Trading Confirmations Analyst

Trading Confirmations Analyst
www.myrecruiting.biz , the premier source for specialized financial recruitment in Texas and the Southeast U.S., is currently seeking a Trading Confirmations Analyst in Houston, Texas. Our client company has aggressive growth plans and are seeking only the most talented and driven accounting professional to join their team.
Summary:
This position is instrumental in ensuring the accuracy of the company’s core energy trading systems and is the key interface between the Traders, Finance and Legal departments; and, external parties such as brokers, exchanges and counterparties.
Duties and Responsibilities:
Validations
• Reconciliation of OTC trade blotters to the trading system daily
• Reconciliation of OTC trades in the trading system to broker statements received daily
• Reconciliation of IPE Futures trades to ICE on line and the trading system daily
• Reconciliation of Exchange confirmations to the trading system daily
• Raising queries with Front Office, Brokers and Exchanges to resolve queries
• Obtaining Front Office agreement to any required changes to trade details
• Validating all OTC, Futures and Exchange trades in the trading system
• Produce a daily trade summary for distribution and approval
• Generate exception reports to review non-validated trades, amended and deleted trades daily
• Investigate and resolve non-validated, amended and deleted trades to ensure that all live trades are validated in the trading system within one day of the trade date

Confirmations
• Generate, track and execute trade confirmations for various types of physical and financial (derivatives) energy commodity trades including but not limited to: natural gas, crude oil, foreign exchange, power, emissions, etc
• Review confirmations received and reconcile to trading system trade details
• Obtain authorized signatories to confirmations generated
• Obtain authorized signatories to confirmations received once reconciled to the trading system
• Ensure that all trades have an agreed confirmations template attached in the trading system
• Set up and amend confirmation templates in the trading system, as appropriate
• Scan and log received confirmations

• Send confirmations to counterparties
• Maintain correct confirmation status within the trading system
• Generate exception reports to review incomplete confirmed trades
• Investigate and take action to ensure all trades are completed and confirmed within 48 hours of the trade date
• On-going development and maintenance of relationships with Front Office and Middle Office as well as other departments within Operations

Candidate Specification:
Qualifications:
• Bachelors Degree with preferred major in Accounting, Business or Marketing.
• 3-5 years of experience in commodity and/or derivatives trade capture and documentation flows, preferably, in the US gas and/or power industries

Skills:
• Familiar with confirmations processes
• Effective written and verbal communication skills
• Experience of working with trading counterparties would be an advantage
• Support internal/external audits
• Excellent Technology skills including Microsoft Excel, Word and Access
• System Knowledge: DMS, ICE/eConfirm, ConfirmHub etc.
• Knowledge of OpenLink systems preferred, but not required
• Strong attention to detail
• Exposure to new systems implementation would be an advantage

Competencies:
• Concern for accuracy and ability to meet tight deadlines
• Diligent and dependable
• Excellent interpersonal and organizational skills
• Able to work effectively cross functionally with all areas of the business

If you are in search of a challenging Trading Confirmations Analyst like this or know someone who would be interested in this, please contact Danya Bogart at (713) 877-8546, or e-mail your resume to danya-resumes@myrecruiting.biz for confidential consideration.
Please visit our website http://www.myrecruiting.biz for more details on the Trading Confirmations Analyst
On-line: http://public.bullhornstaffing.com/JobBoard/Standard/BHContent_JobDetail.cfm?jobPostingID=408&privateLabelID=1330
McIntyre Youngblood Recruiting, LLC, www.myrecruiting.biz is an equal opportunity employer specializing in direct hire employment and temporary staffing of accounting, finance, legal, administrative and information technology (IT) professionals in Houston, Dallas and New Orleans. With 30 plus years of experience we are able to provide experienced candidates at all levels including management consulting. MYRecruiting is a certified Woman Owned Business Enterprise (WBE) and HUB qualified. McIntyre Youngblood Recruiting, LLC was named to Louisiana’s Top Business List for 2009 by www.DiversityBusiness.comas a top emerging business.
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