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Power Settlements Jobs (NOW HIRING)

Work with Power Settlements and Risk to reconcile customer and Shell Energy's trade activity to invoices and Shell Energy's trade capture system to ensure correct and timely PNL reporting and cash ...

Through our Oil & Petroleum Products, Gas and Power, Bulk and Metals and Minerals commercial ... Ensures timely and accurate scheduling, nominations, and settlements in line with market rules and ...

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Power Settlements information

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$46

How much do power settlements jobs pay per hour?

As of Jun 26, 2026, the average hourly pay for power settlements in the United States is $24.51, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $28.37 per hour, depending on experience, location, and employer.

What are some common challenges faced in a Power Settlements role, and how can new team members prepare to overcome them?

Professionals in Power Settlements often face challenges related to managing large volumes of transactional data and ensuring accuracy in settlement calculations within tight deadlines. New team members can prepare by becoming proficient with industry-standard software, familiarizing themselves with ISO/RTO rules, and developing strong attention to detail. Effective communication with trading, risk, and accounting teams is also crucial, as discrepancies must often be resolved collaboratively. Staying organized and seeking mentorship from experienced colleagues can help new hires adapt quickly and contribute confidently.

What are the key skills and qualifications needed to thrive in Power Settlements, and why are they important?

To thrive in Power Settlements, you need strong analytical skills, attention to detail, and a solid understanding of electricity markets, typically supported by a degree in finance, economics, engineering, or a related field. Proficiency with settlement software (such as OATI or PCI), Excel, data analysis tools, and familiarity with ISO/RTO systems is often required. Excellent problem-solving abilities, communication skills, and the ability to work under tight deadlines are essential soft skills in this role. These competencies ensure accurate market settlements, minimize financial risks, and support regulatory compliance in the dynamic energy sector.

What are Power Settlements?

Power Settlements refer to the financial process of reconciling and finalizing the payments between parties involved in the wholesale electricity market. This involves calculating the differences between scheduled and actual electricity deliveries, determining market prices, and ensuring that all market participants are compensated or charged appropriately. Professionals working in power settlements handle large volumes of data, resolve discrepancies, and ensure compliance with market rules and regulations. Their work is crucial to maintaining transparency and reliability in the energy market.

What is the difference between Power Settlements vs Power Traders?

AspectPower SettlementsPower Traders
CredentialsOften require degrees in finance, economics, or energy managementSimilar credentials, with additional emphasis on market analysis skills
Work EnvironmentTypically office-based, focused on data analysis and transaction processingOffice or trading floor, involving market monitoring and decision-making
Industry UsageUsed in energy companies, utilities, and trading firms for transaction settlementCommon in trading firms, energy markets, and financial institutions
Primary FocusEnsuring accurate financial settlement of energy transactionsBuying and selling energy commodities to maximize profit

Power Settlements professionals focus on the financial and administrative aspects of energy transactions, ensuring accurate settlement and compliance. Power Traders actively buy and sell energy to capitalize on market movements. While both roles require knowledge of energy markets, Power Traders are more market-driven, whereas Power Settlements concentrate on transaction accuracy and record-keeping.

More about Power Settlements jobs
What cities are hiring for Power Settlements jobs? Cities with the most Power Settlements job openings:
What states have the most Power Settlements jobs? States with the most job openings for Power Settlements jobs include:
Infographic showing various Power Settlements job openings in the United States as of June 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $50,977 per year, or $24.5 per hour.

Natural Gas Settlements Specialist, North America

Trafigura

Houston, TX

Full-time

Posted 4 days ago


Job description

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Oil & Petroleum Products, Gas and Power, Bulk and Metals and Minerals commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are committed to responsible business practices and believe that the supply of energy and raw materials is essential for growth, development and prosperity. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. And we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world - from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 13,000 people working in 48 countries.

Main Purpose

The primary purpose of this role is to serve as the Natural Gas Settlements Subject Matter Expert (SME) and primary point of contact for the accurate, timely, and compliant settlement of physical and financial natural gas transactions. Acting as the key interface between Settlements, Scheduling, Operations and Trading, this role drives the resolution of complex settlement, volumetric, pricing, inventory, and imbalance issues through independent analysis and cross-functional collaboration. Leveraging deep knowledge of U.S. natural gas markets, pipeline operations, and commercial agreements, the position ensures settlement integrity, minimizes operational risk, and supports continuous process improvement across the value chain.

Key Responsibilities

  • Serve as the Natural Gas Settlements SME and primary escalation point for complex settlement matters.

  • Ensure the accurate, timely, and compliant settlement of physical and financial natural gas transactions.

  • Investigate and resolve complex volumetric, pricing, inventory, imbalance, and settlement discrepancies.

  • Reconcile settlement data across contracts, counterparties, pipelines, scheduling systems, and ETRM platforms.

  • Act as the primary interface between Settlements, Scheduling, Risk, Accounting, and Trading for settlement-related matters.

  • Develop a strong understanding of new transactions and commercial structures to ensure settlement readiness and accurate downstream processing.

  • Resolve settlement exceptions independently, escalating to Trading only when commercial decisions are required.

  • Manage cash settlement activities and support month-end close, accruals, and account reconciliations.

  • Maintain robust controls, supporting documentation, and audit records.

  • Identify and implement process improvements, automation opportunities, and system enhancements.

  • Promote knowledge sharing and best practices across the team.

Abilities, Experience and Qualifications:

  • Bachelor's degree.

  • Significant experience in U.S. natural gas settlements, scheduling, or commodity trading support.

  • Strong understanding of physical gas markets, pricing mechanisms, pipeline operations, storage and settlement processes.

  • Knowledge of nominations, scheduling, tariffs, transportation agreements, and NAESB standards.

  • Proven ability to independently analyse and resolve complex settlement and reconciliation issues.

  • Experience partnering effectively with Trading, Scheduling, Risk, and Finance teams.

  • Strong analytical, problem-solving, and stakeholder management skills.

  • Experience with Allegro ETRM or similar commodity trading systems preferred.

  • Demonstrated commitment to process improvement, controls, and operational excellence, leveraging IT tools to drive process efficiency.

  • Excellent written and verbal communication skills and ability to perform effectively in a fast-paced trading environment with minimal supervision.

Key Relations and Reporting Structure

  • Trading, Risk, Scheduling, Treasury, Trade Finance, Credits, Accounting and Senior Management.

  • External counterparties

Equal Opportunity Employer

We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.