Settlements Analyst

TN United Kingdom; London; On-site; GBP 35,000 - 60,000; Full time

Job summary

An ambitious company in the energy sector is seeking a motivated individual to join their Settlements Team. This role offers a unique opportunity to support the Lead Settlements Analyst and gain exposure to a diverse range of energy products. You'll work closely with various departments to ensure timely settlements and improve processes, all while fostering relationships across the organization. If you're looking to develop your skills in a dynamic environment where your contributions can shape the future, this position is perfect for you.

Qualifications

• Ability to work well in a small but growing team.
• Diligent and dependable with strong execution skills.

Responsibilities

• Support the Lead Settlements Analyst in providing settlements service.
• Ensure timely settlement of products like Physical Gas and Power.
• Maintain relationships with counterparties and resolve disputes.

Skills

Fluent in English

Knowledge of trading systems

Organisational skills

Communication skills

Attention to detail

Job description

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Our client is one of the world’s leading Energy & Commodity Trading businesses with a successful history of growth. Their distinct culture thrives on values, giving them a strong base and passion to succeed as a team. Employees enjoy an environment that allows them to develop their skills, knowledge and experience giving them every opportunity to have successful careers. New ideas and initiatives are encouraged as it is widely believed that inspired individuals can make a difference and help shape the future of the business.

This position is responsible for supporting the Lead Settlements Analyst in providing a world-class settlements service to the business. The role will provide an excellent opportunity for a talented and motivated individual to gain exposure across a very wide range of energy products and to work in an ambitious company which is the main trading arm of the world’s largest gas producer.

• Working within the Settlements Team, within Trading Operations Department ensuring the timely settlement of a variety of products such as Physical Gas, Power, Environmental Products, Green Certificate, Derivative and FX Settlements
• Working closely with Front Office representatives for these products, supporting and initiating improvements to the trading systems and workflow processes within Settlements, Finance and across FO to Settlements
• Liaison with various teams within the organisation from Risk Management, Legal, IT, Finance, Treasury and Credit teams to ensure integrity of data within the trading system to accurate reporting within defined timescales
• Supporting the trading desk in counterparty relationships and in ensuring quality information flows across the business and taking action to resolve any disputes
• Maintaining excellent working relationships with counterparties and other teams within the organisation
• Production of invoices for the various commodities and products according to the specific contractual terms by generating sales and pro-forma purchase invoices, including detailed backup
• Provide daily, weekly, and monthly reports and relevant commentary to Management.
• Constantly review and provide ideas for improving processes across the team to streamline and automate current processes.

REQUIREMENTS

• Ensuring all processes and procedures are constantly reviewed, documented, and updated.
• A working knowledge of trading systems
• Fluent in English with excellent written and verbal communication
• Concern for accuracy and ability to meet tight deadlines
• Diligent and dependable
• Good organisational and execution skills
• Ability to work well in a small but growing team
• Able to work as part of a team as well as an individually
• Able to work effectively cross-functionally with all areas of the business
• Dedication to review and improvement of existing processes
• Commercially astute with the ability to develop and understand issues