Settlements Operator (Paper), Asia

Mercuria is a significant participant in the Physical and Financial Global Commodity markets, with major trading centres in London, Geneva, Houston, Singapore, Shanghai and Beijing. We actively trade in all the main commodity asset classes, from Crude and Refined oil products to power & gas, LNG, coal and emissions, through to freight, metals, and agricultural products.

This role sits within Asia-Pacific Financial Operations. The successful candidate will be responsible for the accurate reconciliation and settlement of trades across Mercuria’s global portfolio, spanning a full range of asset classes including, but not limited to, Oil (Brent, Gasoil, Fuel Oil, and other components), Gas, LNG, Power, and Metals. The role encompasses the complete settlement lifecycle, including trade data reconciliation, confirmation, invoicing, payment processing, and issue resolution with counterparties.

Key Responsibilities

• Perform timely and accurate settlement of trades across Mercuria’s full product portfolio, with strong coverage of Oil (Brent, Gasoil, Fuel Oil, and other components), Gas, LNG, Power, Metals, and Derivatives
• Ensure reconciliation of trade details between counterparties and internal systems, resolving discrepancies promptly
• Manage the full settlement lifecycle, including confirmation, invoicing, cash flow allocation, and payment processing
• Collaborate closely with internal teams such as Middle Office, Traders, Accounting, Controllers, IT, and other Operations units to ensure seamless settlement operations
• Support daily settlement activities across commodities, FX, interest rate swaps, asset loans, and other financial/physical products
• Provide clear and consistent communication with external counterparties to resolve settlement queries efficiently
• Deliver regular updates to management on settlement activity, outstanding issues, and key metrics
• Identify opportunities to strengthen controls, streamline settlement processes, and enhance automation across products
• Take ownership of process improvement initiatives and contribute to the development of best practices in settlement operations
• Crosstrain across different product lines within Mercuria’s global settlement framework to support a flexible and resilient team

Requirements

• Fresh graduates with Degree in Business will be considered
• Strong attention to detail and accuracy
• Proficient in handling and analyzing large datasets
• Demonstrates ownership and commitment to seeing issues through to resolution
• Ability to meet tight deadlines and manage multiple priorities
• Self-motivated and able to work both independently and as part of a team
• Operational risk awareness
• Strong time management, and prioritization skills
• Excellent numerical and analytical capabilities
• Proficiency in Microsoft Excel
• Prior experience in PPA settlements is preferred
• 2 years’ working experience

Advantageous

• Experience with ICTS or other commodity risk systems
• VBA or Python coding knowledge is a plus

Job details

Location: Singapore

Department: Physical Operations

Posted on: 06th October 2025

Apply now

We regret that only shortlisted candidates will be notified.