Compliance Surveillance Analyst

Michael Page; Selby; On-site; GBP 40,000 - 50,000; Full time

Job summary

An established industry player in energy trading is seeking a Compliance Surveillance Analyst to enhance the effectiveness of their compliance function. This role involves leading improvements in surveillance processes, conducting reviews on market abuse patterns, and supporting regulatory compliance across the organization. Ideal candidates will possess a strong academic background in a numerical or business discipline, along with a basic understanding of wholesale markets and their regulatory frameworks. Join a dynamic team that values innovation and proactive compliance strategies in a hybrid working environment.

Benefits

Attractive benefits package

Hybrid working

Qualifications

• Strong academic record in a numerical/business discipline or relevant experience.
• Basic understanding of wholesale markets and regulatory frameworks.

Responsibilities

• Lead changes to the surveillance process and automated alerting.
• Conduct independent monitoring and reviews into compliance matters.

Skills

Numerical/business discipline

Understanding of wholesale markets

Knowledge of regulatory framework

Experience with commercial teams

Data analysis and project participation

Education

Secondary education in a numerical/business discipline

Job description

• Growing Compliance team
• An excellent opportunity to shape the future of the Compliance function

About Our Client

Our client is a leading energy trading company based in North Yorkshire.

Job Description

The Compliance Surveillance Analyst, based in North Yorkshire, will be responsible for:

• Identify and lead changes to the surveillance process, automated alerting to drive effectiveness and efficiencies.
• Perform periodic reviews on the effectiveness of market abuse patterns and market abuse risk assessment to assess the effectiveness of the surveillance framework.
• Support the Wholesale Compliance team to deliver physical and financial regulatory compliance across the group.
• Perform all associated BAU activities with wholesale energy market (REMIT, licences, industry codes) and financial market (EMIR, MAR, MiFID II, FSMA/RAO) regulations.
• Perform trade, dispatch, and electronic communications surveillance monitoring and escalate issues to management.
• Conduct independent monitoring, reviews, and investigations into compliance matters as required.
• Support 2LOD assurance activities across business functions, implementing and supporting mitigation strategies whilst providing support on 1LOD and 3LOD activities.

The Successful Applicant

The Compliance Surveillance Analyst should have the following skills:

• A strong academic record in a numerical/business discipline (demonstrated across at least secondary education), or demonstrable relevant experience.
• Basic understanding or interest in wholesale physical and financial markets.
• Basic knowledge of Wholesale Markets and its regulatory framework including REMIT, MAR, (MiFID II, EMIR, TCLC, IOLC, S&P, FSMA, and RAO), or transferable skills gained through prior work experience.
• Prior experience working with commercial teams (including 24 hr trading functions), building trust, confidence, and respect whilst challenging the status quo.
• Experience participating in projects that involve complex data and influencing the operational culture of a business.

What's on Offer

Salary of £40,000-£50,000.
Attractive benefits package.
Hybrid working.