Our client is a renowned and global commodity MNC. This is a perm role.
Reporting to a senior compliance person, you are responsible for ensuring that the Marketing/trading teams comply with the Internal Group policies /procedures and externally driven regulations, resulting in a well-controlled Marketing organisation, where losses due to governance failure or non-compliance with regulations are avoided.
TYPICAL TASKS
- Implement the firm’s Marketing compliance programme, including policy drafting, KRI definition, training for all commercial staff etc.
- Provide compliance advisory service to the Marketing BU Front, Middle and Back Office teams to advise on Marketing and Trading activities and how impacted by relevant external regulation, including:
- EMIR,
- MiFID II,
- Anti-bribery & Corruption compliance
- Competition Law and Market Abuse (MAR/ MAD) compliance
- And other social, ethical, and environmental regulations
- Implement monitoring and reporting processes using trader surveillance tools, to enable:
- The prevention and detection of Market abuse
- The detection and reporting of “suspicious” orders or transactions
- Monitor the external regulatory environment for changes that impact the Marketing BU, and update compliance Framework and materials accordingly.
- Work with Group Legal to understand the implications of the upcoming regulation and devise implementation plan for the marketing business.
- Ensure all Marketing Executives/employees are fully aware of their compliance responsibilities and duties through the provision of an annual training plan, regular written and face to face communications and the provision of Marketing specific guidance documents.
- Maintain the ‘relevant employee’ model for Marketing BU where employees are assigned a compliance profile in accordance with the compliance risks faced by their role, and maintain training plan accordingly
- Assist Group Policy Owners to tailor training materials for Marketing BU focus (includes Anti-Trust with Group Legal, and Business Integrity with Group EBCT). Assist in the provision of training to Marketing employees. Ensure training provided to all relevant Marketing Employees in accordance with their risk profile.
- Embed Compliance culture in Marketing Business Unit, be point of contact in Singapore office for training and queries.
- Perform the annual Compliance Risk Assessment process to identify and manage Marketing Business Unit’s compliance risks,and assist with Group Risk Assessment process.
- Provision of monthly/ quarterly reporting on training completion, GEH/ COI submissions and other Compliance issues/ declarations.
- Complete the automation of Compliance activities and reporting in the Marketing CORE Compliance tool.
QUALIFICATIONS
• University degree in relevant field, such as Law, Accounting or Economics
EXPERIENCE
• Around 4 to 6 experience in compliance gained in investment banking or commodity firms.
•Ideally experience of compliance/ risk management in a trading environment will be useful but not a must
•Experience of working with detailed legal/ policy documentation regarding UK/ EU/ International Regulations
•Experience within a complex organisation across different countries and jurisdictions, cultures, interfacing with internal and external stakeholders.
•Experience of working in a regulated industry.
•Experience in Trade Surveillance (Market Abuse)
•In depth knowledge of Anti Bribery & Corruption and Competition Laws
•Excellent governance skills
•Strong quantitative and analytical skills
•Strong interpersonal and communication skills
•Strong ability to prioritise and work effectively to meet deadlines, strong project management skills
•Self-starter and highly professional
