Junior Operations Analyst: Trade Settlements

Freepoint Commodities; Stamford (CT); On-site; USD 55,000 - 75,000; Full time

Job summary

Freepoint Commodities in Stamford, CT, is seeking a detail-oriented recent graduate to support end-to-end invoice settlement for physical and financial gas and power trades, ensuring accurate cash exchanges for trading activities.

You will reconcile invoices, collaborate with Credit and Accounting to manage aging and cash flows, and assist in broker confirmations and trade capture validation. This role is fully onsite with occasional remote day in future.

Qualifications

• Bachelor’s degree in Economics or Finance required.
• 0-1 year of professional experience.
• Strong discipline and a results-oriented work ethic.
• Excellent verbal and written communication to coordinate with cross-functional teams.
• Ability to build rapport and trust with colleagues.
• Organized and detail oriented.
• Flexibility to work non-standard or extended hours.
• Onsite role with potential to work remotely one day per week in the future.

Responsibilities

• Primarily responsible for the end-to-end invoice settlement of physical and financial natural gas and power transactions, ensuring the accurate and timely exchange of cash for the firm's trading activities.
• Executing complex reconciliations of physical and financial invoices, auditing volume actuals against pipeline data, counterparty data, and ISO data.
• Collaborating extensively with the Credit and Accounting teams to manage counterparty aging and substantiate cash flows.
• Managing the broker confirmation process by reconciling daily recaps across business lines and resolving all price or volume breaks with traders by the end of the trade date.
• Ensuring internal trade capture systems mirror positions held at exchange clearinghouses and monitoring Exchange APIs to troubleshoot automated trade entries.
• Serving as a critical link between the Front Office, IT, and external partners.
• Complete other ad-hoc projects as needed.

Skills

Detail-oriented

Communication skills

Team collaboration

Excel proficiency

Education

Bachelor's degree in Economics or Finance

Tools

Microsoft Excel

Job description

Freepoint Commodities in Stamford, CT, is seeking a detail-oriented recent graduate to support end-to-end invoice settlement for physical and financial gas and power trades, ensuring accurate cash exchanges for trading activities.

You will reconcile invoices, collaborate with Credit and Accounting to manage aging and cash flows, and assist in broker confirmations and trade capture validation. This role is fully onsite with occasional remote day in future.