Our client is a leading Energy Trading business with a successful history of growth. Their distinct culture thrives on values, giving them a strong base and passion to succeed as a team. Employees enjoy an environment that allows them to develop their skills, knowledge and experience giving them every opportunity to have successful careers. New ideas and initiatives are encouraged as it is widely believed that inspired individuals can make a difference and help shape the future of the business.
The role is an excellent opportunity for a talented and motivated Regulatory Reporting Analyst to gain exposure across a very wide range of energy products and to work in a dynamic and ambitious company.
The successful incumbent will be responsible for accurately and timely reporting physical Power, Gas, LNG, Carbon, Green Certificate, Derivative and FX trades under the following Regulations Dodd Frank, EMIR, REMIT, MiFID, MAS, and ACER LNG.
DUTIES & RESPONSIBILITIES
Dodd Frank, EMIR, REMIT, MiFID MAS and ACER LNG Regulatory Reporting
- Ensure that all reportable Dodd Frank, EMIR, REMIT, MiFID MAS and ACER LNG trades are uploaded to the relevant repositories by T+1, so that we meet our required Regulatory obligations.
- Investigate and resolve issues where trades have failed to be automatically reported.
- Investigate and resolve discrepancies where we do not match on UTIs with Counterparties.
- Liaise with internal Stakeholders to ensure all non-standard trades can be accurately reported to the Regulators.
- Ensure that all daily, weekly, quarterly and annual reconciliations are monitored and reported in a timely manner, and any issues are investigated and resolved.
- Participate in UAT for external portals and internal systems for changes to automated reporting.
- Management of static data updates received internally and externally.
- Manage the Regulatory Reporting email mailbox and resolve all queries in a timely manner.
- Escalate any issues to management in a timely fashion.
- Build good relationships with internal and external Stakeholders.
- Participate in industry Working Groups to keep up to date with changes in Regulations and Reporting as well as system changes that require testing.
OTHER DUTIES AND RESPONSIBILITIES.
- Provide daily/weekly /monthly metric/stats and relevant commentary to Management.
- Liaison with various teams within the organization such as Front Office, Settlements Regulatory Compliance, Product Control, Legal, IT, Credit. Developing and maintaining excellent working relationships with these stakeholders.
- Ensuring all processes and procedures are constantly reviewed, documented and updated.
- Constantly review and provide ideas for improving processes across the team to streamline and automate current processes.
SKILLS:
- Knowledge of Regulatory Reporting for Commodity products essential.
- Knowledge of Exchange Products.
- Experience in the reporting of Commodity bespoke and structured trades preferred.
- Knowledge of the regulations EMIR, REMIT, Dodd Frank, MiFID, MAS and ACER LNG.
- Experience of the regulatory reporting processes for EMIR, REMIT, Dodd Frank, MiFID, MAS and ACER LNG.
- Good working knowledge of trading systems, preferably ENDUR.
- Experience of using reporting platforms, preferably Equias, Unavista, TriResolve, DTCC, REGIS.
- Exposure to new systems implementation and systems development.
- Fluent in English with excellent written and verbal communication skills.
- Good grasp of Excel.
COMPETENCIES:
- Concern for accuracy and ability to meet tight deadlines.
- Attention to detail.
- Diligent and dependable.
- Able to work as part of a team.
- Good organisational and communication skills.
- Ability to work in a fluid and dynamic environment.
- Proactive self-starter.
- Able to work effectively cross-functionally with all areas of the business.
- Dedication to review and improvement of existing processes.
- Commercially astute with the ability to develop and understand issues.
EXPERIENCE
- Proven experience of working in a Regulatory Reporting Team in an Energy Trading or Bank environment.
EDUCATION
- Degree level education or equivalent work experience
