Settlements Analyst

Centrica; City Of London; On-site; GBP 30,000 - 45,000; Full time

Job summary

An innovative energy company in the City of London is seeking a Settlements Analyst for a 12-month fixed-term contract. You will manage invoice creation and settlement activities for various products, ensuring accuracy and timely processing. The ideal candidate is detail-oriented, proactive, and skilled in problem-solving. Join a team focusing on sustainability and positive impact while enjoying flexible work-life rewards.

Qualifications

• Proactive in identifying and driving improvements in processes and systems.
• Ability to work under pressure to meet deadlines.
• Highly organized and numerate.

Responsibilities

• Settlement of physical OTC trades, swaps, and options.
• Creation and issue of invoices for all products.
• Managing the resolution of operational issues.
• Contributing to process efficiency and performance improvements.

Skills

Knowledge of settlement activities

Analytical and problem-solving skills

Strong communication skills

Attention to detail

Job description

We have an exciting opportunity for a Settlements Analyst to join our Settlement Operations department on a 12‑month fixed‑term contract. The Settlement Operations team is a crucial function within Centrica Energy, accountable for the back end of the trade life cycle – invoicing and settlement – to support the business’s growth targets while ensuring effective processes and controls are in place to mitigate operational risk and loss.

In this role, you will be responsible for the creation and dispatch of trading invoices, as well as the receipt, validation and processing of invoices for both vanilla and complex products. You will learn Centrica Energy’s ETRM and banking systems quickly, optimise processes, and work in a high‑volume, automated, process‑driven environment where speed and accuracy are imperative.

Responsibilities

• Settlement of physical OTC trades, swaps and options, and renewable certificate transactions
• Accurate and timely creation and issue of invoices for all products; validation of invoices and payments within contractual timelines
• Processing netting statements for physical and financial settlements
• Ensuring funds are received and paid on time
• Accurate input into the cash for Group Treasury
• Managing the resolution of operational issues and queries from internal and external parties
• Supporting management in day‑to‑day monitoring of workflows, queues and tasks
• Assisting in the training and development of other team members
• Contributing to continuous improvement initiatives to drive efficiency and performance (e.g., system enhancements and automation)

Qualifications

• Knowledge of settlement activities, the trade life cycle and trading systems
• Proactive in identifying and driving improvements in processes, systems and controls
• Numerate, highly organised, with an excellent attention to detail
• Strong analytical and problem‑solving skills, with the ability to think and act independently
• Ability to communicate effectively, stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential

We’re more than an energy company. We’re a family of brands revolutionising how we power the planet. One team of 21,000 colleagues energises a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels whilst living our powerful commitment to igniting positive change in our communities. We do energy differently – we make it, store it, move it, sell it, and mend it.

Centrica Energy (CE) is the trading arm of Centrica. We trade gas, power, LNG and provide the route to market for our upstream and power generation operations. Our priority is supporting all the different realities our people face. Life is about so much more than work. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, ensuring you and your family are supported not only financially, but physically and emotionally too.

If you’re full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non‑negotiable, and your ambitions are our priority.