Contracts Analyst

6 days ago

Uxbridge, United Kingdom Insight Full time

Primarily responsible for the management and execution of overall marketing and trading contract processes, including the reporting and maintenance of relevant records and databases.

**Responsibilities**

**Contracts**
- Prepare, revise and develop marketing and trading contracts (using existing templates and drafting/customising as required).
- Negotiate contracts with counterparties, review terms (gain approval where required to determine appropriate terms and conditions of contracts).
- Follow up of contracts and liaise with counterparties for the contract counters.
- Oversee execution and distribution of documents.
- Manage the contract tendering process, including participation (use existing templates or draft/customise as required)
- Track and log all related correspondence and contracts
- Assist Credit/Risk department to monitor and ensure all the contracts and amendments are updated in the system

**Records, Maintenance & Updates**
- Manage the execution and filing of internal contracts and any amendments between entities
- Manage memberships and subscriptions with Exchanges and data providers
- Manage annual renewal of Master Service Agreements - review/negotiate terms (if required) and co
- ordinate execution
- Update and maintain electronic files of all relevant documents produced during the course of negotiation
- Update and maintain information schedules of specific counterparty contract terms
- Update cargo checklist with information on contract terms, responses, co-load amendments, letter of credit and credit approvals
- Maintain electronic files of marketing and trading templates
- Liaise with relevant groups to coordinate a consistent central record of marketing documents, providing copies where necessary

**Education & Qualifications**
- Legal/ contract experience would be an advantage

**Skills & Competencies**
- Familiar with the energy/commodity trading markets
- Strong analytical skills, and knowledge of financial instruments
- Familiarity with documentary credits and issuance process
- Technical knowledge of contracts related to the Commodities industry
- Excellent communication skills including negotiation skills
- Attention to detail
- Ability to develop strong collaborative relationships, based on influence and professional competence, internally and externally

**Experience**
- 2-5 years of experience in oil trading, financial or energy risk control
- Strong understanding oil majors general trading terms and conditions

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