Edf Trading North America, Llc Employee Reviews

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EDF Trading and Energy Services
Director (Former Employee) –  Houston, TX4 May 2018
Management is poor. The entire management are ex Dynegy. They won't hire or promote anyone not from Dynegy.

A typical work day includes disruptive micromanagement.

There are no set procedures for settlements. It's made up as you go.

Recently the settlement accounts were found to have been incorrect for years. Deal settlement is done on antiquated spreadsheets.

There is no information transfer between the managers and those interfacing with the company.

Bonus and salary compensation is a black box. Reviews are not conducted by managers.

Customers would be served better served by Twin Eagle or CAMS or Sterling-Energy than EDF.
Pros
owned by french government
Cons
poorly managed, overseen by EDF trading in London, that uses tax payer and rate payer funded utility assets in europe to trade with.
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Backwards
Vice President East Power Trading (Current Employee) –  Houston, TX13 July 2017
At EDF the review process is a joke, so you never know where you stand. Bonus time is a circus with no set date or percentage. Upper management is greedy and out for only themselves. Two years ago bonus numbers were given after 4/15 leaving employees guessing at taxes
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Not the same place it was when I started
Associate (Current Employee) –  Houston, TX18 July 2016
Management doesn't provide clear view of direction of company, many employees very frustrated with lack of clarity (as evidenced by the high turnover). Certain groups are good to be a part of and have many learning possibilities but this is very dependent on who the leader of the group is.
Pros
good bosses in some groups
Cons
lack of clarity on direction of company and on bonus structure
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Fast paced work environment
Senior Financial Analyst (Former Employee) –  Houston, TX19 October 2015
This company had a great culture and took care of its employees. It was a fast paced and challenging environment, which was great for learning.
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A Great Place to Work
Senior Contract Administrator (Current Employee) –  Houston, TX8 July 2014
Overall, my time at EDF Trading has been a wonderful learning experience, and I will always be grateful for the opportunities that EDF provided me.
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Overall rating

3.0
Based on 6 reviews
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Ratings by category

2.8Work/Life Balance
2.2Salary/Benefits
2.2Job Security/Advancement
2.6Management
2.4Culture