Regulation Manager EMEA

What’s the role?

Reporting to the Head of Financial Crime, Regulation and Conduct Risk, the Regulation Manager EMEA is a member of the Financial Crime, Regulation and Conduct Risk Leadership Team within T&S Compliance. The Regulation Manager EMEA will provide timely, accurate and robust guidance to T&S on existing and upcoming financial services and physical and financial commodity trading market laws and regulations in EMEA, with support from T&S Legal as needed.

The Regulation Manager EMEA will be responsible for:

• Managing the EMEA Regulatory Risk Team and coordinating activities with the regulatory risk team leads in other regions.
• Partnering with the Regulatory Operations team to provide subject matter expertise, as needed, on the development and maintenance of Business Activity Statements for each of the T&S businesses (including jurisdictions, legal entities, applicable regulators, licenses and regulations).
• Partnering with the Regulatory Operations team to support the T&S businesses in understanding and quantifying the impacts of regulatory driven change as part of T&S’s overall regulatory change management processes. 
• Managing T&S regulatory relationships and interactions for the EMEA region, including maintaining T&S’s relationships with financial regulators and / or trading regulators (exchanges) on all non-contentious, routine and customary matters and handling requests for information and other inquiries from trading regulators, in consultation with Legal and Regulatory Affairs as required, in such a way as to ensure they remain open and constructive.
• Supporting the T&S Chief Compliance Officer and Head of Financial Crime, Regulation and Conduct Risk for Financial Conduct Authority (FCA) engagements
• Working with Legal and Regulatory Affairs in assessing and responding to proposed commodity trading financial services laws and regulations.
• Acting as the regional Subject Matter Expert (SME) for regulation, providing guidance on exchange and commodity market trading rules, and the rules of any other class of trading venue of whatever nature (bilateral or multilateral), and on any associated clearing house or transaction reporting repository with support from Legal as needed.
• Acting as regulation SME for T&S regulatory change implementation projects, as needed. 
• Monitoring external Compliance incidents / events and provide detailed analysis on these to the Head of Financial Crime, Regulation and Conduct Risk, the Compliance Leadership Team and other senior management as required.
• Monitoring industry practices with respect to global financial regulation.
• Representing Trading & Supply in trade associations, as appropriate.
• Supporting External Relations / Government Relations teams on regulatory issues.
• Collaborating with the T&S Compliance Training team to develop and deliver Regulatory training to the global T&S Compliance team and the T&S business.

• Supporting the Head of Financial Crime, Regulation and Conduct Risk to provide SME input for responses to any regulator or exchange queries.
• Partnering as a Regulation SME with other parts of Compliance and other Functions, including Legal, Finance and Audit.
• Being an active and effective member of the Financial Crime, Regulation and Conduct Risk team and cooperating with the other regions to provide seamless advice on regulations to T&S.

Dimensions:

• 3 direct reports and required to deliver effectively through others.
• Problem solving: Navigates through complex regulatory problems by understanding the regulation, listening to different views, identifying the critical issues and articulating the way forward.  It is expected that the complexity of problems at this level will require over 10 years’ experience in order to understand and assimilate all the competing and conflicting data points and arrive at a solution.  The range of problems to be solved at this level is likely to be extremely broad and encompass many different geographical jurisdictions as well as relevant legislation. 
• Stakeholder relationships: Builds relationships with stakeholders at different levels in the organisation whilst maintaining independence and tenacity of approach.  Key to success in this role will be the ability to influence and establish relationships with T&S Leadership Team (Senior Executive level) and external regulators.
• Communications: Communicates complex subject matter clearly and simply and identifies the key messages for stakeholders. Adapts communication style depending on the stakeholder audience and comfortable in having difficult conversations.
• Issue management: Identifies, tracks and manages issues and works with stakeholders to resolve problems and continuously improve processes and controls.

What we need from you

• The ideal candidate will have extensive experience in providing regulatory advice to a commodities trading organisation. 
• Deep knowledge of global financial and commodity trading regulations, particularly in relation to EMEA.
• Prior experience of managing others would be beneficial. 
• Understanding and experience of commodity markets.
• Strong knowledge of Anti Money Laundering Regulation and White-Collar Crime.

• Strong knowledge of exchange rules relevant to the EMEA region.
• A sound knowledge of the T&S Businesses (including Crude, Products, Energy, Shipping, Operations and Supply) is desirable.
• Excellent team player with the ability to work closely with others to deliver results, identify and resolve issues; shares information and keeps team members and management informed.
• Robust written and verbal communication skills with the ability to influence at all levels of an organisation, both internally and externally, and engage with a wide range of stakeholders. 
• Demonstrated ability to collaborate and partner with business stakeholders, other compliance team members and other functions.  
• Compliance is a foundation of the way in which T&S does business and therefore integrity is one of the fundamental values that we are seeking as part of the Compliance team.  We believe integrity is the hallmark of a person who demonstrates sound moral and ethical principles during their work.  Integrity is the foundation on which coworkers build relationships, trust, and effective interpersonal relationships.  It is essential that the successful candidate will be able to give clear examples of integrity as one of their core values. 

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.