Director, Trade Control and Operations Support

Pilot Company•Houston, TX

59d•Onsite

About The Position

The purpose of this Houston, TX based position is to provide senior level oversite for all trade control and trade settlement functions. In addition to managing the trade settlement, this will include the management of the daily reconciliation of futures, daily T0 trade verification, and T1 trade confirmations. This individual will be a subject matter expert and drive synergies between internal stakeholders as well as process changes where required.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field required
Minimum 10 years’ energy trading experience required
Minimum 3 years’ experience leading a team
Minimum 5 years’ experience with ETRM or RightAngle required
Intermediate Microsoft Office skills required; advanced skills preferred
Understanding of Front, Middle, and Back-office business and operational risks impacting an energy marketing function required
Experience with process improvements and analytics preferred

Responsibilities

Supervise, provide daily oversight, and set priorities of the Futures Trade Control team, Physical Trade Control team and Commodity Trade Settlements: select coach, train, and develop direct reports, to include appraising job performance and conducting performance reviews.
Provide subject matter expertise related to the processes looking for potential efficiencies and / or savings in the process.
Provide internal controls oversite and recommendations for improvement for the functional areas being managed.
Manage the team that performs the review, analysis, and the reconciliation of the daily activity between trade capture platform and the Future Commission Merchant (FCM) statement. Identify and resolve related issues.
Provide escalation points for trader inquiries and support trading platforms.
Serve as partner with FCM on risk limits, margin brokers and products and as the Relationship Manager with ICE and CME exchanges.
Serve as subject matter expert in the Daily P&L and Position reporting matters; research projects on daily activity and results; answer and resolve internal and external position questions.
Identify and deliver synergies across functional departments within the company.
Prepare and review monthly journal entries to the general ledger related to the FCM activity.
Review of general ledger reconciliations for completeness and accuracy and ensure aged reconciliations are researched and resolved in a timely manner.
Provide first level of control to validate all trade entry is performed accurately, timely and completely. Any discrepancies will be followed up with front office to resolve.
Develop a formal T1 trade confirmation process that will include confirmation processes for all relevant trade activity as defined by the Company Risk Management Policy.
Develop process by which trade control statuses are tracked and reportable for Dodd Frank and KPI’s.
Provide senior leadership and oversight to the Trade Settlement team. Responsibilities will include continuous process improvement, training, and development.
Provide support and management requests from both External and Internal Auditors.
Model behaviors that support the company’s common purpose; ensure guests and team members are supported at the highest level
Ensure all activities are in compliance with rules, regulations, policies, and procedures
Provide ad hoc reporting and complete other duties as assigned