Gas and Power Settlements Team Leader recruitment
The position is responsible for supporting the Settlements Manager in providing an exceptional support service to the rest of the business.
The role is an excellent opportunity for a talented and motivated individual to build on their management skills and would be looking after an already accomplished team of four.
Daily Responsibilities:
- Leading and managing a small sub team within the Settlements department ensuring the timely settlement of gas and power physical products, from issuing of confirmations to invoicing of these trades across the product range.
- Working closely with Front Office representatives for these products, supporting and initiating improvements to the trading systems and work flow processes within Settlements, Finance and across FO to Settlements, to implementation and extension of these suggestions in order to support the expansion of the company’s geographic and product reach.
- Liaising and working with the Settlements Manager and Transformation teams to develop Settlements capability within the trading systems proactively.
- Supporting and developing members of the team in their growth and development.
- Gas and Power confirmations, invoicing and reporting
- Ensuring the team actively manages the issue of timely and accurate confirmations to counterparties and investigating and resolving discrepancies;
- Monitoring the number of outstanding confirmations to ensure that risk is minimised;
- Ensuring the team issues invoices for the various commodities and products according to the specific contractual terms by generating sales and shadow invoices, including detailed back up;
- Ensuring all processes, procedures and controls are constantly reviewed, documented and updated.
- Responsibility for the recruitment, development, motivation and performance of the team
- Working with the Settlements Manager and other Lead Analysts to ensure the Settlements team is efficiently trained across a range of products;
Skills /Responibilities Required:
- Degree level education or equivalent work experience in a trading environment.
- In depth knowledge of the European power and gas physical markets.
- Good working knowledge of trading systems.
- Fluent in English with excellent written and verbal communication.
- Proven experience in an energy trading environment.
- Experienced in confirmations and invoicing processes for energy and related products.
- Exposure to new systems implementation and systems development.
- Experience of managing a small team.
December 8, 2011
• Tags: Commodities careers in the UK, Gas and Power Settlements Team Leader recruitment • Posted in: Financial