At a Glance
- Tasks: Provide hands-on compliance support for trading activities in oil and EU energy markets.
- 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: Work closely with traders and senior stakeholders in a fast-paced environment.
- 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 EU markets.
The predicted salary is between 80000 - 100000 £ 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.
- 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.
Front-Office Compliance Lead - Oil & EU Energy Markets employer: BB Energy
BB Energy is an exceptional employer, offering a dynamic work environment in the heart of London, where employees are empowered to provide hands-on compliance support within a globally recognised commodities trading business. With a strong focus on employee growth and development, BB Energy fosters a collaborative culture that values innovation and integrity, ensuring that team members are well-equipped to navigate the complexities of the energy market while contributing to a sustainable future.
StudySmarter Expert Advice🤫
We think this is how you could land Front-Office Compliance Lead - Oil & EU Energy Markets
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the energy trading scene. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of compliance in oil trading and EU energy markets. We recommend doing some mock interviews with friends or using online platforms to get comfortable discussing your experience and how it relates to the role.
✨Tip Number 3
Showcase your expertise! When you get the chance to chat with potential employers, make sure to highlight your hands-on experience with REMIT, EMIR, and MiFID II. We want to see you confidently explaining how you've navigated compliance challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Front-Office Compliance Lead - Oil & EU Energy Markets
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Front-Office Compliance Lead. Highlight your experience in oil trading and EU gas and power markets, as well as any relevant compliance qualifications. 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 the perfect fit for BB Energy. Mention specific experiences that demonstrate your hands-on compliance support and ability to provide real-time advice to traders. Let us know what makes you tick!
Showcase Your Regulatory Knowledge:Since this role involves navigating complex regulations like REMIT, EMIR, and MiFID II, make sure to showcase your familiarity with these frameworks. We’re looking for someone who can hit the ground running, so don’t hold back on your expertise!
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 directly and ensures you don’t miss out on any important updates from our team. We can’t wait to hear from you!
How to prepare for a job interview at BB 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 oil trading and EU gas and power markets will show that you're not just familiar with compliance but can apply it practically in a trading environment.
✨Showcase Your Experience
Prepare to share specific examples from your 6+ years of compliance experience within a commodity trading house. Highlight situations where you provided real-time compliance advice or managed compliance risks, especially in high-pressure scenarios. This will demonstrate your hands-on expertise and ability to operate independently.
✨Engage with the Trading Desk
Since the role involves acting as the day-to-day compliance contact for trading desks, practice how you would communicate compliance advice to traders. Use clear, concise language and be ready to explain complex concepts in a way that resonates with their commercial pressures. This will show your confidence and ability to engage effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your judgement and decision-making skills. Think about potential compliance issues that could arise in trading activities and how you would escalate them. Having well-reasoned responses ready will highlight your robust compliance risk mindset and problem-solving abilities.
