Full-Time

Regulatory Analyst

Posted on 8/6/2024

Octopus Energy

Octopus Energy

1,001-5,000 employees

Provides affordable green energy solutions

Data & Analytics
Automotive & Transportation
Energy

Entry, Junior

London, UK

Hybrid position based in London, UK.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Power BI
Data Analysis
Requirements
  • Some years of experience in a financial services setting, preferably within compliance or risk management.
  • Proficiency in Microsoft Power App, Power BI, and Advanced Excel is essential.
  • Analytical and problem-solving skills.
  • Communication skills, both written and verbal.
Responsibilities
  • Ensure accurate and timely submission of MiFIR, EMIR, and REMIT regulatory reports.
  • Monitor regulatory updates and changes to ensure ongoing compliance.
  • Collaborate with internal stakeholders to gather and verify data for reporting purposes.
  • Conduct due diligence and screening of third-party relationships.
  • Maintain an up-to-date database of third-party risk assessments.
  • Identify and escalate potential risks associated with third-party relationships.
  • Develop and implement risk control monitoring and testing plans.
  • Conduct regular reviews and testing of internal controls to ensure effectiveness.
  • Prepare and present reports on control testing outcomes and recommendations for improvement.
  • Utilise Microsoft Power App, Power BI, and Advanced Excel for data analysis and reporting.
  • Create and maintain dashboards to monitor key compliance and risk metrics.
  • Provide insights and data-driven recommendations to support decision-making processes.
  • Work closely with the Compliance Manager and other departments to support compliance initiatives.
  • Communicate effectively with regulatory bodies, auditors, and other external parties as needed.
  • Stay informed about industry best practices and emerging trends in regulatory compliance.

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$2.5B

Headquarters

London, United Kingdom

Founded

2016

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • 'Zero Bills' initiative could revolutionize sustainable living in the UK.
  • Partnership with Energisa opens South American renewable energy market.
  • Investment in Ocergy enhances offshore wind capabilities globally.

What critics are saying

  • Increased competition in renewable energy may impact market share.
  • Rapid international expansion exposes Octopus to geopolitical risks.
  • £3 billion repayment to UK government could strain financial resources.

What makes Octopus Energy unique

  • Octopus Energy's Kraken platform optimizes energy usage for zero-bill homes.
  • The company leads in electric aircraft charging with AeroVolt collaboration.
  • Octopus Energy's global reach includes partnerships in Brazil and Japan.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Company Match

Parental Leave

Flexible Work Hours

Company Equity

OE Group Share Scheme

INACTIVE