Specialist Trading Risk amp Compliance

Profile

Texas, United States of America

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

June 7, 2022

Business unit:

Downstream

Experience Level:

Experienced Professionals

Job Description:

Specialist, Trading Risk & Compliance

What’s the role?

The Trading & Supply (T&S) Compliance Monitoring & Surveillance (M&S) team is responsible for the global oversight and monitoring of trading practices and business communications in T&S. This role serves as a subject matter expert in chosen product/market area(s), supporting investigations related to these products and upskilling the team. The Specialist will also actively identify ways to improve the coverage and effectiveness of surveillance undertaken, based on a strong understanding of the product/market area(s) and associated risks and regulations.

This role reports into the Senior Regional Specialist Americas and is based in Houston.

As a Specialist, Trading Risk & Compliance , you will be responsible for the following duties:

Conduct investigation of escalated trading activity, business communications or transactions based on automated alerts, leveraging a strong understanding of market dynamics and a wide range of risks and how they may manifest, to assess for potential market integrity, compliance risk or financial crime

Act as SME for position limit monitoring undertaken by Analysts and assist with exemptions, account mapping and breach escalations

Take ownership of the escalated alerts and conduct level 2 investigation into suspicious activities. Ensuring escalations follow the M&S processes including peer review and team leadership oversight, analysis is completed in a timely and quality manner, assessing whether all avenues have been explored to make the correct determination

Assist and provide feedback to Analysts on alert escalations and provide weekly reporting and metrics to management.

Conduct quality assurance on closed level 1 alerts, assessing that M&S processes have been followed and analysis is of sufficient quality, with the right decisions being reached. Provide feedback and training to Analysts as required

Periodically assess and manage the monitored population

Proactively review trends and emerging risks/regulations against existing monitoring to assess current coverage and risk areas requiring additional monitoring

Lead targeted monitoring of individuals, desks or transactions based on trigger events, including analysis of trading and communications activities and other available data points, to assess for potential market integrity or other compliance risks, focusing on high-risk and high-complexity areas, while supporting targeted monitoring by Analysts

Support Regional Senior Specialists in producing analysis and documentation of information required for STOR/STR filings, investigations and RFI responses

Identify and lead changes to surveillance process and automated alerting to drive effectiveness or efficiency improvements, based on market and risk understanding

Support compliance change projects as an SME in specific product area, providing insight into requirements and testing

Lead training for M&S team in specialist product/market or risk areas

Continually enhance specialist product area knowledge and deep understanding of market integrity risks. Proactively develop insight into chosen area and continually look for ways to improve surveillance coverage

Work collaboratively with the other Specialists in the region to deliver as one team. Liaise also with Specialists in other regions to share knowledge and learnings

Liaise with and seek advice from Compliance Advisory and other Compliance SMEs as required

Liaise with business stakeholders as required

Requirements

What we need from you –

Must have legal authorization to work in the US on a full-time basis for anyone other than current employer

Monitoring and Trade Surveillance: Advanced understanding of market integrity risks and how they would manifest themselves across Oil and Energy markets based on strong knowledge of previous cases and experience

Regulatory Landscape Insight: Proficient understanding of market integrity, compliance and financial crime regulations and expectations and the ability to apply these to assess whether the firm’s activities are in line with regulations/expectations

Market and Product Knowledge: Advanced understanding of oil and energy products and how they trade, including physical markets logistics (covering multiple product areas), and therefore the ability to identify unusual behaviors across complex activities

Data Manipulation and Analysis: Proficient data manipulation and analytical skills allowing for large data sets to be assessed to identify trending and outliers to support investigations into trading activities.

Core Soft Skills : Proficient communication and collaboration skills, demonstrating the ability to set the right tone and relay information succinctly and/or persuasively to get tasks completed in a timely manner. Advanced business analysis and report writing skills to process information, make critical judgements and present findings in a clear and concise manner

Management: Ability to manage small teams, providing training, support, and mentorship to a small number of individuals

Candidate must have minimum of (5) five years of working experience in power, oil & gas, or in any relevant work

Bachelor’s Degree in any related field is required

Company description

As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity, and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork, and professionalism, as well as pride in what we do and how we conduct business.

Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.

An innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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Company info

Shell .
Website : https://www.shell.com