Compliance Manager - Surveillance (Algorithmic Trading)

A leading player in the energy trading sector is seeking a Compliance Manager to support the delivery of an effective and consistent ethics and compliance (E&C) programme across its London office and recently launched operations in Germany. The role will focus on providing timely regulatory guidance to the European Gas & Power trading business, conducting market and communications surveillance, and shaping governance around algorithmic trading. The successful candidate will join a collaborative global compliance team, contributing to a robust and forward-thinking compliance function. This London-based position includes periodic travel to Germany.

Key Responsibilities

Reporting to the Senior Compliance Manager, this role supports risk identification and mitigation, monitors regulatory adherence, and builds a culture of integrity through training and engagement.

Surveillance & Monitoring

• Conduct trade surveillance to ensure adherence to regulatory obligations and trading venue requirements (e.g., MAR, REMIT).
• Monitor internal communications for indicators of market abuse or the handling of inside information, aligned with regulatory standards.
• Enhance and maintain surveillance tools and processes to detect and report suspicious activities effectively.
• Define and calibrate alert scenarios within surveillance systems to identify potential misconduct.

Advisory & Risk Oversight

• Provide regulatory advice to trading desks and support teams on compliance matters, including business conduct and emerging regulations.
• Support the assessment of new or revised rules and regulatory frameworks, particularly those impacting commodity trading (e.g., MiFID II, REMIT).
• Collaborate with business leaders to identify compliance risks in new initiatives or trading strategies.
• Coordinate risk-based monitoring activities for the Germany office and ensure documentation of relevant policies and procedures.

Stakeholder Engagement & Collaboration

• Develop and maintain strong working relationships across front office, legal, operations, and compliance teams in multiple jurisdictions.
• Partner with colleagues across global compliance hubs to support consistent standards, share best practices, and resolve incidents.
• Play a proactive role in fostering a strong culture of compliance through internal engagement and training initiatives.

Algorithmic & Electronic Trading Governance

• Lead the development and implementation of a control framework for algorithmic and electronic trading activities.
• Advise on governance structures to oversee the design, testing, and deployment of automated trading tools.
• Help identify risks related to inside information management in the context of algorithmic strategies.

Candidate Profile

• Fluent English and professional-level German, both written and spoken.
• University degree (or equivalent experience), ideally in law, finance, business, or a related field.
• Strong understanding of energy commodity trading, products, and market dynamics; familiarity with gas and power markets is a plus.
• Practical experience with algorithmic or electronic trading operations (e.g., monitoring, governance, or control roles).
• In-depth knowledge of relevant regulations such as MAR, MiFID II, REMIT, EMIR, and related venue rules.
• Proven ability to conduct compliance surveillance and develop monitoring frameworks.
• Strong analytical mindset with sound judgment, integrity, and an ability to influence decision-making.
• Excellent communication and interpersonal skills; capable of working across diverse teams and adapting messaging to different audiences.
• Self-motivated with a collaborative approach and the flexibility to manage competing priorities in a dynamic environment.
• Familiarity with trade surveillance systems (e.g., SCILA or similar).
• Experience in developing or delivering compliance training programmes.