REMIT Business Analyst

The role of REMIT Business Analyst involves supporting the technology department in ensuring compliance with REMIT regulations within the industrial and manufacturing sector. This temporary position requires a detail-oriented professional to manage data analysis, reporting, and process optimisation in London.

Client Details

This opportunity is with a large organisation within the industrial and manufacturing sector, known for its innovative approach to technology and compliance. Operating in London, the company is committed to maintaining high standards across its operations and fostering a results-driven environment.

Description

An excellent opportunity for an experienced and versatile REMIT Business Analyst to support our reporting operations and REMIT II delivery programme. The candidate will act as the SME for REMIT reporting operations, working closely with multiple stakeholders. The successful candidate will:
  • Provide compliance oversight and support to our reporting specialists to perform daily REMIT reporting operations and remediation.
  • Lead the analysis and delivery of REMIT II requirements on behalf of the regulatory reporting team, including spearheading engagement with industry and internal working groups on REMIT II development.
  • Document high-quality impact assessment and business requirements.
  • Escalate reporting incidents to the senior compliance manager and document incident for audit purposes.
  • Lead user acceptance testing efforts to ensure solutions meet regulatory specifications.
To succeed in this role, you must have a good understanding of the regulatory landscape in the commodities sector with operational and delivery experience on REMIT transaction reporting and other financial regulations, where appropriate. You must have a strong change management experience with a proven track record of interpreting complex regulatory requirements, analysing regulatory impacts and delivering solutions to support regulatory changes in commodities market. The ideal candidate must be able to work independently, able to influence senior stakeholders across all levels in Ethics & Compliance, Technology, Regulatory Legal and trading benches.
  • Experience of and exposure to commodities environment working specifically on REMIT and EMIR regulations (in reporting operations, change management and/or project implementation capacity) would be preferred.

Profile

A successful REMIT Business Analyst should have:

  • Experience of REMIT transaction reporting operations and exposure to financial regulations such as EMIR refit, MiFID, MAS and/or ASIC are also advantageous.
  • Excellent communicator with the ability to influence senior stakeholders across all levels
  • Strong experience of regulatory horizon scanning, documenting business requirements and impact analysis
  • Hands-on experience in documenting detailed process maps and associated steps
  • Change management and data analysis
  • Experience of participation at industry regulatory working groups e.g. ACER, ESMA, ETE, FIA, ISDA, etc
  • Experience of test case documentation and execution
  • Knowledge of trading lifecycle, waterfall/agile experience
  • Commodities trading background would be advantageous
  • Strong work ethics and compliance mindset
  • Track record of sharing expert regulatory knowledge and training people.
  • Ability to influence change and implement industry best practices on regulatory reporting

Job Offer

  • Competitive daily rate ranging between £500 to £550 a day Inside IR35.
  • Opportunity to work in a large organisation within the energy sector.
  • Based in London with access to a professional and supportive work environment.
  • Hybrid working - 3 days from their Canary Wharf office a week.
  • Chance to contribute to regulatory compliance and process improvement projects.

This is an excellent opportunity for a skilled REMIT Business Analyst to join a reputable organisation on a temporary basis. Apply today to make an impact in the field of technology and compliance.

Company
Michael Page Technology
Location
London, South East, England, United Kingdom
Hybrid / WFH Options
Employment Type
Temporary
Salary
£500 - £550 per day
Posted
Company
Michael Page Technology
Location
London, South East, England, United Kingdom
Hybrid / WFH Options
Employment Type
Temporary
Salary
£500 - £550 per day
Posted