Compliance Market Conduct Advisor

Job Description

Our broader Compliance team sets the compliance strategy and monitors and manages the specific areas of risk exposure across the business to provide the Board and the group’s executive team with assurance of the group’s ongoing compliance with its regulatory obligations and policies.

The Market Conduct Compliance team is responsible for the provision of advice and guidance to the business on regulatory and procedural issues, with particular focus on conduct of business and application of relevant Rules and Regulations. This includes identifying regulatory developments, analysing and interpreting new regulations, managing relationship with the regulator(s)/Exchanges/TSO’s, updating regulatory policies and providing advice, delivering Compliance training and providing Compliance expertise for key business projects.

We are now looking for a Compliance Market Conduct Advisor to join our Compliance team to be based in our Head Office in Oslo.

• Ensure compliance with the Statkraft’s regulatory requirements under REMIT, MAR, Exchange & internal rulebooks
• Build and maintain a thorough understanding of exchange, transmission system operator & regulatory environments, relevant rules and regulations, technologies and systems, and operational processes
• Assist with requests for information and/or investigations from various stakeholders
• Focus on delivery of the Statkraft Compliance Plan, including adapting and developing this to meet changing requirements
• Take accountability and ownership for specific areas of the Statkraft Compliance Plan
• Provide compliance guidance and training across all business lines
• Support and advise on breach prevention, detection and escalation in physical & financial markets of both external rules and internal compliance policies
• Incident follow up in conjunction with internal & external stakeholders
• Knowledge of the energy industry
• Working understanding of Nordic Day Ahead, Intra Day & ancillary markets
• Contribute to and support the team’s efforts to deliver on its compliance objectives
• Energy industry group participation

Qualifications

• University degree level
• Experience working in a similar role 
• Good understanding of the EU & global commodities market conduct framework including key regulations (REMIT, MAR, NEM, FERC,CFTC, EMIR & MIFID,)
• Experience from trading, auditing, surveillance, investigative activities or related functions would be an advantage
• Fluent in Norwegian & English (any additional languages beneficial)
• Willingnes to travel

Additional Information

At Statkraft, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes (non-exclusive): 

• Unlimited learning opportunities at various levels of the organisation including Linkedin Learning and our internal competence development system “Motimate”
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds
• The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet”
• A work culture that puts emphasis on the individual, offering flexible working solutions, parental leave and work life balance principles
• A focus on fun outside of work, supported by various activity groups Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.

Our vision is to renew the way the world is powered. To navigate the complex journey ahead, we need every voice at the table. We therefore work actively to be a diverse and inclusive workplace and welcome all applicants regardless of background, gender, age, sexual orientation, religious belief, ethnicity, nationality or disability. 

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.  
Statkraft manages critical infrastructure and services in several countries. We conduct background checks on qualified applicants before hire. This may include a conflicts of interest statement from candidates.