Compliance Manager - Surveillance (Algorithmic Trading)

ZipRecruiter; London; On-site; GBP 65,000 - 95,000; Full time

Job summary

A leading player in the energy trading sector is seeking a Compliance Manager to enhance its ethics and compliance program in London and Germany. The job involves risk management, regulatory guidance, and developing strong compliance practices, requiring excellent communication skills and a solid understanding of energy markets.

Qualifications

• Fluent English and professional-level German, both written and spoken.
• Practical experience with algorithmic or electronic trading operations.
• In-depth knowledge of relevant regulations such as MAR, MiFID II, REMIT.

Responsibilities

• Conduct trade surveillance to ensure adherence to regulatory obligations.
• Provide regulatory advice to trading desks on compliance matters.
• Develop and implement a control framework for algorithmic trading activities.

Skills

Regulatory Compliance

Surveillance

Analytical Skills

Stakeholder Engagement

Problem Solving

Education

University degree in law, finance, business, or related field

Tools

Trade surveillance systems (e.g., SCILA)

Job description

Job Description

A leading player in the energy trading sector is seeking a Compliance Manager to support the delivery of an effective and consistent ethics and compliance (E&C) programme across its London office and recently launched operations in Germany. The role will focus on providing timely regulatory guidance to the European Gas & Power trading business, conducting market and communications surveillance, and shaping governance around algorithmic trading. The successful candidate will join a collaborative global compliance team, contributing to a robust and forward-thinking compliance function. This London-based position includes periodic travel to Germany.

Key Responsibilities

Reporting to the Senior Compliance Manager, this role supports risk identification and mitigation, monitors regulatory adherence, and builds a culture of integrity through training and engagement.

Surveillance & Monitoring

• Conduct trade surveillance to ensure adherence to regulatory obligations and trading venue requirements (e.g., MAR, REMIT).
• Monitor internal communications for indicators of market abuse or the handling of inside information, aligned with regulatory standards.
• Enhance and maintain surveillance tools and processes to detect and report suspicious activities effectively.
• Define and calibrate alert scenarios within surveillance systems to identify potential misconduct.

Advisory & Risk Oversight

• Provide regulatory advice to trading desks and support teams on compliance matters, including business conduct and emerging regulations.
• Support the assessment of new or revised rules and regulatory frameworks, particularly those impacting commodity trading (e.g., MiFID II, REMIT).
• Collaborate with business leaders to identify compliance risks in new initiatives or trading strategies.
• Coordinate risk-based monitoring activities for the Germany office and ensure documentation of relevant policies and procedures.

Stakeholder Engagement & Collaboration

• Develop and maintain strong working relationships across front office, legal, operations, and compliance teams in multiple jurisdictions.
• Partner with colleagues across global compliance hubs to support consistent standards, share best practices, and resolve incidents.
• Play a proactive role in fostering a strong culture of compliance through internal engagement and training initiatives.

Algorithmic & Electronic Trading Governance

• Lead the development and implementation of a control framework for algorithmic and electronic trading activities.
• Advise on governance structures to oversee the design, testing, and deployment of automated trading tools.
• Help identify risks related to inside information management in the context of algorithmic strategies.

Candidate Profile

• Fluent English and professional-level German, both written and spoken.
• University degree (or equivalent experience), ideally in law, finance, business, or a related field.
• Strong understanding of energy commodity trading, products, and market dynamics; familiarity with gas and power markets is a plus.
• Practical experience with algorithmic or electronic trading operations (e.g., monitoring, governance, or control roles).
• In-depth knowledge of relevant regulations such as MAR, MiFID II, REMIT, EMIR, and related venue rules.
• Proven ability to conduct compliance surveillance and develop monitoring frameworks.
• Strong analytical mindset with sound judgment, integrity, and an ability to influence decision-making.
• Excellent communication and interpersonal skills; capable of working across diverse teams and adapting messaging to different audiences.
• Self-motivated with a collaborative approach and the flexibility to manage competing priorities in a dynamic environment.
• Familiarity with trade surveillance systems (e.g., SCILA or similar).
• Experience in developing or delivering compliance training programmes.