Compliance and Regulatory Manager

ZipRecruiter; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading energy company in London seeks an experienced Compliance & Regulatory Expert to enhance its compliance program. The successful candidate will manage regulatory issues and train staff on compliance standards. Ideal candidates should have in-depth knowledge of trading regulations and strong communication abilities. Competitive salary and benefits offered.

Benefits

Competitive salary + bonus + pension

On-site gym

Flexible benefits including health and dental

Qualifications

• Experienced compliance and regulatory expert with hands-on experience in the commodity sector.
• In depth knowledge of the laws and regulations affecting trading.

Responsibilities

• Assist in reviewing compliance and regulatory policies.
• Ensure compliance with all relevant regulations.
• Lead projects to implement a market surveillance tool.

Tools

Word

SharePoint

Job description

ORGANISATIONAL CONTEXT & JOB PURPOSE

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.

Responsibilities & Accountability

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 (as described below).

The successful candidate will report to the Risk Director and will work very closely with the Head of Legal and Compliance, Trading Director, and 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
• Regulations: ensuring compliance with all relevant regulations, including MiFID II, EMIR, REMIT, Dodd Frank, CFTC, exchange rules, licences and permitting (and, ideally, those ESG issues that are specifically relevant to the business, such as methane emissions regulations)
• Surveillance & monitoring: leading projects to implement a market surveillance tool and to improve the monitoring of communications media; handling market and communications surveillance for the business
• Risk assessment: providing and up-dating a comprehensive assessment of Compliance & Regulatory risks and mitigants
• Policies: ensuring that the business has a suite of appropriate Compliance policies and procedures
• Training: providing Compliance & Regulatory training to all staff, including on market abuse and competition law
• Ethics: working to ensure uniformly high ethical standards throughout the business
• Investigations: initial investigation of all compliance and ethical issues, including market abuse. Support to the Head of Legal & Compliance on more detailed investigations

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.

Software Experience

Standard office systems (Word, SharePoint)

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 straight-forward way
• Organised, methodical, thoughtful
• Ability to work under pressure

What We Offer

• Competitive salary + bonus + pension
• Flat structure being a key member of a small team
• On-site gym with an active internal sports department
• Wide range of staff discounts on INEOS products and partnerships.
• Flexible benefits including health, dental, car and bike scheme

Notice To Third Party Agencies

INEOS does not accept unsolicited CVs from recruiters, employment agencies, or other staffing services. Unsolicited CV include any CV or hiring document sent to INEOS in the absence of a signed Service Agreement where INEOS has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of INEOS and INEOS will have the right to hire that candidate without reservation - no or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.