Product Controller - London, United Kingdom - EDF Trading

EDF Trading

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Reports to:
Senior Product Controller

Location:
London

Company information
EDF Trading is a leader in the international wholesale energy markets.

The company manages a portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world.

These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is active in the electricity, natural gas, LPG, oil and environmental products markets. It is also active in the LNG and coal and freight markets via JERA Global Markets* ("JERAGM*"). EDF Trading is one of the largest wholesale market traders in Europe for power and gas.

In North America, EDF is one of the leading marketers of gas and power, one of the main providers of generation services for power generation companies and a leading energy retailer for large commercial and industrial customers.

JERAGM is a joint venture between JERA Co., Inc % through JERA Trading International Pte. Ltd. equity) and EDF Trading (33.33% equity). JERAGM operates one of the largest seaborne energy portfolios in the world.

EDF Trading is a 100% owned subsidiary of EDF SA., one of the world's biggest electricity generators and a leader in low-carbon production.

EDF Trading has around 800 employees with key offices in London, Paris, Singapore and Houston.

Department

The Product Control Department is responsible for the validation and publication of a Trading Profit and loss for every EDFT trading desk on a daily basis.

This will include agreement with the trading desk and a written explanation of the P&L movement

In addition a consolidated P&L is produced and distributed to Management including the monitoring of EDFT stop loss limits.

Other responsibilities of the Department include:

Curve Validation to external sources
Monitor Futures reconciliations
Monitor Intercompany Balances
Various month end reports and reconciliations for Financial Control and Treasury
Prepare Daily summary of price moves

Position purpose

They will also produce some month end and audit deliverables and in time be expected to work on small ad hoc projects to help the wider team and/or push the business forward.

Experience required

A background in middle office/product control/risk management within energy trading/investment banking.
Minimum of 2 years experience of profit & loss analysis.
Knowledge of commodities required.
Knowledge of derivatives, including options, swaps and futures required.

Technical requirements

Accounting Qualification (or Part Qualified) desirable or equivalent experience
Knowledge of Excel VBA desirable

Person specification

Strong excel skills is essential
High level numerical skills essential
Good communication and stakeholder management skills
Excellent analytical skills
Good attention to detail
Ability to work under pressure without compromising the quality of deliverables.
Adaptable
Proactive

Hours of work:

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