Summary: The Settlement Analyst role involves validating and processing settlement data within the wholesale energy markets, specifically focusing on electricity and gas. This hybrid position requires strong analytical skills and a solid understanding of UK energy markets, while collaborating with various internal and external stakeholders. The role also emphasizes compliance with regulatory obligations and continuous improvement in settlement processes.

Key Responsibilities:

• Validate, reconcile, and process settlement data related to wholesale energy markets (electricity and/or gas).
• Monitor and analyze discrepancies in trade and invoice data, resolving exceptions in a timely manner.
• Ensure compliance with regulatory and market obligations.
• Liaise with internal trading, finance, and risk teams as well as external stakeholders such as counterparties and market operators.
• Support month-end close activities and reporting related to settlements.
• Provide insights to improve settlement accuracy and reduce operational risk.
• Document processes and contribute to continuous improvement initiatives.

Key Skills:

• Proven experience in settlement operations, ideally within the energy sector.
• Strong understanding of UK energy markets (e.g., imbalance settlement, trading cycles, market participants).
• Proficient in Excel (pivot tables, VLOOKUPs, formulas); knowledge of SQL or data analytics tools is a plus.
• Strong analytical and problem-solving skills.
• Ability to work independently and in a team in a hybrid environment.
• Excellent communication and stakeholder management skills.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Energy