At a Glance
- Tasks: Enhance regulatory reporting frameworks in a dynamic energy trading environment.
- Company: World-renowned Commodities & Energy Trading House with a major tech transformation.
- Benefits: £110,000 salary, bonus, benefits, and flexible 3-day office work.
- Why this job: Join a cutting-edge team and shape the future of energy trading regulations.
- Qualifications: Experience in regulatory reporting and knowledge of EMIR, MiFID II, and trade lifecycle.
- Other info: Gain full deal lifecycle exposure and enjoy excellent career growth opportunities.
The predicted salary is between 88000 - 132000 £ per year.
Regulatory Reporting Business Analyst required for a world-renowned Commodities & Energy Trading House currently undergoing a major technology transformation. This is an opportunity to play a pivotal role in modernising and enhancing regulatory reporting frameworks across a diverse range of global trading desks. With a strong presence in power, gas, LNG and oil, and an exciting new metals desk, this is a chance to work at the cutting edge of the commodities markets.
This Regulatory Reporting Business Analyst role will be focused on improving and changing the Regulatory Reporting processes that make up the Trading House systems landscape. You will work with users from across the business and cover functionality across the end‐to‐end trade lifecycle for physical commodities and energy products. As a Regulatory Reporting Business Analyst in a Commodities & Energy trading firm you will gain full deal lifecycle exposure, from pre‐trade, trade capture, risk, regs, clearing and trade settlement. Therefore, significant exposure to the Front‐to‐Back trade lifecycle, with demonstrable knowledge of traded derivative products for ETD and OTC is required, together with specific knowledge around REMIT, EMIR, Dodd‐Frank, MiFID II and other relevant energy trading regulations.
Responsibilities include working exceptionally closely with the business and IT as the conduit between, ensuring that business processes are aligned with IT delivery.
Requirements:
- Understand how UTIs are generated, allocated and shared between counterparties to ensure consistent EMIR reporting.
- Explain how EMIR aims to increase transparency, enhance market stability and reduce systemic risk through trade reporting, clearing and risk mitigation.
- Explain the key EMIR reporting fields (e.g. UTI, counterparty LEIs, product identifiers, valuation, collateral) and how they are sourced from the trade lifecycle.
- Understand where EMIR and MiFID II reporting obligations intersect, and how the same trade may need to be reported under both regimes for different regulatory purposes.
- Explain how EMIR Refit aligns certain data fields with MiFIR and be able to identify potential gaps or conflicts that impact reporting processes.
- Distinguish between an LEI (Legal Entity Identifier) which identifies counterparties, and a UTI (Unique Trade Identifier) which uniquely identifies each transaction.
To apply, please send your latest CV to shabana@virtuetech.io.
Senior Regulatory Business Analyst – Energy Trading House | £110,000 + Bonus + Benefits | 3 day[...] in London employer: VirtueTech Recruitment Group
Contact Detail:
VirtueTech Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Regulatory Business Analyst – Energy Trading House | £110,000 + Bonus + Benefits | 3 day[...] in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in energy trading. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of EMIR, MiFID II, and other regulations. We want you to be able to discuss how these impact regulatory reporting processes confidently!
✨Tip Number 3
Showcase your experience with the end-to-end trade lifecycle. Be ready to share specific examples of how you've improved reporting processes or worked closely with IT to align business needs.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Regulatory Business Analyst – Energy Trading House | £110,000 + Bonus + Benefits | 3 day[...] in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Regulatory Business Analyst role. Highlight your experience with EMIR, MiFID II, and other relevant regulations. We want to see how your skills align with the responsibilities outlined in the job description.
Showcase Relevant Experience: When writing your application, focus on your experience with the end-to-end trade lifecycle and any specific projects you've worked on that relate to regulatory reporting. We love seeing concrete examples of how you've made an impact in previous roles.
Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications. We appreciate a well-structured application that gets straight to the important bits!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures you’re considered for this exciting opportunity at our Energy Trading House!
How to prepare for a job interview at VirtueTech Recruitment Group
✨Know Your Regulations
Make sure you brush up on EMIR, MiFID II, and other relevant regulations before the interview. Being able to explain how these regulations impact the trading processes will show that you’re not just familiar with the terms, but you understand their practical implications.
✨Understand the Trade Lifecycle
Familiarise yourself with the end-to-end trade lifecycle for physical commodities and energy products. Be prepared to discuss how each stage interacts with regulatory reporting and how your role as a Regulatory Business Analyst fits into this landscape.
✨Prepare Real-World Examples
Think of specific instances where you've improved regulatory reporting processes or worked closely with IT to align business needs. Sharing these examples will demonstrate your hands-on experience and problem-solving skills, which are crucial for this role.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's current technology transformation and how they envision the future of regulatory reporting. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.