Senior Settlements Analyst

EP UK Investments Ltd; Leeds; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

EP UK Investments Ltd is recruiting a Senior Settlements Analyst to lead the GB Settlements operation, ensuring accurate and timely settlement across electricity, gas, carbon, and related activities. The role combines hands-on BAU work with senior ownership, coaching, and project delivery.

You will work with Trading, Commercial Finance and external resources, owning key settlement calculations and controls, while supporting new commercial arrangements and automation initiatives.

Qualifications

• Hands-on experience in settlements, trading operations or similar control environment.
• Experience owning complex operational processes, calculations and controls.
• Experience with reconciliations, invoicing and resolving discrepancies.
• Proven coaching and leadership of a small team; strong stakeholder management.
• Experience delivering process improvements and projects.

Responsibilities

• Lead day-to-day GB Settlements operation, prioritise workload and escalation.
• Deliver core BAU settlement activity including trade checks, confirmations and month-end processes.
• Own settlement calculations, controls and exception reviews across electricity, gas, carbon, and BESS.
• Investigate discrepancies and coordinate with internal teams and counterparties.
• Lead on GB Trading credit and collateral activities for existing and new counterparties.
• Oversee settlement implementation for new trading structures and arrangements.
• Utilise ETRM system for GB Settlements, ensure accurate positions and downstream processing.
• Coach and develop the GB Settlements Analyst with documentation of processes.
• Work with data and development resources to define rules, controls and automation.
• Drive continuous improvement in settlement processes and reporting.
• Maintain stakeholder and counterparty relationships and support regulatory reporting.

Skills

Settlements operations

Team leadership

Stakeholder management

Financial controls

Data analysis

Excel

SQL

Python

Attention to detail

Education

Degree

Tools

ETRM system

Elexon

Invoicing systems

Reporting tools

Job description

Senior Settlements Analyst

Department: Finance

Employment Type: Permanent - Full Time

Location: Leeds Office, United Kingdom

Description

TTEP UK & Ireland Investments are recruiting a Senior Settlements Analyst to lead the day-to-day operation of GB Settlements, combining hands-on delivery of BAU settlement activities with senior operational ownership, coaching and project delivery.

The role will ensure the accurate and timely settlement of TTEP's GB activities across electricity, gas, carbon, Energy Management, tolling arrangements, Battery Energy Storage Systems (BESS) and ancillary services, acting as the key point of escalation for operational settlement matters.

Working closely with Trading, Commercial Finance and internal and external technical development resources, the role will own key settlement processes, calculations and controls; support credit activities; and provide the subject-matter expertise needed to implement new commercial arrangements and continually improve and automate settlement processes.

This role is based at our Thorpe Park office in Leeds on a hybrid basis, with three days per week in the office. Regular travel to our London office will also be required.

Key Responsibilities

Reporting to the Senior Commercial Finance Officer, the key duties and responsibilities will include, but are not limited to:

• Leading the day-to-day GB Settlements operation, prioritising workload, overseeing delivery and acting as the first point of escalation for the GB Settlements Analyst, Finance, Trading and external counterparties.
• Delivering core BAU settlement activity, including trade checks, confirmations, reconciliations, invoicing and month-end processes within required deadlines.
• Acting as the GB Settlements subject-matter lead, developing strong BSC/Elexon expertise and owning key settlement calculations, controls and exception reviews across electricity, gas, carbon, BESS and ancillary services.
• Investigating settlement discrepancies and reconciling items, working with internal teams, counterparties and market operators to resolve or challenge issues promptly.
• Lead on GB Trading credit and collateral activities, including monitoring exposure, postings and requirements for existing and new counterparties.
• Leading settlement implementation for new trading structures and commercial arrangements, including Energy Management, tolling, BESS and intercompany relationships.
• Own the operational use of the ETRM system within GB Settlements, ensuring traded positions are accurately captured, validated and reflected in downstream settlement and notification processes, including Elexon notifications. Work closely with Trading and technical support resources to resolve data or workflow issues and improve associated controls.
• Coaching and developing the GB Settlements Analyst, ensuring knowledge transfer, cross-training and clear documentation of key processes and controls.
• Working closely with internal and external data, systems and development resources to define business rules, calculations, controls and exceptions, and to test and embed automated settlement processes and analytical tools.
• Driving continuous improvement in settlement processes, controls and reporting, taking ownership of projects from design through to implementation.
• Maintaining effective stakeholder and counterparty relationships and supporting relevant regulatory reporting, market registrations and compliance activities.

Skills, Knowledge and Expertise

Knowledge & Experience

• Significant hands-on experience in settlements, trading operations, middle office or a similar process/control environment (essential).
• Experience owning complex operational processes, calculations and controls (essential).
• Experience of reconciliations, invoicing and investigating discrepancies through to resolution (essential).
• Experience providing coaching, day-to-day leadership or acting as a senior subject-matter expert (essential).
• Experience delivering process improvement, change or operational projects (essential).
• Strong stakeholder and counterparty management experience (essential).
• Strong working knowledge of GB energy markets and settlement or trading operations processes (desirable).
• Knowledge of the BSC/Elexon settlement framework, with the ability to develop and maintain subject-matter expertise (desirable).
• Knowledge of BESS and ancillary services, gas/carbon, Energy Management/tolling and credit/collateral (desirable).

Skills & Behaviours

• Strong numerical, analytical and problem-solving skills (essential).
• Able to combine hands-on BAU delivery with day-to-day leadership of a small team (essential).
• Strong communication and stakeholder-management skills (essential).
• Proactive, organised and able to deliver accurately to tight deadlines (essential).
• Strong Excel skills and comfortable working with data; SQL, Python or BI experience (desirable).
• Able to take ownership of process improvement and project delivery (essential).

Qualifications

• Degree or equivalent experience, preferably in a business, numerate or technical discipline (essential).