At a Glance
- Tasks: Manage trade settlements and ensure accurate reconciliation across global commodities.
- Company: Join a leading global energy and commodity trading group with a dynamic culture.
- Benefits: Competitive salary, career growth, and opportunities to innovate in settlement processes.
- Why this job: Be part of a fast-paced industry and make a real impact on global trading operations.
- Qualifications: Experience in commodities settlements and strong analytical skills required.
- Other info: Collaborative environment with opportunities for process improvement and cross-training.
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.
Job Description:
- 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 in London employer: Richard James Recruitment
Contact Detail:
Richard James Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Settlements Analyst in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively. Remember, confidence is key, so believe in yourself!
✨Follow Up
After an interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. We suggest mentioning something specific from the interview to make it personal and memorable.
✨Apply Through Our Website
When you find a role that excites you, apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate individuals to join our team, so don’t hesitate to put yourself out there!
We think you need these skills to ace Senior Settlements Analyst in 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, like your proficiency in Microsoft Excel or knowledge of OTC trade lifecycles. We want to see how you fit into our world!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention any process improvement initiatives you've led – we love that kind of initiative!
Showcase Your Analytical Skills: Since this role involves handling large datasets, make sure to highlight your analytical capabilities. Share examples of how you've used data to resolve discrepancies or improve processes in your previous roles. We’re all about efficiency and accuracy!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Richard James Recruitment
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities, especially UK & European Power and Gas, LNG, and Oil Derivatives. Being able to discuss these topics confidently will show that you're not just familiar with the role but also passionate about the industry.
✨Master the Settlement Lifecycle
Familiarise yourself with the full settlement lifecycle, from reconciliation to invoicing and payment processing. Be prepared to discuss how you've managed these processes in the past and any challenges you've faced, along with how you resolved them.
✨Showcase Your Analytical Skills
Since the role requires handling large datasets, be ready to demonstrate your analytical capabilities. Bring examples of how you've used Excel or other tools to analyse data effectively, and if you have experience with VBA or Python, don’t hesitate to mention it!
✨Communicate Clearly
Effective communication is key in this role, especially when liaising with external counterparties. Practice articulating your thoughts clearly and concisely, and think of examples where your communication skills helped resolve issues or improve processes.