Regulatory Reporting Analyst - Trading
Shell
If you're a Regulatory Reporting Analyst with proven experience, we can offer you the opportunity to contribute to Shell’s commitment to the energy transition. This role is an excellent opportunity for a to gain exposure across a very wide range of energy products and to work in a dynamic and ambitious company. 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!
**What’s the role**
The Regulated Reporting Team is part of Commercial Operations, working closely with cross-commodity lines of business, Regulatory Compliance, Global Contracts, Legal, and IT to ensure that Trading & Supply remain compliant with their OTC Commodities Regulatory Reporting obligations. The 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. As such, the key to this role is the ability to be flexible, adaptable, open-minded, goal-oriented, and control framework conscious.
You will be responsible for the timely, completeness and accuracy of reporting OTC trades under EMIR, REMIT, MAS, and ASIC, covering Power, Gas, Environmental products, FX, and Oil product types.
**What you’ll be doing**
You will be accountable for the following:
+ **Monitor Reporting Activities:** Provide assurance with respect to EMIR, REMIT, MAS, and ASIC transaction reporting requirements, investigating and resolving discrepancies.
+ **Issue Remediation and Regulatory Reporting Flows:** Identify, investigate, and remediate trade reporting issues related to data quality, completeness, and accuracy, while understanding regulatory reporting flows, including exception management, to ensure timely resolution within expected timelines.
+ **Quality Assurance:** Conduct quality assurance reviews of regulatory submissions.
+ **Regulatory and Compliance Management:** Reference and review regulatory texts, guidance documents, and industry best practices; collaborate with compliance teams to interpret evolving regulatory requirements and implement system changes; accordingly, ensure processes and controls are aligned with internal policies and external regulatory rules and obligations **.**
+ **New Business:** Liaise with Front Office to implement new products and business for regulatory reporting by defining key requirements and implementations.
+ **Impact Assessment, Business Requirements, and Testing:** Perform detailed impact assessments of industry changes and analyse business requirements; assist in test strategy definition, produce test plans, support system integration testing, and execute User Acceptance Testing, embedding changes as part of an agile development lifecycle.
+ **Reporting Procedures:** Develop and maintain reporting procedures that ensure accuracy, completeness, and timeliness.
+ **Develop KPIs:** Assist in the development of industry-standard KPIs to identify, assess, and monitor key risks, and assist in planning and executing remediation activities.
+ **Continuous Improvement:** Promote and drive continuous improvement within the team, contributing to complex changes within a transaction/regulatory reporting environment.
+ **Stakeholder Relationships:** Build and develop strong relationships with stakeholders across business, compliance, contracts, settlements, risk, legal, and IT.
+ **Central Contact:** Act as a central point of contact for reporting queries from both internal and external stakeholders. Provide guidance to stakeholders on regulatory reporting requirements.
+ **Data Collaboration and Accuracy:** Collaborate with multiple departments and upstream business teams to gather, validate, and ensure the accuracy and timeliness of regulatory data.
+ **Reconciliations:** Perform Broker and ETD reconciliations to ensure all trades are reported accurately, timely, and completely by the OMP and clearing brokers.
**What you bring**
We are keen to hear from candidates with proven experience in regulatory reporting for EMIR, REMIT, MAS, and ASIC, with a strong understanding of other relevant energy trading regulations and a willingness to expand into new regimes.
+ Bachelor’s or master’s degree.
+ Detailed understanding of transaction reporting requirements across UK and EU jurisdictions (EMIR), REMIT (including table 1 and 2).
+ Strong understanding of Front-to-Back trade lifecycle processes, including trade capture, clearing, and settlement.
+ Must have commodity experience, both physical and financial.
+ Experience with User Acceptance Testing and regulatory change projects in Commodities or Financial Services.
+ Proficiency with software applications (MS Excel, PowerPoint, PowerBi, Visio).
+ Strong analytical, problem-solving, and communication skills.
+ Ability to manage multiple priorities and meet deadlines.
+ Experience with SaaS solutions (e.g., DeltaconX), Trade Repositories (e.g., REGIS-TR, DTCC,), and Registered Reporting Mechanisms (e.g., Equias BV, Vaikoon RRM).
+ Good understanding of Crude Oil, Refined Oil Products, LPG, Gas, Metals, Power & Environmental Products.
+ Financial markets and trading environment experience preferred.
+ Collaborative and team-oriented mindset.
**What we offer**
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.
+ Progress as a person as we work on the energy transition together.
+ Continuously grow the transferable skills you need to get ahead.
+ Work at the forefront of technology, trends, and practices.
+ Collaborate with experienced colleagues with unique expertise.
+ Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
+ Benefit from flexible working hours, and the possibility of remote/mobile working.
+ Perform at your best with a competitive starting salary and annual performancerelated salary increase – our pay and benefits packages are considered to be among the best in the world.
+ Take advantage of paid parental leave, including for non-birthing parents.
+ Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
+ Grow as you progress through diverse career opportunities in national and
+ international teams.
+ Gain access to a wide range of training and development programmes.
**Shell in The United Kingdom**
Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.
In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.
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