Trade Control Manager

About the Company

EDF Trading North America, LLC is a major participant in wholesale energy markets and delivers customized energy solutions for our customers. We operate in every market and provide coast to coast coverage of financial and physical products in power, natural gas and NGLs, environmental products and financial crude oil products. We provide our customers with products and services that deliver access to markets, optimize their energy portfolio, hedge risk and manage assets. Our Wholesale Business operates throughout the value chain in the North American wholesale power markets and we are one of the leading wholesale natural gas marketers. Additionally, we provide environmental, congestion management and value added derivative products. With extensive pipeline agreements, we can manage natural gas offtakes, deliveries, capacities and supply anywhere across the continent. EDF Trading North America, LLC is part of the EDF Group, a global leader in low-carbon energies.

About the Role

The Trade Support team plays a critical role in ensuring the accuracy, efficiency, and risk management of our commercial activities. As part of our team, you’ll be integral to our operations, ensuring smooth processes and mitigating potential risks to the business. The Trade Support Manager will play a key role in ensuring the accurate validation of trades across multiple teams and counterparties. In this position, you will interact closely with internal stakeholders, providing technical support and ensuring the operational aspects of trade execution are handled seamlessly. The role requires strong attention to detail, excellent communication skills, and a deep understanding of trading processes and risk management.

Responsibilities

• Liaise between Front Office, Credit, Operations, IT, Finance, and other teams to resolve issues and ensure smooth trade execution.
• Evaluate current operational processes to identify gaps and to streamline & automate current processes.
• Work with compliance and regulatory teams to ensure practices adhere to internal guidelines and to external regulatory requirements.
• Deal Maintenance Oversight:

ISO deal updates or other fields on trades to update information

Deal Splits and Rebooking

Profile regeneration such as new holidays, etc. Every deal impacted must be regenerated and put through a full amendment.

Novations, Terminations or Unwinds

Re-gens for mass amounts of deals for Holiday Calendar Updates

• Daily Quality / System limitations that require manual intervention:

ICE trades that auto-flow into Endur – monitoring feed to ensure appropriate mapping and trade are booked in Validated status.

Monitoring and updating non-auto gateway ICE trades. These are trades that are traded on ICE but unsupported through the auto-gateway that are manually entered in the ETRM.

Trades with missing resets/pricing.

Assisting traders with the correct deal template and various attributes of the trade.

Monitor YES, and Power Optix gateways which may require trades to be updated, amended or cancelled

Interbook trade validations

Fee booking structure guidance

• Create procedures for the North America business while ensuring alignment with London. Review procedures at a minimum of two times per year.
• Maintain System Static Data
• Daily supervision of the team, task allocation and completion.
• Other projects and tasks as assigned.

Qualifications

• Bachelor’s degree in accounting, finance, economics, business, or another relevant field
• Minimum 10 years of experience the Energy Commodity Marketing and Trading Industry.
• Prior experience of working in a Trade Support role (ideally in Gas, Power, Oil and Emissions markets) and / or Middle / Back-office operations role (ideally in Gas, Power, Oil, and Emissions markets)
• Prior experience managing a team preferred.
• Good working knowledge of trade lifecycle processing including booking, amendment, contracts, settlements and accounting.
• Strong communication, interpersonal skills, and relationship building are critical.
• Strong attention to detail and ability to deliver high standards of accuracy.
• Ability to identify problems, propose solutions and follow up on resolution.
• Highly organized with the ability to prioritize and delegate workloads effectively.
• Excellent written and verbal communication skills.
• Self-motivated and able to manage time with competing priorities with minimal supervision.
• Ability to adjust schedule to complete priority requests within a short notice.
• Ability to perform under pressure and execute effectively, balancing daily tasks and deliverables.
• Endur experience a plus.

Equal Opportunity Statement

EDF is an EEO employer. We are an equal opportunity employer and all qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or any other characteristic protected by law. EDF participates in the E-Verify Employment Verification Program. EDF is not currently accepting unsolicited resumes from search firms. Regardless of past practice, all resumes submitted by search firms to any employee at EDF via-email, the Internet or directly to hiring managers at EDF in any form without a valid written agreement in place for that specific position will be deemed the sole property of EDF. As a result, no fee will be paid in the event the candidate is hired by EDF.