Senior Contracts Advisor

What's The Role
Shell Trading integrates a worldwide trading network with an unsurpassed global portfolio in Crude Oil, Refined Oil Products, LPG, Gas, Power & Environmental Products with larger locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and Bahamas. The Trading & Supply Contracts team is responsible for managing the entire contracts process, including the provision of pre-deal and post deal commercial advice, contract drafting, contract analysis, internal authorization and dispatch of contracts/contract responses, records management, and value-driven commercial advice to the business when negotiating complex contractual arrangements.

The Senior Contracts Advisor reports to the Contracts Team Lead Derivatives and supports the commercial teams by drafting and negotiating OTC Derivatives agreements, as well as providing value driven contractual advice to the businesses we support.

The position is based on London, York Road.

What You'll Be Doing

• Provide expert advice to the business and supporting functions with regard to standard and complex contractual arrangements, such as framework agreements, ISDAs, Delegated Reporting agreements, Broker agreements, Service Level Agreements etc. ensuring compliance with both regulatory and Shell-mandated requirements.
• Providing advice to the business and supporting functions with regards to derivatives contractual arrangements ensuring compliance with both regulatory and Shell mandated requirements.
• Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose.
• Negotiate standard and complex contracts that accurately reflect the terms and conditions related to the purchase and sale of OTC derivative transactions, while maintaining compliance with Shell policies and procedures.
• Prepare and negotiate trade confirmations as well as ad hoc agreements when needed to facilitate new business and structured transactions.
• Provide advice and help in resolving contractual disputes with counterparties, liaising with various stakeholders as necessary.
• Maintain an awareness and advise on any new business opportunities or changes in regulatory requirements.
• Maintaining an accurate and complete record of current and ongoing negotiations, providing visibility to necessary stakeholders.
• Working knowledge of business controls related to derivatives, ensuring compliance with GRA and audit requirements.
• Provide pre and post deal commercial value driven advice and support to the business.
• Have a working knowledge of the derivative trade confirmations processes and adherence to applicable regulations.
• Ability and willingness to support other members of the team when necessary.
• Serve as a mentor/trainer to other Contracts Advisors.

What You Bring

• Significant number of years of experience in the drafting, analysis and negotiation of ISDA agreements and associated contracts related to the purchase and sale of OTC derivatives.
• Expert knowledge of Agreements associated with Derivatives trading, including but not limited to, ISDA agreements, CSA & VMCSA, Brokerage Agreements, Master and long form agreements.
• Possess an understanding of CARF principles to ensure compliance.
• Working experience in compliance and regulations applicable to derivatives trading activity would be advantageous.
• Must have a strong commercial mindset.
• Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders both internal and external.
• Demonstrate a flexible approach and be commercially orientated with the ability to work independently as well as part of a team.
• Must have the ability to prioritize workload while adhering to tight deadlines.
• Should be meticulous with a keen eye for detail.
• Comfortable working in a fast-paced and challenging environment.
• Must have good interpersonal skills, able to communicate effectively with both internal and external customers/stakeholders.
• Must be highly organized.

What We Offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You'll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You'll be able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together.
• Continuously grow the transferable skills you need to get ahead.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with unique expertise.
• Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
• Benefit from flexible working hours, and the possibility of remote/mobile working.
• Perform at your best with a competitive starting salary and annual performancerelated salary increase – our pay and benefits packages are considered to be among the best in the world.
• Take advantage of paid parental leave, including for non-birthing parents.
• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
• Grow as you progress through diverse career opportunities in national and
• international teams.
• Gain access to a wide range of training and development programmes.

We'd like you to know that Shell has a bold goal: to become one of the world's most diverse and inclusive companies. You can get to know more about how we're working towards that goal,
click here
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We are committed to attracting a broader and more diverse pool of candidates. If this position doesn't feel like the perfect fit for your qualifications right now, we'd still love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.
Shell in The United Kingdom
Shell UK remains one of the North Sea's biggest producers, supplying around 10% of the UK's total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.