Commodity Settlements Analyst - Energy

Recruiter
Connect Executive Resourcing Limited
Location
London
Salary
£35,000 - £45,000 dependent on experience
Posted
15 Feb 2017
Closes
15 Mar 2017
Sector
Engineering
Contract Type
Permanent
Hours
Full Time
A large energy business in central London has a fantastic opportunity for an experienced analyst to join their growing team. The successful candidate will have knowledge of the energy commodity settlement processes, a strong work ethic and the ability to deal efficiently with a range of queries from both external & internal customers.

Key responsibilities will include:

- Invoicing all standard physical OTC trades within contractual timelines.
- Invoicing of all swaps and options, and also non-standard products on an ad-hoc basis as required.
- Verification of inbound counterparty invoices and netting statements.
- Process netting statements for physical and financial OTC settlements.
- Investigate price differences and liaise with appropriate front office/IT support staff to resolve.
- Follow up on invoicing differences with counterparts in line with established procedures.
- Liaise with relevant Back Office teams with regard to late & misallocated payments from counterparts.
- Brokerage and FX Settlement.
- Support the management in developing long term IT and procedural solutions to increase efficiency and to mitigate operational risk in the invoice and netting process.

Ideal qualifications, skillsets and experience:

- Strong academic background with numerical/technical degree
- Experience working in a similar role for a UK energy trading house/supplier
- Knowledge of the settlement of physical commodities
- A confident demeanour and desire to progressinto a management role
- Extensive experience with Excel (Inc. pivot tables and v-look ups)
- Excellent communication skills both verbal and written

If you have the relevant energy background or career experience skill sets, and would like to know more about the above opportunity, then please apply now.

Due to the amount of applications we receive on a daily basis unfortunately we are only able to respond to the successfully shortlisted candidates. If you have not heard from us within 3-5 days of applying for this position, your application was not successful on this occasion. We may however be able to contact you with a more relevant position at a later date.