Commodities Compliance Analyst

Goodman MassonLondon, UK4M ago

Location: London, England, United Kingdom

A global commodities trading house is looking to expand there compliance team and are looking for someone for there general compliance team that gets involved with advising the businesses as well as looking for someone who has some trade surveillance experience.

The compliance function has the responsibility for:

  • Designing and managing the compliance programme framework
  • Providing strategic recommendations to management
  • Supporting and providing advice to businesses on compliance issues
  • Identifying the compliance risks (regulatory and corporate) across all jurisdictions where Vitol operates for both physical and financial businesses, and ensuring Vitol remains in compliance with all applicable laws and regulations (e.g. trade sanctions, bribery and corruptions, Anti-Money Laundering, position limits, etc)
  • Implementation of systems and controls in relation to regulatory, corporate and legal risks
  • Developing and delivering training to Vitol staff
  • Providing support to those in charge of trade monitoring
  • Managing relationship with authorities, regulators and exchanges
  • Advocacy with law makers and regulators

Compliance Analyst

  • Supporting the implementation of the corporate compliance framework
  • Carrying out analysis of third party relationships (counterparties, agents, business partners, M&A transactions)
  • Analysis of new projects and initiatives to understand the compliance risks and make recommendations to rest of the compliance team
  • Conducting compliance led reviews
  • Support the Legal and Finance teams on sanctions related matters

 

Trade Surveillance Analyst will have responsibility for:

  • Day to day monitoring of financial and physical trading activity
  • Review current trade surveillance methodology and drive implementation changes with IT teams
  • Develop a risk based and systematic process to monitor third party relationships (counterparties, agents, business partners, M&A transactions)
  • Carry out communication monitoring and follow up with the business where necessary
  • Undertaking additional activities as directed by the Head of Compliance EMEA and Asia