Counterparty Onboarding Analyst

**The Role**:
**Counterparty Onboarding Analyst**
**What is the role?**
Trading & Supply (T&S) has a heavy focus on compliance and KYC/financial crime remains a top focus area coming year. Counterparty on boarding, as well as remediation projects and reviews of existing counterparts are led by the Compliance department/Financial Crime Team in partnership with T&S SEB. The Shell Energy business is intimately integrated into these projects, since they have a large impact on Shell Energy America’s ability to trade with counterparts and meet business objectives.
Customer onboarding and management is a key focus for T&S and the Shell Energy Brazil (SEB) business in the coming year(s) where various projects, process improvement opportunities and simplifications are expected. We are experiencing growth in our business as part of the global plan and onboarding and periodic review of new and existing counterparties is a critical function within the pillar of our global strategy.
This role will support the business on managing the above, reporting into the into the SEAm Counterparty Lifecycle Manager.
The role will be accountable for the following:
- Act as business rep/focal point for issues or feedback and current status of request
- Explain how E2E process works to business, and set expectations on timescales
- Explain what docs are required and why
- Coordinate priorities for each business
- Follow-up on issues and delayed requests (e.g. Counterparties not sending docs)
- Check Counterparty (single counterparty list / MDN / GT) which do not exist
- Determine request type (create or update or other), enter requests in MDN. Specific activities include:
- Managing documents in SharePoint or appropriate agreed document repository
- Building business understanding and context for requests
- Translating documents received from Counterparty
- Attending business meetings to present onboarding end to end performance
- Tax: Validate Tax number and request Tax approval if required
- Taxpayer ID
- Request all end to end documentation including required Financial Crime documentation (as per document collection matrix), Credit and where necessary conduct Counterparty outreach (data privacy reqs understanding)
- Credit: Latest audited financials
- KYC: checklist Initial Due Diligence (as determined in the KYC Standards and Initial Due Diligence(“IDD”) Standard Operating Procedures(“SOP”))
- FO Data: MDN request / W9 US tax forms / banking forms (to be determined after banking review)
The job will also offer the opportunity to be exposed to the trading environment and acquire basic understanding of the trading features of the overall SEB business.
Dimensions:
- Partner COF analysts based in other regions/hubs.
- Support various remediation projects.
- Can work independently but also with other COF analysts to on-board new counterparts weekly.
- Acts as a peer coach to team.**What we need from you**
- Must have legal authorization to work in the Brazil on a full-time basis for anyone other than current employer.
- Bachelor's degree is advantageous.
- Minimum of 5 years of regulatory experience and knowledge/experience in KYC/financial crime is required.
- Hands-on mentality, self-starter, practical problem-solving approach, generate own ideas to smoothen the process
- Project management: run, coordinate, execute and support business in remediation projects.
- Effective stakeholder management: able to work with SEB’s General Managers, Regional Team leads (leading traders), the Compliance Office as well as KYC-team/ their project organization
- Communication and reporting, well developed skills: clear and frequent reporting back to the business.
- Advice + implementation: advice on improvements, including ideas to make the SEB business ready for the future, i.e., implement a sustainable way of working
Shell is a global group of energy and petrochemical companies with about 84,000 employees across more than 70 countries. We aim to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. We have expertise in exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals.
As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork and professionalism, as well as pride in what we do and how we conduct business.
Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.

---