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Summer Internship Programme

About EDF Trading

Employing approximately 800 people globally, with key offices in London, Paris, Houston and Singapore, EDF Trading is a leader in the international wholesale energy markets actively operating in the electricity, natural gas, LPG, oil and environmental products markets.  It is also active in the LNG and coal and freight markets via JERA Global Markets.  EDF Trading is one of the largest wholesale market traders in Europe for power and gas. In North America, EDF Energy NA is one of the leading marketers of gas and power, one of the main providers of generation services for power generation companies and a leading energy retailer for large commercial and industrial customers.

EDF Trading is looking for undergraduates who are motivated to succeed in a fast-paced trading environment. You will be commercially astute, have strong analytical skills and a genuine interest in learning about energy commodities and the financial markets. Join us and you will be encouraged to critically assess processes, test your ideas in a rapidly evolving market and have responsibility for real business projects.

We are proud of our work ethic and cultural diversity. We are high performing people working together to achieve common goals. We are innovative and flexible in our thinking, enabling us to adapt and change, which is critical to the success of EDF Trading.

EDF Trading's Internship Programme

This unique 10-week paid internship will be the envy of your fellow students and friends. At the end of your internship you will be invited to deliver a presentation on your business project findings to a panel of executives.  Impress here and you could receive an offer to return to EDF Trading on the completion of your studies. 

Application Process

In order to apply for a Summer Internship with EDF Trading you will need to:

  • Be in your penultimate or final year of study
  • Be on track to achieve a minimum of a 2:1 degree or equivalent in the UK
  • Have the right to work in the UK
  • Ensure you are available during our recruitment process and for the dates of the internship itself

To apply you will only need to submit a copy of your CV and your contact details. 

Application Deadline 15 January, 2021
First Stage Virtual Interviews December 2020 - January 2021
Second Stage Virtual Assessment Centres January 2021 - February 2021
Internship Commences 28 June 2021
Internship Ends 3 September 2021

Our Internship Opportunities

We are offering Summer Internship Opportunities in the following departments:

  • Trading
  • Origination
  • Energy Market Analysis
  • Data
  • Market Risk
  • Quant Engineering


Trading

What do the Trading teams do?

Our Trading teams are responsible for optimizing group assets, hedging, developing trading strategies, and managing the execution of those positions across their markets. Our trading teams trade across the European Energy Markets; in Power, Gas, LPG, Oil and Environmental Products.

We have four internship opportunities across our trading desks, so you could have the opportunity to work in any one of the following desks: European or French Power; European Gas; LPG; Cross Commodity and Oil; Flow; Derivatives; Quantitative Trading.

You will be exposed to the strategy management techniques such as Stop Loss Limits, VAR and other analytical tools. The teams also assist with processes to maintain effective coordination between trading and origination, and provide commercial solutions for EDF Group and co-controlled entities consistent with maximizing value for the EDF Group.

What are my responsibilities?

You will gain exposure to the day to day activities of our trading desks by providing support to the traders as needed, predominantly by maintaining and developing models and tools.

Day to day activities may include:

  • Tool and model building
  • Model maintenance
  • Fundamental analysis
  • Forming trade ideas
  • Validation and back testing of models
  • Collecting data relevant to the specific market

You will liaise with various stakeholders including members of the power analysis team, IT and trading desks as appropriate.

You will also have the opportunity to work on a long-term project which will aid the trading desks in pricing and trading decisions.

Our trading internships are designed to provide versatility, with no day looking the same. You will gain exposure to and valuable insight into the world of energy trading and an understanding of the global nature of the commodities we trade.

What do I need to qualify for this internship?

  • You will be enrolled in a Bachelor’s or Master’s degree program in a STEM based subject, or another relevant subject such as Finance or Economics.
  • You will have experience in a general-purpose programming language, ideally python. Proficiency in VBA and Matlab would also be beneficial.
  • You will also be expected to have some knowledge or interest in the global energy markets

Click here to apply

Energy Market Analysis

What does Energy Market Analytics do?

Our Energy Market Analytics team contributes to the development of commercially relevant fundamental analysis to support primarily our European gas and power trading desks which are at the core of our business. 

