Settlements Analyst

Hartree Partners; New York (NY); Hybrid; USD 70,000 - 100,000; Full time

Job summary

Hartree Partners is seeking a Settlements Analyst in New York, operating within the Operations area. The role involves verifying trade details, monitoring pricing, and updating trading systems with settlement movements based on supporting documentation.

This is a full-time, hybrid position located in New York, NY. The Settlements team handles invoicing, settlements processing, and cash confirmations, contributing to accurate daily cash flows and issue resolution across OTC and FX settlements as

Qualifications

• Bachelor’s degree in Business, Accounting, or Finance preferred.
• Strong analytical and communication skills.
• Sound decision-making and ability to work with little supervision.

Responsibilities

• Communicate with Schedulers, Traders and Middle Office to ensure accuracy of trade details and resolve discrepancies.
• Process invoices for payment and receipt.
• Check pricing, prepare and send invoices for settlements (provisional and final).
• Ensure correct banking instructions for payments.
• Validate and enter new SSI into Fenergo per approved process.

Skills

Analytical skills

Communication skills

Education

Bachelor's degree in Business/Accounting/Finance

Job description

We have an opportunity for someone to join us as a Settlements Analyst for the New York office. This position is responsible for verifying the trade details, monitoring pricing, and updating our various trading systems with actual movement details based on receipt of supporting documentation.

Position Title: Settlements Analyst

Business area: Operations

Function: Settlements

Location: New York, NY

Position Type: Full-time

Schedule: Hybrid

Business Overview

Hartree Partners, LP is a leading global merchant commodities firm facilitating the flow of energy, metals, agriculture, and environmental products across the full commodity supply chain, connecting producers and consumers. Hartree was founded in 1997, is jointly owned by senior management and funds managed by Oaktree Capital Management, LP, and employs over 5,000 individuals worldwide.

Hartree is uniquely positioned to capitalize on opportunities across a diversified set of commodities businesses with focus on trading, asset investments, risk management and advisory services. These businesses are supported by a centralized operating model including risk, technology, operations, finance, HR, legal and compliance, ensuring strong governance and effective execution.

Job Responsibilities

• Communicate with Schedulers, Traders and Middle Office to ascertain correctness of trade details, timing of product movement, and resolution of trade discrepancies.
• Process invoices for payment and receipt.
• Check pricing, prepare and send invoices for provisional and final settlements.
• Ensure correct banking instructions are applied to payments.
• Validate and enter new SSI into Fenergo with accordance to the approved process.
• Create and submit the settlement packets for payment and forecast.
• Contact counterparts to obtain confirmation of daily cash receipts
• Follow up on cash fails.
• OTC settlement analysis, preparation of invoices and credit notes; confirmation of settlements
• Process FX Settlements, when required
• Special projects upon request by management

Requirements

• Bachelor’s degree in Business, Accounting, or Finance degree highly preferred
• Strong analytical and communication skills
• Sound decision-making skills and the ability to work with little supervision