At a Glance
- Tasks: Provide hands-on compliance support for global commodities trading activities.
- Company: BB Energy, a leading player in the energy trading sector with a global presence.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on regulatory risk management and compliance training.
- Why this job: Join a seasoned team and make a real impact in the energy trading landscape.
- Qualifications: 6+ years of compliance experience in commodity trading, especially in oil and gas markets.
The predicted salary is between 60000 - 80000 € per year.
The Company 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.
Required Experience & Background
- 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.
Desirable
- 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).
Personal Attributes
- 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 in London 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 in 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 support to ensure compliance excellence. Employees benefit from a diverse portfolio, competitive remuneration, and the opportunity to engage with a wide range of commodities, making it a rewarding place for those seeking meaningful careers in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer – Commodities Trading in London
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the commodities trading scene. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of compliance regulations like REMIT, EMIR, and MiFID II. Be ready to discuss how you’ve tackled compliance challenges in the past. Show them you’re not just a fit for the role, but a valuable asset to their team!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure your application highlights your specific experience in oil trading and EU gas markets. Use keywords from the job description to catch their attention and show you’re the perfect match.
✨Tip Number 4
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the best fit for the Compliance Officer position.
We think you need these skills to ace Compliance Officer – Commodities Trading in London
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 what we're looking for!
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 that showcases your expertise.
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 demonstrate your ability to think on your feet!
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 genuinely interested in 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 these in detail will show that you understand the compliance landscape and can provide valuable insights to the trading desks.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully navigated compliance challenges in commodities trading. Highlight your hands-on experience with oil trading and EU gas and power markets to demonstrate your expertise.
✨Engage with Real-Time Scenarios
Be ready to tackle hypothetical scenarios related to market conduct and compliance risks. This will not only showcase your problem-solving skills but also your ability to provide practical, real-time advice to traders.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex compliance concepts in a straightforward manner, as you'll need to engage confidently with traders and senior stakeholders during the interview.
