Our client, a well-established and financially strong international energy trading company with a growing presence in the US market is seeking a talented Energy Commodities Operations Analyst to join their expanding Middle Office Operations team in New York, NY.
Main Responsibilities
- Daily OTC transaction lifecycle support: Confirmation (paper/eConfirm), invoicing, settlement, ISO positions, Load Supply, Power Scheduling liaison, regulatory reporting, futures reconciliation
- Providing Operations requirements for, testing, and implementing new products and trading system enhancements
- Review and approval of complex transactions
- Set up and maintain Reference Data and fees for counterparties, exchanges, FCMs, brokers
- Support transaction surveillance processes
- Assist the front office with KYC requirements
Education and Professional Experience
- Minimum of a Bachelor's degree; preferably in a related area of study.
- Minimum of 2-5 years+ of work experience within the Operations and/or Middle Office team at a trading and sales business within in the Commodities Services Industry (Energy preferred)
Key Professional Areas of Expertise:
- Knowledge of physical and financial commodities markets
- Knowledge of physical/financial power, natural gas, and renewable (RECs) products traded (Futures, Forwards, Swaps, Options, Load, FTRs)
- Experience in trade confirmations, invoicing/settlements, Transactional Regulatory Reporting, ISO invoice reconciliations
- Experience in testing trading system rollouts and enhancements