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Legal and Compliance Manager

InterGen
locationLondon, UK
PublishedPublished: Published 5 days ago
Business Compliance
Full time
Legal & Compliance Manager
Powertica Commodities UK Ltd - London, United Kingdom

About Us

Powertica is a dynamic new energy trading company, supported by InterGen, one of the UK's largest independent power generators with 2.8 GW of CCGT and OCGT capacity. As a startup with scale, we combine the agility of a new venture with the backing of real, substantial assets. We are building our trading and risk capabilities from the ground up, offering a unique opportunity to shape the foundation of a rapidly growing energy business.
The Role

Are you ready to for a new challenging and rewarding career?

We are looking for a new Legal and Compliance Manager to join as a key member of our Trading & Commercial team. This role will be at the forefront of our regulatory and compliance efforts, ensuring we navigate the complex regulatory landscape with expertise and precision. You will bring strong subject matter expertise in regulatory affairs and market compliance surveillance, leading this function within Powertica UK and providing solid advice on local and European regulations. If you're ready to jump into a fast-paced environment where your career will be accelerated, we'd love to hear from you!
Summary of Responsibilities

Monitor, analyse and interpret local and European regulations, providing expert and timely advice and guidance across the organisation delivering solutions whilst managing risk

Develop strong relationships and liaising with key internal and external stakeholders (including regulatory bodies e.g. Ofgem, FCA)

Deal with external inquiries from regulatory authorities (Ofgem, FCA), market platforms (e.g. EPEX, Nordpool), and others (National Grid ESO), escalating where required

Report on compliance and governance matters to the Chief Executive Officer

Analyse new trading products/geographies and provide guidance on risks and mitigation measures

Plan and deliver bespoke training programs related to REMIT and market abuse regulations to teams, deliver employee training on the regulatory and compliance requirements

Participate in industry association meetings, advocacy, regulatory proceedings, and market rules/legislation development
Why you?

You are a subject matter expert in UK legislation, market codes and your knowledge of regulations like MAR, MiFID, EMIR and REMIT are unmatched. You will excel in short-term market compliance, CCGT monitoring and have previous experience with EU commodity exchanges and derivative trading. You'll bring excellent communication skills, using them to regularly communicate with regulatory authorities like Ofgem and the FCA, meaning that building relationships will come naturally to you. You have an entrepreneurial spirit, strong analytical skills and get satisfaction from solving complex regulatory issues.

You are a legal and compliance master who can balance market compliance with commercial opportunities while maintaining governance frameworks and compliance reporting, ready to take on a new challenge and help us drive compliance excellence.
What's in it for you?
• A fast-paced environment where your contributions have an immediate impact
• A close-knit team with over 50 years of combined experience in trading, risk, energy market, and systems
• A unique opportunity to help shape a startup's Legal and Compliance function backed by large-scale assets
• Opportunities to work with and learn from technology and colleagues across multiple countries
• Competitive salary and bonus, with real opportunities for progression
• Benefits include Pension, Private Medical Insurance, EAP, Eye Care Vouchers, Life Assurance, Season Ticket Loan, Holiday Buy & Sell Scheme, enhanced sick pay and enhanced maternity/paternity/adoption leave.

Please note: while this is a Powertica UK role, InterGen are currently supporting with the recruitment.

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