Senior Contract Analyst
3 weeks ago
Job Summary:
X4 Technology is seeking a highly skilled Senior Contracts Analyst to join their Contracts and Confirmations Team. As a key member of the team, you will be responsible for overseeing the full contract lifecycle of physical oil trades, collaborating closely with traders, legal teams, and external counterparties to ensure accurate and timely execution of contracts and confirmations.
Key Responsibilities:
- Draft, Review, and Negotiate Contracts: Draft, review, and negotiate contracts related to physical oil trades, including purchase and sale agreements, storage agreements, and transportation contracts.
- Confirmations and Reconciliation: Ensure timely confirmations of trades, reconciling contract terms with trading agreements and ensuring alignment with internal policies.
- Contract Risk Management: Identify potential contract risks and discrepancies, proposing solutions to mitigate operational, legal, and financial exposure.
- Collaboration and Communication: Work closely with traders, legal teams, risk management, and external counterparties to resolve contract-related issues and ensure smooth transaction flow.
- Industry Knowledge and Compliance: Stay updated on industry regulations and ensure contracts meet all necessary legal and compliance standards.
- Process Improvement: Lead initiatives to streamline contract processes, improve efficiency, and reduce errors in the contract administration lifecycle.
- Mentorship and Guidance: Provide mentorship and guidance to junior team members, sharing knowledge and promoting best practices within the Contracts and Confirmations team.
Requirements:
- Contracting Experience: Strong background in contracts working for a physical oil trading company.
- Industry Knowledge: Deep understanding of physical oil trade flows, contract terms, and industry-specific nuances.
- Negotiation Skills: Proven experience in contract negotiation, including an ability to manage complex terms and conditions.
- Regulatory Knowledge: Familiarity with global oil trading regulations, including sanctions, trade compliance, and anti-corruption laws.
What We Offer:
X4 Technology offers a competitive salary range of £60-70k, depending on experience, along with a comprehensive benefits package, including bonus, pension, Bupa healthcare, and more. The role is onsite 3 days per week in London, providing a great work-life balance.
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