Director of Power Settlements

Director of Power Settlements



www.myrecruiting.biz , the premier source for specialized financial recruitment in Texas, Louisiana and the Gulf South, is currently seeking a direct hire Director of Power Settlements in Houston, TX. Our client company has aggressive growth plans for this company and are seeking only the most talented and driven accounting professional to join their team.

Trading group provides essential and professional services across all areas of the company. The group sets and maintains high standards and is continually developing operating efficiencies and setting industry benchmarks in service delivery. It is comprised of Human Resources and Business Services, Investor Relations, Financial Operations, Business Improvement, Settlements and Taxation Divisions.

The Settlements Division seeks to appoint a Director level person to oversee the Power Settlements team and Dealer Support Unit within the Houston Settlements group.

As an integral part of the Energy Settlements team, you will be responsible for:

. Overseeing all dealer support to traders including:

o Verification of Energy deals across power, gas, and oil-both physical and financial

o Generation of derivative confirmations

o Identifying and resolving issues

. Overseeing all power settlement activities including:

o Invoice power products(physical and financial power, option premiums, emission trades, capacity transactions)

o Reconcile and settle ISO transactions(currently dealing in CAISO, ERCOT,NEISO,NYISO and MISO)

o Invoice Originated transactions(toll agreements, load following, energy management agreements, etc)

o Identifying and resolving Settlement related issues

o Regular and reporting across both teams

The successful candidate should:

. Have previous experience leading teams in Settlements/Middle Office, with experience in commodities or derivative products

. Be highly motivated with a professional attitude and possess attention to detail

. Have experience preferably in the Banking/Finance or Energy sectors with a degree

. Have the ability to prioritize and problem solve

. Have excellent organizational, communication and prioritization skills

. Enjoy dealing with a large team in a busy environment

. Effective at dealing with people at all levels Key Skill Requirements:

Business Knowledge

. Experience in the Banking/Finance or Energy Sectors in a Settlements or Middle Office role would be highly regarded

. Ability to recognize significant issues arising from day to day activities, and their impact on the business

. Awareness of settlement/business factors that affect commodity trading

Interpersonal Skills

. Confident and competent in oral and written communication

. Expresses view point clearly and concisely

. Develops and maintains the respect and support of team and senior management

. Proven track record of building positive team culture

. Capability of dealing with confidential material

Client Orientation

. Builds a good level of rapport with clients and responds quickly to their concerns, subject to maintaining internal controls

. Ability to deliver high levels of quality service on a daily basis

Technical Specialist Skills

. Ability to deliver quality work under pressure

. Questions current procedures and has a strategic continuous improvement mindset

. Be confident in the set up of functions and processes

. Ability to build process and support Information technology in a changing environment

Qualifications and Background

. Preferably seven to ten years experience in the Energy Trading sector

If you are in search of a challenging Director of Power Settlements role like this or know someone who would be interested in this, please contact Lee Youngblood at (832) 242-9408, or e-mail your resume to lee-resumes@myrecruiting.biz for confidential consideration.

Please visit our website http://www.myrecruiting.biz for more details on the direct hire Director of Power Settlements

On-line: http://public.bullhornstaffing.com/JobBoard/Standard/BHContent_JobDetail.cfm?jobPostingID=515&privateLabelID=1330

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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.com as a top emerging business.

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