Compliance Analyst

Compliance Analyst

The Position

ElectroRoute is seeking a Compliance Analyst to join the compliance team. The successful candidate will report to the Compliance Manager. As a trading firm with a focus on energy commodities, the most relevant compliance areas are:

• European financial regulations and directives such as European Market Infrastructure Regulation (EMIR), Market Abuse Regulation (MAR), Markets in Financial Instruments Directive (MiFID II) and energy specific regulations such as Regulation on Energy Markets Integrity and Transparency (REMIT);
• Electricity and Gas Licenses in Ireland, U.K. and continental Europe;
• Internal Policies and Procedures on data protection, competition, anti-bribery and whistleblowing, to name a few.

Compliance is a very dynamic function which requires working with external and internal parties alike. ElectroRoute has ambitious growth plans, affording the successful candidate valuable experience and exciting career opportunities.

The Role of the (Position) will include:

This is a varied and dynamic role, which will entail the following duties (including but not limited to):

• Analysis of trade surveillance alerts: assist with the monitoring and analysis of suspicious trading patterns. This will entail working closely with traders to understand their trading strategies and determine if they are compliant with regulations.
• Regulatory reporting reconciliation: performance of appropriate checks to ensure that all regulatory reporting (under EMIR, REMIT, MiFID II, etc.) is being conducted to the relevant standards.
• Perform regulatory reporting when required.
• Perform sanction screening checks when onboarding new counterparties.
• Maintenance of the compliance issues register, investigation of mitigation solutions and assistance to the compliance team in putting such measures in place.
• Respond to KYC or compliance requests from exchanges, brokers, counterparties, and other external stakeholders.
• Support the team in providing Compliance training for the staff.
• Support the administration of internal policies and procedures, keeping them up to date by reflecting regulatory and organisational changes and informing relevant individuals of such changes.
• Management of the communications surveillance system.

The Successful Candidate should be able to demonstrate the following:

• Possess a Finance, Economics, Accounting or similar Honours Degree.
• Excellent analytical and research skills with great attention to detail.
• Good knowledge of excel.
• Critical-thinking and problem-solving skills.
• Good presentation skills are also fundamental.
• Ability to work independently on own initiative, using good judgement and discretion.
• Be flexible and eager to learn in new fields and develop new work practices.

Desirable but not essential

• Previous work experience on compliance, trade surveillance, auditing, back office, or financial operations.
• Knowledge of programming and databases.
• Ability to work with large amounts of data and present them in meaningful ways.
• Knowledge of the electricity, gas or other energy commodity sectors.
• Knowledge of derivatives markets (futures and options) or financial regulations.

The successful candidate will receive training in the different regulations and tasks upon joining the company.