Contracts and Settlements Analyst

Contracts and Settlements Analyst

EDF Group

London, United Kingdom

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.
• Receive and reconcile all counterparty confirmations investigating and resolving discrepancies. 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 electronic matching platform.
• Ensure all processes and procedures are constantly reviewed, documented and updated.

Experience required

• Ideally 1-3 years’ experience in applicable role.
• Prior experience of working in a Confirmations role (ideally in Gas, Power and Emissions markets), and/or a Middle / Back office operations role (ideally in Gas, Power and Emissions markets).

Technical requirements

• Good working knowledge of Operations within Energy Markets.
• Knowledge of trade lifecycle processes including: booking, amendment, contracts, and settlements.
• Demonstrates analytical skills which can be used in an agile and dynamic working environment
• Able to follow procedures, identify problems, propose solutions and follow up on resolution.
• Excel skills are an advantage.

Person specification

• Degree level educated or equivalent work experience.
• Motivated by daily operational processes and the opportunity to develop and refine those processes.
• Numerate with a strong attention to detail and the ability to deliver high standards of accuracy.
• A team player who is confident in building strong working relationships at all levels.
• Proactive and adaptable in a fast paced and exciting environment.
• Fluent in English with the ability to communicate messages clearly and concisely, both verbally and in writing, with colleagues including senior management.
• Self-starter, a quick learner, and someone who has proven problem solving skills and is not afraid of being curious.