Commodities Compliance Lead
Licensed sponsor London Area, United Kingdom Full-time Posted 1 hour ago
Rutherford Search is exclusively partnering with an elite US hedge fund with over $20bn in AuM and offices across the US, London, Europe and APAC. As the firm expands its commodities trading, it is appointing its first Commodities Compliance Lead, reporting directly to the Global CCO.
The role
You will be the firm’s subject matter expert on commodities regulation and the primary compliance adviser to the trading desks. The firm trades across a range of commodities, with power and gas the core focus across Europe, the UK and the US. This is a rare opportunity to build and shape a global commodities compliance framework from the outset, with direct access to senior leadership and the front office.
Key responsibilities
- Provide day-to-day regulatory advice to commodities trading desks across European, UK and US power and gas markets
- Lead on REMIT compliance, including inside information, transaction reporting, registration and STOR obligations
- Advise on US commodities regulation, including CFTC rules on position limits and anti-manipulation, and FERC oversight of power and gas markets
- Design and build the firm’s commodities compliance framework, including policies, procedures and controls
- Advise on market abuse, position limits and reporting obligations across MAR, MiFID II and EMIR
- Work with surveillance teams to develop monitoring tailored to commodities trading
- Track regulatory developments, including REMIT II, and translate them into practical guidance for the business
- Act as the key point of contact for energy regulators, including Ofgem, ACER, the CFTC and FERC, on commodities matters
About you
- 5–10 years’ compliance experience within commodities trading, gained at a bank, hedge fund, trading house, utility or energy trading firm
- Strong working knowledge of power and gas markets, and of REMIT
- Exposure to US commodities regulation (CFTC and FERC) is highly desirable
- Confident advising traders in a fast-paced, front-office environment
- Experience building or enhancing compliance frameworks
- Commercially minded, with the credibility to act as the go-to expert for senior stakeholders
