EDF Trading

www.edftrading.com

EDF Trading Reviews

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.  

    Lack of direction and leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Network Engineer in Houston, TX
    Current Employee - Network Engineer in Houston, TX

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

    Pros

    Laid back atmosphere, cutting edge technology

    Cons

    Lack of leadership and consistent direction. Pass the buck culture, low morale.

    Advice to ManagementAdvice

    Find a consistent management structure.

    Doesn't Recommend
    Neutral Outlook
  2.  

    Hard to get your footing in a very transitional environment

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

    I worked at EDF Trading as an intern (less than an year)

    Pros

    The people that work (worked?) there are fun to be around. There are a lot of young people to connect and hang out with.

    Cons

    Management has a poor relationship with HR and, it seemed, with headquarters. There's a very high turnover among the higher levels of the organization. It's a very aggressive, competitive culture.

    Advice to ManagementAdvice

    Get yourselves together. Build a brand in the US as a company that people want to work for, and value your employees.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Disorganized and poor management/HR dynamics

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

    I worked at EDF Trading as an intern

    Pros

    Predominantly young, fun workforce. It's easy to make friends. The office is in a good location not too far from the Memorial area.

    Cons

    The trade floor is a bit of a boys' club; very competitive and aggressive. Managers and HR clash, with no one wanting to take ownership of issues that arise. There's some workplace drama.

    Advice to ManagementAdvice

    Take ownership of problems that come up.

    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 (UK)
    Current Employee - Business Analyst in London, England (UK)

    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 (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    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.  

    Still going through growing pains .

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

    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
  8.  

    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
  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
    Former Employee - Analyst in Houston, TX

    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.  

    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 (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    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
  11.  

    EDF Trading North America

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

    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

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