Trading Control Analyst

POSTED ON 11/21/2021 CLOSED ON 12/20/2021
ACES Hired Organization Address Benson, AZ Full Time

Job Posting for Trading Control Analyst at ACES

This position is responsible for maintaining a sound trading control environment.

REQUIRED QUALIFICATIONS

  • 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.

RESPONSIBILITIES

  • 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

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • 8 hour shift

Supplemental Pay:

  • Bonus pay

Ability to commute/relocate:

  • Benson, AZ 85602: Reliably commute or planning to relocate before starting work (Preferred)

Work Location: One location

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