Trading Back Office Analyst, Warsaw
- An exciting opportunity awaits in Warsaw, Poland, for a skilled Commodity Trade Settlement Specialist.
- This role focuses on contributing "with your knowledge and experience in the settlement and invoicing of our commodity trades in different markets." You'll also be involved in "data...
- You will be part of the Global Revenue Services/Trading Back office, specifically within the Service Delivery TBO, Europe team.As a member of the team in Warsaw, you will...
Shape the Future: Commodity Trade Settlement Specialist Possibility in Warsaw
Table of Contents
- Shape the Future: Commodity Trade Settlement Specialist Possibility in Warsaw
- commodity Trade Settlement Specialist Prospect in Warsaw: Your Questions Answered
- What is a Commodity Trade Settlement Specialist?
- What does a Commodity Trade Settlement Specialist do?
- What qualifications are needed for this role?
- were is this position located?
- Is this a remote position?
- What is the employment type for this role?
- What is the application deadline?
- What employee benefits does Ørsted Poland offer?
- What is the role of the Global revenue Services team?
- What is OTC commodity trading?
- What is SAP and why is experience with it beneficial?
- What is openlink Endur and why is experience with it beneficial?
- Key Details At-A-Glance
- How can I apply for this position?
An exciting opportunity awaits in Warsaw, Poland, for a skilled Commodity Trade Settlement Specialist. This full-time, permanent position, with a hybrid (office and home-working) arrangement, offers the chance to contribute to a world-leading enduring company. The application deadline is March 30, 2025, at 00:59 CEST.
Job Overview
This role focuses on contributing “with your knowledge and experience in the settlement and invoicing of our commodity trades in different markets.” You’ll also be involved in “data validation, data reconciliation, and data issue examination.”
Key Details
- Application Deadline: March 30, 2025, 00:59 CEST
- Country: Poland
- Location: Warsaw
- Workplace: Hybrid (office and home-working)
- Working Hours: Full-time
- Employment Type: Permanent
- Legal Entity: Orsted Poland
Employee Benefits
The company offers a comprehensive benefits package, including:
- Attractive parental leave package
- Psychological support with free consultations with professional therapists
- Private health insurance for you and your family
- Access to MyBenefit Cafeteria benefit platform and multisport card
Role in Global Revenue Services
You will be part of the Global Revenue Services/Trading Back office, specifically within the Service Delivery TBO, Europe team.As a member of the team in Warsaw, you will collaborate with colleagues across multiple locations to “support our market trading business and secure correct transaction processing and timely cashflow settlement, in line with the regulations.” The team emphasizes collaboration, curiosity, and continuous learning, making decisions together and sharing knowledge.
Responsibilities
As a Commodity Trade Settlement Specialist, you will play a crucial role in:
- Ensuring correct settlement and invoicing for OTC commodity trades, including power, gas, CO2, and green certificates, ensuring accurate and timely generation of invoices for counterparties.
- Preparing and executing data reconciliation for settlement processes.
- Investigating issues and discrepancies between Energy Trading and Risk Management system and an accounting system (SAP).
- Ensuring accuracy of financial transactions as a part of Month End Close process.
- Supporting growth and optimisation of the processes, including contributing to optimising the supporting IT systems.
Qualifications
To succeed in this role, you shoudl possess:
- A bachelor’s or a master’s degree in economics, finance, business administration, or similar.
- Preferably experience working in a trading back office role within a financial institution,with a focus on invoicing and settlement in OTC markets.
- Experience with Excel and preferably with SAP or/and Openlink Endur (or other ETRM system).
- A proactive and systematic approach to your work tasks.
- Excellent analytical skills with the ability to identify and resolve invoicing and settlement discrepancies efficiently.
Even if your skills don’t perfectly align with every point, the company encourages you to apply if you believe you can contribute to the team.
Shape the future
Don’t miss this opportunity to shape the future with a leading sustainable company. Submit your application as soon as possible. The company will conduct interviews on a continuous basis and reserves the right to close the advert early upon finding the right candidate.
Reasonable work and position accommodation or adjustments can be requested via accommodation@orsted.com.
commodity Trade Settlement Specialist Prospect in Warsaw: Your Questions Answered
Are you considering a career as a Commodity Trade settlement Specialist in Warsaw? This Q&A provides detailed insights into an exciting opportunity with Ørsted Poland, a leading sustainable energy company.
What is a Commodity Trade Settlement Specialist?
