Physical Oil Contract Analyst

2 days ago


London, Greater London, United Kingdom Richard James Recruitment Specialists Ltd Full time
Job Summary

Richard James Recruitment Specialists Ltd is seeking an experienced Oil Contracts Analyst to join their team. The ideal candidate will have experience in the physical oil sector and a strong understanding of contract lifecycle management.

This is a challenging and rewarding role that requires strong analytical and problem-solving skills, as well as excellent communication and negotiation abilities. The successful candidate will be responsible for reconciling trades, reviewing contracts, managing the contract life cycle, and identifying and mitigating risks.

Main Duties:

  • Reconcile trades within the system of record and against all supporting documentation.
  • Review counterparty contracts and respond promptly to any discrepancies or issues.
  • Manage the full contract life cycle and negotiate contracts to conclusion.
  • Identify and mitigate risks associated with contract terms and conditions.

Desirable Skills and Qualifications:

  • Experience as a Contracts Analyst in the physical commodities sector, preferably in waterborne oil contracts.
  • Prior experience in standardised Confirmation processes is a plus.
  • Strong understanding of contract lifecycle management and industry GT&Cs.
  • Proficient in MS Office applications, particularly Excel.

Estimated Salary: £70,000 - £90,000 per annum

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