Senior Internal Control Analyst

COMPANY DESCRIPTION

**About the Company**

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM’s shareholders are among the world’s largest utilities.

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

JERAGM LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets. The coal team manages 60 million tonnes of supply each year for its shareholders and third-party customers and operates a major coal terminal in the Netherlands.

Headquartered in Singapore, JERAGM has a global talent pool of more than 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$3 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

DESIGNATION : Senior Internal Control Analyst - IT Risk Control, SG

RESPONSIBILITIES

**Department**

The Internal Control 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.

**Position Description**

Reporting to the Internal Control Senior Manager, this role will assist 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 identify weaknesses within the organization's IT processes and infrastructures and ensure that proper measures are implemented to minimize such risk. 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 will work closely with both commercial and functional teams, to provide solutions/ recommendations to improve the 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 is also responsible for collating global Internal Control reporting information that is required by both internal management and external stakeholders.

**Main responsibilities**

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

- Ensure an appropriate and tailored IT risk framework is in place and aligned with the overall IC framework;
- Proactively identify IT control gaps and work closely with IT team on the risk mitigations plan and documentation;
- Conduct reviews on the privilege ID usage, ETRM and Finance systems’ user access rights to ensure adherence to access controls standards;
- Provide support on IT risk and control type of initiatives, including new system implementation and significant system change projects to ensure that proper controls are considered and included at the design-phase;
- Ensure an optimised set of business process maps is in place and aligned with the system controls;
- Lead and conduct IT related control gaps/incidents reviews, including root cause analysis, identification of mitigating controls, follow-up on the remediation actions;
- Proactively identify control and process improvement initiatives and drive continuous improvement in the organization;
- Provide 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;
- Coordinate the Operational Sign Off process for all new business activity/product and tracking action items signed off by relevant functions;
- Perform daily controls monitoring and review;
- Compile and prepare key risk indicator report on a monthly and ad-hoc basis;
- Ensuring consistency of IC approach across the whole JERAGM;
- Coordinate and ensure key JERA GM policies and procedures are updated annually and are aligned to our Parents’ Internal Control requirements;
- Provide assistance to both internal and exte