Settlements Analyst

Role Overview

The Settlement Analyst is responsible for executing physical OTC settlement activities across multiple products and trading regions. This role ensures timely, accurate verification of trade details, pricing, and settlement data while maintaining strong operational controls. The analyst serves as a subject-matter expert within the Settlements team and is expected to provide guidance, drive issue resolution, and identify opportunities to enhance processes and systems.

The successful candidate demonstrates sound judgment, strong analytical ability, proactive problem-solving skills, and the capability to operate independently in a fast-paced trading environment.

Position Title: Settlements Analyst

Business area: Corporate Services

Function: Operations – Settlements

Location: London, United Kingdom

Position Type: Full-time

Schedule: Hybrid

Business Overview

Hartree Partners, LP is a leading global merchant commodities firm facilitating the flow of energy, metals, agriculture, and environmental products across the full commodity supply chain, connecting producers and consumers. Hartree was founded in 1997, is jointly owned by senior management and funds managed by Oaktree Capital Management, LP, and employs over 5,000 individuals worldwide.

Hartree is uniquely positioned to capitalize on opportunities across a diversified set of commodities businesses with focus on trading, asset investments, risk management and advisory services. These businesses are supported by a centralized operating model including risk, technology, operations, finance, HR, legal and compliance, ensuring strong governance and effective execution.

As a growing and evolving firm, Hartree continues to expand its commercial footprint, invest in new assets, and build new capabilities to meet emerging market opportunities. This growth mindset shapes our culture and attracts people who want to innovate, build, and drive meaningful impact.

Key Accountabilities

• Act as a point of contact for Schedulers, Traders and Middle Office to ensure trade accuracy, timely product movement confirmations, and swift resolution of discrepancies.
• Review and process invoices for payment and receipt, ensuring compliance with internal policies and control standards.
• Perform pricing validation, settlement calculations, and issuance of provisional and final invoices.
• Ensure correct banking and settlement instructions; support the verification and onboarding of new SSIs in Fenergo.
• Prepare settlement packets for payment processing and cash forecasting, ensuring completeness and accuracy.
• Monitor and confirm daily cash movements with counterparties; investigate and resolve cash breaks and settlement failures.
• Execute complex OTC settlement analysis, including reconciliation, invoice generation and settlement confirmations.
• Process FX settlements as required.
• Identify process improvement initiatives; contribute to automation efforts and support system enhancement testing.
• Participate in and occasionally lead special projects, including new product onboarding.

Skills and Experience

• Bachelor’s degree. Business, Accounting, or Finance degree highly preferred.
• Minimum 2-3 years of experience in settlements, preferably within commodities.
• Strong analytical, communication, and stakeholder-management skills, with the ability to collaborate effectively across departments.
• Proficient in Microsoft Excel (v-look ups, formulas, pivot tables).
• Sound decision-making skills and the ability to work with little supervision.
• Flexibility to adapt to changing priorities and work hours to support global trading operations.
• Coding or scripting experience (e.g., Python, SQL, VBA) is a plus.

We recognise that talent comes in many forms, and we value potential just as much as experience. If this role excites you but you don’t meet every requirement, we still encourage you to apply.

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer a competitive salary and benefits, combined with outstanding career development opportunities at one of the global leaders in commodity trading.

Our Values

Integrity, Collaboration, Entrepreneurship

Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence how we communicate and collaborate, and how we engage with our clients, partners, and communities.

Our Commitment

We are committed to maintaining a work environment where all employees are treated with dignity and respect. We provide equal opportunities to all qualified applicants without regard to race, colour, sex, gender, age, religion, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender identity or expression, genetic information or any other characteristic protected by applicable law.

We are willing to make any reasonable adjustments throughout our recruitment process.

We are not accepting unsolicited CV/resume’s from recruitment or search agencies for this vacancy. Any CVs/resume’s submitted without a prior agreement in place with our talent acquisition team will be considered the property of Hartree, and no fees will be paid