Contracts and Settlements Analyst

Contracts and Settlements Analyst page is loaded## Contracts and Settlements Analystlocations: Londontime type: Full timeposted on: Posted Yesterdayjob requisition id: JR1001193When 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. Become part of the team and you will be offered a great range of benefits which include (loaction dependent) 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. 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 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.Join us, make a difference and help shape the future of energy Job Description:**Department**Contracts and Settlements is one of several support functions that enable EDF Trading to tightly control its commercial activities and process a large number of transactions with a wide variety of counterparts.The department acts as an enabler for the commercial side of the business whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial (actual or lost opportunity) or reputational.**Position purpose**The role will primarily be to validate trades entered into by the company, ensuring trade confirmations are sent in a timely manner, matched where possible electronically and followed up regularly to ensure both compliance with the agreed departmental KPIs and most importantly the integrity of the company’s traded position and associated PnL.**Main responsibilities*** Reconcile broker recaps and investigate any mismatches.* Draft and ensure the timely dispatch of all counterparty confirmations.* Ensure controls around long form contracts are adhered to.* Receive and reconcile all counterparty confirmations investigating and resolving discrepancies, and escalating issues to Management as appropriate.* Follow up outstanding and overdue confirmations to ensure receipt within contractual deadlines.* Monitor electronic confirmations for failures and resolve through to successful match.* Promote and encourage counterparties to use our electronic matching platform.* Ensure all processes and procedures are constantly reviewed, documented and updated.**Experience required**Prior experience of working in an Operations function of an energy trading environment having worked with trading counterparties and Front Office, including direct contact with trading desks is an advantage.You also need to be a self-starter, a logical thinker and a quick learner, someone who is proactive with strong initiative and excellent communication and interpersonal skills.**Person specification*** Degree level education or equivalent work experience.* Good working knowledge of the trade life cycle and trading systems.* Numerate with a strong attention to detail and ability to deliver high standards of accuracy .* Experience of working with trading counterparties and direct contact with trading desks.* A team player, confident in building strong working relationships at all levels.* Ability to follow procedures, identify problems and follow up on resolution.* Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing, with colleagues including senior management.* Motivated by daily operational processes and the opportunity to develop and refine those processes, reducing risk and improving efficiency.We are committed to equipping our employees with the tools that will enable them to fulfil their job to the highest standard. To that end we offer a wide range of technical and personal development courses both in-house and through third-party providers."It is a fast-paced and dynamic working environment where each day is interesting and challenging. There’s also an incredible pool of talent and skills within EDFT. I’m continuously learning from my colleagues.""There is no ‘typical’ day. I work on a wide range of compensation, benefit and mobility projects throughout the year. One thing’s for sure though, I’ll have my head in a spreadsheet at some point." #J-18808-Ljbffr