British Gas Graduate Scheme – Compliance Analyst In Barry

Overview

Position Title: Compliance Analyst

Company: Centrica

Location: Barry, UK

Job Description

Centrica has an exciting opportunity for a Financial Crime Due Diligence Analyst to join us and be an integral part of the Group Financial Crime team in Windsor, providing support to Counsel, Corporate Crime and Sanctions (MLRO) and the Due Diligence Manager.

Responsibilities:

• To support the Group Financial Crime team, and the Due Diligence Manager, in onboarding various types of third parties, across the Group, including: trading counterparties, brokers, agents, M&A targets and investments. To conduct CDD / ‘know your customer’ (KYC) checks on new and existing third parties, carry out periodic reviews consistent with Centrica’s procedures and ensure that accurate records are kept and maintained.
• In line with Centrica’s financial crime requirements and guidance, and the Group due diligence procedures, you will classify third parties from a risk and regulatory perspective, including accurate analysis of ownership structures / layered entities and apply appropriate risk ratings. You will conduct screening against watchlists and adverse media reporting and ensure the timely escalation of issues identified to management for resolution.\
• You will work closely with Centrica’s Energy, Marketing and Trading business, which holds an FCA authorised entity (Centrica Energy Trading Limited), to help meet its legal and regulatory obligations. This will include undertaking screening for sanctions and, where relevant, politically exposed persons (PEPs), investigating third parties for any adverse information and having an awareness of the Money Laundering and Counter Terrorist Regulations.

Requirements:

• Experience in global commodity trading business operations and the relationship to third parties highly desirable;
• Understanding of international statutory, regulatory requirements and best practice associated with third party risk management, in particular within the FCA regulated sector;
• Excellent written and oral communication skills with strong analytical skills;
• Confidence in communicating with key business stakeholders and external parties;
• Ability to demonstrate high levels of integrity, and trust, and an ethical track record;
• Ability to demonstrate a strong attention to detail and to swiftly, critically assess information to facilitate business decisions;
• Proficient in use of multiple due diligence/KYC systems and Microsoft Office products;
• Extensive relevant professional experience, i.e., due diligence/KYC, energy market experience in a trading environment, relevant UK compliance, regulatory, legal, risk;
• Certified qualificati\n in AML / KYC from a recognised institution, e.g. ICA / ACAMS or equivalent preferred;