What are my responsibilities?

You will support the team in day to day activities such as:

  • Developing market views, models and conceptual frameworks to further the desk’s understanding of short and medium-term fundamental dynamics
  • Developing tools to monitor market developments and efficiently disseminate information within the business
  • Communicating views and findings to traders, analysts, and other stakeholders.

What do I need to qualify for this internship?

  • You will be enrolled in a Bachelor’s or Master’s degree program in a STEM based subject.
  • You will need to possess strong analytical skills and an ability to communicate your views and findings.
  • You will be proficient in Excel with proven programming skills, ideally Python.

Click here to apply

Data

What does the Data department do?

The data team is responsible for building a fully integrated, bespoke and in-house developed technology stack to ingest, process, transform and broadcast all types of data, real-time and historical, to allow for advanced analytics, decision making, deal capture, on-desk trading operations and off-desk trading support.

Trading is transitioning into a data driven business. High quality data and the agility of the analysis are becoming the differentiator. EDF Trading has a leading footprint in the European energy markets and wants to monetise and optimise data as an asset. You will have the opportunity to see this in action.

What are my responsibilities?

You will work on a variety of activities which will help the team in achieving their overall goals.
These may include:

  • Data processing and cataloguing to ensure the key commercial teams have access to well catalogued, high quality, cleaned, validated and properly time-stamped data
  • Python integration projects

What do I need to qualify for this internship?

  • You will be enrolled in a Bachelor’s or Master’s degree program in a STEM based subject; ideally one that is Computer Science based.
  • You will have good programming skills, ideally in Python and/or C#.
  • You will be capable of working with large amounts of data; organising and analysing etc.

Click here to apply

Market Risk

What does Market Risk do?

The Market Risk team provides an independent view of EDF Trading’s market risk exposure for all physical and financial energy trading activity. The team is responsible for the design of risk methodologies, implementation of a suitable risk control framework and providing quantitative and qualitative market risk analysis and control solutions.

What are my responsibilities?

You can expect to be given responsibility from the outset and opportunities to become involved with business-critical projects. This will require research, commercial awareness, interactivity with the business and the ability to ask the right questions. You will develop practical solutions, propose changes and present the results of your work to a panel of executives.

Day to day activities will include:

  • Preparing daily, weekly and monthly market risk reports including VaR, options and stress testing
  • Analysing the risk of the company’s portfolio across commodities and products
  • Preparing analysis as directed by manager for consideration by the Global Risk Committee
  • Providing support within the Market Risk team for the development and validation of risk models
  • Providing support within the Market Risk Team for system testing and development

What do I need to qualify for this internship?

You will be enrolled in a Bachelor’s or Master’s degree program in Risk Management, Maths, Physics, Chemistry, Engineering, Economics, Computing or Finance.

You will be proficient in:

  • Excel
  • VBA
  • SQL
  • Matlab

You will also be expected to have some knowledge or interest in the global energy markets.

Click here to apply

Quant Engineering

What does Quant Engineering do?

The Quantitative Engineering group which sits with the Front Office and is the centre of quantitative development capability for EDF Trading. The group provides front office analytical tools for both traders and structurers. The team are responsible for the development and support of the company’s custom-built multi-commodity front-office applications and tools.

What are my responsibilities?

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

You will support the team in providing support and solutions to the traders and structurers; developing various apps and tools. This could include:

  • Working on the official P&L and risk valuation application as well as other custom-built multi-commodity front-office applications and tools
  • Providing technical support for all aspects of the trading processes as applicable to the Derivative system these may include aspects such as deal entry, valuation, position and P&L calculation.

You will also be expected to learn as much as possible about the business, and this will enable you to get involved with the development of sophisticated solutions for the various front office teams.

What do I need to qualify for this internship?

  • A passion for solving problems and interest in technology
  • Some knowledge or experience of C/C++ (this is our team’s primary development language)
  • Knowledge of the any of the following languages would also be beneficial: python, Java, C#, VBA
  • Studying towards a degree in a mathematical or computational based subject

Click here to apply