EDF Trading Reviews

Updated 24 July 2014
Updated 24 July 2014
15 Reviews
3.4
15 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
EDF Trading Chief Executive John Rittenhouse
John Rittenhouse
6 Ratings

Employee Reviews

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  1.  

    Good experience working for a leading trading firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England

    I have been working at EDF Trading full-time (more than 5 years)

    Pros

    People, experience, interesting transactions, international firm

    Cons

    Processes are a bit cumbersome.

    Advice to ManagementAdvice

    More focus on training.

    Recommends
    Approves of CEO
  2.  

    Good but no where near brilliant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EDF Trading full-time (more than 3 years)

    Pros

    Salary is OK and so are bonuses. Good atmosphere.

    Cons

    No chance of progression. Hours can be very long when providing support.

    Advice to ManagementAdvice

    Give us a chance to progress

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Analyst Developer - London

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    I worked at EDF Trading full-time (more than 3 years)

    Pros

    Pleasant space to work in.
    Friendly people.
    Management recognizes hard work through bonus.
    Challanging, growing company which currently lets you explore new technology as long as you meet your deadlines.
    Good benefits.
    Salary is little less than market rates.

    Cons

    Flat structure not many opportunities to advance.
    Pompus people in strategic areas (but that's the case everywhere).

    Advice to ManagementAdvice

    Give more opportunity for advancement, hire more people.
    Pay a little better.

    Recommends
    Positive Outlook
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  5.  

    Bonus of Good, lack of opportunities - to gain exposure in other areas of commodity trading which I do not know,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst in London, England
    Current Employee - Business Analyst in London, England

    I have been working at EDF Trading

    Pros

    Good Pension
    Bonus
    Good Benefits
    Exposure towards Building ETRM systems in house
    More responsibility - Business Analysis + Project Management

    Cons

    No encouragement to get PRINCE 2 qualification or any other qualification for that matter
    Lack or no training
    No opportunities to get projects in the areas I do not know or have less experience

    Advice to ManagementAdvice

    Please put career growth plans in place for employees - identify growth plans and help employees to achieve the plan
    More investment in employees

  6. 1 person found this helpful  

    There is no royal road to success

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England

    I have been working at EDF Trading

    Pros

    Friendly and helpful colleagues and pleasant, well-equipped office. Good salary and conditions. Training program well established, and excellent sponsorship opportunities for employees. The core business of EDFT is very interesting.

    Cons

    Buck-passing culture, Inability to manage progress against strategic company goals. Senior management are not respected within the company. Interminable meetings! High staff turnover, low morale.

    Advice to ManagementAdvice

    Stop searching for magic solutions that will solve all your problems at once. Need to start promoting effective teams and teamwork. You must see that there is a reason nothing progresses, despite a strong desire for change. You should be looking for incremental change, a culture of delivery from unified teams, and a resulting boost in company morale.

    Doesn't Recommend
  7.  

    A great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Houston, TX (US)
    Former Employee - Anonymous Employee in Houston, TX (US)

    I worked at EDF Trading full-time (more than 3 years)

    Pros

    A great place to start and grow. Good starting salaries and performance based bonuses. Many young professionals keep it competitive; many whom are hungry to move up. Good training programs and opportunities to jump to other areas if you can show initiative. Very flexible in terms of family/work life. If the company is successful, everyone enjoys the spoils.

    Cons

    UK/NA/Paris office differ in culture and direction. Sometimes it seems as though the EDF machine stalls with lack of clear objectives. There are some that have been there since the Lehman era that have hit a wall and really don't bring anything new to the company. Retention for top talent is not great. Bonuses for trading isn't just performance or book based but how the company does overall. Some good performing traders get shafted while others who get by reap in the benefits.

    Advice to ManagementAdvice

    It's hard to steer the North American ship with UK and Paris at the helm but try to become more independent. Great business model.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Still going through growing pains .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Support in Houston, TX (US)
    Current Employee - IT Support in Houston, TX (US)

    I have been working at EDF Trading full-time (more than 3 years)

    Pros

    Great culture and environment
    Good benefits
    Constant Challenges to keep you sharp.
    Access to new technology.

    Cons

    Management still learning how to manage
    Constant turnover n company officials.
    Minimal to no bonuses
    Hard to get a raise even to meet inflation.
    They have not figured out their identity yet. Shifting business strategies .

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Great Job but no direction for the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Houston, TX (US)
    Former Employee - Analyst in Houston, TX (US)

    I worked at EDF Trading full-time (more than an year)

    Pros

    It is a great work atmosphere. Culture and Values are very good. Compensation and Bonus structure is very nice. Good amount of perks. Back Office is well structured but its too top heavy.

    Cons

    Company has no sense of direction, Back Office is ok, but Front Office downsizes alot and then hires alot, retention rate is terrible. Senior Mgmt gives out mixed signals on growth. They do not take risks at all.

    Advice to ManagementAdvice

    Figure out how to structure EDF's relationship with EDF Trading in London, and figure out the relationship between EDF Trading in London with EDF Trading North America.

    Recommends
    Negative Outlook
    Disapproves of CEO
  10.  

    EDF Trading North America

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Power Trader in Houston, TX (US)
    Current Employee - Power Trader in Houston, TX (US)

    I have been working at EDF Trading full-time (more than an year)

    Pros

    A great place to learn, grow, and propel your career.

    Cons

    The office location in Houston is not ideal for those who live inside the loop.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    My intern experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EDF Trading

    Pros

    Coworkers were willing to help

    Cons

    There wasn't an organized internship program

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