Oil Trading Contracts Manager
3 weeks ago
We are seeking an experienced Oil Contracts Analyst to join our London-based team. The successful candidate will have experience in the physical oil sector and a strong understanding of contract lifecycle management.
The main responsibilities of this role include reconciling trades, reviewing contracts, managing the contract life cycle, and identifying and mitigating risks. Additionally, the ideal candidate will have prior experience in standardised Confirmation processes and be proficient in MS Office applications, particularly Excel.
Key Responsibilities:
- 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.
Essential 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.
- Organised, with a high level of attention to detail and ability to manage conflicting priorities.
- Motivated by operational processes and excellent communication skills.
Estimated Salary: £65,000 - £85,000 per annum
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