Operational Compliance Analyst

Job description

GENEVE-WTC1(CHE)
Job Description

The 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 the risk mitigation processes, document & update the new procedures relating to operational compliance and help develop responses to new regulatory environments.

The role holder will have the opportunity to discover key European and world trade reporting regulations and play an active role in 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 up to date and adapted and appropriate to the activity and the current regulatory practices.

 

Offer ID

21014BR
Country

Switzerland
About us / company profile

Give your best to better energy and make the commitment with Total. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 100,000 employees: to make energy better each and every day.

Trading Shipping :

One of the most active players in the international oil markets

We have built a vast network of customers and suppliers worldwide, enabling us to trade on a daily basis with national oil companies, producers, other oil majors, refiners, traders, distributors and end-users.

We actively trade most crude grades and nearly all qualities of refined products, from high sulphur cracked fuel oil to gasoline components.

We have developed a set of trading strategies and expertise, which allows us to respond permanently to market changes and opportunities.

Through our commitment to the oil markets, we have become a major player in all their various aspects: physical, futures and derivatives.

Salary currency

CHF
Candidate profile

The Operational role holder 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: 

·  Strong and clear communication skills in English and French 
·  Organised and rigorous
·  Strong analytical and problem solving skills
·  Initiative
·  Interpersonal skills
·  High levels of flexibility with regards to working hours
·  High degree of accuracy and ability to work under pressure under daily deadlines
·  Comprehensive understanding of risk management methodologies
·  Comfortable in understanding legal text and ability to transpose the documentations on the day to day activity
·  Ability to use Advanced Microsoft Excel, Power Pivot and including excel functions
·  Ability to use other Quantitative software’s
·  Degree qualified in Economics/Finance/Business/Mathematics or Quantitative discipline. A numerical Masters Degree – Science (MSc) or Engineering (MEng) desirable.
Prior work experience: 0 – 4 years

Métier

Financial Middle / Back Office
Job Title

Operational Compliance Analyst
Branch

Trading-Shipping
Functional discipline

Finance
Experience level required

0 - 3 years
Employment type

Regular position
Affiliate (if known)

TOTSA TOTAL OIL TRADING SA
Interview location

GENEVE
Context and environment

The OPC role holder 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:

·  UTI generation, collection and communication with counterparties
·  Calculation of the daily notional value for the trading activities in London and Asia
·  Reconcile trades with the counterparty and reduce any discrepancies found
·  To ensure the completion and reporting of day-today activity to the regulators and analyse the feedbacks received from the regulators
·  Work closely with Middle Office and Back Office, Finance, Credit, Legal & Compliance Departments
·  Work closely with employees and market trade data from other sites (Geneva, Paris, Houston, Singapore)
·  Update existing and create new innovative processes using Business Intelligence Tools.
·  Provide support with the management of Regulatory projects and act as Business Project Manager
·  Support the definition of TGP’s operational procedures and compliance framework
·  Report to Operational Compliance Manager any breach in the daily compliance process
·  Deal with the daily compliance issues and direct them when appropriate to existing channels for investigation and resolution.
·  Maintain appropriate documentation, records and reports for review by the Auditors or the regulators.