Optimisation and Trading Analyst
London, United Kingdom
EDF Trading
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:
Department
Optimisation and Trading Analytical Team
The Energy Market Analytics department houses the Optimisation and Trading Analytical Team, a dynamic group of 10 professionals based in both Paris and London.
Our team’s primary mission is to develop sophisticated market forecasting models and asset optimisation tools. These tools are instrumental in supporting EDF Trading’s proprietary activities and optimising the EDF Group portfolio.
The team efforts are directed towards both the short-term electricity markets as well as the longer-term horizon and other commodities. We work closely with the trading desks and other analyst teams in both locations, fostering a collaborative environment that drives our success.
Position purpose
We are seeking an analyst with a keen interest in the energy sector and power markets. This role presents an opportunity to be at the forefront of our analytical tools for short-term power markets analysis (spanning from day-ahead to two weeks-ahead).
As a member of our London team, you will contribute to the improvement of our analytical tools based on predictive and prescriptive analytics to provide analytical insights into the short-term power markets. You will work in close collaboration with three other team members, each contributing their diverse skills and perspectives. Your work will involve communicating with internal stakeholders such as power analysts, software engineers and traders.
During the initial phase of your role, you will contribute to the development and support of our application, providing you with a practical understanding of the methodology and key factors essential for accurate price modelling and forecasting in power markets. As you gain experience in the role, you will have the opportunity to take on a more strategic focus, leveraging advanced market insights and/or sophisticated mathematical modelling techniques.
Main responsibilities
In this role your responsibilities will include
Model development: development and enhancement of our applications for modelling and analysing short-term power markets.
Analysis and trading desk support: support to power trading desks by producing bespoke analytics on identified topics to improve performance, while ensuring application stability and reliability.
Innovative Approaches: exploring and proposing modelling approaches to enhance our analytics (machine learning, mathematical modelling, …).
Team Collaboration: work in synergy with other teams of analysts located in Paris and London. This role will involve occasional travel to our Paris office.
Experience required
First experience (0-3 years) in the development of analytics/modelling in the energy sector
Technical requirements
Key requirements:
Analytical mindset: Your ability to dissect complex problems and find effective solutions will be crucial in this role.
Programming proficiency: in Python or another relevant language
Commercial awareness: Understanding the broader business implications of our projects will help deliver high-quality analyses.
Educational background: A degree in a quantitative subject (Math, Physics, Computer Science, Engineering, etc.) will provide a solid foundation for your work with us.
Interest in energy markets
Beneficial skills and experience:
Power market experience: be it modelling, asset optimisation, portfolio management, or trading, any specific experience in power markets is a plus.
Tech stack: we use SQL and noSQL databases, cloud tools (Azure), web technologies for front-end development. Although not required, any additional knowledge in one of those would be a plus.
Person specification
Desire to learn and iterate quickly
Proactive and adaptable, positive attitude
Strong work ethic
Good communication skills
Team-oriented and customer-focused
Hours of work:
8.30am – 5.30pm / 40 hours per week, Monday to Friday
Occasional on-call support on weekends at an estimated interval of two months.
to Friday
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Agile Azure Computer Science Engineering Machine Learning Mathematics ML models NoSQL Physics Python SQL
Perks/benefits: Career development Flex hours Health care Team events
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