- Key Responsibilities
- Perform day-to-day settlement activities across ISO/RTO markets (e.g., PJM, MISO, ERCOT, CAISO, SPP, NYISO, ISO-NE).
- Process and reconcile FTR settlements, including auction revenue rights (ARR), congestion rents, credit calculations, and contract settlement flows.
- Validate and reconcile ISO invoices, identifying discrepancies and working with internal teams and ISOs to resolve settlement issues.
- Support exchange settlement processes, including daily/weekly/monthly reconciliation for cleared trades (ICE, CME, Nodal Exchange, etc.).
- Monitor settlement variances, investigate root causes, and escalate issues as needed.
- Collaborate with Front-Office, Risk, and Accounting teams to ensure accurate PnL reporting and position data.
- Assist with automation, process improvements, and controls enhancement to increase efficiency and reduce operational risk.
- Maintain high-quality records, documentation, and adherence to compliance requirements.
- Support ad-hoc projects including reporting, system enhancements, data cleanup, and market rule updates.
- Required Qualifications
- BS or MS in Accounting, Finance, Audit, Business, Economics, or a closely related quantitative or operational discipline.
- 4–7 years of experience in ISO settlement, exchange settlement, energy trading operations, or similar back-office/mid-office roles.
- Strong understanding of ISO/RTO settlement structures, charge types, FTR/CRR processes, or congestion/auction mechanics.
- Hands-on experience with exchange-cleared products settlement (ICE, CME, Nodal, etc.).
- Proficiency with Excel; exposure to SQL, Python, or data tools a plus.
- Strong analytical mindset with excellent problem-solving ability and attention to detail.
- Ability to manage multiple priorities and deadlines in a fast-paced trading environment.
- Effective communicator with the ability to liaise across technical and commercial teams.
- Preferred Qualifications
- Experience with power trading or FTR portfolios.
- Familiarity with risk systems, ETRM software, or custom settlement tools.
- Exposure to power flow, congestion concepts, or locational marginal pricing (LMP) fundamentals.
- Prior experience supporting process automation or workflow improvement.
- What We Offer
- Career growth opportunities within a rapidly evolving energy markets environment
- Support for professional development, including mentorship, continuous learning, and assistance with relevant professional certifications
- Competitive compensation packages
- 401(k) with company match, and comprehensive health, dental, and vision benefits