Manager, Trading Operations & Settlements

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Bloomington, MN, US

2 days ago Requisition

Salary Range: $ To $ Annually

Position

Manager, Trading Operations & Settlements

Location

Bloomington, MN (HQ)

About Us

Geronimo Power develops, owns, and operates large-scale power and affiliated digital infrastructure projects throughout America's Heartland, including solar, wind, energy storage, and powered data parks. As a farmer-founded and community-focused business, Geronimo Power equips landowners and rural communities with sustainable revenue to ignite local economic growth. To learn more about Geronimo Power, visit  or follow the company on Linked In.

About This Role

Geronimo Power continues to grow at a rapid rate and is creating a dedicated Trading Operations & Settlements function to support the scale, complexity, and control requirements of its expanding energy trading platform. Reporting to the Controller, the Manager, Trading Operations & Settlements will help build this function within Accounting, improving current-state handoffs between Trading, Risk Management, Asset Management, Accounting, and Compliance while establishing disciplined processes, reliable settlement and billing workflows, and management‑ready reporting.

This role is ideal for a hands‑on leader who can design scalable operating routines, strengthen controls, partner across commercial and finance teams, and bring structure to a growing trading environment. The Manager will serve as a key functional owner for settlement operations, billing and invoice validation, credit, and collateral processes, ETRM workflow readiness, environmental product activity, and reporting governance.

Responsibilities

• Build and lead the Trading Operations & Settlement function within Accounting, creating the processes, controls, documentation, and reporting routines needed to support a growing trading desk.
• Improve current‑state handoffs between Trading, Risk Management, Asset Management, Accounting, and Compliance by defining clear workflows, ownership, escalation paths, and close timelines.
• Lead shadow settlements, invoice validation, dispute management, billing support, and payment coordination to ensure trading activity is settled and allocated accurately for the month‑end close.
• Own the monthly true‑up to daily P&L reported by Risk Management and ensure variances, exceptions, and adjustments are documented and escalated appropriately.
• Partner with Accounting on accruals, cash forecasting, collateral calls, liquidity planning, audit support, and other financial reporting requirements related to trading activity.
• Support counter party credit and collateral management processes, including exposure tracking, collateral requirements, credit support documentation, margin/collateral call coordination, and escalation of material exposure or liquidity changes.
• Manage REC registry and environmental product activities, including certificate transfers, retirements, reconciliations, inventory tracking, and related billing or settlement requirements.
• Serve as a key business owner for ETRM workflows and future system enhancements, helping further automate billing and settlement activities, trade capture controls, credit and collateral workflows, environmental product tracking, and allocation of P&L.
• Establish procedures, metrics, and governance routines for settlement operations, billing processes, exception management, internal controls, registry activity, and management reporting.
• Prepare recurring management‑ready reporting on settlement status, billing completeness, open disputes, exposure/collateral items, registry activity, close deadlines, and key operational risks.
• Support internal control readiness, audit requests, documentation standards, and process improvement initiatives connected to trading activity and month‑end close.

What You’ll Bring

Experience & Education

• Bachelor’s degree in Accounting, Finance, Economics, Business, Energy Management, or related field.
• 7+ years of experience in energy trading…