Risk and Compliance Analyst

**KEY RESPONSIBILITIES **[Risk Analyst]**
- Trade capture & reconciliation of physical oil and paper trades (Futures, Swaps, Options).
- Daily position exposure monitoring and reporting to traders, highlighting exposure concentration and hedging requirements.
- Execute and manage hedging programs for traders with brokers (internal / external).
- Daily Profit & Loss computation & validating this against market movements or other costs / revenues.
- Daily & Monthly Profit & Loss and working capital movement analysis and explanatory commentary.
- Daily capture and accrual of secondary costs/revenues and periodic reviews of book accrual status.
- Daily interaction with Operations staff on various aspects of physical oil logistics, quality and costs.
- Liaising with Financial Control team on accounting matters or trade / cost capture in accordance with company guidelines and generally accepted accounting principles.
- Tracking of physical trade movements and notifications and update the relevant trades in the system.
- Ad-hoc trader support and analysis - research and analysis on market structure, spreads, price movements, cargo movements, P&L investigations and explanations, etc.
- Review global position & VAR reports to ensure the desk exposure is reflected correctly in the desk and division VAR reporting.
- Identify, assess, monitor compliance risks and requirements applicable to the Asia Pacific Power trading and origination business;
- Monitor trading activity on exchanges to ensure alignment with Exchange rules and regulatory requirements in various jurisdictions, including Australia, Japan and Singapore;
- Support training on regulatory and compliance requirements and bp’s policies and procedures related to trading compliance, including on all relevant financial services and market abuse regulations;
- Develop and maintain an understanding of regulatory and E&C requirements;
- Monitor developments and proposals and assist with the planning and the implementations of changes into respective business groups;
- Undertake activities in relation to the risk-based monitoring programme and ensure that record keeping supports actions taken and any recommendations made, including but not limited to:

- Developing relationships/partnerships with the business and establishing compliance as enabling business partner;
- Build strong working relationships with other E&C team members to ensure effective knowledge sharing and timely resolution of incidents;
- Provide E&C advice and oversight to the implementation of projects within the area; and
- Assist the business to identify and mitigate risks involved in new business activity.

**Requirements**:
1. Bachelor in Business/ Economics/ Finance/ other numerical discipline or equivalent;
2. Min. 5 years of relevant experience with 5 years in similar capacity;
3. Strong decision-making skills, especially in area of credit approval process;
4. Demonstrate the following Supply & Trading Competencies: Understand the Energy Commodities, Trading Industry & External Market (Skillful Application), Regulatory Compliance & Assurance (Skillful Application), Credit Risk Management (Expert Application), Other Risk Management (Basic Application), Quantitative & Analytical Skills (Skillful Application)

5. Excellent people skills and communication skills, strong team player with ability to work collaboratively with external vendor, and internal staff in the Trading, Risk Management, Operations and Finance Departments;
6. Good ethics and professional conduct, and with strong sense of responsibility and teamwork spirit;
7. Good organisational, time management skills and stress tolerance with proven ability to manage multiple priorities;
8. Meticulous attention to detail and form ;
9. Effectively bilingual in both English and Mandarin (as the position needs to frequently communicate with English/Chinese speaking associates verbally/ in writing whenever appropriate).