At a Glance
- Tasks: Manage trade settlements and ensure accurate reconciliation across Mercuria’s global portfolio.
- Company: Join Mercuria, a leading independent energy and commodity group driving the energy transition.
- Benefits: Full-time role with competitive salary and opportunities for professional growth.
- Why this job: Be part of a team making a real impact on sustainable energy solutions.
- Qualifications: Strong attention to detail, analytical skills, and proficiency in Excel required.
- Other info: Dynamic work environment in London with opportunities for process improvement and cross-training.
The predicted salary is between 48000 - 72000 £ per year.
Mercuria is one of the world’s leading independent energy and commodity groups. Our purpose is to connect markets and to advance the energy transition. We bring markets together to support the world’s energy needs of today by trading, structuring finance, and investing into strategic assets, whilst generating over $170 billion in turnover. We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow.
This role sits within EMEA Financial Operations. The successful candidate will be responsible for the accurate reconciliation and settlement of trades across Mercuria’s global portfolio, with a particular focus on Power, Gas, LNG, Metals, Derivatives and Power Purchase Agreements (PPAs). The role encompasses the full settlement lifecycle, including reconciliation of trade data, confirmation, invoicing, payment processing, and issue resolution with counterparties.
Job Description
- Perform timely and accurate settlement of trades across Mercuria’s full product portfolios.
- Ensure reconciliation of trade details between counterparties and internal systems, resolving discrepancies promptly.
- Manage the full settlement lifecycle, including confirmation, invoicing, cash flow allocation, and payment processing.
- Collaborate closely with internal teams such as Middle Office, Traders, Accounting, Controllers, IT, and other Operations units to ensure seamless settlement operations.
- Support daily settlement activities across commodities, FX, interest rate swaps, asset loans, and other financial/physical products.
- Provide clear and consistent communication with external counterparties to resolve settlement queries efficiently.
- Deliver regular updates to management on settlement activity, outstanding issues, and key metrics.
- Identify opportunities to strengthen controls, streamline settlement processes, and enhance automation across products.
- Take ownership of process improvement initiatives and contribute to the development of best practices in settlement operations.
- Cross-train across different product lines within Mercuria’s global settlement framework to support a flexible and resilient team.
Requirements
- Strong attention to detail and accuracy.
- Proficient in handling and analysing large datasets.
- Demonstrates ownership and commitment to seeing issues through to resolution.
- Ability to meet tight deadlines and manage multiple priorities.
- Self-motivated and able to work both independently and as part of a team.
- Strong time management, and prioritization skills.
- Excellent numerical and analytical capabilities.
- Proficiency in Microsoft Excel.
Advantageous
- Experience with ICTS or other commodity risk systems.
- VBA or Python coding knowledge is a plus.
Location: London, England, United Kingdom
Senior Settlements Analyst in England employer: Mercuria
Contact Detail:
Mercuria Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Settlements Analyst in England
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching Mercuria and understanding their role in the energy transition. Be ready to discuss how your skills in settlements and data analysis can contribute to their mission.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to trade reconciliation and issue resolution. We want you to feel confident and articulate when discussing your experience!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the team at Mercuria.
We think you need these skills to ace Senior Settlements Analyst in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Settlements Analyst role. Highlight your experience with trade reconciliation, settlement processes, and any relevant analytical skills. We want to see how your background aligns with what we do at Mercuria!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how you can contribute to our mission. Be sure to mention any specific experiences that relate to the job description.
Show Off Your Analytical Skills: Since this role involves handling large datasets, make sure to showcase your analytical capabilities. Mention any tools or software you’re proficient in, like Excel, and provide examples of how you've used data to solve problems in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Mercuria
✨Know Your Numbers
As a Senior Settlements Analyst, you'll be dealing with large datasets and financial figures. Brush up on your numerical skills and be prepared to discuss how you've handled data in previous roles. Practise explaining complex data in simple terms, as this will show your analytical capabilities.
✨Understand the Settlement Lifecycle
Make sure you have a solid grasp of the full settlement lifecycle, from trade reconciliation to payment processing. Be ready to share examples of how you've managed these processes in the past, and think about any challenges you've faced and how you resolved them.
✨Collaboration is Key
This role requires close collaboration with various teams. Prepare to discuss your experience working with different departments like Middle Office or Accounting. Highlight any successful projects where teamwork was essential, and be ready to explain how you communicate effectively with external counterparties.
✨Show Your Problem-Solving Skills
Mercuria values ownership and commitment to resolving issues. Think of specific instances where you've identified problems in settlement processes and implemented solutions. Be prepared to discuss how you approach process improvements and any tools or methods you've used to enhance efficiency.