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- Tasks: Manage trade settlements across commodities, ensuring accuracy and resolving discrepancies.
- Company: Join a leading global energy and commodity trading group with a dynamic culture.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Why this job: Be part of an exciting industry, making impactful decisions in trade settlements.
- Qualifications: Experience in commodities settlements and strong analytical skills required.
- Other info: Opportunity to cross-train across various product lines for a versatile career.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a global energy & commodity trading group and one of the most exciting and commercially driven Commodity Trading houses in the industry! The successful candidate will be responsible for the accurate reconciliation and settlement of trades across a 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.
Responsibilities:
- Perform timely and accurate settlement of trades across 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.
- Crosstrain across different product lines within the global settlement framework to support a flexible and resilient team.
Requirements:
- Strong experience in commodities settlements including at least some experience of UK & European Power and Gas, LNG, Oil Derivatives & Emissions.
- Experience in OTC collateral margining is an advantage.
- An excellent understanding of OTC commodities trade lifecycle.
- 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.
- Operational risk awareness.
- Strong time management and prioritisation 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.
Senior Settlements Analyst - Cross-Commodities in City of London employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Settlements Analyst - Cross-Commodities in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in commodities like Power and Gas. This will help you tailor your answers and show you're genuinely interested.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers, especially when discussing your experience with settlements and reconciliation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Settlements Analyst - Cross-Commodities in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Settlements Analyst role. Highlight your experience in commodities settlements and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Keep it concise but impactful, and don’t forget to mention your experience with trade reconciliation and settlement.
Showcase Your Analytical Skills: Since the role involves handling large datasets, make sure to highlight your analytical capabilities. Share examples of how you've successfully managed data in previous roles, especially in relation to commodities or financial products. We love numbers, so let them speak for you!
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’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities, especially Power, Gas, LNG, and Oil Derivatives. Familiarise yourself with the trade lifecycle and be ready to discuss how you've handled settlements in these areas before.
✨Showcase Your Analytical Skills
Since the role requires handling large datasets, be prepared to demonstrate your analytical capabilities. Bring examples of how you've used Excel or any coding skills like VBA or Python to solve problems or streamline processes in your previous roles.
✨Communication is Key
Highlight your experience in collaborating with various teams and external counterparties. Be ready to share specific instances where your communication skills helped resolve issues or improve settlement processes.
✨Demonstrate Ownership and Initiative
Employers love candidates who take ownership of their work. Prepare to discuss times when you identified a problem in the settlement process and took the initiative to implement a solution or improve controls.
