Compliance Analyst

The Compliance Analyst's responsibilities include;

• Support the Head of Wholesale Markets Compliance to deliver physical and financial regulatory compliance across the group
• Perform all associated BAU activities with wholesale energy (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
• Lead 2LOD assurance for functions across the business, implementing and supporting mitigation strategies whilst providing support on 1LOD and 3LOD activities.
• Support collating information and responding to Requests For Information (RFIs) from regulatory bodies (e.g. Ofgem, FCA) and brokers
• Lead the maintenance of Legal Tables in collaboration with Legal, advising Trading of changes to the regulatory status of tradeable products and their routes to market i.e. via exchanges, brokers, etc.
• Support compliance monitoring and assurance framework (e.g. timely annual risk assessments, audits, etc.)
• Provide Compliance guidance to trading, commercial and strategy colleagues in relation to current and forthcoming regulatory development activities
• Continually manage and improve policies, processes, systems and capabilities in line with the latest regulations
• Continually seek to foster and build relationships with key business partners including Trading, Generation, Legal and Risk
• Develop relationships with internal and external (market operator, regulators) stakeholders
• Facilitate management in the preparation of risk mitigation reports for Committees and other internal forums, as necessary
• Support ad hoc business and projects, as necessary