Senior Trading Operations & Settlements Leader

ADP, Inc.; BLOOMINGTON (MN); On-site; USD 130,000 - 155,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Tuition assistance

EAP & wellness resources

Pet insurance

Job summary

Geronimo Power seeks a senior Manager of Trading Operations & Settlements to build scalable processes within Accounting, aligning trading, risk management, asset management, and compliance. You will own settlements, invoicing, and close routines, shaping the controls and reporting for a growing desk.

The role requires deep experience in energy markets, strong Excel and analytics, and a track record of delivering reliable P&L support and governance.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business, Energy Management, or related field.
• 7+ years of experience in energy trading operations, market settlements, energy accounting, regulatory reporting, commodity operations, or related commercial support functions.
• Experience improving processes in a trading, asset management, commodity, or energy operations environment.

Responsibilities

• Build and lead the Trading Operations & Settlement function within Accounting, creating the processes, controls, documentation, and reporting routines needed to support a growing trading desk.
• Improve current‑state handoffs between Trading, Risk Management, Asset Management, Accounting, and Compliance by defining clear workflows, ownership, escalation paths, and close timelines.
• Lead shadow settlements, invoice validation, dispute management, billing support, and payment coordination to ensure trading activity is settled and allocated accurately for the month‑end close.
• Own the monthly true‑up to daily P&L reported by Risk Management and ensure variances, exceptions, and adjustments are documented and escalated appropriately.
• Partner with Accounting on accruals, cash forecasting, collateral calls, liquidity planning, audit support, and other financial reporting requirements related to trading activity.
• Support counterparty credit and collateral management processes, including exposure tracking, collateral requirements, credit support documentation, margin/collateral call coordination, and escalation of material exposure or liquidity changes.
• Manage REC registry and environmental product activities, including certificate transfers, retirements, reconciliations, inventory tracking, and related billing or settlement requirements.
• Serve as a key business owner for ETRM workflows and future system enhancements, helping further automate billing and settlement activities, trade capture controls, credit and collateral workflows, environmental product tracking, and allocation of P&L.
• Establish procedures, metrics, and governance routines for settlement operations, billing processes, exception management, internal controls, registry activity, and management reporting.
• Prepare recurring management‑ready reporting on settlement status, billing completeness, open disputes, exposure/collateral items, registry activity, close deadlines, and key operational risks.
• Support internal control readiness, audit requests, documentation standards, and process improvement initiatives connected to trading activity and month‑end close.

Skills

ISO/RTO market settlements

ETRM systems

Settlement processes

Analytical skills

Excel & reporting

Education

Bachelor’s degree in Accounting, Finance, Economics, Business, Energy Management, or related field

Tools

OATI

Allegro

Hitachi

PCI

Job description

Geronimo Power seeks a senior Manager of Trading Operations & Settlements to build scalable processes within Accounting, aligning trading, risk management, asset management, and compliance. You will own settlements, invoicing, and close routines, shaping the controls and reporting for a growing desk.

The role requires deep experience in energy markets, strong Excel and analytics, and a track record of delivering reliable P&L support and governance.