Trade Control Analyst - 12 Month FTC
Role:
The Trade Control Analyst performs a control function in ensuring the integrity of the Energy Risk Management System “ETRM” by the timely and accurate validation of transactions. Ensure that robust controls and procedures exist across the department to mitigate issues and risks
How will I spend my time in this role:
- Support Trade Control Team with its objectives in delivering strategic projects such as new products
- Ensuring trades are validated, investigating and resolving discrepancies and escalating issues appropriately
- Work with traders and support functions to make any trade amendments that may be required, ensuring all amendments are reviewed and authorised
- Support automation efforts by driving greater use of systems within the Trade Control team and fully support the implementation of relevant controls directly into the trade capture systems
- Manage static and reference data in the ETRM
- Drive greater accuracy by developing trade exception reports in the ETRM system and provide oversight and ownership to any exceptions
- Ensure trade confirmations are sent in a timely manner (D+1), matched timely via eCM (Electronic Confirm Matching) and chased regularly to ensure compliance with the agreed departmental KPI
- Ensure EMIR/REMIT reporting requirements are adhered to and perform Trade reconciliation on reported trades to be performed regularly as set out by SEL’s regulatory manual
- Ensure processes can be picked up by a team member by continuously reviewing and updating processes for the validation of trades, end of day check reports and daily processes
- Monitor the inbox and respond to customer queries promptly and support the wider business on operational activities
What skills/experience do I need to be successful?
- Experience in a middle office/back office/trade control role in a commodities/ energy trading environment. (ideally in Gas, Power, Emissions markets and Renewable Certificates)
- Degree level educated or equivalent work experience
- Knowledge of trade lifecycle processes including booking, amendment, contracts, and settlements
- Good working knowledge of Operations within Energy Markets · Knowledge and interest in Renewable Certificate trading
- Intermediate or Advanced Excel skills are an advantage
What sets us apart?
- Global Impact: With offices in the UK, US, and Australia, and plans for further expansion, you'll be part of a dynamic, globally-minded team, with opportunities to explore new markets and make a difference on a global scale.
- Flexible Working: Embrace the freedom to work from anywhere in the world for up to 30 days a year. We prioritize work-life balance, recognizing that your well-being matters. Check out all our benefits here
- Commitment to Diversity and Inclusion: We celebrate our diverse culture and value individuals irrespective of background, disability, religion, gender identity, sexuality, or ethnicity. Join a team where diversity is not just welcomed but celebrated as a key driver of growth and innovation.
What does hybrid working mean to us?
Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.
What happens next?
Once we receive your application, it will be reviewed by a human – no bots here! The average process typically takes around 2-3 weeks, with 2 stages of video interviews using Teams. However, this can vary depending on the role. We may invite you for a face-to-face meeting or require only 1 video interview. If you have any questions or need support, our Recruitment Team is here to assist you.
Ready to join us on our journey to digitise, decarbonise, and localize the future of energy? Apply now.
We're committed to making the application process easy and comfortable. Let us know how we can help you with any reasonable adjustments that can be tailored to your needs. At the bottom of each of our adverts you can find one of our recruitment teams' contact details. Please reach out so we can discuss with you further.
- Department
- Risk
- Locations
- SmartestEnergy Limited - London office - Canary Wharf
- Yearly salary
- £30,000
Trade Control Analyst - 12 Month FTC
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