CLEARING OPERATIONS ANALYST (M/F/D)

This position sits in the Exchange and Clearing Services (ECS) Team. ECS is responsible for developing a firm wide centre of excellence for all exchange and margined trading processes, the team ensures complete and accurate capture of all exchange and margined trading activities across all systems and manages access to exchange traded derivatives platforms globally.

The ECS team sits within the Office of the Chief Commercial Officer and is part of the Business Operations and Transformation team.

Want to join us on our journey?

The position is responsible for accurate and timely reconciliation of the exchange traded deal lifecycle from instrument setup, trade capture and daily position reconciliation.

Break investigation and resolution is reached through liaison with front and middle office, product controllers, Finance IT teams, as well as external Exchanges, Clearing Brokers, and Executing Brokers.

Exchange trading is an increasing area of strategic importance for the Group and as such the area is evolving.

What you will do?

The scope of exchange and product coverage is increasing and there is a drive to modernise and improve systems and processes. Consequently, there will be numerous opportunities for the successful candidate to be involved in various improvement and growth-related projects.

The role will provide an excellent opportunity for a talented and motivated individual to gain exposure across a very wide range of energy products and to work in an ambitious company.

What you’ll bring to the role?

• Ensure timely completion of Trade and Position reconciliations on T+1.
• Understand breaks and investigate accordingly.
• Send trade break status reports and EOD reports with relevant commentary.
• Raise queries with SEFE Front Office, Exchanges, Clearing Brokers, and Executing Brokers.
• Queries 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.
• Action trade amendments within ETRMs.
• Matching of reconciled trades within the 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.
• Highly motivated self starter with strong problem solving abilities.
• A working knowledge of trading systems, preferably ENDUR.

Our offer to you

In return we offer a competitive starting salary supported by a comprehensive, and broad reaching benefits package which includes

• bonus earning potential
• non-contributory pension
• 25 days holiday plus bank holidays and volunteering days
• buy / sell holidays
• life assurance
• medical and dental insurance
• range of optional flexible benefits

Based from our offices in London office, you can benefit from hybrid working offering the flexibility to spend some of your working week at home. Close to both Deansgate and Oxford Road railway stations and the wider travel networks our offices offer the opportunity to mix with your colleagues in person with a wide variety of creative meeting spaces. You also get the opportunity to enjoy your down time with well-equipped rest areas.

We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.

Who are we?

We are part of the SEFE Group – led by SEFE Securing Energy for Europe GmbH in Berlin – which employs approximately 1,500 employees. The 350 people working in SEFE Energy are friendly and positive – you can approach anyone for help and your ideas are always welcome. We’re committed to our REACH principles – Results, Expertise, Action, Challenge, Have courage – but above all else, we care for each other’s welfare and aspirations and above all offer support as your career develops.

Our focus for 2022 – 2025 is strategic, profitable growth and strengthening our foundations, primarily by placing data and technology at the heart of our business model. We’re looking for people who are passionate about where we’re going and will help us thrive long into the future.

We’re committed to creating an inclusive environment that embraces diversity and fosters the development of knowledge, skills, and experience, so all our people can thrive and prosper in their careers with us. We are a place where you can be yourself and make your mark because whatever your role, you’ll find an open, welcoming atmosphere that empowers you, encourages fresh thinking, and recognises your contribution.