Jobs at UNIPEC America, Inc. (Now Hiring) — 2 open

Description

The Trade Settlement Analyst is responsible for ensuring the accurate and timely settlement of physical commodity transactions across refined products, marine crude, and pipeline crude. This role manages the end-to-end settlement process, including payment and receivable arrangements, invoice verification, payment planning, and reconciliation of trade-related transactions. The analyst works closely with counterparties, brokers, traders, operators/schedulers, finance, and external vendors to resolve discrepancies, mitigate settlement risks, maintain regulatory compliance, and support operational efficiency for both U.S. Domestic and International trades.

Responsibilities:

• Review and validate invoices received from counterparties, vendors and brokers, ensuring all information is accurately reflected in the system.
• Investigate and resolve discrepancies by coordinating with traders, operators, counterparties, vendors, and brokers.
• Arrange and process all trade-related payments and receivables for physical commodity transactions, ensuring timely and accurate settlement.
• Coordinate and process miscellaneous vendor invoices, including but not limited to inspection, loss control, tank storage, broker and other operational service providers. 
• Prepare daily and monthly payment planning schedules, coordinating with Finance team to ensure adequate cash flow and timely execution of payments.
• Monitor outstanding receivables and follow up with counterparties to ensure timely collections. 
• Develop a strong understanding of commodity markets, counterparties, pricing mechanisms, transportation methods, title transfer risks, and settlement processes.
• Support traders and operators by preparing internal reports, maintaining settlement documents, and providing operational support.
• Ensure all settlements comply with company policies, contractual obligations, and regulatory requirements.
• Perform other duties as assigned. 

Requirements

• Bachelor’s degree in a related field 
• Experience with settlements and trading environment preferred 
• Ideally would have undertaken an internship in a similar role 
• Works well under pressure in a fast-paced environment
• Quick learner and keen to work in a trading environment where high volumes of oil trading 
• Advanced Microsoft Office skills (Word, Excel, PowerPoint, Outlook) 
• Excellent communication 
• Self-starter and proactive 

*This position requires permanent, unconditional authorization to work in the United States as a condition of employment. Eligible candidates are limited to U.S. citizens, U.S. nationals, and lawful permanent residents (green card holders) whose work authorization does not expire, is not subject to renewal, and is not contingent upon any pending application, petition, or adjudication by any government agency. The following do not satisfy this requirement:

• Employment Authorization Documents (EADs) of any kind, including those issued in connection with a pending application for adjustment of status (I-485), Temporary Protected Status (TPS), DACA, or any other pending immigration proceeding;
• Any nonimmigrant visa status, including but not limited to H-1B, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, STEM OPT, or CPT; or
• Any other work authorization that is temporary, conditional, or subject to change based on a government decision. 

The Company does not offer employment-based visa sponsorship of any kind, now or in the future. 

We do not accept unsolicited resumes from third-party recruitment agencies; therefore, we will not pay any fees for resumes submitted.