Main Purpose:
- Managing the regulatory reporting obligations under regulations such as EMIR, MAS, Dodd-Frank, FinfraG, MAR, REMIT and ELCOM for eligible Trafigura group entities and asset classes.
Knowledge Skills and Abilities, Key Responsibilities:
Essential:
- Working knowledge on Derivatives – Commodity, FX & Rates
- Meticulous attention to detail
- Flexible attitude and self-motivated
- Team player with proven ability to partner with global stakeholders
- Fast learner and comfortable operating in a dynamic environment
- Degree educated or equivalent in a numerate discipline or above
- Proficient in MS Excel
Desirable:
- SME/end-user experience on AXIOM platform
- Working knowledge/experience on reporting transactions under EMIR/MAS/DODD-FRANK/FinfraG/REMIT
- Working knowledge/experience on physical Power and Gas transactions
Key Responsibilities
- Perform Regulatory reporting for regulations such as EMIR, MAS, Dodd-Frank, FinfraG, REMIT and ELCOM.
- Ensure all eligible trades are correctly reported to the respective trade repository within the reporting deadline.
- Work with internal departments, external counterparties and trade repositories to resolve any reporting discrepancy.
- Reconcile reported trades where we have delegated the reporting to external counterparties or brokers.
- Support Compliance team in Market Abuse Regulation related monitoring activities.
- Work with IT and other internal stakeholders to develop our internal systems and processes for any change in the external regulatory reporting environment.
- Key Relationships and Department Overview:
- Internal: Compliance, Traders, Deals Desk, Settlements, Operations, Legal, IT
- External: Counterparties, Clearing Brokers, Executing brokers, Exchanges, Trade Repositories
- Department
All of Trafigura’s global derivatives positions flow through this department which gives us a wide exposure to the different global derivatives contracts in the market. Swaps and Futures is the backbone of Trafigura’s trading structure and as such we are responsible for managing the complete lifecycle of Derivative positions and are the key point of contact for all front and middle office derivative queries. Communication within this department is not limited to internal stakeholders but with external counterparties as well to ensure that the business commercial requirements are met.
The nature of Trafigura’s business is constantly changing with new assets classes being constantly added, all team members are trained to be adaptive to meet this challenge. Whilst tasks might be process-orientated, team members are encouraged to think critically to improve the current workflow. Opportunities in this team exist for cross-training and multiple members of this department in the past have gone on to take on more challenging roles within the organization.
Entity: Trafigura Global Services (TGS) is the fully owned subsidiary of Trafigura, a Global In-House Delivery Center, set up for aggregating Middle and Back office functions critical to support our trading life cycle.
The entity has 600+ employees, adopts best in class technology and practices enabling operations across Europe, Africa, the Middle East and Asia-Pacific.