Full-Time

Senior Business Consultant

Rightangle

Confirmed live in the last 24 hours

ION Group

ION Group

5,001-10,000 employees

Automation technology for financial sector

Enterprise Software
Fintech

Senior

Houston, TX, USA

Position requires onsite presence in Houston, TX.

Category
Management Consulting
Operations Consulting
Consulting
Required Skills
Inventory Management
Requirements
  • Implementation experience is preferred with the RightAngle application, but relevant ETRM background will be considered.
  • Experience required with one or more of the following areas:
  • Accounting: Candidate must have implementation experience with accounting coding and transaction typing, accounts payable/receivables, inventory reconciliation, inventory valuation (WACOG), tax, invoicing templates, pay terms, counterparty set up, accruals, LCM entries, cashflows (cash receipts/disbursements) and aging, derivatives (realized and unrealized). Additionally, the capability to troubleshoot issues and errors is critical.
  • Scheduling: Candidate must have strong knowledge of scheduling concepts in ETRM systems. Implementation experience necessary with transportation (trucks, rail, waterborne, pipeline, product transfers), storage, 3rd party storage, exchanges, and processing (fractionation, blending, and refining), inventory management, position reporting, tariff and fees capture. Specific RightAngle features capabilities a plus including Inventory Workbench, Voyage Workbench, Auto matcher, Over/Under Lift Engine, Volume Caps, Scheduling Workbench, Position reporting, ATM (Asset Transaction Management), Templates (Movement and Order), Order Roll, Scheduling Ob management, provisions, date rules, UOMs, incoterms, book letters, NOS, Lease Crude (Canadian and US), RINS, Volume to Mass conversions/impacts, Supply/Demand reporting.
  • Front Office: Candidate must have strong knowledge of Trading concepts. Capabilities should include experience with both physical (purchases, sales, exchange for physicals (EFP), buy/sells, exchanges, etc.), financial instruments (Futures, Options, OTC Swaps, OTC Options, FX Swaps, Exchange Traded Options, etc.) and master agreements. Knowledge of GT&Cs, contract management, pricing constructs, incoterms, and trade approvals desired. Experience with pricing indices (OPIS, NYMEX, ICE, PLATTS, Argus), price curve capture/interfacing, gravity and quality adjustments, contracts/confirms, credit (netting, collateral, exposure, reporting), RINs, LCFS, proof of sustainability, volume to mass conversions/impacts, inhouse deals/rules, portfolios/strategies, limits, Lease Crude (US and Canadian), and position reporting.
  • Mid Office/Risk: Candidate must have strong knowledge of mid-office and risk concepts. Capabilities should include experience with financial deals (cleared futures and options, OTC swaps, OTC options, FX swaps, etc.), book structure, price curve configuration (calendars, quote periods, delivery periods. Specific RightAngle features capabilities a plus including Price Service Maintenance, Price Curve Maintenance, Curve Calculation Configurations (Forward, Market; Derived), date rules, provisions, default fees, inhouse transactions (inhouse deals, inhouse rules, embedded inhouse provisions; transfer pricing), exposure reporting flat vs basis, decomposition, exposure by day, etc.), MTM reporting, risk limits (position limits, MTM PnLlimits), broker reconciliation, and derivative P&Sing, exchange integration, credit reporting/configuration credit counterparty setup, credit instruments, sub lining, credit check configuration, credit exposure reporting, credit available reporting, etc.), VaR and stress testing, and option valuation
  • Industry: Crude, Lease Crude, NGLs (natural gas liquids), Refined Products, Biofuels, Coal, Airlines, Pipeline Operations, Rack/Retail Business
  • 5+ years of experience in designing, configuring, and troubleshooting Product installations in client environments of experience.
  • Bachelor's degree in one of the following: Finance, Accounting, Engineering, Economics, or a related IT field or equivalent experience in a related field
  • Ability to work as part of a project team structure.
  • Ability to work onsite at client locations.
Responsibilities
  • Provide industry and functional advice and troubleshooting in the discovery workshop, design, implementation, testing, and production support of the Product solution for the client’s business needs.
  • Present the Product solution to client users.
  • Support the deliverables of the Technical Consultants by providing business and functional guidance, review, testing, and validation of scripted solutions (reports, plugins, and interfaces) as directed by Product Manager.
  • Consult with client users to determine business requirements and work processes to be addressed by one or more areas of the Product solution.
  • Demonstrate deep knowledge in one or more areas of Product configuration and in one or more energy commodities.
  • Provide guidance to Business Consultants in one or more functional areas of the Product solution.
  • Assist with professional services best practices as directed by Line Manager.
  • Assume hands-on project implementation duties in all phases of the Product implementation, reporting to the Project Manager.
  • Gather and document business requirements, configuration designs, test plans/results, and any other deliverables required by the project as determined by the Project Manager and Lead Business Consultant.
  • Keep Line Manager and Project Manager(s) informed regarding the status of assigned responsibilities.
  • Adhere to implementation best practices in one or more functional areas of the ION solution in all functional design, specifications, custom coding, unit testing, and other deliverables.
  • Follow ION documentation standards and resolution process flow for all deliverables.
  • Maintain full chargeability on client account(s) as assigned.

ION Group specializes in automation technology tailored for the financial sector, primarily serving institutional clients like investment banks, asset managers, and brokers. The company provides advanced software solutions that enhance trading, processing, and risk management activities in global financial markets. ION's products include sophisticated software platforms and APIs that enable clients to connect seamlessly to various trading venues and exchanges, ensuring efficient and accurate transactions. Unlike many competitors, ION stands out by acquiring entrepreneurial firms, which allows it to remain agile and responsive to market changes. The company's goal is to enhance efficiency and reduce operational risks for its clients through automation and innovative technology.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$426.5M

Headquarters

London, United Kingdom

Founded

1998

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • ION's registration as an algorithmic trading vendor on BSE boosts its market presence.
  • Global M&A recovery suggests increased demand for ION's analytics services.
  • Partnership with Abaxx Exchange expands ION's reach in the energy transition sector.

What critics are saying

  • Emerging fintech startups pose a threat to ION's market share.
  • Rapid technological advancements may outpace ION's integration capabilities.
  • Regulatory changes could increase compliance costs for ION Group.

What makes ION Group unique

  • ION Group specializes in automation technology for the financial sector.
  • The company offers sophisticated software platforms and APIs for seamless trading.
  • ION Group is known for its innovative approach to enhancing efficiency and reducing risks.

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Benefits

Health, dental, and vision insurance

AD&D and disability insurance

Flexible spending account

Health savings account

Life insurance

Mental health care

401K plan

Performance bonus

Supplemental workers' compensation

Family medical leave & parental leave

PTO, paid holidays, sick days, bereavement leave, and volunteer time off

Commuter checks

Company social events

Employee assistance program

Free lunch

mobile phone discount