory Reporting)

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

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

This is a fantastic opportunity to join our team. The role will primarily be to take ownership and responsibility of Transaction Reporting processes and ensure that timely, complete and accurate data is delivered in accordance with the various obligations under numerous regulations (EMIR, REMIT and MiFID).

Main responsibilities

• Responsible for ensuring that relevant trades are reported within EMIR and REMIT regulatory deadlines, so that required regulatory obligations are met.

• Responsible for ensuring that ancillary reporting obligations are met within the required regulatory deadlines.

• Responsible for contributing to a high performing team.

• Monitor trade submission error logs, performing root cause analysis when necessary, to ensure that trades are reported within specified timeframes.

• Work with Technical partners to ensure infrastructure / reporting logic issues are resolved.

• Liaising and interacting with Front Office, Operations and IT teams to investigate and resolve exceptions.

• Assess opportunities for transaction reporting developments.

• Ensuring all processes are followed and evaluated for enhancements and controls.

Experience required

Analyst: 1-2 years’ experience in applicable role

Experience of working in a regulatory reporting operations role (ideally in Gas, Power and Emissions markets) is an advantage, and/or a Middle / Back office operations role (ideally in Gas, Power and Emissions markets).

Technical requirements

• Knowledge of financial and wholesale energy regulations EMIR, REMIT, and MiFID is an advantage.

• Knowledge of Operations within Energy Markets.

• Knowledge of trade lifecycle processes including: booking, amendment, contracts, and settlements.

• Demonstrates analytical skills which can be used in an agile and dynamic working environment

• Able to follow procedures, identify problems, propose solutions and follow up on resolution.

• Intermediate or Advanced Excel skills are an advantage.

• Skills in automated process applications (Such as Alteryx) are an advantage.

Person specification

• Degree level educated or equivalent work experience.

• Motivated by daily operational processes and the opportunity to develop and refine those processes.

• Numerate with a strong attention to detail and the ability to deliver high standards of accuracy.

• A team player who is confident in building strong working relationships at all levels.

• Proactive and adaptable in a fast paced and exciting environment.

• Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing, with colleagues including senior management.

• Self-starter, a quick learner, and someone who has proven problem solving skills and is not afraid of being curious.

Hours of work:

8.30am – 5.30pm / 40 hours per week, Monday to Friday