Senior Regulatory Reporting

2 weeks ago


London, United Kingdom Shell Full time

**The Role**:
Building an integrated power and gas business and offering cleaner energy solutions remains our number one priority. Join us and you’ll add your talent to a business with the power to shape the future.

**Where you fit in**

Shell Trading integrates a worldwide trading network with an unsurpassed global portfolio in Crude Oil, Refined Oil Products, LPG, Gas, Power & Environmental Products with larger locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and Bahamas.

Shell Trading & Supply (T&S) is one of the world’s largest energy traders and is a key segment of the Royal Dutch Shell portfolio.

The Regulated Activities Team is part of Commercial Operations, working very closely with Front Office, Compliance, and IT to ensure that the Trading & Supply businesses remain compliant with their Regulatory Reporting requirements under UK/EU EMIR, EU REMIT and Singapore MAS.

The Regulated Activities team is an energetic and fast-paced evolving environment, where people are encouraged to play an active role in achieving compliance against our regulatory obligations across business; as such the key to this role is the ability to be flexible, adaptable, open-minded, goal-orientated, and control framework conscious.

**What’s the role?**

You will play a key role in the Regulatory Reporting process, ensuring that the Trading business’ remains compliant with their regulatory reporting obligations, primarily European and Asian regulations such as REMIT, EMIR, and MAS, but might extend into other regimes such as US (CFTC, NFA), Canadian (CSA), Australian (ASIC) Regulations, plus other European regulations such as MiFID, FinfraG.

As a Senior Regulatory Reporting (SME), you will be responsible for:

- Oversight of business and data requirement documentation covering the implementation of a strategic regulatory reporting platform.
- Deep understanding of the regulatory reporting landscape, particularly Europe and Asia, in conjunction with a strong understanding of how those regulations should be implemented operationally.
- Comfortable to discuss regulatory reporting requirements and processes with a wide variety of stakeholders, business users, and IT.
- Perform detailed impact assessment of Industry change, delivered through a number of channels including industry publications (ESMA, FCA, OFGEM, ACER, MAS, CFTC, NFA, ASIC, CSA), TRUM, FAQs, Q&As, technical standards, XML schema updates, draft guidance notes, Industry forums/associations, and updates to Regulatory Reporting Solution, Transaction Repository (TR) and Registered Reporting Mechanisms (RRM) documentation.
- Consultation in the creation of Regulatory Compliance policy documentation.
- Consultation on Regulatory Reporting matters as part of the New Business, Deal Approvals, and Group Investment Proposition processes.
- Significant input into business process design, documentation, and reengineering.
- Helping the team develop and maintain a robust controls framework.
- Regulatory Training documentation and delivery

**What we need from you**

We’re keen to hear from individuals who have a Bachelor’s or Master’s degree. Beyond that, we’d hope to see as many of the following as possible on your CV:

- A track record in delivering complex change within a Transaction/regulatory reporting environment.
- Ability to analyse expansive data sets and quickly extract useful information and/or spot discrepancies.
- Proven track record of developing new tools and processes (both tactical and strategic) to meet changing business requirements.
- Ability to document AS-IS / TO-BE processes, identifying risks and inefficiencies in those processes.
- Strong problem-solving skills and ability to communicate clear recommendations.
- Ability to manage multiple conflicting priorities to meet internal and external deadlines.
- Knowledge of energy trading regulations (primarily REMIT, EMIR, MAS, but also CFTC, NRA, CSA, ASICS and FINFRAG would be valuable)
- Experience in dealing with SaaS solutions, such as DeltaconX.
- Experience in dealing with Trade Repositories such as REGIS-TR, DTCC and ICE Trade Vault, and Registered Reporting Mechanism (RRM) such as Equias BV and Vaikoon RRM.
- Familiarity with Crude Oil, Refined Oil Products, LPG, Gas, Power & Environmental Products. Financial markets and experience in a trading environment is preferred.
- Ability to collaborate within team and as part of the wider organisation, openly sharing views and perspectives and encouraging others to share opinions.

**Company Description**

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell wi



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