At a Glance
- Tasks: Support compliance efforts and ensure regulatory adherence in a dynamic oil and gas environment.
- Company: Join Assala Energy, a forward-thinking company committed to sustainability and diversity.
- Benefits: Competitive salary, opportunities for travel, and a collaborative work culture.
- Other info: Dynamic role with opportunities for growth and development in compliance.
- Why this job: Make a real impact on compliance and governance in the energy sector.
- Qualifications: Degree in law or related field; experience with third-party due diligence is a plus.
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 prioritise 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
- 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.
Qualifications:
- 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 summarise 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.
Compliance Analyst employer: Assala Energy
Assala Energy is an exceptional employer that fosters a collaborative and inclusive work environment in London, where the Compliance Analyst role is pivotal to our commitment to integrity and sustainability in the oil and gas sector. We offer comprehensive training and development opportunities, ensuring our employees grow alongside the company while prioritising safety and ethical practices. With a focus on diversity and a supportive culture, Assala Energy provides a rewarding career path for those looking to make a meaningful impact in compliance and governance.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Assala Energy. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company’s compliance framework and recent regulatory changes. Show us you’re not just interested in the role but also in how you can contribute to their mission.
✨Tip Number 3
Practice your responses to common compliance-related questions. We want to see your analytical skills and attention to detail shine through when discussing real-world scenarios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows us you’re serious about joining the team.
We think you need these skills to ace Compliance Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Analyst role. Highlight relevant experience and skills that match the job description, especially in regulatory monitoring and compliance governance. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your background makes you a great fit for Assala Energy. Don’t forget to mention any experience with third-party due diligence or regulatory research.
Showcase Your Attention to Detail:As a Compliance Analyst, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their work neatly and accurately, reflecting the meticulous nature of the role.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status!
How to prepare for a job interview at Assala Energy
✨Know Your Compliance Stuff
Make sure you brush up on compliance regulations and frameworks relevant to the oil and gas industry. Familiarise yourself with third-party due diligence processes and be ready to discuss how you would approach regulatory monitoring and compliance governance.
✨Show Off Your Attention to Detail
As a Compliance Analyst, attention to detail is key. Prepare examples from your past experiences where your meticulous nature helped identify issues or improve processes. This will demonstrate your fit for the role and your proactive approach.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance challenges. Think about how you would handle issues like sanctions screening or KYC requests. Practising these scenarios can help you articulate your thought process clearly.
✨Highlight Your Team Spirit
Assala Energy values collaboration, so be prepared to discuss how you've worked effectively in teams before. Share examples of how you’ve contributed to group projects or initiatives, especially in compliance training or policy development.
