Power Analyst

Houston, Texas

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EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers.


We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products.  We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets.  Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products.  With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. 

EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies. 

Job Description:

Working with and supporting the East Power Trading team the Power Analyst will build and support analytical and trading tools, assist with trade book exposures and P&L reconciliation, perform fundamental market risk analysis and due diligence, and generally support the trading activities on the desk.

Responsibilities

  • Perform fundamental analysis of power markets

  • Assist traders with data manipulation and analytical support utilizing Python, SQL, VBA and other programing languages as necessary

  • Participate in the end of day process including running daily P&L for multiple power strategies; ensure accurate curves are submitted and manage models

  • Develop a complete understanding of P&L as it relates to existing desk positions; be able to break down key P&L drivers and report results to traders and management

  • Assist in the development and presentation of trading strategies for various risk and management meetings

  • Identify and develop trading and hedging tools for various risk factors in the East region

  • Organize data for trading ideas for all East Region Trading Hubs

  • Participate in scheduled and ad hoc strategic trading discussions

  • Develop skills to commercially contribute to the team in a manner that will generate or assist in the generation of revenue

Requirements & Qualifications

  • Preferred 2 years of experience in a power or gas trading environment

  • Bachelor's degree in a quantitative field such as math, statistics, IT, quantitative finance or engineering required; Advanced degree preferred

  • Understanding of trading instruments such as forwards, futures, swaps and options

  • Exposure to fundamental market conditions and drivers impacting power markets in the East Regions of North America

  • Proficient with Python, SQL, Excel and VBA, or other programming languages

  • Statistical software knowledge (such as Matlab, Eviews, etc.) is a plus

  • Familiarity with a trading system, ideally within OpenLink Endur preferred

Note: EDF is an EEO employer


We are an equal opportunity employer and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.


EDF participates in the E-Verify Employment Verification Program.


EDF is not currently accepting unsolicited resumes from search firms. Regardless of past practice, all resumes submitted by search firms to any employee at EDF via-email, the Internet or directly to hiring managers at EDF in any form without a valid written agreement in place for that specific position will be deemed the sole property of EDF. As a result, no fee will be paid in the event the candidate is hired by EDF.

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Category: Analyst Jobs

Tags: Engineering Excel Finance Mathematics Matlab Python SQL Statistics Trading Strategies

Region: North America
Country: United States

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