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Principal Regulatory Counsel Ethics & Compliance
Salary undisclosed
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- Lead Compliance legal advisor for market conduct and market manipulation laws, commodities trading licensing and other regulatory requirements applicable to BHP's commodity trading activities primarily within the global Commercial function. This includes advice on conflicts of interest issues relevant to BHP employees serving as directors of BHP-owned external entities (e.g., globalCoal and globalOre).
- Lead Compliance Legal advisor for derivatives, paper trading and hedging activities conducted over key commodity exchanges and over-the-counter transactions. As necessary, provide advice on other Compliance legal risks such as state sensitive information and anti-money laundering.
- Provides advice and input on risk assessments and frameworks for compliance with commodities trading and regulatory rules to ensure that relevant risks are identified and appropriately managed.
- Supports decision making in relation to proposed commercial transactions by engaging with stakeholders, identifying compliance touchpoints, developing, advising on and assisting with risk mitigation measures.
- Leads law firm engagement for market conduct and commodities licensing regulatory issues.
- Proactively maintains up to date knowledge of developments in commodities trading and regulatory laws and other compliance-related risks including enforcement actions, regulatory guidance and public information on attempts to contravene laws and controls.
- Helps develop and deliver compliance stakeholder engagement and tailored training to raise awareness of commodities trading and regulatory risks (including directors duties training and ISDA training) and obligations and support a continuing culture of compliance, particularly within Commercial.
- Drafts, reviews and advises on contractual clauses pertaining to commodities trading regulatory risks and issues in contracts and other transaction documents.
- Manages investigations into potential breaches of market conduct rules and/or trading requirements, including engaging and managing relationships with external counsel and any relevant third parties.
- Law degree (or equivalent) with right to practise in the US, EU, UK, Singapore and/or Australia
- Minimum 8 years post admission experience (at international law firm and/or multinational corporation and/or government) with experience advising on market conduct and commodities trading regulatory compliance
- Experience working with business stakeholders internationally, up to and including senior level
- Experience delivering advice verbally and in written form
- Experience in analysing complex transactions and regulations and providing fit-for-purpose advice