Manager, Derivatives regulation

at  Neste Oyj

ARE YOU OUR NEXT CREATOR OF CHANGE?

This is for you who wants to have a real impact on creating a healthier planet for our children every day. At Neste, you will be working for the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals. Let’s create transformation for a sustainable future together.

MANAGER, DERIVATIVES REGULATION

to the Commodity Derivatives Operations team in Espoo. The team is part of Neste’s treasury, which is a group of talented and analytical treasury and risk professionals.
We are looking for an expert, who has a natural interest in understanding complex regulatory matters and who has the motivation to drive understanding and compliance with regulatory requirements across the global organization. Your role will focus on reviewing current and emerging regulation and in translating that to understandable requirements that should be considered as a part of Neste’s ongoing businesses and projects. You will also manage ISDA master agreements for derivatives trading and act as the contact point for the commercial and contract teams in any ISDA related matters.
In our team, we encourage continuous development. We emphasize work-life balance and offer a hybrid work model with flexible working hours. To promote a sense of belonging we have agreed to meet twice per week at the office. We offer you a safe, supportive, and inclusive work culture in an international company.
You will work as a part of an enthusiastic and collaborative team which has a strong will to develop systems and processes but also pays attention to the well-being of our team members. In this job you will work closely with various external and internal stakeholders. Together with you and your expertise, we can make an impact today and keep our promises for tomorrow.

Additionally, we see that the best combination of experiences, skills and background in this position would be:

• M.Sc. level studies in e.g. Law, Finance or Economics
• Knowledge of current derivatives regulation in Europe, U.S and APAC and ability to manage ISDA agreements
• Previous experience with financial instruments and working in a financial institution or a corporation active in commodity/energy trading
• Proactive, analytical and structured way of working
• Persistence and attention to details
• Ability to effectively negotiate, collaborate and build relationship with various stakeholders
• Good communication skills in Englis

YOUR ROLE IN OUR TEAM

• Manage ISDA Master Agreements and annexes.
• Ensure continuous compliance with derivatives related financial market regulation such as EMIR, MiFID and Dodd Frank.
• Manage Treasury’s other external and internal trading agreements e.g. hedging agreements and give up agreements
• Authorize new traders and take care of appropriate exit procedures when needed.
• Take care of onboarding derivatives counterparties and execution brokers
• Monitor that key regulatory filings are met and support other internal teams in understanding the requirements.
• Review and interpret the regulatory environment to determine applicability to current and potential business activities.
• Maintain and develop internal processes and policies around your responsibility area and conduct trainings to internal stakeholders
• Participate in projects and process development within Treasury and Risk Management
  You will collaborate closely with commercial teams, legal, clearing banks, execution brokers and regulators as well as other teams in Treasury and risk management.

KEYS TO SUCCESS IN THIS ROLE

You are motivated to learn new and enjoy working with a team for which safety, sustainability and professionalism are key elements of work.

Additionally, we see that the best combination of experiences, skills and background in this position would be:

• M.Sc. level studies in e.g. Law, Finance or Economics
• Knowledge of current derivatives regulation in Europe, U.S and APAC and ability to manage ISDA agreements
• Previous experience with financial instruments and working in a financial institution or a corporation active in commodity/energy trading
• Proactive, analytical and structured way of working
• Persistence and attention to details
• Ability to effectively negotiate, collaborate and build relationship with various stakeholders
• Good communication skills in English