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Skills: ISO Settlement Processes, ETRM Systems, Power Market Operations, Settlement Validation, Reconciliation
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$95k–$125k/yr
Full-time
Employee Benefits Package, Discretionary Bonus
Posted 49d ago
Apply by Aug 31
~40 hrs/week
Responsibilities
The analyst serves as the primary contact for ISO operational activities, focusing on settlement validation, reconciliation, and issue resolution. They ensure alignment between ISO data and ETRM systems while supporting daily and weekly settlement cycles.
Requirements
Candidates must have a strong understanding of US power markets and hands-on experience with ISO portals and ETRM systems. Experience with ERCOT is strongly preferred, along with familiarity with bid-to-bill tools and power scheduling workflows.
Full job description
Glencore, headquartered in Baar, Switzerland is one of the world's leading integrated producers and marketers of commodities that industries around the world need. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of metals and minerals, energy products, and agricultural products. We strive to be a reliable and competitive partner in the markets in which we serve and to support our customers and suppliers at each stage of their expansion and development.
Glencore Ltd, a US-based branch of Glencore AG, is a wholly owned subsidiary of Glencore International AG, where it employees approximately 300 people.
Power Market Operations & Settlements Analyst (New York, NY)
Job Description
Act as primary point of contact for ISO operational activities, with a focus on settlement validation, reconciliation, and issue resolution
Validate submitted schedules and confirmed volumes, ensuring consistency with executed trades
Provide weekend coverage as needed for scheduling-related activities to support business and operational requirements
Perform daily, weekly, and ad hoc reconciliation of ISO settlements, including validation of:
Volumes (forecast vs actual vs scheduled)
Prices (RT/DAM components, imbalance charges)
Settlement charges and adjustments
Ensure alignment between ISO data and ETRM:
Update actual quantities
Reconcile positions and settlement outputs
Support daily/weekly ISO settlement cycles and payment readiness
Investigate and resolve settlement discrepancies and resettlements in coordination with ISO, counterparties, and internal teams
Maintain audit-ready documentation and controls across settlement and reconciliation processes
Support gradual improvement of processes, tools, and automation initiatives (ETRM / Bid-to-Bill / ISO integration)
Over time, the role is expected to evolve alongside business expansion, with potential exposure to broader power operations and scheduling activities
Requirements
Strong understanding of US power markets, with emphasis on ISO settlement processes
Hands-on experience with:
ISO portals
Settlement statements and reconciliation
Experience working with ETRM systems
Preferred
Experience in ERCOT (strongly preferred); PJM/MISO a plus
Exposure to ISO Virtual Transactions and Congestion Products
Experience with TriplePoint CXL is a plus
Familiarity with bid-to-bill tools (Adapt2, PCI, OATI, etc.)
Understanding of power scheduling workflows and concepts (volume confirmations, e-tagging)
Exposure to collateral / credit monitoring in ISOs
Experience with FERC and EIA reporting requirements
Compensation
The expected base salary ranges from $95K -$125K. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
Offices: Baarermattstrasse 3, Baar, ZG 6340, CH · 100 King St W, Toronto, ON M5X 2A1, CA · 1 Macquarie Pl, Sydney, NSW 2000, AU · 23 Melrose Blvd, Johannesburg, Gauteng 2196, ZA
EnergyMetals and MineralsAgricultureand Commodity marketingNatural ResourcesService IndustryMiningSustainabilityAgricultureSales
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
Offices: Baarermattstrasse 3, Baar, ZG 6340, CH · 100 King St W, Toronto, ON M5X 2A1, CA · 1 Macquarie Pl, Sydney, NSW 2000, AU · 23 Melrose Blvd, Johannesburg, Gauteng 2196, ZA
EnergyMetals and MineralsAgricultureand Commodity marketingNatural ResourcesService IndustryMiningSustainabilityAgricultureSales