(Senior) Trade Operations Specialist

(Senior) Trade Operations Specialist

Northpool

Leiden, Netherlands

GRASP THE OPPORTUNITY

As a (Senior) Trade Operations Specialist, you will closely collaborate with both our Front Office (Northpool’s traders) as well as our Finance and support teams, where you are expected to ensure smooth operation of all post-trade execution processes.

Your main objective is to take control of the processes that take care of all “post-trade” processing. These are all the steps involved in a trade, from the point of trade execution and capture, all the way through to the settlement of the trade. You are the bridge between the business and the developers implementing your requirements in code, and you are the main contact for our external service providers in post-trade processes.

You will take the lead in gathering requirements from both Front- and Backoffice and will work closely together with the Software Developers in the team to implement and improve post-trade processing. The final goal is to fully facilitate all post-trade processes in a seamless and highly efficient operational landscape.

Your goal? Know the ins and outs of all processes involved in the trade lifecycle. You know exactly how a single trade affects the numbers in a management report. You are able to quickly pinpoint the cause of issues in one of the related processes and resolve them quickly. And you can look forward, plan, and execute future implementations that drive Northpool’s business expansion. All in all ensure smooth and continuous operations for our traders and Finance departments.

Your challenge? Help us to enhance our trade management to operate best of class.

Key Responsibilities

The primary responsibility is the operation of all post-trade processes at Northpool. This includes the following topics:

• Trade Capture & Validation:
  • Validate incoming trade and price data into trading systems, ensuring accuracy and completeness.
  • Reconcile trade entries between front office systems and back-office records.
  • Play an active role in cross-departmental initiatives like onboarding new trading products.
• Trade Lifecycle Management:
  • Monitor and manage the end-to-end trade lifecycle, including deal confirmation, allocation, scheduling, invoicing, and settlement processes.
  • Optimization and streamlining of post-trade processes to enable scaling.
• Confirmations & Settlements:
  • Generate and send trade confirmations to counterparties.
  • Follow up to ensure timely receipt and matching of confirmations.
  • Resolve discrepancies in coordination with counterparties and internal stakeholders.
• Operational Support:
  • Assist with daily position, P&L, and exposure reconciliation.
  • Support compliance and audit requirements through accurate record-keeping and reporting.
• System & Process Improvement:
  • Identify and recommend process improvements to enhance operational efficiency and reduce risk.
  • Contribute to system upgrades, user testing, and automation initiatives.
  • Closely collaborating with both Front- and Backoffice teams as well as the finance teams.

What we ask:

• A relevant bachelor's or master's degree.
• At least 5 years of relevant work experience, preferably with ETRM systems.
• The ability to speak and write clear and fluent English.
• Good social and communication skills.
• Strong desire to work in a fast-paced environment.
• A keen eye for detail.
• The ability to take ownership.

What we like:

• Experience with post-trade processes.
• Curiosity about and preferably experience with Energy markets.
• A problem-solving attitude.
• The ability to learn fast.
• Proactive thinking.