At a Glance
- Tasks: Provide hands-on compliance support for commodities trading activities.
- Company: BB Energy, a leading player in the global energy trading sector.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and engage directly with traders.
- Why this job: Join a legacy company making a real impact in the energy industry.
- Qualifications: 6+ years of compliance experience in commodity trading, especially oil and gas.
The predicted salary is between 60000 - 80000 £ per year.
BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy's business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.
For our office in London (alternative option is Geneva) we are seeking an experienced Compliance Officer to support a global commodities trading business active across a broad range of physical and financial commodities. The role sits close to the trading desks and provides hands‑on, commercially focused compliance support across the firm’s trading activities. While the role covers BB Energy’s wider commodities portfolio, strong prior experience in oil trading and EU gas and power markets is essential, together with practical familiarity with key European regulatory regimes applicable to commodity and energy trading.
This position is intended for a seasoned compliance professional from a commodity trading house, capable of operating independently, providing trusted front‑office advice, and escalating material risks to the Head of Compliance where appropriate.
Key Responsibilities- Act as the day‑to‑day compliance contact for trading desks across BB Energy’s commodities activities.
- Provide practical, real‑time compliance advice to traders covering:
- Commodities and energy market conduct requirements, including REMIT
- Market abuse, inside information and transparency obligations
- Applicable requirements under EMIR and MiFID II
- Sanctions, trade controls and higher‑risk jurisdictions
- Oversee compliance risk associated with physical and derivatives trading across oil, gas, power and other traded commodities.
- Provide specific compliance coverage for oil trading and EU gas and power markets, including conduct, disclosure and surveillance considerations.
- Provide compliance input into new trading activity, products or market entry, ensuring regulatory obligations are identified and addressed at an early stage.
- Support regulatory reporting, notifications and disclosures under applicable regimes, including REMIT, EMIR and MiFID II.
- Assist with regulatory engagement and responses to information requests from regulators, exchanges, trade repositories, banks and other stakeholders.
- Advise on UK, EU and US sanctions regimes relevant to commodity trading, including counterparty, cargo and vessel‑related risk.
- Support KYC onboarding and ongoing due diligence of trading counterparties.
- Contribute to the development, implementation and delivery of compliance policies, procedures and trader‑focused training, and monitor business adoption.
- Support implementation of regulatory‑driven change initiatives impacting commodities trading activity.
- Work closely with Compliance, Legal, Risk, Operations and Technology teams to identify and manage regulatory risk.
- Escalate material compliance issues in a timely and well‑reasoned manner, with clear analysis and practical recommendations.
- 6+ years’ compliance experience within a commodity trading house.
- Proven hands‑on experience covering:
- Oil trading
- EU gas and power markets
- Energy and commodities market conduct and market abuse risk
- Practical application of REMIT, EMIR and MiFID II in a trading environment
- Experience providing compliance advice across a wider range of commodities beyond oil, gas and power.
- Strong understanding of front‑office trading environments and commercial pressures.
- Demonstrated ability to deliver clear, defensible compliance advice in time‑critical situations.
- Familiarity with UK, EU, US and Singapore regulatory frameworks applicable to global commodities trading.
- Experience covering both physical commodities and derivatives.
- Prior involvement in regulatory reporting or interaction with exchanges, trade repositories or regulators.
- Compliance, legal or regulatory qualification (advantageous but not essential).
- Commercial, pragmatic and solutions‑focused.
- Confident engaging directly with traders and senior stakeholders.
- Comfortable operating autonomously within a defined escalation framework.
- Strong drafting and communication skills.
- Sound judgement and a robust compliance risk mindset.
Compliance Officer – Commodities Trading employer: B.B. Energy
BB Energy is an exceptional employer, offering a dynamic work environment in the heart of London, where compliance professionals can thrive within a globally recognised commodities trading firm. With a strong emphasis on employee growth and development, BB Energy fosters a collaborative culture that encourages innovation and provides hands-on experience in navigating complex regulatory landscapes. Employees benefit from competitive remuneration, comprehensive training programmes, and the opportunity to contribute to a sustainable energy future while working alongside industry experts.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer – Commodities Trading
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Compliance Officer role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of EU gas and power markets. We want you to be able to discuss compliance challenges confidently. Show them you’re the go-to person for practical compliance advice!
✨Tip Number 3
Don’t forget to showcase your hands-on experience in oil trading during interviews. We need to see how you’ve tackled compliance issues in real-time situations. Bring those stories to life!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compliance Officer – Commodities Trading
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Officer role. Highlight your experience in oil trading and EU gas and power markets, as well as any relevant compliance frameworks like REMIT, EMIR, and MiFID II. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance in commodities trading and how your skills can benefit BB Energy. Keep it concise but impactful – we love a good story!
Showcase Your Problem-Solving Skills:In your application, don’t just list your responsibilities; share examples of how you’ve tackled compliance challenges in the past. We’re looking for someone who can provide practical, real-time advice, so show us you’ve got that covered!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at BB Energy!
How to prepare for a job interview at B.B. Energy
✨Know Your Regulations
Make sure you brush up on the key European regulatory regimes like REMIT, EMIR, and MiFID II. Being able to discuss how these regulations impact commodities trading will show that you're not just familiar with compliance but also understand its practical application in a trading environment.
✨Showcase Your Experience
Prepare to share specific examples from your past roles, especially those involving oil trading and EU gas and power markets. Highlight situations where you provided real-time compliance advice or managed compliance risks effectively, as this will demonstrate your hands-on experience.
✨Engage with the Trading Desk
Since the role involves close interaction with trading desks, practice how you would communicate compliance advice to traders. Use clear, concise language and be ready to explain complex compliance issues in a way that’s easy for them to understand. This will showcase your ability to engage confidently with senior stakeholders.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your judgement and decision-making skills under pressure. Think of examples where you had to escalate compliance issues or provide solutions in time-critical situations. This will help you demonstrate your commercial and pragmatic approach to compliance.
