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Back Office Analyst

London

 

About the Role

We are looking for an experienced Mid-Level Back Office Analyst to join our small and busy CFO team in our London office. This role will be part of the team responsible for the trade life-cycle management of all trades concluded by our Front Office. This includes confirmations, margin & collateral management, invoicing and settlements. This role works closely with all major departments, including the Trading Desks, Treasury, Credit and Compliance.

This will be a full-time role with the flexibility to work from home 1-2 days per week, and owning the following responsibilities:

  • Ensuring all OTC and inter-company settlements are completed in a timely manner.
  • Assisting in the onboarding of new counterparties by ensuring all static data is correct in our trading system.
  • Owning the end of day cashflow report to ensure all settlements for the day have been reconciled and processed.
  • Reconciling and settling monthly renewable PPA (Power Purchase Agreement) contracts.
  • Performing and understanding the daily global margin calls.
  • Managing inventory and deliveries for renewable certificates (ROCs, REGOs, GOOs)
  • Produce monthly KPIs for management to show the tasks performed by the Back Office team.
  • Working closely with the London-based Product Control team, ensuring all invoicing and cash reconciliations are completed in a timely manner prior to month end.
  • Acting as a key point of contact for Compliance, with the aim of ensuring that the team is performing all required regulatory tasks (e.g. REMIT, EMIR, adhoc reporting).
  • Assisting the Head of MOBO with process improvements around automation.
  • Monitoring the Back Office mailbox, owning the distribution of tasks accordingly, escalating issues to senior colleagues where appropriate.
  • Responding to Back Office related queries from internal and external counterparties in a timely fashion.
  • Acting as a mentor to junior team members

 

About You

This person will be experienced, ideally with 3-5 years of tenure in back office & financial operations, with a good knowledge of power commodities. In addition, we are looking for somebody with the following:

Role Requirements: 

  • Demonstrable experience in financial or energy markets, with strong working knowledge of the trade life-cycle from a Back Office function.
  • Excel skills at intermediate level or higher, including competence working with large data sets.
  • Excellent communication and interpersonal skills, with the ability to engage in effective, direct communication across different levels of seniority with colleagues globally (for example, trading desks and senior management).
  • A self-starter attitude and the ability to thrive in a fast-paced environment.
  • Analytical and highly numerate, with strong attention to detail.
  • A team player approach and willingness to support the wider team where needed.

 

About Trailstone

Trailstone is a global energy and technology company, operating at the intersection of renewable and conventional power. We trade energy in global markets, and we provide a best-in-class service to manage the inherent intermittency of renewable power generation across the short, medium and long term.

As an energy trader, we buy and sell electricity and gas which is physically delivered on the grids, and we leverage our physical market knowledge to trade financial commodities.

As a provider of renewable energy management services, we take on the complexity of managing renewable power across different countries so that our customers can focus on their core mission of investment and growth. Trailstone offers an efficient, fully automated front-to-back renewable power management platform underpinned by our long-standing market experience, proprietary technology, data analytics and meteorology.

 

We’re different, and we like it that way!

Here at Trailstone, we value our differences. In fact, our success depends upon them.

Differences in backgrounds, identities and experiences lead to differing views of the world. Different world views lead to healthy differences in opinions. Different opinions are essential to creating a robust marketplace of ideas. And it is our ideas that will make Trailstone a market leader in energy innovation and disruption! By our commitment to a diverse and inclusive workforce, Trailstone is creating value for our employees, our investors, and our communities. So regardless of your gender, race, ethnicity, orientation, physical limitations, how you identify, how you pray, who you love, where you went to school, who you consider family, or how old you are… you can belong here!