Job title: Senior Oil Flow Trader
Reports to: Head of Oil Flow Trading
Location:Singapore
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, LNG, LPG, coal and freight and environmental products markets. It is one of the largest wholesale market traders in Europe for power and gas and one of the leading marketers of gas and power in the US. Its affiliate, EDF Energy Services is one of the main providers of generation services for power generation companies in the US and a leading US energy retailer for large commercial and industrial customers. In 2017, EDF Trading broadened the scope of its coal and freight activities in the form of a minority (33%) stake in JERA Trading, one of the leading utility backed global coal traders.
EDF Trading is a 100% owned subsidiary of EDF, one of the world’s biggest electricity generators.
EDF Trading has around 800 employees with key offices in London, Paris, Singapore, Houston and Calgary.
Department
Oil Flow Trading
Position purpose
Support the Head of Oil Flow Trading in all activities on the desk and to grow the third-party oil flow business.
Main Responsibilities
· Monitor and analyse relevant markets. Use analysis to identify new trading opportunities, execute and manage all associated risk including FX, while extracting value and delivering profitability
· Monitor regulatory and economic developments and be able to develop an understanding of their impact on the market as well as EDFTs own position
· Build and maintain relationships with market players in the region. Be an ambassador for EDFT with external counterparties.
· Co-operate and work with other desks, in order to ensure information and trading synergies
· Actively participate in trading meetings, sharing knowledge and trading strategies with other team members
· Ensure awareness of conformity with EDFT compliance, procedures, business transaction and risk policies
· Experience required
· Substantial experience in Oil flow trading environment
· The ability to effectively value, manage and support large, complex originated positions
· The ability to structurally support flow and complex sales and origination activity from a trading perspective
· The ability to demonstrate a solid approach to risk management and risk control
· Proven Track record in terms of P&L Generation
Person specification
· Must display entrepreneurial flair
· Excellent communication and interpersonal skills
· Excellent analytical skills
· Experience of working in a fast paced environment is essential
· Proactive
· Strong Excel skills
· Fluent English is essential, other European languages are beneficial
· High-level risk control and risk management skills/experience
Hours of work:
40 Hours Per Week
