At a Glance
- Tasks: Support compliance framework and conduct third-party due diligence in a dynamic oil and gas company.
- Company: Assala Energy, a forward-thinking Oil and Gas Exploration and Production company.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Opportunity for occasional travel to Gabon and involvement in key compliance initiatives.
- Why this job: Join a collaborative team and make a real impact on compliance and governance.
- Qualifications: Degree in law or related field; experience with third-party due diligence preferred.
The predicted salary is between 45000 - 55000 £ per year.
Assala Energy is a dynamic Oil and Gas Exploration and Production company committed to the sustainable development of its assets in Gabon.
We value a collaborative approach, promote diversity, and prioritize safety and integrity in all our operations.
We are seeking a detail-oriented and proactive Compliance Analyst to support our Legal & Compliance team in London.
This role plays a key part in maintaining and enhancing Assala's compliance framework, with a strong focus on third-party Integrity Due Diligence (IDD), regulatory monitoring, and compliance governance activities.
Responsibilities
- The Compliance Analyst will support and deliver across the following areas:
- Regulatory Monitoring & Research
- Track regulatory developments relevant to the business and assess impacts and update the internal intranet accordingly.
- Prepare concise regulatory briefings for senior stakeholders.
- Maintain regulatory logs and update the compliance horizon-scanning mechanisms.
- Policy & Procedure Support
- Assist in drafting, updating, and distributing compliance policies and procedures.
- Maintain version control and coordinate internal reviews.
- Maintain Legal and Compliance policy tracker.
- Compliance Monitoring & Reporting
- Conduct routine compliance monitoring activities including sanctions screening, monitoring changes in law and following up on agreed actions.
- Prepare and maintain trackers on the status of third-party due diligence files, sanctions confirmations, and the IDD renewals audit process.
- Review compliance data to develop custom risk-analytical reports and provide insight in decision making.
- Manage the quarterly sanctions confirmations procedure.
- Third Party Due Diligence & KYC Reviews
- As part of Assala vendor onboarding process, independently manage Stage 3 – Compliance Review for Assala Energy UK and Gabon.
- Conduct and review integrity due diligence (IDD) assessments for new and existing vendors, and provide risk ratings (low, medium, or high) based on defined criteria.
- Demonstrate the ability to identify pertinent issues within submitted IDDQs, and through thorough IDD be able to reduce and mitigate risk.
- Draft and track mitigation plans for high-risk third-party vendors, where necessary
- Maintain internal third-party tracker and provide weekly and monthly updates to the relevant internal teams.
- Maintain a structured collaboration process with the Contracts & Procurement department.
- Manage the due diligence renewal process for existing vendors.
- Train and provide guidance on the due diligence process to internal departments.
- Review and update due diligence processes to ensure alignment with relevant legislation.
- Assist in review and response on KYC requests
- Training & awareness
- Help develop mandatory compliance training materials and short courses and coordinate end-to-end delivery.
- Help develop and deliver targeted internal compliance trainings.
- Track training completion metrics and follow up on outstanding training.
- Update the internal Legal Calendar quarterly.
- Compliance initiatives and administrative support
- Contribute to key compliance initiatives and continuous improvement projects
- Support and develop the Compliance Ambassadors initiative.
- Assist with onboarding compliance requirements (e. g., checks, certifications).
- To aid in all departmental administration including PR and PO processes
- Support Senior Legal Counsel on tasks and projects, where necessary
- Data Protection
Provide support to Assala’s Data Protection program, as needed.
- Bachelor’s or Master’s degree in law, international relations, political science, regional studies, business or related area of study
- Previous experience in using Nexis Diligence specifically and knowledge of other similar platforms to conduct third-party due diligence
- Meticulous with strong attention to detail and interpersonal skills
- Self-starter with excellent research, and analytical skills, including the ability to quickly and concisely summarize complex issues
- Proven ability to manage multiple tasks under tight deadlines
- Fluency in French, whilst not essential, would be beneficial
- Additional Information
- Occasional travel to Gabon may be required
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Compliance Analyst employer: Assala Energy UK Ltd
Assala Energy is an exceptional employer that fosters a collaborative and diverse work environment in the heart of London, where compliance and integrity are at the forefront of our operations. As a Compliance Analyst, you will have the opportunity to grow professionally while contributing to meaningful projects that enhance our compliance framework, all within a company that prioritises safety and sustainable development in the oil and gas sector. With a commitment to employee development and a supportive culture, Assala Energy offers a rewarding career path for those looking to make a significant impact.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Assala Energy UK Ltd looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Assala Energy UK Ltd. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Assala Energy UK Ltd
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Assala Energy UK Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
