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

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.

Job Description:

Job title:
Product Controller

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.

For more information, please visit

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