Contract Administrator

LME Trading DMCC; Dubai; On-site; AED 220,000 - 313,000; Full time

Job summary

A leading trading company in Dubai seeks a Contract Specialist to oversee contracts ensuring compliance and mitigating risks. The ideal candidate will have a strong legal background with experience in commodity trading and excellent communication skills.

Qualifications

• 2 to 5 years in commodity trading with at least 1-year experience in contracts/legal.
• Fluency in English required.

Responsibilities

• Manage issuance and amendments of commodity contracts.
• Ensure compliance with internal rules and procedures.
• Perform risk assessment and recommend best practices.

Skills

Communication

Organization

Detail Oriented

Proactive

Education

Degree in contract administration, commercial law, or business management

Job description

As a Contract Specialist you will be part of the team responsible for the Company’s contracts (sale and purchase trading and trading related), coordinate contract documentation in accordance with agreed terms & conditions in order to protect the interest of the Company.

Your main tasks and responsibilities:

• Serve as authorized point of contact and subject matter expert for LME Trading DMCC with regards to commodity trading contracts, storage and transportation contracts;
• Manage the issuance of the required contract(s), subsequent documentation & amendment on basis of the verified and validated information on a timely and qualitative manner (exhaustive and timely granting of documentary follow up).
• Productively interact with other departments of the Company and with third parties in order to collect all relevant information and produce consistent documentation and/or comments;
• Perform analysis and data consolidation; check and verify relevancy of the provided information and request required modifications in order to validate deals;
• Act as a legal gatekeeper and ensure the deals’ compliance with the Company internal rules, procedures and management instructions;
• Perform risk assessment: identify potential contractual risks recommending the best practices to the trading team to mitigate the risks and optimize contract terms.

Professional profile

• College or university degree in contract administration, commercial law, business management or a closely related field. Legal background is preferred;
• 2 to 5 years’ experience in commodity trading and at least 1 year in contract field and/or legal and/or commodity shipping operations;
• Fluency in English.

Competencies & skills

• Excellent verbal and written communication skills in English
• Ability to work under pressure to meet critical deadlines
• Rigorous, detail oriented, conscientious and excellent organization skills
• Demonstrate the highest degree of confidentiality and integrity
• Ability to work and communicate comfortably in a multicultural environment
• Proactive, autonomous, and a team player with a "can-do" attitude.