Commodity Confirmations

Commodity Confirmations Specialist Job Description The Commodity Confirmations Specialist supports the end-to-end confirmations process for physical and financial commodity transactions, with a focus on energy products. This role reconciles trade data across multiple systems, coordinates with internal stakeholders to resolve discrepancies, and ensures timely and accurate confirmations with brokers and counterparties. The position requires strong attention to detail, familiarity with energy trading environments, and the ability to manage a high volume of confirmations and related reporting activities. Responsibilities Assist with the negotiation and resolution of physical and financial trade entry disputes in coordination with Contract Administration, Front Office, Legal, Risk Control, Risk Analysis, and other internal departments. Manage and organize the confirmations Outlook inbox on a daily basis, ensuring timely responses and follow-up on all items. Reconcile broker confirmations to the risk management system, ensuring that all trades are accurately captured and recorded. Reconcile FCM exchange trades to the risk management system and investigate any discrepancies. Reconcile counterparty transactions via eConfirm, OATI, and OASIS website entries to the risk management system. Support financial transactions related to trade reporting processes, ensuring accuracy and compliance with internal procedures. Create and deliver daily internal confirmations to counterparties, ensuring completeness and accuracy of trade details. Ensure all confirmations are sent, received, and returned in accordance with established company procedures and timelines. Review and execute daily counterparty confirmations received, verifying that trade terms match internal records. Identify, investigate, and correct trade discrepancies between broker, counterparty, and exchange confirmations. Generate and reconcile daily status reports and queries for management, providing clear updates on the status of key checkout processes. Prepare and support various monthly reports related to confirmations, trade status, and reconciliation activities. Maintain electronic filing of confirmations and related documentation in an organized and auditable manner. Analyze trade updates and controls for all trades created by Contracts Trade conveyance processes, including changes related to name changes, mergers, and acquisitions. Handle internal and external audit requests by providing accurate confirmations data, documentation, and explanations of processes. Collaborate with cross-functional teams to improve confirmations workflows, controls, and system usage. Perform other duties and projects as assigned to support the broader trading and risk management functions. Essential Skills Proven experience working with trade confirmations, preferably in the energy commodities sector. Strong understanding of physical and financial commodity transactions and related confirmations processes. Demonstrated ability to reconcile broker, exchange, and counterparty confirmations to a risk management system. Proficiency using email and productivity tools, including managing a high-volume Outlook inbox. Strong analytical and problem-solving skills with the ability to identify and resolve trade discrepancies. High level of attention to detail and accuracy when reviewing trade data and confirmations. Ability to manage multiple tasks, priorities, and deadlines in a fast-paced trading environment. Effective written and verbal communication skills for coordinating with internal teams and external counterparties. Bachelor's degree. Additional Skills & Qualifications Experience in an energy trading environment or with energy commodities is highly desirable. Familiarity with Allegro or Horizon ETRM systems is a plus. Experience working with eConfirm, OATI, and OASIS platforms is beneficial. Prior exposure to audit processes and documentation related to trading or risk management is advantageous. S…

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