Optimus

Senior Market Compliance Analyst

Optimus$110K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field; advanced degree or certifications preferred.
  • 5-8+ years in energy trading compliance or related areas.
  • Thorough knowledge of North American wholesale power markets.
  • Experience with physical and financial power trading activities.
  • Understanding of FERC and CFTC regulations and market-conduct rules.
  • Familiarity with trade surveillance and monitoring platforms.
  • Proficiency in data analysis and automation tools.

Responsibilities

  • Conduct surveillance of energy trading activity including various power products.
  • Monitor market activities for compliance and regulatory risks across multiple jurisdictions.
  • Review and analyze trading positions, transactions, and market data.
  • Investigate potential compliance issues and escalate concerns as necessary.
  • Develop and enhance monitoring reports and analytics tools.
  • Provide advisory support on market rules and regulatory compliance to trading teams.
  • Conduct compliance risk assessments and recommend controls for trading operations.

Benefits

  • Comprehensive healthcare options including medical, dental, and vision.
  • Retirement savings plans with company matching contributions.
  • Generous paid time off and flexible working arrangements.
  • Professional development opportunities including training and certifications.
  • Employee assistance programs for personal and professional support.
Full Job Description
The Senior Market Compliance Analyst (Power) provides compliance oversight, surveillance, regulatory analysis, and advisory support for the Company's physical and financial power trading activities. The role covers organized and bilateral power markets, virtual transactions, FTRs, congestion products, capacity markets, renewable products, and related trading activities.

Working closely with Trading, Commercial, Risk, Operations, Legal, and senior management, this position monitors trading activity, interprets market rules and regulatory requirements, investigates potential compliance issues, and provides practical, risk-based guidance to the business.

Responsibilities
  • Conduct surveillance of physical and financial power trading, including virtual transactions, FTRs, congestion, capacity, renewable products, and bilateral transactions.
  • Monitor activity across PJM, ERCOT, CAISO, MISO, SPP, NYISO, ISO-NE, and other North American power markets for market-conduct, tariff, and regulatory risks.
  • Review trading positions, transactions, market concentration, position limits, ISO/RTO and exchange data, and other relevant market information.
  • Investigate surveillance alerts, unusual trading patterns, potential market abuse, tariff violations, and other compliance concerns; engage with traders and escalate issues as appropriate.
  • Develop and enhance surveillance reports, dashboards, analytics, and automated monitoring tools.
  • Advise traders, originators, schedulers, marketers, and commercial teams on market rules, tariffs, market conduct, and regulatory requirements.
  • Conduct compliance risk assessments and recommend controls for trading strategies, products, and new business activities.
  • Monitor developments from FERC, CFTC, ISOs/RTOs, MMUs, NERC, and other authorities and assess their impact on trading activities and compliance controls.
  • Maintain and enhance compliance policies, procedures, governance documentation, and trading controls.
  • Support regulatory inquiries, audits, investigations, examinations, and data requests.
  • Conduct communications surveillance and support compliance training and regulatory-readiness initiatives.
  • Participate in new-product, market-expansion, technology, and strategic initiatives to ensure appropriate compliance controls are incorporated.

Requirements
  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, Computer Science, Business, Energy Management, Law, or related field; advanced degree/certifications are a plus.
  • 5-8+ years of relevant experience in energy trading compliance, market surveillance, regulatory affairs, market monitoring, risk, or regulatory advisory.
  • Strong knowledge of North American wholesale power markets, including organized and bilateral markets and ISO/RTO structures.
  • Direct experience supporting physical and financial power trading, including virtuals, FTRs, congestion products, bilateral power, capacity, swaps, futures, and options.
  • Strong knowledge of ISO/RTO tariffs and market rules across markets such as PJM, ERCOT, CAISO, MISO, SPP, NYISO, and ISO-NE.
  • Strong understanding of FERC and CFTC regulations, anti-manipulation requirements, market-conduct rules, and enforcement expectations.
  • Experience conducting trade surveillance, investigations, compliance monitoring, risk assessments, and analysis of trading and market data.
  • Experience with surveillance/monitoring platforms such as SMARTS, CubeWatch, Whistler, Behavox, Fairwords, Shield, Power BI, or Spotfire.
  • Proficiency with data and automation tools such as SQL, Python, Power BI, Alteryx, Power Query, Excel/VBA, or similar technologies.
  • Natural gas, LNG, renewable energy, and environmental-products experience is a plus.
  • Strong analytical, communication, and stakeholder-management skills, with the ability to independently evaluate complex trading activity and provide practical compliance guidance.

Similar Jobs

More Jobs at Optimus

More Energy & Utilities Jobs

Find similar Senior Market Compliance Analyst jobs: