This position is responsible for maintaining a sound trading control environment.
Bachelor’s Degree in an appropriate discipline or 3 years of work experience in related area.
Minimum of 2 years in the utility/power marketing or related areas.
Strong verbal and written communications skills and attention to detail.
Strong analytical, research, organizational, and interpersonal skills.
Solid aptitude for math, accounting, finance, auditing, and market economics.
Strong working knowledge of computer/PC and various software, especially the risk system and associated reporting tools.
Advanced knowledge of MS Excel – writing macros, functions and formulas.
Working knowledge of MS Access.
Strong analytical report writing skills.
Must be able to effectively follow through on projects and duties.
Ability to identify and solve problems
Ability to make decisions and prioritize their resolution.
Ability to identify and mitigate risk.
Must possess sound business judgment and professional skepticism.
Must be innovative, self-motivated, proactive, and work without constant supervision.
Must be able to manage and complete several projects simultaneously.
Must be a team player that is also capable of leading a team.
Ensures the accuracy and integrity of the data in the risk management systems by performing various reconciliations and reports errors accordingly.
Monitors transaction requests received from members and customers.
Assists in maintaining the integrity of the voice recording system, ensuring that all applicable devices are recorded and available for retrieval.
Monitors trader compliance with established trading authority limits and maintains records of approval documentation.
Monitors time parameters and price triggers on transaction requests.
Assists the settlements group with reconciliation by retrieving voice recordings and investigating discrepancies.
Assists with the SOC 1 Review by complying with auditors’ requests.
Develops and updates Trading Control desk procedures.
Ensures settlement indices are loaded into the risk system accurately and timely.
Reviews external confirmation letters and broker reports for accuracy.
Monitors transactions executed by ACES traders and clients, as requested, for execution at fair market value.
Develops or improves reports or queries as necessary to aid in trade review, limits monitoring, and data retrieval.
Captures transactions executed by ACES’ clients in the risk management system and updates as needed.
Assists in training Trading Control and Front Office personnel and associates.
Assists with the implementation of new clients, services, markets, or commodities.
Assists with the implementation of new systems or processes related to trade execution, deal capture, deal validation, or transaction reporting.
Reconciles transactions executed between members and customers to ensure accurate accounting.
Generates daily and monthly reports as needed and provides to appropriate client or internal personnel.
Promptly reports trading authority policy and/or operational exceptions to Trading Control management.
Reviews and analyzes current Trading Control processes for areas of improvement. Utilizes the available tools such as Access or ACES risk system to automated processes to increase effectiveness and efficiency.
Assists in monitoring procedures and data in the risk system to ensure compliance with Dodd Frank reporting and recordkeeping requirements.
Participates as an active member of the Business Continuity Team.
Works closely with Trading Control staff and Trading Control Management and functions as a backup as necessary.
Participates as an active team member by attending meetings, showing respect for co-workers, encouraging feedback, contributing insights and opinions, and reflecting a positive work ethic.
Will adhere to all ACES corporate policies and comply with all ACES regulatory requirements, including but not limited to NERC, FERC, and relevant state regulations, as applicable to this position.
Any additional responsibilities assigned by management.
Job Type: Full-time
Pay: From $60,000.00 per year
Employee assistance program
Flexible spending account
Health savings account
Paid time off
8 hour shift
Ability to commute/relocate:
Benson, AZ 85602: Reliably commute or planning to relocate before starting work (Preferred)