Power Market Operations & Settlements Analyst

Glencore•New York, NY

1d•Onsite

About The Position

Glencore Ltd, a US-based branch of Glencore AG, is seeking a Power Market Operations & Settlements Analyst in New York, NY. This role will act as the primary point of contact for ISO operational activities, focusing on settlement validation, reconciliation, and issue resolution. The analyst will validate submitted schedules and confirmed volumes, ensuring consistency with executed trades, and provide weekend coverage as needed for scheduling-related activities. The position involves performing daily, weekly, and ad hoc reconciliation of ISO settlements, including validation of volumes, prices, and settlement charges. A key responsibility is ensuring alignment between ISO data and ETRM systems, updating actual quantities, and reconciling positions and settlement outputs. The analyst will support daily/weekly ISO settlement cycles and payment readiness, investigate and resolve settlement discrepancies, and maintain audit-ready documentation and controls. The role also supports process improvement, tool enhancement, and automation initiatives. Over time, the role is expected to evolve with business expansion, potentially offering exposure to broader power operations and scheduling activities.

Requirements

Strong understanding of US power markets, with emphasis on ISO settlement processes
Hands-on experience with ISO portals
Hands-on experience with Settlement statements and reconciliation
Experience working with ETRM systems

Nice To Haves

Experience in ERCOT (strongly preferred)
Experience in PJM/MISO a plus
Exposure to ISO Virtual Transactions and Congestion Products
Experience with TriplePoint CXL is a plus
Familiarity with bid-to-bill tools (Adapt2, PCI, OATI, etc.)
Understanding of power scheduling workflows and concepts (volume confirmations, e-tagging)
Exposure to collateral / credit monitoring in ISOs
Experience with FERC and EIA reporting requirements

Responsibilities

Act as primary point of contact for ISO operational activities, with a focus on settlement validation, reconciliation, and issue resolution
Validate submitted schedules and confirmed volumes, ensuring consistency with executed trades
Provide weekend coverage as needed for scheduling-related activities to support business and operational requirements
Perform daily, weekly, and ad hoc reconciliation of ISO settlements, including validation of: Volumes (forecast vs actual vs scheduled), Prices (RT/DAM components, imbalance charges), Settlement charges and adjustments
Ensure alignment between ISO data and ETRM: Update actual quantities, Reconcile positions and settlement outputs
Support daily/weekly ISO settlement cycles and payment readiness
Investigate and resolve settlement discrepancies and resettlements in coordination with ISO, counterparties, and internal teams
Maintain audit-ready documentation and controls across settlement and reconciliation processes
Support gradual improvement of processes, tools, and automation initiatives (ETRM / Bid-to-Bill / ISO integration)