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.