Oil Settlements Specialist
Macquarie Group
Date: 6 hours ago
City: Calgary, Alberta
Contract type: Full time
Our Oil Trading team in Calgary is looking for a highly successful individual to join our team as an Oil Settlements Specialist. Our desk trades across the entire barrel of oil products with a wide range of customers including producers, refiners, consumers, investors and is focused on growing its customer franchise via participation in both physical and futures markets.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
In this role, you will be responsible for ensuring the accurate and timely settlement of oil trades and transactions. This role involves working closely with traders, brokers, and financial institutions to reconcile discrepancies, manage settlement processes, and ensure compliance with industry regulations. You will manage the end-to-end settlement process for oil trades, including verification, reconciliation, and confirmation of transactions, reconcile trade details with counterparties, brokers, and internal systems to identify and resolve discrepancies and ensure compliance with industry regulations, company policies, and best practices.
What You Offer
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Our commitment to diversity, equity and inclusion
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
In this role, you will be responsible for ensuring the accurate and timely settlement of oil trades and transactions. This role involves working closely with traders, brokers, and financial institutions to reconcile discrepancies, manage settlement processes, and ensure compliance with industry regulations. You will manage the end-to-end settlement process for oil trades, including verification, reconciliation, and confirmation of transactions, reconcile trade details with counterparties, brokers, and internal systems to identify and resolve discrepancies and ensure compliance with industry regulations, company policies, and best practices.
What You Offer
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- A minimum of 3-7 years relevant settlements experience in the Energy sector, focusing on Physical Crude Oil and Refined Products
- Experience with trading platforms and settlement systems is highly desirable.
- Highly motivated individual with a confident and professional attitude, possessing high levels of strong analytical thinking, problem solving skills, and attention to detail
- An entrepreneurial spirit with the ability to work well in a team environment and take direction.
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Our commitment to diversity, equity and inclusion
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
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