Company Overview:
Hartree Partners is a global energy and commodities firm with an international reputation for integrity. In the ever-evolving Global Energy Industry, Hartree Partners uses decades of experience in the physical and financial energy and commodities markets to explore the opportunities this evolution provides. Hartree assists customers in participating in new markets and navigating their complexities for maximum revenues at minimum risk. The company provides a wide range of services to a substantial and diversified customer base that includes corporations, financial institutions, governments and individuals.
Founded in 1997, the firm is headquartered in New York and today, operates across 18 global offices and employs approximately 800 people in its core trading operations. Together with its affiliates, Hartree employs nearly 1,700 people supporting the firm’s growing strategic asset portfolio to complement its merchant trading capabilities. It is owned by the company’s founding partners, senior staff, and Oaktree Capital.
As the transition from traditional fossil fuels to sustainable fuels accelerates and produces extreme market volatility, Hartree is uniquely positioned to capitalize on opportunities from both a trading and asset investment/acquisition perspective. Hartree operates with major investments in commodities, environmental instruments, asset management, advisory services and infrastructure solutions.
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Job Summary:
This role is responsible for verifying trade details, monitoring pricing, and updating various trading systems with actual movement information, based on supporting documentation received. The ideal candidate will be able to follow instructions accurately, solve problems effectively, and exhibit strong follow-up skills. They must also recognize when to escalate issues and know the appropriate channels for doing so. A proactive mindset is important—candidates should be able to look beyond their immediate tasks, ask relevant questions, and apply sound judgment in decision-making.
Job Responsibilities:
Primary responsibility is to ensure all settlement activities related to trade reconciliation, approval, and payment occur in a timely and accurate manner
Responsible for settlements for multiple ISOs such as ERCOT, ISONE, MISO, NYISO, PJM, SPP, including utilities and various counterpart settlements
Manage and resolve disputes with both internal and external parties on a timely manner
Work with Traders, Middle Office, Accounting and Management on any settlement related inquiries
Ensure correct banking instructions are applied to payments
Validate and enter new SSI into Fenergo with accordance to the approved process.
Create and submit the settlement packets for payment and forecast
Call counterparts to obtain confirmation of daily cash receipts. Follow up on cash fails
Special projects upon request by management
Job Requirements:
Bachelor’s degree in Business, Accounting, or Finance strongly preferred
2–3 years of experience in power settlements is required
Strong analytical and communication skills
Proficiency in Microsoft Excel, including VLOOKUPs, formulas, and pivot tables
Demonstrated sound decision-making ability and capability to work independently with minimal supervision
Flexibility with work hours is essential
Experience with coding is a plus