Power Market Operations & Settlements Analyst

Glencore; New York (NY); On-site; USD 95,000 - 125,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Glencore in New York seeks a Power Market Operations & Settlements Analyst to manage ISO settlements, validate schedules, and reconcile volumes and prices. You will coordinate with ISO, counterparties, and internal teams, and provide weekend coverage as needed to support business needs.

The role offers growth as processes and tools evolve with market expansion. The position requires hands-on experience with ISO settlement statements, ETRM systems, and knowledge of US power markets.

Qualifications

• Strong understanding of US power markets, focusing on ISO settlement processes.
• Hands-on experience with ISO portals, settlement statements and reconciliation.
• Experience with ETRM systems.

Responsibilities

• Act as primary contact for ISO operational activities, validation of schedules and volumes.
• Perform daily, weekly reconciliation of ISO settlements including prices and charges.
• Resolve settlement discrepancies and support resettlements with ISO and counterparties.
• Maintain audit-ready documentation and controls across settlement processes.

Skills

US power markets knowledge

ISO settlement processes

ETRM systems

Tools

ISO portals

Adapt2

PCI

OATI

Job description

Power Market Operations & Settlements Analyst (New York, NY)

Act as primary point of contact for ISO operational activities, with a focus on settlement validation, reconciliation, and issue resolution.

Validate submitted schedules and confirmed volumes, ensuring consistency with executed trades.

Provide weekend coverage as needed for scheduling-related activities to support business and operational requirements.

Perform daily, weekly, and ad‑hoc reconciliation of ISO settlements, including validation of:

• Volumes (forecast vs actual vs scheduled)
• Prices (RT/DAM components, imbalance charges)
• Settlement charges and adjustments

Ensure alignment between ISO data and ETRM:

• Update actual quantities
• Reconcile positions and settlement outputs

Support daily/weekly ISO settlement cycles and payment readiness.

Investigate and resolve settlement discrepancies and resettlements in coordination with ISO, counterparties, and internal teams.

Maintain audit‑ready documentation and controls across settlement and reconciliation processes.

Support gradual improvement of processes, tools, and automation initiatives (ETRM / Bid-to-Bill / ISO integration).

Over time, the role is expected to evolve alongside business expansion, with potential exposure to broader power operations and scheduling activities.

Requirements

• Strong understanding of US power markets, with emphasis on ISO settlement processes.
• Hands‑on experience with ISO portals and settlement statements and reconciliation.
• Experience working with ETRM systems.

Preferred

• Experience in ERCOT (strongly preferred); PJM/MISO a plus.
• Exposure to ISO Virtual Transactions and Congestion Products.
• Experience with TriplePoint CXL is a plus.
• Familiarity with bid-to-bill tools (Adapt2, PCI, OATI, etc.).
• Understanding of power scheduling workflows and concepts (volume confirmations, e‑tagging).
• Exposure to collateral / credit monitoring in ISOs.
• Experience with FERC and EIA reporting requirements.

Compensation

The expected base salary ranges from $95 K to $125 K. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.