As the Clearing Operations Analyst you will be responsible for accurate and timely reconciliation of the exchange traded deal lifecycle from instrument setup, trade capture and daily position reconciliation. In addition, you will do break investigation and resolution through liaison with front and middle office, product controllers, Finance IT teams, as well as external Exchanges, Clearing Brokers, and Executing Brokers.
WHAT YOU WILL DO
Clearing Operations Analyst will ensure timely completion of Trade and Position reconciliations on T+1. Where there are breaks, you will understand them and investigate accordingly, including sending break status and EOD reports with relevant commentary. In addition, you will;
- Raise queries with Front Office, Exchanges, Clearing Brokers, and Executing Brokers to be resolved within the Business Day raised.
- Promptly escalate potential issues on T and T+1 to management in an efficient and timely manner.
- Matching of reconciled trades and action trade amendments within ETRMs.
- Conduct root-cause analysis for any clearing exceptions identified and design, agree and/or implement preventative measures to avoid recurring breaks.
- Review and provide process and system improvements across the team to streamline and automate current processes.
WHAT YOU WILL BRING
As an excellent problem solver who has a working knowledge of trading systems, preferably ENDUR. You will also bring experience in developing and executing complex reconciliations, ideally in energy commodities. You will also have;
- Experience in developing and executing complex reconciliations.
- Understanding of energy futures and options products and/or cleared OTC derivative products would be beneficial.
- Experience in a commodity or financial trading environment would be an advantage.
- Experience of working with trading counterparties and direct contact with the trading desks.
- Experience with market leading clearing and reconciliation systems a plus.
ABOUT US
Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.
As a fully-integrated energy company, we serve our customers with an end-to-end energy value chain – from sourcing and trading to transport, storage and sales. Together, we ensure the security of gas supply in Germany and Europe and drive the green energy transformation. Our international teams work across locations in Europe, Asia, and North America. We’re passionate about energy and the important role it can play in shaping a better future.
