At a Glance
- Tasks: Implement an effective ethics and compliance programme in our trading offices.
- Company: Join a leading energy company committed to compliance and integrity.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with travel opportunities and a focus on algorithmic trading.
- Why this job: Make a real impact in the energy sector while developing your compliance expertise.
- Qualifications: Relevant degree or experience in energy commodity trading and compliance regulations.
The predicted salary is between 55000 - 65000 £ per year.
We have an excellent opportunity for a Compliance Manager to implement an effective and consistent ethics and compliance (E&C) program in our London and Hanover trading offices. In this role, you will support and provide timely advice to our European APac Power and Carbon (EPAC) Trading & Origination businesses, perform trade and communications surveillance, and assist in developing and deploying bp’s algorithmic trading governance framework, all while sharing knowledge and building strong relationships across all of E&C as part of a best-in-class compliance department in the energy industry.
Main responsibilities and tasks:
- Perform trade surveillance to ensure compliance with commodity trading venue rules and regulatory requirements, including the Market Abuse Directive (MAR) and Regulation on Energy Market Integrity and Transparency (REMIT).
- Perform business communications monitoring to meet our obligations around potential market abuse and/or inside information under MAR and REMIT.
- Assist in the development of our trade surveillance programme to maintain effective arrangements, systems and procedures to detect and report suspicious orders and transactions.
- Provide regulatory and compliance advice and support to the EPAC business and support functions.
- Coordinate a risk-based trading compliance monitoring program in London and Hanover, ensuring that all bp trading compliance policies and procedures are appropriately documented, updated and available for reference.
- Develop strong relationships and partnerships with the business, establishing E&C as a functional business partner.
- Build strong working relationships with other E&C team members in London and Singapore to ensure effective knowledge sharing and timely resolution of incidents.
- Support in the monitoring and assessment of new regulatory requirements impacting a commodity trading business (i.e. new requirements around REMIT, MiFID II).
- Assist the business to identify and mitigate risks involved in new business activity (both physical commodity and regulated financial activity).
- Assist in compliance training and promoting a top-class culture of compliance.
- Support the development and deployment of an effective governance framework and appropriate control environment to manage and mitigate regulatory risk associated with algorithmic and electronic trading.
- Work with our trading teams to understand and mitigate potential inside information risks associated with algorithmic activity.
Essential requirements:
- Relevant University degree or equivalent working experience.
- Energy commodity trading knowledge and an understanding of traded products, markets and general business processes. A background in gas and power markets would be a strong advantage.
- Fluent English language skills (both written and verbal). German language skills would be a strong advantage.
- Experience, knowledge and understanding of relevant regulations (MiFID, MAR, REMIT, EMIR etc), commodity trading venue rules, FCA regulatory requirements and managing regulatory relationships.
- Experience of designing and conducting compliance monitoring and surveillance activity.
- Ability to demonstrate integrity, courage and sound judgement.
- Ability to impact and influence at all levels of the organization.
- Strong work ethic, initiative and creativity to achieve identified goals, both individually and as a team player working in a global and fast-paced environment.
- Strong problem-solving skills with ability to see the next step and follow through on operational detail.
- Great communication and interpersonal skills – capable of advising on E&C matters and adopting a variety of styles to achieve the desired result and build consensus with diverse partners.
Nice to have:
- Working experience with automated / algorithmic trading (trading, monitoring or other relevant tasks).
- Experience in using in-house and/or third-party trade surveillance systems such as SCILA.
- Ability to develop and deliver training materials.
Travel Requirement: Up to 25% 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.
Compliance Manager in London employer: Dormont Manufacturing Co
Dormont Manufacturing Co is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration. With a strong commitment to employee growth, the company provides extensive training opportunities and a comprehensive benefits package, all while supporting a flexible hybrid work model that enhances work-life balance. Join us in shaping the future of lottery solutions in a role that promises meaningful impact and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Dormont Manufacturing Co looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Dormont Manufacturing Co. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Dormont Manufacturing Co
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Dormont Manufacturing Co’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
