valuation analyst London, England
Job description
Senior Settlements Analyst
Centrica Energy Marketing & Trading (EM&T) is the trading arm of Centrica. We trade LNG, gas, power and energy attributes, and connect independent producers, suppliers and corporate off-takers in the wholesale energy markets.
We have an exciting opportunity for an Analyst / Senior Analyst to join our Settlement Operations department on a 12 -month fixed term contract based in our central London offices in Mayfair.
The Settlement Operations team is a crucial function within EM&T. The team is accountable for the back end of the trade lifecycle i.e., invoicing and settlement and the team’s activities are critical in supporting the business achieve its ambitious growth targets whilst ensuring effective processes and controls are in place to mitigate operational risk and potential loss whether financial or reputational.
The Analyst will be responsible for the creation and dispatch of invoices, as well as the receipt, validation and processing (with support from other functions as required) of invoices, for both vanilla and complex products, including physical OTC trades, swaps and options, power purchase agreements and renewable certificates within contractual timelines.
The Analyst will be expected to learn EM&T’s ETRM and banking systems quickly to efficiently operate settlement processes and help in developing, automating and optimising processes to bring efficiencies and improved controls. The Analyst will be used to working in a high volume, automated, process driven environment where speed and accuracy are imperative.
The Role:
You will be accountable for timely and accurate invoicing and settlement of EM&T’s commodity transactions. This includes:
Settlement of physical OTC trades, swaps and options, and renewable certificate transactions
Accurate and timely creation and issue of invoices for all products as well as the validation of invoices and payments within contractual timelines
Processing netting statements for physical and financial settlements
Ensuring funds are received and paid on time
Ensuring accurate input into the cash liquidity process for Group Treasury
Managing the resolution of operational issues and queries from internal / external parties
Supporting management in the day-to-day monitoring of workflows, queues and tasks
Assisting in the training and development of other team members
Contributing to continuous improvement initiatives, to drive efficiency and improved performance (e.g., system enhancements and automation)
The Person:
Knowledge of settlement activities, the trade life cycle and trading systems
Proactive in identifying and driving improvements in processes, systems and controls
Numerate and highly organised with an excellent attention to detail
Strong analytical and problem-solving skills, with the ability to think and act independently
Ability to communicate effectively (both oral and written), stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential
#LI-CET
At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!
PLEASE APPLY ONLINE by hitting the 'Apply' button.
Applications will ONLY be accepted via the ‘Apply’ button.
This role is being handled by the Centrica recruitment team and NO agency contact is required.
