Gunvor
Regional Head of Compliance - Advisory
Gunvor, Houston, Texas, United States, 77246
Job Title:Regional Head of Compliance - Advisory
Contract Type:Permanent
Time Type:Full time
Job Description:
Overview of Role
We are looking for a Compliance Manager, who will be based in Houston, Texas. He/she will be report to the Head of Legal and assist delivering the Compliance Program for all commodities traded by Gunvor USA. The individual will advise, evaluate and manage compliance issues/concerns within Gunvor USA, and will coordinate compliance initiatives with the head office in Geneva. The position ensures the Directors, management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company's standards of Conduct.
The focus of this position is exchange rules and regulatory compliance. The responsibilities of this position includes leading enterprise compliance efforts, designing and implementing internal controls, policies and procedures to ensure compliance with applicable regulations and third party guidelines; performing thematic reviews, audits and investigations into regulatory and compliance issues; and responding to requests for information from regulatory bodies and authorities.
Main ResponsibilitiesDelivery of accurate and timely compliance advice to both the business (with an emphasis on refined products advice) as well as the control functions within the GroupManage and assist with ensuring the business complies with all exchange-related requirements, and CFTC requirements, including preparation of hedge exemptions and other exchange and CFTC required documents, such as Form 40On a daily and monthly basis, advise the business on trading activity, including monthly position limits, hedge exemption status, and other inquiries, such as rules related to EFPs, TAS, block trades, and intercompany transactionsManage and assist with ensuring the business complies with all EPA, DOE, and Customs requirements in both the US and CanadaManage and assist with global compliance initiatives, such as Trade Hub surveillance and vessel screening, as well as being responsible for the running and review of specific monitoring scenariosAssisting the Group's Compliance Director where required, leading cross-jurisdictional initiatives that arise, developing cross functional (e.g. HR and Risk, Finance) dialogue to ensure collaboration and mitigation of compliance risksAssisting in the development and delivering of Compliance training in the region, including travel to satellite offices to train employeesAssisting the Head of Legal and the Group's Compliance Director in the management regulatory relationships that impact the GroupAssisting the Head of Legal and the Group's Compliance Director in the assessment of new regulations and Directives that impact the business e.g. Dodd-Frank, MAR, and to a lesser degree MiFID2 and REMITStaying up to date with trading sanctions as imposed by either the United States or International Organizations (UN) or specific Countries, in consultation with LegalActing as an independent evaluation body to ensure compliance related issues/concerns in the region within the organization are being appropriately assessed, and closed, in line with the Compliance FrameworkIdentifying potential areas of compliance vulnerability and risk; developing/implementing risk mitigation plans and adapting the Compliance Framework to the mitigate the risks going forwardsProfile
A Bachelor's degree required; Master's desiredPhysical trading experienceExperience of physical commodity and commodity derivatives requiredExperience of regulatory and quasi-regulatory relationship management e.g. CFTC, FTC, FERC, CME, ICEAt least 12+ years relevant working experience within the energy trading industry, with a preferred focus on refined productsTeam player but also able to work independentlyGood communication skills to be able to discuss with senior management, corporate lawyer, business counterparts and external advisersDemonstrates integrity at all times.Punctual, precise, hands-on mentality and service-orientedFluent in English, with Spanish desirableStrong computer skills in Excel, PowerPoint and other MS office applications
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
Contract Type:Permanent
Time Type:Full time
Job Description:
Overview of Role
We are looking for a Compliance Manager, who will be based in Houston, Texas. He/she will be report to the Head of Legal and assist delivering the Compliance Program for all commodities traded by Gunvor USA. The individual will advise, evaluate and manage compliance issues/concerns within Gunvor USA, and will coordinate compliance initiatives with the head office in Geneva. The position ensures the Directors, management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the company's standards of Conduct.
The focus of this position is exchange rules and regulatory compliance. The responsibilities of this position includes leading enterprise compliance efforts, designing and implementing internal controls, policies and procedures to ensure compliance with applicable regulations and third party guidelines; performing thematic reviews, audits and investigations into regulatory and compliance issues; and responding to requests for information from regulatory bodies and authorities.
Main ResponsibilitiesDelivery of accurate and timely compliance advice to both the business (with an emphasis on refined products advice) as well as the control functions within the GroupManage and assist with ensuring the business complies with all exchange-related requirements, and CFTC requirements, including preparation of hedge exemptions and other exchange and CFTC required documents, such as Form 40On a daily and monthly basis, advise the business on trading activity, including monthly position limits, hedge exemption status, and other inquiries, such as rules related to EFPs, TAS, block trades, and intercompany transactionsManage and assist with ensuring the business complies with all EPA, DOE, and Customs requirements in both the US and CanadaManage and assist with global compliance initiatives, such as Trade Hub surveillance and vessel screening, as well as being responsible for the running and review of specific monitoring scenariosAssisting the Group's Compliance Director where required, leading cross-jurisdictional initiatives that arise, developing cross functional (e.g. HR and Risk, Finance) dialogue to ensure collaboration and mitigation of compliance risksAssisting in the development and delivering of Compliance training in the region, including travel to satellite offices to train employeesAssisting the Head of Legal and the Group's Compliance Director in the management regulatory relationships that impact the GroupAssisting the Head of Legal and the Group's Compliance Director in the assessment of new regulations and Directives that impact the business e.g. Dodd-Frank, MAR, and to a lesser degree MiFID2 and REMITStaying up to date with trading sanctions as imposed by either the United States or International Organizations (UN) or specific Countries, in consultation with LegalActing as an independent evaluation body to ensure compliance related issues/concerns in the region within the organization are being appropriately assessed, and closed, in line with the Compliance FrameworkIdentifying potential areas of compliance vulnerability and risk; developing/implementing risk mitigation plans and adapting the Compliance Framework to the mitigate the risks going forwardsProfile
A Bachelor's degree required; Master's desiredPhysical trading experienceExperience of physical commodity and commodity derivatives requiredExperience of regulatory and quasi-regulatory relationship management e.g. CFTC, FTC, FERC, CME, ICEAt least 12+ years relevant working experience within the energy trading industry, with a preferred focus on refined productsTeam player but also able to work independentlyGood communication skills to be able to discuss with senior management, corporate lawyer, business counterparts and external advisersDemonstrates integrity at all times.Punctual, precise, hands-on mentality and service-orientedFluent in English, with Spanish desirableStrong computer skills in Excel, PowerPoint and other MS office applications
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.