Want to join us on our journey?
This position is responsible for accurately and timely confirming physical Power, Gas, Environmental Products, Green Certificate, Derivative and FX trades, with external Clients and Brokers, as well as the reporting of these trades to Dodd Frank, EMIR, REMIT, MiFID, MAS and ACER LNG Regulators.
The role is an excellent opportunity for a talented and motivated Confirmations / Regulatory Reporting Analyst to gain exposure across a very wide range of energy products and to work in a dynamic and ambitious company.
What you will do?
Power, Gas, Environmental Products, Green Certificate, Derivative and FX Confirmations
- Accurate checking of standard, bespoke and structured trade confirmations received from Counterparties to the ETRMs.
- Ensuring the issue and receipt of timely and accurate confirmations to and from Counterparties and investigating and resolving discrepancies.
- Completeness of Broker Reconciliations, to ensure that all trades are captured correctly in ETRMs.
- Checking of Direct trades that are executed. Ensuring that trades are booked correctly in our ETRMs.
- Ensuring trades feed electronic matching platforms and that trades are matched with Brokers and Counterparties by T+1. Investigate and resolve discrepancies.
- Ensure that we send out paper confirmations to counterparties we do not electronically match with by T+1.
- Complete trade reconciliations with Grids to ensure that all trades are captured correctly in ETRMs. Investigate and resolve discrepancies.
- Complete Excel based reconciliations of internal and external Counterparty transactions.
- Build good relationships with Counterparties and Brokers.
- Management of static data updates received internally and externally.
- Escalate issues to management in a timely fashion.
Dodd Frank, EMIR, REMIT, MiFID, MAS and ACER LNG Regulatory Reporting
- Ensure that all reportable Dodd Frank, EMIR, REMIT, MiFID, MAS and ACER LNG trades are uploaded to the relevant repositories by T+1, so that we meet our required Regulatory obligations.
- Investigate and resolve issues where trades have failed to be automatically reported.
- Investigate and resolve discrepancies where we do not match on UTIs with Counterparties.
- Liaise with internal stakeholders to ensure all non-standard trades can be accurately reported to the Regulators.
- Ensure that all daily, weekly, quarterly and annual reconciliations are monitored and reported in a timely manner, and any issues are investigated and resolved.
- Management of static data updates received internally and externally.
- Escalate any issues to management.
What you’ll bring
· Knowledge of confirmations for Commodity products essential.
- Experience in the checking / drafting of Commodity bespoke and structured confirmations preferred.
- Knowledge of the regulations EMIR, REMIT, Dodd Frank, MiFID, MAS and ACER LNG.
- Experience of performing the regulatory reporting processes for EMIR, REMIT, Dodd Frank, MiFID, MAS and ACER LNG.
- Good working knowledge of trading systems, preferably ENDUR
- Experience of using an electronic matching platform, preferably Equias.
- Experience of Swift matching for FX confirmations.
- Exposure to new systems implementation and systems development.
- Fluent in English with excellent written and verbal communication skills.
- Good grasp of Excel.
- Proven experience of working in a Confirmations and /or Regulatory Reporting Team in an Energy Trading or Bank environment.
- Experience of working with Trading Counterparties/Brokers and direct contact with Trading desks.
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Our offer to you
In return we offer a competitive starting salary supported by a comprehensive, and broad reaching benefits package which includes
- bonus earning potential
- non-contributory pension
- 25 days holiday plus bank holidays and volunteering days
- buy / sell holidays
- life assurance
- medical and dental insurance
- range of optional flexible benefits
We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.
Who are we?
Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.
SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.
Join SEFE and help us secure gas supply across Europe and shape a better, more sustainable tomorrow.
Securing energy – now and for the future.
