Settlements Specialist- Melbourne Or Morwell
vor 2 Wochen
Settlements Specialist - Melbourne or Morwell Location : Melbourne/Morwell
Job Type : Full Time / on-going
Organisation : SEC
Become part of the solution to climate change, accelerating Victoria's renewable energy transition.
Join a 'for purpose' government-owned energy company that empowers its people to make a difference.
Enjoy competitive pay and flexible work/life balance.
Your role
As a Settlements Specialist , you will take ownership of managing the settlements function to ensure timely and accurate financial commitments.
In this role, you will collaborate closely with Trading and Risk teams, supporting their operations while ensuring compliance with internal processes and market best practices.
You will also play a key role in maintaining an efficient month-end process, delivering high-quality information for accurate financial reporting.
This role can be based in either our Melbourne CBD office or our regional office located in Morwell .
What you will do
Wholesale Trading Settlements: Oversee the entire settlements process, ensuring all transactions are managed efficiently.
This includes verifying energy deals, preparing and reconciling settlement amounts, and ensuring the timely settlement of weekly and monthly energy-related transactions.
AEMO Prudential & ASX Margining: Calculate, forecast, and execute AEMO prudential requirements for retail operations while assisting with ASX margining validation.
Compliance: Identify, monitor, and mitigate operational risks in the settlements function by implementing and documenting effective internal controls.
Systems & Procedures Development: Lead ongoing assessment and enhancement of settlement systems, processes, and procedures.
Relationship Management: Foster strong relationships with internal and external stakeholders, maintaining high levels of professionalism and communication.
Who you are
Your capabilities and areas of expertise that matter most for this role are:
In-depth knowledge of financial markets, settlement processes, and derivatives, including energy PPAs, environmental products, ASX electricity futures, and OTC trades.
Strong analytical and problem-solving skills, with a keen attention to detail.
Ability to plan, organise, and prioritise tasks effectively within deadlines.
Understanding of basic accounting principles.
A degree in Accounting, Economics, Finance, or equivalent.
Highly Desirable
A self-starter who takes personal accountability and ownership of your work, delivering quality results.
A collaborative team player who excels in a team-based environment.
How to Apply
We strongly encourage applications from Aboriginal and Torres Strait Islander people.
We are also deeply committed to building an inclusive workplace that embraces diversity.
Confidence can sometimes hold us back from applying for a job, but we recognise that there's no such thing as a 'perfect' candidate.
At the SEC, we offer more than a job.
Please apply if this is a role that excites you.
For further information and to explore this opportunity further please contact (email protected)
Applications close on C.O.B of Wednesday 23 October 2024.
Other things to know
Applicants must be an Australian citizen, permanent resident or hold a valid work permit to be eligible to apply.
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