Senior Internal Control Analyst, Sg

COMPANY DESCRIPTION

**About the Company**

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, Coal and Freight with a platform to trade across all key markets (North America, Europe, Middle East, Africa and Asia). JERAGM is a joint venture between majority shareholder JERA Inc. (JERA) and EDF Trading.

JERAGM operates one of the largest seaborne energy portfolios in the world which gives us an in-depth understanding of the way local, regional and international energy markets behave. These insights enable us to help our customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

The commercial hub of the company is in Singapore, with offices located in Japan (Tokyo), the UK (London) and the US (Baltimore).

DESIGNATION : Senior Internal Control Analyst, SG

RESPONSIBILITIES

**Position Description**

The Internal Control (IC) Function is primarily responsible for ensuring that an appropriate, robust and practical control framework is in place in JERAGM. The spirit of work is one of continuous improvement. The function monitors adherence to and look to improve the defined operating procedures and control processes that underpin the integrity of JERAGM’s core financial reporting, trading and other related business systems. In case of a breach, the function performs an investigation, provides root cause analysis and suggests mitigation actions.

Reporting to the Internal Control Manager, this role will assist the Manager in overseeing control activities across European, US and Asian offices and to ensure that our control framework is governing our business operation in a safe and compliant manner.

The primary responsibility of this role is to review processes and controls, identify any weakness in our controls framework and ensure appropriate mitigating controls are put in place. The role will also ensure that an optimised set of business process maps are in place and our internal procedures are promptly updated to reflect the agreed framework.

This role is to work closely with both commercial and functional teams, to make recommendations, provide solutions to improve our controls and drive efficiency through continuous improvement. He/She will proactively look out for any breach of procedure by our staff and potential control gap that could create a material risk to our organisation.

This role will also have responsibility for collating global Internal Control reporting information that is required by both internal management and external stakeholders.

**Key Role Responsibilities**

The responsibilities of this role include, but not limited to:

- Ensuring an appropriate and tailored IC framework is in place for the various business activities;
- Ensuring consistency of IC approach across the whole JERAGM, particularly ensuring our North American and European operations are in full alignment;
- Providing internal control guidance and support to commercial and functional teams in managing the operational risks, and ensuring the quality and consistency of the internal procedures from an IC perspective;
- Ensuring an optimised set of business process maps is in place to reflect the agreed framework;
- Proactively identify control and process improvement initiatives and drive continuous improvement in the organization;
- Coordinating the Operational Sign Off process for all new business activity/product and tracking action items signed off by relevant functions;
- Conducting formal internal control reviews of commercial desks, middle and back office functions;
- Leading the control gaps/incidents reviews, including root cause analysis, recommending mitigating controls, reporting and tracking the remediation actions;
- Identifying and following-through on improvements to the internal control system, as recommended by internal and external audits;
- Compiling and preparing relevant Internal Control metrics and KPI reports on a monthly and ad-hoc basis;
- Performing daily controls monitoring and review;
- Working in close partnership with Compliance to ensure holistic sets of controls are in placed;
- Coordinating and ensuring key JERA GM policies and procedures are updated annually;
- Ensuring policies and procedures are aligned to our Parents’ Internal Control requirements;
- Providing support to significant system change initiatives and projects to ensure that sound controls are included at the design-phase;
- Providing assistance to the JERA Group Internal Auditing teams and track on time delivery of all audit actions;
- Engaging with external auditors as appropriate;
- Proactively identify external incidents and prepare external incident reports on external events which could have an impact on JERAGM;
- Involvement in ad hoc projects;
- Coordinating and preparing J-Sox reporting

QUALIFICATIONS

**Key Qualifications and Experience**
- Experience in an energy/commodities trading environment, or relate