Trade Monitoring and Compliance Advisor

Location: 

Houston, Texas, US, 77002

Job ID#:  669
Job Category:  Commercial / Risk
Position Type:  Regular FT

JERA Americas Inc. is part of a global energy company, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Summary

 The Trade Monitoring and Compliance Advisor will be responsible for ensuring compliance with FERC, CFTC, and Exchange Rules, as well as implementing trade monitoring and surveillance procedures based on the Company’s trading activity.  The ideal candidate will have a strong understanding of physical and financial derivatives trading concepts for exchange traded and bilateral transactions, as well as a deep knowledge of power, gas, environmental products, and other energy commodities, hedging strategies, and power & gas market fundamentals.

Position Description

  • Perform real time and post trade surveillance of physical and financial derivatives transactions; Monitor employee business conduct including voice and electronic communications and marketing material.
  • Identify, manage, and escalate potential regulatory failures and risks. Determine corresponding action plans and solutions.
  • Ensure the maintenance and improvement of an appropriate control environment to manage and mitigate regulatory risk associated with algorithmic and electronic trading.
  • Work with all business units and internal partners to pro-actively identify key regulatory risk exposures and develop appropriate controls to manage and mitigate these risks.
  • Update the compliance program policies, procedures on an ongoing basis to account for changes in regulation and new business; Optimize the effectiveness and the efficiency of the compliance monitoring program by reengineering the compliance processes and enhancing the compliance tools and surveillance systems.
  • Conduct internal reviews and investigations and respond to regulatory enquiries and examinations.
  • Prepare and present quarterly trade desk review reports and dashboards.
  • Perform a regulatory watch and participate in deploying new regulatory projects.
  • Provide advice to the business line in terms of trade conduct compliance. Review new products and activities to ensure that new initiatives are delivered in compliance with regulatory obligations.
  • Develop training and education programs to front line employees and support functions.

Qualifications

Required Education and Experience

  • Undergraduate degree in business, economics, accounting, finance, or similar quantitative discipline; Advanced degree is a plus.
  • Minimum of 5 years in an Energy Trading Firm, with 3 years’ experience in a Market Compliance role or an equivalent market compliance role at an exchange, RTO/ISO or governmental regulatory oversight body.
  • Strong, working understanding of Energy markets and products (Power, Natural Gas, Liquefied Natural Gas, Environmental Products, etc.); experience with day-to-day operations, risk management and trading practices used in the industry and how such trading activities may interact to create the appearance of market manipulation or other market rule violations.
  • Existing knowledge of and use of trading analytical tools and trade surveillance software.
  • Proficient in the use of MS Office applications (PowerPoint, Word, Advanced Excel, Outlook)

AP/EEO Statement

JERA Americas Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.


Nearest Major Market: Houston