At a Glance
- Tasks: Lead compliance efforts in energy trading, ensuring adherence to regulations and enhancing policies.
- Company: Join INEOS Energy, a leader in oil, gas, and low carbon technologies.
- Benefits: Competitive salary, career growth, and the chance to work on innovative projects.
- Other info: Dynamic environment with opportunities for professional development and ethical leadership.
- Why this job: Make a real impact in the energy sector while driving compliance and ethical standards.
- Qualifications: Experience in compliance within the commodity sector and strong analytical skills.
The predicted salary is between 70000 - 90000 £ 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 ‘Project Greensand’, 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 Group’s 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.
- Handling the business’ current compliance programme.
RESPONSIBILITIES
The 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.
- Assisting Group Compliance with compliance as a secondary skill set.
- 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.
SKILLS KNOWLEDGE & EXPERIENCE
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).
High ethical standards. Hands-on, practical approach to Compliance & Regulatory issues. Positive, “can do”, solution-based attitude. Strong communication skills, both written and oral, with the ability to deal with complex issues in a straightforward way.
Senior Compliance Lead – Energy Trading in London employer: INEOS Energy
Contact Detail:
INEOS Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Lead – Energy Trading in London
✨Tip Number 1
Network like a pro! Reach out to folks in the energy trading sector, especially those who work in compliance. Attend industry events or webinars and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulations like MiFID II and EMIR. Be ready to discuss how you’ve tackled compliance challenges in the past. Show them you’re not just familiar with the rules, but that you can apply them effectively!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you’ve used data analysis to improve compliance processes. This will demonstrate your hands-on approach and problem-solving abilities, which are key for the Senior Compliance Lead role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining INEOS Energy and being part of their dynamic team.
We think you need these skills to ace Senior Compliance Lead – Energy Trading in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Compliance Lead role. Highlight your experience in compliance and regulatory frameworks, especially in the energy trading sector. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance in energy trading and how your background makes you the perfect fit for us. Keep it engaging and relevant to the job description.
Showcase Your Skills: Don’t forget to highlight your data analytical skills and your knowledge of regulations like MiFID II and EMIR. We’re looking for someone who can make complex concepts clear, so give us examples of how you've done this in the past.
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 and ensures you don’t miss any important details!
How to prepare for a job interview at INEOS Energy
✨Know Your Regulations
Make sure you brush up on the 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.
✨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 processes in previous roles. This will highlight your hands-on experience in the commodity sector.
✨Communicate Clearly
Practice explaining complex compliance concepts in a straightforward manner. The interviewers will appreciate your ability to make intricate topics understandable, which is crucial for training staff and communicating with regulators.
✨Emphasise Ethical Standards
Be ready to discuss how you uphold high ethical standards in your work. Share specific instances where you've navigated compliance challenges while maintaining integrity, as this aligns with the company's values.