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 impact the energy transition.
- Why this job: Be at the forefront of compliance in a rapidly evolving energy market.
- Qualifications: Experience in compliance and regulatory frameworks, especially in commodities.
- Other info: Collaborative environment with opportunities for professional development.
The predicted salary is between 60000 - 80000 £ 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, and handling the business’ 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, “can do”, 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, and ability to work under pressure.
Compliance & Regulatory Manager, Energy Trading in Slough employer: INEOS Energy
Contact Detail:
INEOS Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance & Regulatory Manager, Energy Trading in Slough
✨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. A friendly chat can open doors that a CV just can't.
✨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 us you know your stuff!
✨Tip Number 3
Don’t just apply through job boards; head over to our website and submit your application directly. It shows initiative and gives you a better chance of standing out from the crowd.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. Remind them why you're the perfect fit for the Compliance & Regulatory Manager role at INEOS Energy.
We think you need these skills to ace Compliance & Regulatory Manager, Energy Trading in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compliance & Regulatory Manager role. Highlight your experience with regulations like MiFID II and EMIR, and showcase any relevant projects you've worked on in the energy trading sector.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've handled compliance issues or improved regulatory processes in your previous roles. Make it personal and engaging!
Show Off Your Analytical Skills: Since data analysis is key in this role, don’t forget to mention your analytical skills in your application. Provide examples of how you've used data to assess compliance risks or improve monitoring processes in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at INEOS Energy
✨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 and can navigate it effectively.
✨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 regulatory 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.
✨Exhibit a Solution-Based Attitude
Be ready to discuss challenges you've faced in compliance and how you approached them with a positive, solution-based mindset. This will reflect your hands-on approach and ability to work under pressure, which are essential for this role.