Senior Oil Contracts Expert
1 day ago
A prestigious oil trading company is seeking a Senior Oil Contracts Expert to oversee the full contract lifecycle of their physical oil trades.
This role requires a deep understanding of the oil trading industry, attention to detail, and the ability to navigate complex contract structures in a fast-paced environment.
- Draft, review, and negotiate contracts related to physical oil trades, including purchase and sale agreements, storage agreements, and transportation contracts.
- Ensure timely confirmations of trades, reconciling contract terms with trading agreements and ensuring alignment with internal policies.
- Identify potential contract risks and discrepancies, proposing solutions to mitigate operational, legal, and financial exposure.
- Work closely with traders, legal teams, risk management, and external counterparties to resolve contract-related issues and ensure smooth transaction flow.
- Stay updated on industry regulations and ensure contracts meet all necessary legal and compliance standards.
- Lead initiatives to streamline contract processes, improve efficiency, and reduce errors in the contract administration lifecycle.
Salary: The salary range for this position is £60-70k per annum, depending on experience.
Location: This role is based in London, with a requirement to work onsite 3 days per week.
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