Data, Pricing and Quant Engineering Intern

Job Details

View similar jobs

Data, Pricing and Quant Engineering Intern

What does Data, Pricing and Quant Engineering do?

The European Pricing and Structuring Desk sits with the origination team providing on demand valuation, structuring and analytics services to Front Office (Origination and Trading teams).

Wider purpose includes support in:

• Business development (e.g. analysis in support of competitive market penetration and business expansion)
• Providing commercial synergy between origination, trading, risk, credit and finance with the aim to evaluate full economics and risks of a new deal and obtain necessary approvals to close it
• Providing independent opinion on deals to the executive management
• Pricing methods research, prototyping new models, contributing to development and enhancements of EDFT ETRM valuation and risk engine
• Pricing and Structuring are not only a counterpart to Origination and Trading teams, we also collaborate closely with quantitative analytics team and quantitative development

Although we apply quantitative skills in our work the angle remains very commercial – the target is to close profitable deals that increase EDFT’s operating profit.

What are my responsibilities?

You will be given some choice on your main business project, dependent on your strengths and interests. We have some exciting projects lined up, and this can be discussed when you join!

You will also be expected to learn as much as possible about the business, and this will enable you to get involved with pricing of live deals that come up during your time here.

You will get a chance to experience working in a front office environment and gain understanding of real-world financial engineering vs the academic theory. You will also learn about European energy market structure, common products, assets and trends

What do I need to qualify for this internship?

• A demonstrated and proactive interest in pricing / derivatives / market dynamics / finance
• Basic+ / Moderate level Excel
• VBA or python (preferred, not-essential)
• Commercial awareness and quick to grasp new concepts
• Enthusiastic
• Studying for degree in a numerate subject

About EDF Trading

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 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.

How to apply

To apply for this role and to find out more, please click on the apply button.