Confirmations & Trade Control Manager

EDF Trading•Houston, TX

About The Position

The Confirmations & Trade Control Manager is responsible for end to end oversight of post execution trade controls and confirmations for physical and financial commodity transactions. This role ensures trades are accurately captured, validated, confirmed, amended, and governed in compliance with internal controls and external regulatory requirements. The Manager leads the Confirmations and Trade Control teams and partners closely with Front Office, Transaction Management, Legal, Credit, Risk, Compliance, Finance, and IT to resolve issues, mitigate operational risk, and drive continuous improvement across the trade lifecycle.

Requirements

Bachelor’s degree in Accounting, Finance, Economics, Business, or a related field.
10+ years of experience in confirmations, contracts, trade support, or middle/back office operations within energy commodities (Gas, Power, Oil, Environmental Products).
Strong knowledge of the full trade lifecycle, including contracts, trade capture, confirmations, lifecycle events, amendments and the impact downstream.
Strong analytical, problem solving, and process improvement capabilities.
Excellent communication, interpersonal, and organizational skills.
Familiarity with Endur, ICE and Zema.
Proven experience leading teams in a fast-paced, deadline-driven environment.
Ability to manage competing priorities, meet deadlines, and perform effectively in a fast paced environment.
Proficiency with Microsoft Office tools (Excel, Word, Outlook, PowerPoint).

Responsibilities

Manage day to day operations of the Confirmations team, ensuring accurate and timely execution of all confirmation activities.
Ensure confirmations are generated, drafted, executed, and governed in accordance with regulatory and internal requirements.
Oversee review and execution of confirmation documentation, ensuring accuracy, completeness, and compliance with departmental standards.
Ensure confirmation issues, discrepancies, and outstanding items are identified, prioritized, and resolved in a timely manner.
Manage and monitor confirmation workflow queues to ensure proper prioritization and workload balance.
Oversee exception reporting for outstanding confirmations and ensure appropriate follow up and resolution by the team.
Liaise with Front Office, Commercial, Legal, IT and/or Compliance on: Trade lifecycle events (e.g., novations, terminations, amendments), Dodd Frank and other regulatory reporting requirements, Resolution of deal entry errors and counterparty disputes.
Monitor changes in industry regulations and implement required updates to confirmation procedures and templates in coordination with internal stakeholders.
Establish clear goals, objectives, benchmarks, and performance metrics to measure team effectiveness and success.
Develop and cross train team members to ensure adequate coverage, scalability, and support for company initiatives.
Oversee validation and control of trades from execution through settlement, ensuring accurate capture, attributes, and status in the ETRM system.
Manage complex trade lifecycle activities, including: Trade amendments, corrections, and rebooking, Deal splits, novations, terminations, and unwinds, Profile regeneration and related system adjustments.
Monitor and resolve trade exceptions such as missing pricing, resets, structural attributes, or system limitations requiring manual intervention.
Oversee exchange and gateway activity, including ICE autoflow trades and manually entered non auto gateway trades, ensuring proper mappings and validated trade status.
Monitor additional trading platforms and gateways, ensuring trades are accurately updated, amended, or canceled as required.
Support interbook trade validations and related control requirements.
Provide guidance to Front Office on deal templates, trade attributes, fee structures, and booking standards.
Partner with internal stakeholders to resolve trade discrepancies and ensure seamless trade processing across teams.
Lead daily activities of the Confirmations and Trade Control teams, assigning work and setting priorities to meet operational demands.
Promote a strong control culture focused on accuracy, timeliness, accountability, and risk mitigation.
Evaluate processes to identify control gaps, inefficiencies, and opportunities for automation and improvement.
Develop, maintain, and periodically review procedures to ensure consistency, compliance, and alignment with global standards where applicable.
Partner with Compliance and Regulatory teams to ensure adherence to internal policies and external regulatory obligations.
Lead or support internal and external audits, including data provision, issue investigation, and remediation efforts.
Participate in system enhancements, upgrades, and user acceptance testing for ETRM and confirmation platforms.
Support cross functional initiatives and special projects as assigned.