3rd party Settlements Lead

We are an organisation, which brings together a world-class trading team comprising the trading activities in the Oil, Gas and Power, Chemicals, Finance and Shipping markets. The organisation has a distinct capability through its people, their skills and know-how, risk management approach, systems and control processes. It creates value for group by combining those capabilities with the dynamic and material asset base of group. It is a global business with key locations in North America, Europe, Middle East, Africa, Asia and Australasia.

The post is within the Global Central Services Settlements team which supports Oil Commercial Refining Trading (including a Refinery) and Gas Power businesses as part of the Gas, Renewables Supply and Trading organisation.

The 3rd Party Settlements Team Leader will run a team of 8 Settlement Analysts responsible for Oil Product and Crude Settlements (Oil, Swaps Ancillaries) within Central Services.

You will:

- Lead a team of OA Settlement Analysts within Central Services (based in London) mainly to ensure that processes are working efficiently and are accounted for correctly. (including HR responsibilities, appraisals and prioritising workloads)

- Apply innovative techniques to existing process in order to improve efficiency and/or increase assurance. Seek ways to optimise systems and ensure that systems and processes are adequately documented.

- Maintain and promote world class control that is a key support for our internal external relationships, especially with regulators.

- Maintain good relationships through an open understanding of the needs of our key internal external partners eg. OA Regional Settlements Team, Pricing Analysts, Front Office, Third Party suppliers or customers in trading or marketing sectors, Accounts and Product Control.

- Ensure trade completion and Finance relationships are maintained to the current high standard.

- Ensure that the key SOX/CET control points are met and signed off.

- Regularly review controls and if necessary implement process to reduce risk(s).

- Be involved with/run projects.

- Ad hoc involvement with new business requests and requirements.

- Be proactive in implementing continues improvement plans and motivating staff members to do the same.

Key requirements are:

- Understanding of Financial Operations and Deal Lifecycle.

- Ability to deliver to tight deadlines, prioritise and cope with ambiguity and uncertainty.

- Team management skills and leadership capability.

- Excel skills.

- Time management skills (the role has day-to-day operational as well as managerial planning elements).

- Part qualified in CIMA/ACCA or equivalent.

- SAP Experience.

- Previous Team Lead experience.

July 3, 2013 • Tags:  • Posted in: Financial

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