Compliance Analyst in City of London

Compliance Analyst in City of London

City of London Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
Drax

At a Glance

  • Tasks: Support compliance activities and safeguard the business against regulatory risks.
  • Company: Join Drax, a leader in renewable energy and sustainability.
  • Benefits: Enjoy competitive pay, private healthcare, and generous holiday allowance.
  • Other info: Flexible working options and a commitment to diversity and inclusion.
  • Why this job: Make a real impact on climate change while building your career in compliance.
  • Qualifications: Analytical mindset with exposure to compliance frameworks or trading environments.

The predicted salary is between 35000 - 45000 £ per year.

Full time, Permanent

Department – Protection & Governance

Location – Flexible (Selby or London)

Hybrid – 2 days per week in the office

Closing date: 1 June

About the role: As a Compliance Analyst at Drax, you’ll play a key role in supporting compliance advisory and assurance activity across our trading and generation operations. You’ll help develop and maintain a robust compliance framework that supports Drax in meeting its regulatory, industry code, and generation licence obligations. In doing so, you’ll help safeguard the business against regulatory sanctions and reputational risk, protecting our licence to operate. Working as part of the Wholesale Market Compliance team, you’ll support the delivery of compliance across both physical and financial markets. This includes contributing to business-as-usual (BAU) compliance activities aligned to regulations such as:

  • Wholesale energy regulations (e.g. REMIT, licences, industry codes)
  • Financial market regulations (e.g. EMIR, MAR, MiFID II, FSMA/RAO)

You’ll collaborate closely with a wide range of stakeholders across the business, including Trading, Risk, Generation, Treasury, IT, and other support functions, building strong relationships and providing trusted compliance support.

Who we’re looking for: We’re looking for someone with a strong analytical mindset and a willingness to learn. You’ll bring experience in at least one of the following areas:

  • Exposure to compliance frameworks
  • Managing or analysing complex data sets
  • Experience working within a trading environment

If you have one of these, we can teach you the rest. What’s most important is your curiosity, attention to detail, and desire to build a career in compliance.

Rewards and benefits: As you help us to shape the future, we’ve shaped our rewards and benefits to help you thrive and support your lifestyle. If successful in this role you’ll get:

  • A discretionary bonus depending on company performance
  • Private Healthcare
  • SAYE (Sharesave): discretionary scheme from time to time
  • Personal accident cover
  • Group personal pension plan where we’ll pay up to 10%
  • Holiday 25 days plus bank holidays
  • Reimbursement of the cost of your annual membership of one relevant and appropriate professional body

We’re committed to making a tangible impact on the climate challenge we all face. Drax is where your individual purpose can work alongside your career drive. We work as part of a team that shares a passion for doing what’s right for the future. With Drax you can shape your career and a future for generations to come. Together, we make it happen.

At Drax, we’re committed to fostering an environment where everyone feels valued and respected, regardless of their role. To make this a reality, we actively work to better represent the communities we operate in, foster inclusion, and establish fair processes. Through these actions, we build the trust needed for all colleagues at Drax to contribute their perspectives and talents, no matter their background.

How to apply: Think this role is for you? Click the ‘apply now’ button to begin your Drax journey. If you want to find out more about Drax, check out our LinkedIn page to see our latest news. We understand that you may have some additional questions about the role. If you’d like to have a confidential chat to discuss the role in more detail, please email careers@drax.com.

Compliance Analyst in City of London employer: Drax

Drax is an exceptional employer that prioritises employee growth and well-being, offering a flexible working environment in either Selby or London. With a strong commitment to sustainability, Drax provides comprehensive benefits including private healthcare, a generous pension plan, and opportunities for professional development, all while fostering a culture of inclusion and respect. Join a team dedicated to making a tangible impact on the climate challenge and shaping a sustainable future together.

Drax

Contact Details:

Drax Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Compliance Analyst in City of London

Tip Number 1

Network like a pro! Reach out to people in the compliance field, especially those at Drax. A friendly chat can open doors and give you insights that might just set you apart from the crowd.

Tip Number 2

Prepare for the interview by brushing up on compliance regulations relevant to the role. Show us your analytical mindset by discussing how you would tackle real-world compliance challenges during the interview.

Tip Number 3

Don’t underestimate the power of follow-ups! After your interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Drax team and making a difference in the energy sector.

We think you need these skills to ace Compliance Analyst in City of London

Analytical Mindset
Attention to Detail
Compliance Frameworks
Data Analysis
Stakeholder Collaboration
Regulatory Knowledge
Experience in Trading Environment

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Compliance Analyst role. Highlight your relevant experience, especially in compliance frameworks or data analysis, to show us you’re a great fit!

Show Your Curiosity:We love candidates who are eager to learn! In your application, mention any specific areas of compliance that interest you or any relevant courses you've taken. This will help us see your passion for the field.

Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon. We want to understand your skills and experiences without having to decipher complex sentences!

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Drax

Know Your Compliance Frameworks

Familiarise yourself with key compliance frameworks relevant to the role, such as REMIT and EMIR. Being able to discuss these regulations confidently will show your understanding of the industry and your readiness to contribute.

Showcase Your Analytical Skills

Prepare examples of how you've managed or analysed complex data sets in previous roles. Highlighting your analytical mindset will demonstrate your capability to handle the data-driven aspects of the Compliance Analyst position.

Build Relationships

Think about how you can build strong relationships with various stakeholders. Be ready to discuss your experience collaborating with different teams, as this role requires working closely with Trading, Risk, and IT departments.

Express Your Curiosity

During the interview, convey your eagerness to learn and grow within the compliance field. Share instances where your curiosity led you to explore new areas or improve processes, as this aligns with what Drax is looking for in a candidate.