Director, Trade Control and Operations Support
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Job Location:
Houston, MS - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The purpose of this Houston TX based position is to provide senior level oversite for all trade control and trade settlement addition to managing the trade settlement this will include the management of the daily reconciliation of futures daily T0 trade verification and T1 trade confirmations. This individual will be a subject matter expert and drive synergies between internal stakeholders as well as process changes where required.
- Supervise provide daily oversight and set priorities of the Futures Trade Control team Physical Trade Control team and Commodity Trade Settlements: select coach train and develop direct reports to include appraising job performance and conducting performance reviews.
- Provide subject matter expertise related to the processes looking for potential efficiencies and / or savings in the process.
- Provide internal controls oversite and recommendations for improvement for the functional areas being managed.
- Manage the team that performs the review analysis and the reconciliation of the daily activity between trade capture platform and the Future Commission Merchant (FCM) statement. Identify and resolve related issues.
- Provide escalation points for trader inquiries and support trading platforms.
- Serve as partner with FCM on risk limits margin brokers and products and as the Relationship Manager with ICE and CME exchanges.
- Serve as subject matter expert in the Daily P&L and Position reporting matters; research projects on daily activity and results; answer and resolve internal and external position questions.
- Identify and deliver synergies across functional departments within the company.
- Prepare and review monthly journal entries to the general ledger related to the FCM activity.
- Review of general ledger reconciliations for completeness and accuracy and ensure aged reconciliations are researched and resolved in a timely manner.
- Provide first level of control to validate all trade entry is performed accurately timely and completely. Any discrepancies will be followed up with front office to resolve.
- Develop a formal T1 trade confirmation process that will include confirmation processes for all relevant trade activity as defined by the Company Risk Management Policy.
- Develop process by which trade control statuses are tracked and reportable for Dodd Frank and KPIs.
- Provide senior leadership and oversight to the Trade Settlement team. Responsibilities will include continuous process improvement training and development.
- Provide support and management requests from both External and Internal Auditors.
- Model behaviors that support the companys common purpose; ensure guests and team members are supported at the highest level
- Ensure all activities are in compliance with rules regulations policies and procedures
- Provide ad hoc reporting and complete other duties as assigned
Qualifications :
- Bachelors degree in Finance Accounting Business or related field required
- Minimum 10 years energy trading experience required
- Minimum 3 years experience leading a team
- Minimum 5 years experience with ETRM or RightAngle required
- Intermediate Microsoft Office skills required; advanced skills preferred
- Understanding of Front Middle and Back-office business and operational risks impacting an energy marketing function required
- Experience with process improvements and analytics preferred
Additional Information :
Nation-wide Medical Plan/Dental/Vision
401(k) and Flexible Spending Accounts
Employee Fuel Discount
Adoption Assistance
Tuition Reimbursement
Onsite Gym
Weekly Pay
All your information will be kept confidential according to EEO guidelines
.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Employee Relations
- Employee Evaluation
- Management Experience
- Profit & Loss
- Conflict Management
- Operations Management
- Project Management
- Budgeting
- Leadership Experience
- Supervising Experience
- Leadership management
- Financial Planning
About Company
Are you passionate about team building, customer service, and meeting new people? Pilot Company offers a dynamic environment where no two days are the same. Team members have the opportunity to build an inclusive atmosphere with their co-workers and make a better day for every type of ... View more
