Compliance Manager - Regulatory Thresholds and Projects Lead in London

We have an excellent opportunity for a Compliance Manager to lead our global threshold programme, regulatory reporting change projects and oversight within Ethics & Compliance Regulatory Reporting Team. As a license to operate function, we play a critical role in keeping bp ST&S safe and aligned with multi-jurisdictional regulatory requirements.

The preferred candidate must have strong project and change management experience delivering regulatory projects in EMIR, MAS, MiFID II, ASIC and/or REMIT regulations. The ideal candidate must also have excellent partner management experience at senior level, with a knowledge of working in a regulated trading business (ideally commodities), robust leadership capability, excellent work ethics and a passion for compliance assurance and controls.

The successful candidate will also have oversight accountability for our operational compliance with threshold monitoring obligations across Europe, UK and APAC region, working closely with a team of operational specialists to ensure ongoing compliance and effective monitoring and controls are in place. The candidate will be required to build and establish strategic partnerships with our business and functional customers across ST&S.

In this role, you will work alongside the Senior Compliance Manager, other Compliance Managers and Regulatory Reporting Specialists across diverse location hubs in London, Poland and Pune.

What does the day-to-day look like?

• Project lead the delivery of global regulatory thresholds monitoring and change programmes for the reporting team.
• Lead our monitoring oversight and controls for bp regulatory thresholds obligations across multiple jurisdictions.
• Run and lead our governance framework, senior customer escalation process, and remediation action plans.
• Lead strategic senior collaborator engagement across the business, Technology and functional lines. Work with Technology and business partners to agree delivery scope and achievements, prioritization, and design principles on regulatory change projects.
• Lead our response to regulatory queries in consultation with Senior Compliance Manager, Regulatory Legal and E&C Regulatory Compliance teams.
• Provide oversight to the operations team to ensure effective monitoring and assessment of risks to regulatory thresholds on an ongoing basis and flag this to relevant partners.
• Actively participate in industry working groups and lead horizon scanning efforts on new and ongoing regulatory developments. Document and share impact assessment with key customers.
• Develop strategic relationships with senior customers and establish the regulatory reporting team as a key enabler and partner.
• Raise strategic reporting risks to Senior Compliance Manager to ensure safe operations across the team.

About you:

You will ideally have proven understanding of commodity trading and products in the financial and wholesale energy market. You’re a people leader and problem solver, with the ability to lead and work with a diverse team, while building strategic partnerships with senior customers. This role requires a high degree of leadership and interpersonal skills with a clear passion and care for regulatory compliance, and the ability to take the lead on priorities and deliver under pressure.

You will ideally have experience of delivering compliance change programmes (either on transaction reporting or threshold monitoring) in one or more reporting jurisdictions. You will be comfortable challenging the norm to raise standards, have the courage to recommend industry procedures, and promote efficiencies.

As a leader, you must be able to speak up, you have confidence to present to senior leadership, raise risks in a timely manner and embed a strong compliance attitude across the team. You must have a proven track record of upskilling others and sharing knowledge with colleagues and peers.

Why join our team?

We support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and many others benefits!

Travel Requirement: Negligible travel should be expected with this role

Relocation Assistance: This role is not eligible for relocation

Remote Type: This position is a hybrid of office/remote working

Skills: Agility core practices, Analytical Thinking, Client Counseling, Communication, Conflict Management, Courage, Data Analysis, Decision Making, Ethical judgement, Facilitation, Global Perspective, Industry knowledge and advocacy, Influencing, Intelligence writing and briefing, Knowledge Sharing, Presenting, Regulatory Compliance, Risk Management, Stakeholder Engagement, Stakeholder Management, Strategic Thinking.