Non-Ferrous Settlement Analyst

Alter-Trading; Creve Coeur (MO); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision care

Life insurance

PTO

Disability insurance

401(k) match

Job summary

Alter Trading Corporation, a global leader in metal recycling, seeks a detail-oriented Non-Ferrous Settlement Analyst in the St. Louis area.

You will support the trading team with daily administrative tasks, manage the copper position report, and assist in hedging activities while ensuring accurate contract details and strong data integrity. The role emphasizes precise data entry, contract drafting, and proactive communication with internal and external partners.

Qualifications

• Detail-oriented settlement analyst with strong data handling and reporting skills.
• Experience supporting trading teams with daily administrative tasks and data processing.
• Ability to apply pricing formulas, perform weight conversions, and monitor hedging processes.

Responsibilities

• Trade Administration & Position Management: organize market trade details and draft accurate contracts; guide shipments to admin team; maintain and reconcile the Copper Position Report; support hedging activities.
• Quality Claims & Conflict Resolution: review domestic/export quality claims; calculate claim values using contract pricing; monitor rejections and communicate details to yards or suppliers; negotiate claims professionally.
• Data Analysis & Reporting: generate reports from settlements; analyze data to identify trends; respond to real-time updates to maintain operations.

Skills

Analytical Thinking

Attention to Detail

Communication

Adaptability

Mathematical Aptitude

Technical Proficiency

Microsoft Excel

Tools

Microsoft Excel

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Non-Ferrous Settlement Analyst

Full Time Admin Non Ferrous, St. Louis, MO, US

3 days ago Requisition ID: 2083

Founded in 1898, Alter Trading Corporation is a worldwide leader in metal recycling for over 126 years. Alter Trading Corporation offers competitive salary and benefits to include medical, dental, vision, company-paid life insurance, supplemental life insurance, a generous Paid-Time Off Policy, company paid Short- and Long-Term Disability as well as a generous 401(k) match. Come join our team!

Role Overview

The Non-Ferrous Trading Team is seeking a detail-oriented Settlement Analyst to join our fast-paced operations. The team is responsible for managing all non-ferrous business, ensuring that sales and purchasing details are effectively communicated and processed downstream. In this role, you will support the trading team through daily administrative tasks, ensure seamless logistical coordination, and provide critical analytical support.

Key Responsibilities

Trade Administration & Position Management

• Organize specific market trade details to prepare accurate written commercial contracts.
• Provide clear, detailed instructions regarding contracts and shipments to the non-ferrous administration team.
• Maintain the Copper Position Report through precise manual entry of trading data.
• Execute position reconciliation, showing a deep understanding of the position report beyond basic data entry.
• Develop a strong understanding of the hedging process to actively support the hedge team.

Quality Claims & Conflict Resolution

• Review and manage both domestic and export quality claims.
• Calculate claim values accurately by applying contract pricing formulas.
• Monitor for rejected materials and evaluate options to determine the best course of action after a rejection occurs.
• Effectively and professionally communicate claim details to internal yards or external suppliers. Communication is largely email based however, some verbal communication may be appropriate at times.
• Negotiate claims with export customers and domestic suppliers in a professional, diplomatic manner.

Data Analysis & Reporting

• Generate reports and analyze data from domestic and export settlements to identify key trends.
• Monitor communications and respond to real-time email updates to ensure operational continuity.

Core Competencies & Skills

• Analytical Thinking: Strong analytical and problem-solving skills with a history of successful multitasking under tight deadlines.
• Attention to Detail: High level of precision in data entry, contract drafting, and position reconciliation.
• Communication: Exceptional verbal and written communication skills, with the ability to explain complex matters in an easy-to-understand manner to both internal and external parties.
• Adaptability: Comfortable navigating a fast-paced environment and highly adaptable to new situations as they arise.
• Mathematical Aptitude: Ability to manipulate general pricing formulas to solve for missing information (i.e., solving for "X"). Must be comfortable applying simple mathematical concepts to calculate weight conversions (e.g., pounds to metric tons), market spreads, and discount/recovery deductions based on metal purity or contamination.
• Technical Proficiency: Proficient in Microsoft Excel and comfortable managing high-volume data.