Job Summary
Manage and enhance compliance programs to mitigate risks and ensure regulatory adherence within the oil and gas sector, delivering timely reports and strategic advice to management and business units.
Responsibilities
- Manage and enhance existing compliance program that is effective in dealing with compliance risks.
- Manage and monitor key compliance and sanction activities and report on a regular basis as to their status and actions taken to mitigate such risks, including but not limited to matters of counterparties, vessels and trade structure.
- Maintain manual on compliance processes and procedures and ensuring this is kept updated.
- Advise on business activities that are in or out of scope, per current/future regulatory status as well as evaluate key outputs from regulators, industry bodies and advising Management and respective business/support units of the impact.
- Conduct internal investigation where needed, in relation to any compliance issue and produce investigation report.
- Carry out monthly, quarterly or ah-hoc compliance reporting, internally and externally.
- Assist in developing and improving internal control policies
- Follow up on internal control practices across departments and suggest improvements
- Support internal and external audits with required documents
- Draft, review and negotiate sales & purchases agreements
- Provide advice and guidance on relevant GT&C nuances
- Report progress and key risk areas to management regularly
- Any other duties as assigned
Required competencies and certifications
- Bachelor's degree in law
- Minimum 1 years of experience managing compliance functions relevant to the oil and gas industry
- Experience in negotiating ISDA agreements and CSA will be a plus
- Proven expertise in risk and post-transaction monitoring and analysis within compliance programs
