Description
Trade Contracts Analyst, sought by my leading and global energy trading company
5 months contract - £17-£21 per hour
Role Definition:
Negotiation and drafting of contracts and review of all inbound contract documentation, including the basic provisions of General Terms and Conditions. Responsible for the provision of advice to stakeholders including Front Office, regarding standard contractual terms. Understanding and following of the Contacts Control Procedure including adhering to key performance targets
Key Accountabilities:
- Accurate preparation of contracts for standard physical deals, including straightforward Marine trades. Ensuring these are issued promptly and always prior to delivery. This includes purchases for which we have received no contract from the counterparty.
- Accountable for checking and confirming the accuracy of any recaps and third party contracts against our trade capture system, ensuring prompt resolution of any discrepancies. Sufficient commercial understanding required to draft straightforward responses ensuring contracts result in minimum overall exposure.
- Provision of advice to the business, with support from Legal and/or Contracts Team Leader as required, both in respect of pre-trade information and the resolution of disputes arising in the operation or completion of the trade.
- Accountable for the review of key controls including Contracts Critical Guidelines in third party contracts and General Terms and Conditions as and when required. Provision of advice to the business as to issues within such terms which may adversely affect the deal if applied. Liaise with Legal as required to develop proposed solutions.
- Identify opportunities to negotiate with third parties to agree letter agreements with standard variations to third party and/or terms and provide proactive input to Legal as required to achieve conclusion.
- Accountable for the timely escalation of any issues, risks, concerns, control or process gaps through to resolution. Ensure these are shared as appropriate with other teams/functions to mitigate against further issues.
Essential Skills and Experience:
- Able to support and implement change.
- Proven experience in identifying continuous improvement opportunities and able to identify and support implementation of innovative solutions
- Strong stakeholder management/customer service capabilities with ability to establish rapport and develop strong relationships with a wide network of both internal stakeholders and external customers.
- Ability to adapt own communication style to suit the requirements of different audiences and demonstrate willingness to appropriately challenge and stand one's ground when necessary.
- Excellent oral and written communication skills.
- Ability to prioritise multiple tasks with good organisational and time management skills.
- Detail oriented with strong work ethic and accountability.
- Knowledge of standard financial and physical trading instruments.
- Knowledge of business drivers and how Contracts support delivery of the business strategy