Analyst, Commercial Compliance Europe

Location: London, UK

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

Who We Are

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.

We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.

Fostering an Inclusive Work Environment

To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

Job Summary

Our Commercial business manages the company's worldwide commodities, supply, and marketing needs. We are seeking an Analyst, Commercial Compliance Europe, to join our London team, and who will work with the Senior Advisor, Regulatory & Compliance Europe.

This is a junior/early-career position intended to provide development opportunity for someone with limited professional experience who is interested in building expertise as a regulatory and compliance professional within the UK and EU wholesale energy markets.

The ideal candidate will have 1 or more years of experience in the UK and EU wholesale energy markets, preferably in a regulatory and/or compliance role. This position will support the UK businesses on commercial compliance and regulatory policies, processes and procedures, and reporting of wholesale energy transactions under REMIT/REMIT II and EMIR, including crude, natural gas, and LNG. The Commercial Regulatory & Compliance function collaborates with a diverse range of stakeholders to promote a culture of compliance and proactively identify and address potential risks. By providing guidance and training, we enable our business to operate confidently within the regulatory environment.

Position Overview

Your responsibilities may include

• Coordinating the preparation, review and submission of regulatory reports arising from ConocoPhillips activities and licensing obligations in EU/UK, including monitoring applicable reporting deadlines and formats
• Conducting horizon scanning of regulatory changes across the EU and UK which may affect the organisation’s regulatory obligations including reporting requirements
• Providing guidance on commercial compliance policies, laws and regulations impacting the ConocoPhillips UK companies, including current wholesale energy and financial regulations, legislation and potential developments in the EU/UK commodities markets
• Acting as a point of contact for compliance and regulatory matters, while maintaining discretion and judgment in safeguarding confidential materials
• Ensuring compliance with MiFID II, EMIR, REMIT, MAR, Bribery Act, Modern Slavery, and ECCTA regulations through appropriate monitoring and mandated reporting requirements
• Evaluating and anticipating the potential impacts of proposed regulatory developments and attending applicable industry forums
• Collaborating with the internal stakeholders, including the front office, Legal, and the corporate Commercial Compliance team, in support of the Commercial business’ goals
• Assisting in providing guidance, preparing and disseminating communications to internal stakeholders, including front office, and the ConocoPhillips UK companies
• Ensuring that the business maintains an appropriate suite of compliance and regulatory policies and procedures
• Developing and providing compliance and regulatory training to applicable staff

Success Profile

Takes Accountability: Takes ownership of actions and follows through on commitments by courageously dealing with important problems, holding others accountable, and standing up for what is right.

Communicates Effectively: Invites dialogue to gain a shared understanding and influences with confidence to drive performance and achieve business results.

Partners Collaboratively: Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals

Basic Requirements

1 or more years of work experience, internship, or placement, in the EU/UK energy commodity sector

Exposure to, or a strong interest in developing knowledge of EU/UK commodities markets, including gas, crude, & LNG