Description

A global leader in the Energy Trading industry, located in Downtown Houston, is looking to hire a Power Back Office Analyst. This position sits with the trading group, and must have ERCOT experience. Hybrid schedule, 3 in, 2 remote. Competitive benefits including 6% 401k match and cash pension plan.

Our scope includes implementation of new power contracts, market rules, ISO protocols and trading systems of relevant market areas including ERCOT, CAISO and PJM. The mission of this position is to support the Power operations desk and Energy Data management team, and manage a portfolio of trading counterparts. For immediate consideration, please apply and email your resume to Alyssa.white@roberthalf.

Responsibilities:

• Support the Power operations desk and Energy Data management team as the first point of contact for operational and invoicing queries;

• Provide support, perform reconciliations and invoicing in the daily and monthly power reconciliation process, and assist internal groups in any financial workflow;

• Provide all necessary reports and statements supporting the physical power activities including ERCOT, CAISO and PJM markets;

• Manage the REC confirmations and settlement process and reporting requirements through close coordination with power trading desk, Middle Office and Energy Data Management;

• Manage a portfolio of trading counterparts;

• Check traders supply accurate deal-sheets/electronic download reports for all trades validated within our in-house trading system;

• Ensure that accurate trading information is represented within the trading BOOK by confirming deals with counterparts and brokers on a daily basis;

• Monitor and verify exchange-traded positions and limits;

• Reconcile the Company’s open trade equity to daily statements from our clearing houses;

• Monitor and report financial OTC trades to the Dodd-Frank reporting regulators within 24 hours of their execution;

• Reconcile counterpart/pipeline invoices against the system in liaison with the Operations and Middle Office departments to resolve discrepancies;

• Agree with counterparts on settlements, provide timely payment instructions and cash forecast information to the Treasury team, and assist the Accounting team with aged debt reporting and resolution and analyzing accruals;

• Responsible for pulling/analyzing settlement statements within the Simba SMS system;

• Check and distribute all confirmations produced by the BOOK Confirmation Module or directly from third-parties and record these against the BOOK using the Confirmation Module and chase all outstanding confirmations on a daily basis ;

• Participate in team and individual projects delegated by the Back Office Manager or Supervisor;

• Support team members and be available to help and mentor team members;

• Run management reports and ad-hoc analysis

  Requirements

Qualifications

• Undergraduate degree or equivalent in Engineering, Mathematics, Finance or Energy preferred.

• 2-3 years’ experience in the Gas and Power markets with a high data analysis component.

• Understanding of the North America power industry

• Strong operational and modelling skills with the ability to implement those using commonly used tools – Alteryx, Python and PBI.

• Strong analytical capabilities, especially in energy markets and in a broader economical field

Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.

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All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.

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