At a Glance
- Tasks: Support compliance and regulatory policies in the dynamic energy trading sector.
- Company: Join INEOS Energy, a leader in oil, gas, and low carbon technologies.
- Benefits: Competitive salary, career growth, and a chance to shape the energy transition.
- Why this job: Make a real impact in energy trading while ensuring ethical standards.
- Qualifications: Experience in compliance and regulatory issues within the commodity sector.
- Other info: Dynamic environment with opportunities for hands-on learning and development.
The predicted salary is between 60000 - 80000 ÂŁ per year.
At INEOS Energy we produce and trade oil, gas, power and liquefied natural gas (LNG), both physical and financial. This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are âProject Greensandâ, our pioneering carbon storage project in the Danish North Sea, and our investment in HydrogenOne Capital Growth plc. INEOS Energy Trading trades, moves and stores oil, gas, power and LNG, both from the INEOS Groupâs own production and from third parties, and trades financial energy products. It is a rapidly growing, dynamic business within the INEOS Group.
The role will involve assisting the Energy Trading business in reviewing the entirety of its compliance and regulatory policies and procedures, enhancing them where necessary in order to ensure full compliance with all applicable laws and regulations, and handling the businessâ current compliance programme.
RESPONSIBILITIESThe successful candidate will report to the Director of Risk and will work closely with the Trading Director, with other members of the Legal and Compliance team. They will assist the business in upgrading its compliance and regulatory programme, including:
- Being the initial point of contact for all Compliance & Regulatory issues.
- Providing support to the Head of Legal & Compliance on communications with regulators.
- Ensuring compliance with all relevant regulations, including MiFID II, EMIR, REMIT, Dodd Frank, CFTC, exchange rules, licences and permitting.
- Leading projects to implement a market surveillance tool and to improve the monitoring of communications media; handling market and communications surveillance for the business.
- Providing and updating a comprehensive assessment of Compliance & Regulatory risks and mitigants.
- Ensuring that the business has a suite of appropriate Compliance policies and procedures.
- Providing Compliance & Regulatory training to all staff, including on market abuse and competition law.
- Working to ensure uniformly high ethical standards throughout the business.
- Initial investigation of all compliance and ethical issues, including market abuse. Support to the Head of Legal & Compliance on more detailed investigations.
- Monitoring and calculating trading positions against exchange and regulatory position limits and thresholds ensuring compliance and supporting timely escalation and remediation.
Education/Experience: Experienced compliance and regulatory expert with hands-on experience in the commodity sector.
Skills & Knowledge: In depth knowledge of the laws and regulations affecting trading, including REMIT, EMIR, MiFID II, Market Abuse Regulations, Dodd Frank, CFTC, competition law and sanctions issues. Ability to make complex concepts clear and understandable. Data analytical skills.
Preferred Software Experience: Standard office systems (Word, SharePoint, Power Point, Excel).
Behavioural skills: High ethical standards, hands-on, practical approach to Compliance & Regulatory issues, positive, âcan doâ, solution-based attitude, strong communication skills, both written and oral, with the ability to deal with complex issues in a straightforward way, organised, methodical, thoughtful, ability to work under pressure.
Compliance & Regulatory Manager, Energy Trading in London employer: INEOS Energy
Contact Detail:
INEOS Energy Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Compliance & Regulatory Manager, Energy Trading in London
â¨Tip Number 1
Network like a pro! Reach out to people in the energy trading sector, especially those who work in compliance. Use LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!
â¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulations like MiFID II and EMIR. Be ready to discuss how your experience aligns with the role's requirements, and donât forget to showcase your problem-solving skills!
â¨Tip Number 3
Donât just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at INEOS Energy and tailor your approach to show why youâre a perfect fit for their compliance team.
â¨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Compliance & Regulatory Manager, Energy Trading in London
Some tips for your application đŤĄ
Tailor Your Application: Make sure to customise your CV and cover letter for the Compliance & Regulatory Manager role. Highlight your experience with regulations like MiFID II and EMIR, and show us how your skills align with our needs at INEOS Energy.
Showcase Your Experience: We want to see your hands-on experience in the commodity sector. Use specific examples from your past roles to demonstrate how you've tackled compliance issues and improved regulatory programmes.
Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and make complex concepts easy to understand. This will show us your communication skills right from the start!
Apply Through Our Website: Donât forget to submit your application through our website! Itâs the best way for us to receive your details and ensures youâre considered for the role. We canât wait to hear from you!
How to prepare for a job interview at INEOS Energy
â¨Know Your Regulations
Make sure you brush up on key regulations like MiFID II, EMIR, and Dodd Frank. Being able to discuss these confidently will show that you understand the compliance landscape in energy trading.
â¨Showcase Your Analytical Skills
Prepare to demonstrate your data analytical skills. Bring examples of how you've used data to assess compliance risks or improve procedures in previous roles. This will highlight your hands-on experience in the commodity sector.
â¨Communicate Clearly
Practice explaining complex compliance concepts in a straightforward manner. The interviewers will appreciate your ability to make intricate topics accessible, which is crucial for training staff and communicating with regulators.
â¨Exhibit a Solution-Based Attitude
Be ready to discuss past challenges you've faced in compliance roles and how you approached them with a positive, solution-based mindset. This will resonate well with the high ethical standards expected at INEOS Energy.