Senior Settlements Analyst

Power Trading Settlement Specialist

Location : Boston, MA

Salary range : $98,785.00 to $123,482.00

Job Summary

This role is responsible for the timely and accurate settlement of power purchase and sales transactions, including the analysis and reconciliation of contractual information and data, evaluation of systems capabilities, as well as the development of tools and procedures to handle new or non-standard transactions.

Key Responsibilities

• Provide detailed analysis in reconciliation and settlement of company trading books for a variety of complex power transactions including tolling, capacity, firming, and shaping, transmission, balancing, and bucket deals
• Analyze and resolve discrepancies to ensure trading books reflect final trading positions and prices
• Decompose complex trading and asset contracts in order to account for and settle component parts
• Assist with preparation of monthly power trading book forecasts for inclusion in companies flash operating results and general ledger month-end closing
• Develop, enhance, and maintain sophisticated spreadsheet models used to value energy assets and contracts
• Manage a number of energy contracts and ensure all activities are in compliance with contract provisions
• Work closely with internal departments on implementation issues and participate in contract negotiations representing settlements as needed
• Monitor and analyze market performance and market updates related to trading operations and settlements
• Translate ISO policy changes into market settlement infrastructure design and processes
• Guide team members in identifying root causes of systemic data issues and recommends solutions
• Assist with preparing and managing daily margin status and agreements for power
• Provide assistance to Settlements Manager in evaluating and testing system enhancements and other matters as requested
• Adhere fully to internal controls and continually assess control design and effectiveness
• Demonstrated ability to structure a data analysis project and deliver against specific project goals
• Maintain thorough understanding of company's energy management systems and develop tools necessary to enhance capabilities or mitigate deficiencies as necessary

Required Qualifications

Preferred Qualifications

Competencies

Disclaimer

AVANGRID is committed to a diverse and inclusive workplace. AVANGRID is an equal opportunity employer and does not discriminate on the basis of an individual's sex, gender, gender identification, gender expression, race, color, religion, national origin, age, ancestry, genetic information, medical condition, physical or mental disability, marital status, sexual orientation, military or veteran status, or other characteristics or conditions protected by law.

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule / job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within AVANGRD Network and Corporate functions. This does not include those that will work for Avangrid Renewables

Company : AVANGRID POWER, LLC

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.