Our client is an Energy trading business based in London; a subsidiary of a large Energy business in Europe with over 25,000 employees who offer great flexible working conditions!
Being part of our client’s dynamic international team, you will contribute to the development of innovative energy products and the promotion of renewable energy solutions. The trading business operates across four European countries, Germany, the UK, Norway, and Switzerland. This is a very exciting time to join a rapidly growing energy trading business, who offer hybrid working and are shaping the future of the Energy industry!
We are seeking a skilled and detail-orientated Regulatory Reporting Manager. In this role, you will be responsible for ensuring the accurate and timely reporting of transactions under EMIR and REMIT.
The role involves managing the end-to-end reporting process, validating transaction data, resolving discrepancies, maintaining compliance with changing regulatory requirements, and supporting IT with system enhancements. This position will require strong analytical skills, a keen eye for detail and a strong understanding of regulatory frameworks and obligations.
KEY RESPONSIBILITIES:
* Ensure accurate and timely reporting of transactions under EMIR and REMIT regulations to the relevant trade repositories and authorities.
* Review and validate trade data for completeness, accuracy, and compliance with EMIR and REMIT requirements.
* Monitor and interpret regulatory changes related to EMIR and REMIT and adjust reporting processes as needed to maintain compliance.
* Investigate and resolve discrepancies in transaction reports, working closely with internal teams to correct any issues.
* Support the new product approval process to ensure regulatory compliance and integration of new products into reporting systems.
* Provide support during internal and external audits, ensuring all relevant transaction data is accessible and compliant.
* Identify areas for improvement in reporting processes and systems and collaborate with IT and other departments to implement changes.
* Maintain clear documentation of reporting procedures, issues, and resolutions for internal use.
REQUIRED SKILLS & EXPERIENCE:
* Working knowledge of EMIR and REMIT reporting requirements, including the reporting of complex deals (e.g., LNG contracts, Weather Derivatives, PPAs).
* In depth understanding of ESMA and ACER guidelines and ability to use this knowledge to structure reporting, both manual and automated.
* Prior experience of working within an energy trading business.
* Strong proficiency in Excel (VBA skills a plus), familiarity with trade repositories (e.g., Regis-TR), and reporting platforms (e.g., Equias).
* Strong analytical skills with the ability to troubleshoot and resolve issues quickly.
* Ability to work independently, meet deadlines, and collaborate effectively within a team and with internal and external stakeholders.