A Commodity Trade Settlement Specialist ensures the accurate and timely settlement of commodity trades, including power, gas, CO2, and green certificates. This involves invoicing, data reconciliation, and investigating discrepancies between trading systems and accounting systems like SAP.
What does a Commodity Trade Settlement Specialist do?
As a Commodity Trade Settlement Specialist, you will:
- Ensure correct settlement and invoicing for OTC commodity trades.
- Prepare and execute data reconciliation for settlement processes.
- Investigate issues between Energy Trading and Risk Management systems and accounting systems (SAP).
- Ensure the accuracy of financial transactions during the Month End Close process.
- Support growth and optimization of processes, including IT systems improvements.
What qualifications are needed for this role?
To be a accomplished Commodity Trade Settlement Specialist, you generally need:
- A bachelor’s or master’s degree in economics, finance, business administration, or a related field.
- Experience in a trading back office role,especially with invoicing and settlement in OTC markets.
- Proficiency in Excel and familiarity with SAP or other ETRM systems like Openlink Endur.
- Strong analytical skills and a proactive approach to problem-solving.
were is this position located?
This position is located in Warsaw, Poland, at Ørsted Poland.
Is this a remote position?
No, this is a hybrid position, meaning you will work both in the office and from home.
What is the employment type for this role?
This is a full-time,permanent position.
What is the application deadline?
The application deadline is March 30, 2025, at 00:59 CEST.
What employee benefits does Ørsted Poland offer?
Ørsted Poland provides a thorough benefits package, including:
- Attractive parental leave package.
- Psychological support with free consultations with professional therapists.
- Private health insurance for you and your family.
- Access to a MyBenefit Cafeteria benefit platform and multisport card.
What is the role of the Global revenue Services team?
The Global Revenue Services/Trading Back office, specifically within the Service Delivery TBO, Europe team, supports the market trading business by ensuring correct transaction processing and timely cash flow settlement, in line with regulations. The team emphasizes collaboration, curiosity, continuous learning, and shared decision-making.
What is OTC commodity trading?
OTC (Over-The-Counter) commodity trading refers to trading commodities directly between two parties, without going through a centralized exchange. This includes trades in power, gas, CO2 emissions permits, and green certificates. These transactions are tailored to the specific needs of the parties involved, allowing for greater flexibility in terms of contract terms, volumes, and delivery points.
What is SAP and why is experience with it beneficial?
SAP (systems, Applications & Products in Data Processing) is a widely-used Enterprise Resource Planning (ERP) software that integrates various business functions, such as finance, controlling, and supply chain management. Experience with SAP is highly beneficial for a Commodity Trade Settlement Specialist because:
- Streamlined Processes: SAP automates and streamlines many of the processes involved in trade settlement, such as invoice processing, reconciliation, and financial reporting.
- Data Accuracy: SAP provides a centralized platform for managing data,which helps to ensure accuracy and consistency across the organization.This reduces the risk of errors and discrepancies in trade settlements.
- Reporting Capabilities: SAP offers robust reporting capabilities, allowing you to generate detailed reports on trade volumes, revenue, and other key performance indicators. This data can be used to identify trends, improve decision-making, and ensure compliance with regulatory requirements.
What is openlink Endur and why is experience with it beneficial?
Openlink Endur (now ION Allegro) is a leading Energy Trading and Risk Management (ETRM) system used by companies in the energy and commodities industries. Experience with Openlink Endur is valuable for a Commodity Trade Settlement Specialist because:
- Trade management: Openlink Endur provides comprehensive trade management capabilities, from deal capture to settlement. This includes features for managing trade confirmations, invoices, and payments.
- Risk Management: Openlink Endur helps companies manage their exposure to price volatility and other risks associated with commodity trading. It provides tools for modeling and analyzing risk, as well as for hedging against potential losses.
- Integration: Openlink Endur integrates with other systems commonly used in the energy and commodities industries, such as SAP and other accounting systems.This helps to streamline data flows and improve overall efficiency.
Key Details At-A-Glance
| Detail | Information |
|---|---|
| Position | Commodity Trade Settlement Specialist |
| Location | Warsaw, Poland |
| Company | Ørsted Poland |
| Deadline | March 30, 2025, 00:59 CEST |
| Workplace | Hybrid (office and home-working) |
| Employment | Full-time, Permanent |
How can I apply for this position?
Submit your application quickly as the company conducts interviews on a continuous basis and may close the advert early upon finding the right candidate.You can also request reasonable work and position accommodation or adjustments via accommodation@orsted.com.
