Company: Shell
Skills: Energy / Commodity Trading
Education: Bachelors/3-5 yr Degree
Location: London, United Kingdom

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.

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.

Where you fit in

You will be part of the Regulated Activities Team that sits within the Shell Trading and Supply commercial operations business; that integrates a worldwide trading network with an unsurpassed global portfolio in crude oil, re?ned products, natural gas, electrical power, and chemicals, from its main locations across the world. Shell Trading & Supply is one of the world's largest energy traders and is a key part of the Royal Dutch Shell portfolio.

Shell Trading & Supply counterparties include major resource holders of gas, upstream producers, investment banks, trading houses, utilities, power generators and large industrial and commercial gas and power users.

The Regulated Activities team are responsible for 'Transaction Reporting' of OTC Commodity Derivative contracts under the European Market Infrastructure Regulation (UK/EU EMIR), the Monetary Authority of Singapore Regulation (MAS), and the Regulation on Wholesale Energy Market Integrity and Transparency (EU REMIT), which includes Bilateral Gas and Power contracts together with Gas Storage and LNG fundamental data.

What's the role?

You will play a key role in the Transaction Reporting (TR) process, ensuring that Shell remains compliant with its European and Asian regulatory reporting obligations, primarily REMIT, EMIR, and MAS.

As a Regulated Activities Analyst, you will monitor Transaction Reporting tools daily and investigate any issues or discrepancies within mandatory regulatory timeframes. In addition, you will also perform root cause analysis on errors and work with internal IT and external service providers (DeltaconX, Equias RRM, Vaikoon RRM, REGIS TR, DTCC) to develop fixes.

You would need to leverage on your collaboration skills to work with our trading teams to improve accuracy of deal entry with respect to Transaction Reporting.

Furthermore, your accountabilities are as follows:
  • Maintain trade booking / trade confirmation system mappings across different counterparties and markets.
  • Develop new processes and tools to improve Transaction Reporting completeness, timeliness, and accuracy.
  • Work with commercial and compliance stakeholders to understand requirements for new business and implement solutions to increase Transaction Reporting capability as the businesses expands into new markets and products.
  • Proactively stay informed about internal system changes and external regulatory developments. Work with IT and compliance teams to keep Transaction Reporting infrastructure up to date.
  • Participate in industry working groups to build knowledge and remain up to speed with industry best practices in Transaction Reporting

What we need from you

We're keen to hear from individuals who have a Bachelor's or Master's degree. Beyond that, we'd hope to see as many of the following as possible on your CV:
  • Ability to analyse expansive data sets and quickly extract useful information and/or spot discrepancies.
  • Strong proficiency with software applications, including MS Excel, Visual Basic and SQL
  • Proven track record of developing new tools and processes to meet changing business requirements.
  • Ability to identify risks and ine?ciencies in existing processes.
  • Strong problem-solving skills and ability to communicate clear recommendations.
  • Ability to manage multiple con?icting priorities to meet internal and external deadlines.
  • Knowledge of energy trading regulations (primarily REMIT, EMIR, MAS, plus Dodd Frank, Canada, ASIC and FINFRAG would be valuable)
  • Familiarity with oil, natural gas, electricity and financial markets and experience in a trading environment is preferred.
  • Ability to collaborate within team and as part of the wider organisation, openly sharing views and perspectives and encouraging others to share opinions.

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don't feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK's growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There's never been a more exciting time to work at Shell.

Join us and you'll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment - one where you can express your ideas, extend your skills, and reach your potential.
  • We're creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we'll take it from there.
  • We're closing the gender gap - whether that's through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We're striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We're huge advocates for career development. We'll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.