Overview
Senior Regulatory Business Analyst – Energy Trading House | £110,000 + Bonus + Benefits | 3 days office, LDN
Regulatory Reporting Business Analyst required for a world-renowned Commodities & Energy Trading House currently undergoing a major technology transformation. This is an opportunity to play a pivotal role in modernizing and enhancing regulatory reporting frameworks across a diverse range of global trading desks. With a strong presence in power, gas, LNG, and oil, and an exciting new metals desk, it is a chance to work at the cutting edge of the commodities markets.
Responsibilities
- This Regulatory Reporting Business Analyst role will be focused on improving and changing the Regulatory Reporting processes that make up the Trading House systems landscape.
- You will work with users from across the business and cover functionality across the end-to-end trade lifecycle for physical commodities and energy products.
- As a Regulatory Reporting Business analyst working in a Commodities & Energy trading firm, you will gain full deal lifecycle exposure, from pre-trade, trade capture, risk, regs, clearing & trade settlement. Therefore, significant exposure to the Front-to-Back trade lifecycle, with demonstrable knowledge of traded derivative products for ETD and OTC is required, with specific knowledge around REMIT, EMIR, Dodd-Frank, MiFID II, and other relevant energy trading regulations.
- Responsibilities include working exceptionally closely with the business and IT as the conduit between, making sure business processes are aligned with IT delivery.
Qualifications / Requirements
- Understand how UTIs are generated, allocated, and shared between counterparties to ensure consistent EMIR reporting.
- Explain how EMIR aims to increase transparency, enhance market stability, and reduce systemic risk through trade reporting, clearing, and risk mitigation.
- Explain the key EMIR reporting fields (e.g., UTI, counterparty LEIs, product identifiers, valuation, collateral) and how they are sourced from the trade lifecycle.
- Understand where EMIR and MiFID II reporting obligations intersect, and how the same trade may need to be reported under both regimes for different regulatory purposes.
- How EMIR Refit aligns certain data fields with MiFIR, and be able to identify potential gaps or conflicts that impact reporting processes.
- Distinguish between an LEI (Legal Entity Identifier), which identifies counterparties, and a UTI (Unique Trade Identifier), which uniquely identifies each transaction.
- If you would like to apply, please send your latest CV to this post or directly to shabana@virtuetech.io
Role Details
- Senior Regulatory Business Analyst – Energy Trading House | £110,000 + Bonus + Benefits | 3 days office, LDN
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Information Technology