Description
:
Department
Our Power Trading function is responsible for all EDF Trading’s commercial activities in Europe. The team covers fundamental analysis, building and executing trading strategies across the geographical markets in Europe.
Position purpose
Reporting to the Senior Power Trader, this role will support the Italian Power business.
Being part of the Italian desk team will give you an opportunity to have a hand-on experience on energy markets with a focus on Italy. You will have time to learn but also be challenged from day 1 by working directly next to the traders in a fast-paced environment. This is a great opportunity to grow and start a career in power trading.
Responsibilities
1. Help develop profitable trading strategies and assist with their implementation and management
2. Work with the power traders to identify growth opportunities for the business
3. Collaborate with market analysts and traders to provide support
4. Use a professional approach at all times and set high standards
Learning
5. Understand basics of energy markets
6. Understand proprietary trading models and all other fundamental analysis carried out by the desk and actively participate in the development of the analyses and contribute to the ongoing effectiveness of such work.
Trading
7. Get involved in the implementation and follow-up of strategies
8. Help traders to develop new areas of business using strong analytical skills
9. Understand the trading strategies implemented by the senior trader and help manage the strategies.
10. Be aware and alert to any changes in the market conditions as they affect the positions and convey such information to the senior trader
Support
11. Spreadsheet maintenance
12. Trade support
13. Additional ad-hoc projects
Compliance
14. This role is subject to the Front Office Supervision Procedures and you are required to adhere to them at all times and attest that you have read and understood them on an annual basis.
Experience required
15. Graduate level in an analytically-based discipline i.e. finance, maths, economics, science or equivalent experience
16. Prior experience in trading or other front office role
17. Experience and understanding of working within commodities
18. Knowledge of Italian Power and Gas markets not required but is a plus
19. Market analysis/Trading/Power scheduler experience not required but is a plus
20. Italian language knowledge not required but is a plus
Technical requirements
21. Strong IT skills (advanced Excel and Python)
22. Working knowledge of Bloomberg / Reuters useful
Person specification
23. Excellent accuracy and detail oriented
24. Good communication and analytical skills
25. Motivated, business-oriented person
26. Able to work and learn in a fast-paced environment
27. Proactive
28. Team player
Hours of work:
40 hours per week, Monday to Friday