GENEVE, Switzerland
2 days ago
Operational Compliance Analyst – Temporary contract 12 months
Country Switzerland City GENEVE Workplace location GENEVE-WTC1(CHE) Employer company TotalEnergies Gas & Power Ltd Domain Finance, Legal Affairs, Particular Situations Type of contract Fixed term position Contract duration 12 Months Experience Minimum 3 years Context & Environment

The Trading activities related to TotalEnergies Gas and Power (TGP) are responsible for optimising the purchase & sales portfolios of gas, electricity, CO2 emissions, dry bulk, and LNG in all recognised markets worldwide, in compliance with the Group trading guidelines.

The Analyst will be working in the Operational Compliance Team (OPC) and report to the Head of Operational Compliance.

Activities

TotalEnergies Gas and Power (TGP) operates in very volatile markets. The activity carries large market exposures, which must be closely monitored and controlled at any time. The regulations in place in each market are embedded into national law and must be always obeyed. Therefore, our role is to understand them and identify the changes affecting TGP’s trading activity.  

The European Market Infrastructure Regulation (EMIR),  the Regulation on Energy Market Integrity and Transparency (REMIT),  the Electricity Commission (ELCom) and  Markets in Financial Instruments Directive (MiFID II)  Australian Securities & Investments Commission (ASIC) Monetary Authority of Singapore (MAS) are the main six regulations TGP is reporting daily. 

The Operational Compliance Analyst will work in an environment with a high potential business impact while assisting the OPC team to adapt its risk control framework and tools to the new financial and physical regulations. This will require the analyst to understand very complex and fast-evolving market environment (change in regulation, volatility...), and to develop challenging new projects in a fast-growing business. 

You will have the opportunity to discover key European and world trade reporting regulations and play an active role to ensure Middle Office, Back-office and Finance provide a compliant and accurate operational result.   Most importantly to ensure that the controls in place are adapted, up to date and appropriate to the activity and the current regulatory practices.

 

What you will do:
 

The Operational Compliance Analyst (OPC) will work in the OPC team under the risk control department and is in charge of the day-to-day operational regulatory activities and risk mitigation techniques. 

Daily tasks would include:

Be in direct contact with the Regulators and advise upon new reporting obligationsAssist the business on new markets and productsEnsure the completion and reporting of day-today activities and analyse the feedbacks received from the regulatorsWork closely with Front Office, Middle Office, Finance, Credit, Legal & Compliance DepartmentsCoordinate with employees and market trade data from other sites (Geneva, Paris, Houston, Singapore)Update and create innovative processes using Business Intelligence Tools.Analyse legal texts and publications to interpret them for reporting purposesDevelop and supervise long-term projects Participate in webinars and conferences to discuss over regulatory changes and represent TotalEnergies within the industry (EFET, DTCC, ISDA)Advise affiliates on their reporting requirements and provide trainings if requiredData analysis for Initial Margin and Collateral reports and implement regulatory models (SPAN and SIMM model)Derive the ICE margining model used for IM using machine learning and apply it to TGP’s portfolioCollaborate closely with the Integrated Power Business Unit and Power origination teams to understand the company strategy for the energy transitionConduct in-depth studies on Power Purchase Agreements (PPAs), evaluating their terms, risks, and reporting implications, with a focus on mark to market valuation, critical for daily regulatory reporting.

 

Candidate Profile

As an OPC will play an active role for the accuracy and completeness of all compliance control reports of the risk control department, the following skills are important: 

You hold a Master’s Degree in Economics/Finance/Business/Mathematics or Quantitative discipline. A numerical Master’s Degree – Science (MSc) or Engineering (MEng) desirable.You have at least a 3-year experience in the fieldStrong English and/or French Language knowledgeComprehensive understanding of exchange setup and its associated productsComfortable with comprehending legal documents and adept at integrating them into day-to-day activitiesFamiliarity with the Clearing process and proficiency in modelling regulated risk parametersDemonstrates a high degree of accuracy and can perform effectively under pressure while meeting daily deadlinesProficient in utilizing Advanced Power BI and AlteryxProficiency in other programming languages such as Python, R, Dax, C#

 

At TotalEnergies, we believe that our employees’ fulfilment has its roots in the wealth of the experiences they are offered. We are an equal opportunity employer committed to respecting diversity and inclusion in the workplace.
 Applicants will receive consideration for employment without regard for race, color, gender, religion, national origin, disability, military status, age, marital status, sexual orientation.

Candidates with disabilities are encouraged to apply. We will provide necessary accommodations upon request.

 

Additional Information TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.
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