Trading Compliance Analyst

Trading Compliance Analyst

Client:

Abacus Group are working with a leading utilities company to recruit for a Trading Compliance Analyst to join the Belfast team. You will be joining a leader in their field who, due to their innovative service to thousands of customers has led to them being named as one of Ireland’s Top 50 firms.

Benefits:

• Career development
• On site car parking
• Bonus
• Health cash plan

Role:

The successful candidate will support the Back-Office Compliance Manager in managing compliance activity across the business. The successful candidate will play a key role in supporting the business by ensuring that retail activities and trading is carried out in an efficient, controlled, and risk-free manner and that all relevant policy and procedures are complied with. The individual will get to learn and understand new market arrangements associated with I-SEM to support the operational and commercial decisions associated with participating in the market. The successful candidate should be a highly motivated individual who enjoys working within a fast-paced team environment and has the capacity to manage a varied workload.

Your duties include:

• Support Back Office Compliance functions
• Chair the Retail Risk Committee
• Co-ordinate the (Retail) Compliance function
• Maintain and update the compliance and monitoring programme for the (Retail) business
• Assist in the review and update of policies and procedures for relevant offices
• Identify potential areas of risk exposure and recommend corrective action
• Ensure adequate breach reporting is in place throughout the (Retail) Business
• Report updates of Compliance activity to the Risk Management Committee
• Ensuring FO (Retail) trades are transacted and recorded in line with policy
• Monitor trader limits
• Assist with the monitoring of customer credit
• Assist in the development and maintenance of a suite of risk reports
• Confirm front office deals including gas, carbon, and power – ensuring that trades are transacted and recorded in line with policy
• Ensure compliance with European Market Infrastructure Regulation (EMIR) and Regulation on Energy Market Integrity and Transparency (REMIT)
• Ensure trades are reported accurately and within defined timelines to the relevant trade repositories
• Report on KPIs
• Ensure risk mitigation techniques are in place and reviewed regularly

Requirements:

• Previous experience of working within a trading / settlement environment
• Previous experience of updating or working with policies and procedures
• Excellent numeric and analytic skills with the ability to present findings and recommendations in a clear and concise manner
• Proficient in the use of Excel
• Strong problem-solving skills with emphasis on attention to detail.

Primary Contact:

• Nicky Strutt 

Next Steps:
Please submit your application or speak to a specialist consultant from the Abacus team on 0044 (0) 28 9031 3157 for a confidential discussion. We aim to respond to all inquiries within 4 business hours.
The team at Abacus manages a range of permanent and contract positions throughout Northern Ireland, the UK and the Republic of Ireland. If you are experienced and/or professionally qualified we can support your job search.
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