Manager Wholesale Markets Compliance
About Snowy:
Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy. We also provide electricity and gas to about 1.5 million retail customers through our retail brands Red Energy and Lumo Energy. Snowy 2.0 is Australia’s largest committed renewable energy project. This nation-building project will provide on-demand energy and large-scale storage for many generations to come.
About the position:
Are you a seasoned compliance professional with an understanding of wholesale energy markets? Snowy Hydro is looking for a Manager, Wholesale Markets Compliance to join our dynamic team in Sydney.
Reporting to the Head of Compliance, you'll play a vital role in ensuring the integrity and compliance of our wholesale market operations, which include treasury, electricity, environmental certificates, and gas.
Your responsibilities will include:
- Driving Compliance Frameworks: Implement, maintain, and report on Snowy Hydro's risk and compliance framework for wholesale market businesses.
- Portfolio & Trading Risk Management: Coordinate the maintenance, review, update, and continuous improvement of Snowy’s Portfolio & Trading Risk Management Framework (PTRMF) and its associated policies, procedures, and controls.
- Risk Analysis & Reporting: Analyse financial and non-financial risks within Snowy’s wholesale trading portfolios, preparing and sharing comprehensive risk reports with various risk committees.
- Compliance with Regulations: Support the Portfolio & Trading team in meeting various compliance obligations, including the National Electricity Rules (NER), National Gas Rules (NGR), Australian Financial Services (AFS) Licence, Anti-Money Laundering and Counter Terrorism Financing (AML/CTF), ASIC Derivative Transaction Reporting Rules, AER Enhanced Wholesale Market Monitoring, and other trade and regulatory reporting.
- Monitoring & Assurance: Support the implementation of monitoring and assurance processes, assessing the adequacy and effectiveness of existing controls.
- Stakeholder Engagement: Coordinate engagement with teams across the business to ensure transparency and effective information sharing.
- Process Improvement: Identify opportunities for process improvement and streamlining to enhance efficiency and collective output.
About you:
- Bachelor's degree or higher in a relevant discipline and/or relevant industry qualification(s).
- Previous experience in a risk, compliance, wholesale market, and/or other relevant function.
- Excellent written and verbal communication skills with a high attention to detail.
- Proven stakeholder engagement skills and a strong capability for building lasting relationships.
- Ability to work independently and successfully deliver on complex workstreams.
- Ability to make a positive contribution to Snowy Hydro’s risk and compliance culture, modelling behaviours aligned with our values.
- Experience in relevant energy (and/or associated) wholesale markets is highly regarded.
About our workforce:
Diversity and inclusion is important to us. Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and wellbeing of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive.
Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for a role with Snowy Hydro and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an email with your request to the Snowy Hydro recruitment team at recruitment@snowyhydro.com.au
About Snowy:
Snowy Hydro is a dynamic, integrated energy business that has been providing on-demand, reliable energy to Australia for generations. Snowy Hydro owns and operates a powerful combination of generation assets, including the mighty Snowy Mountains Scheme, gas and diesel plants, and contracted wind and solar energy. We also provide electricity and gas to about 1.5 million retail customers through our retail brands Red Energy and Lumo Energy. Snowy 2.0 is Australia’s largest committed renewable energy project. This nation-building project will provide on-demand energy and large-scale storage for many generations to come.
About the position:
Are you a seasoned compliance professional with an understanding of wholesale energy markets? Snowy Hydro is looking for a Manager, Wholesale Markets Compliance to join our dynamic team in Sydney.
Reporting to the Head of Compliance, you'll play a vital role in ensuring the integrity and compliance of our wholesale market operations, which include treasury, electricity, environmental certificates, and gas.
Your responsibilities will include:
- Driving Compliance Frameworks: Implement, maintain, and report on Snowy Hydro's risk and compliance framework for wholesale market businesses.
- Portfolio & Trading Risk Management: Coordinate the maintenance, review, update, and continuous improvement of Snowy’s Portfolio & Trading Risk Management Framework (PTRMF) and its associated policies, procedures, and controls.
- Risk Analysis & Reporting: Analyse financial and non-financial risks within Snowy’s wholesale trading portfolios, preparing and sharing comprehensive risk reports with various risk committees.
- Compliance with Regulations: Support the Portfolio & Trading team in meeting various compliance obligations, including the National Electricity Rules (NER), National Gas Rules (NGR), Australian Financial Services (AFS) Licence, Anti-Money Laundering and Counter Terrorism Financing (AML/CTF), ASIC Derivative Transaction Reporting Rules, AER Enhanced Wholesale Market Monitoring, and other trade and regulatory reporting.
- Monitoring & Assurance: Support the implementation of monitoring and assurance processes, assessing the adequacy and effectiveness of existing controls.
- Stakeholder Engagement: Coordinate engagement with teams across the business to ensure transparency and effective information sharing.
- Process Improvement: Identify opportunities for process improvement and streamlining to enhance efficiency and collective output.
About you:
- Bachelor's degree or higher in a relevant discipline and/or relevant industry qualification(s).
- Previous experience in a risk, compliance, wholesale market, and/or other relevant function.
- Excellent written and verbal communication skills with a high attention to detail.
- Proven stakeholder engagement skills and a strong capability for building lasting relationships.
- Ability to work independently and successfully deliver on complex workstreams.
- Ability to make a positive contribution to Snowy Hydro’s risk and compliance culture, modelling behaviours aligned with our values.
- Experience in relevant energy (and/or associated) wholesale markets is highly regarded.
About our workforce:
Diversity and inclusion is important to us. Snowy Hydro has a culture of decency and inclusion, with a commitment to the health and wellbeing of our people and a supportive environment to ensure that everyone - regardless of background - feels included and can succeed. At Snowy Hydro, we recognise that we are made stronger by the unique capabilities and qualities that each individual brings, and we believe in providing an environment that allows that uniqueness to thrive.
Snowy Hydro is proud to be an Equal Opportunity employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for a role with Snowy Hydro and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an email with your request to the Snowy Hydro recruitment team at recruitment@snowyhydro.com.au
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