LNG / Gas Contracts Analyst

repsol; Madrid; Hybrid; EUR 70,000 - 90,000; Full time

Benefits offered by this job

Bonus according to objectives

Medical insurance

Contribution to pension plan

Digital disconnection

Conciliation measures

Legal advice

Employee support services

Job summary

Repsol in Madrid, Spain is seeking an LNG Contracts Analyst to coordinate and manage negotiations of Master Sales and Purchases Agreements, EFET, ISDAs and related documents within Wholesale Gas trading.

The role involves identifying risks, advising Front Office on contract structure, liaising with internal teams and counterparties, and supporting the onboarding process (KYC). Fluency in English is required, plus a Bachelor's degree and 3+ years of experience.

Qualifications

• Law degree preferred.
• 3+ years in gas/LNG trading or comparable commodities.
• Experience in drafting and negotiating LNG contracts.

Responsibilities

• Analyse proposed transactions and advise on contractual risk and structure.
• Identify and coordinate review of risks with subject-matter experts.
• Coordinate with counterparties and internal stakeholders to ensure contract compliance.
• Serve as main contact for counterparties and onboarding processes (KYC).
• Respond to questions about terms and conditions.
• Maintain records of negotiations and executed documents.
• Contribute to development of templates, clause libraries and policy controls.

Skills

Contract law

Contract interpretation

Dispute resolution

Cross-border contracting

Credit protections

Governing law

Negotiation

Education

Bachelor's degree

Law degree

Job description

Key information

Team: Wholesale Gas and LNG

Location: Madrid, Spain

Experience level: +3 years

Job type: hybrid

Requirements: English B2+ or higher + Bachelor's degree or higher.

The team you are joining

LNG / Gas Contracts Analyst will coordinate and manage negotiations of different kind of contractual agreement such us Master Sales and Purchases Agreements, EFET, Acuerdo Marco for the Spanish Gas Market, ISDAs, Services Agreements, LNG Confirmation Notices and other contractual documents, identifying risks while offering mitigating alternatives to the Wholesale Gas Trading business.

The candidate for this position will obtain a broad knowledge of the growing LNG/Natural Gas Trading business, collaborating with different teams within Repsol and external counterparties. You will have demonstrated knowledge in contract law principles, contract interpretation, remedies, liability, allocation, credit protections, governing law, dispute resolution, and cross border commercial contracting.

Main tasks

• Analys proposed transactions during the pre-deal phase and advise Front Office stakeholders on contractual structure, allocation of contractual risk, obligations, protections, and potential mitigation alternatives. Draft, review and negotiate agreements such us Master Sales and Purchases Agreements, EFET, Acuerdo Marco for the Spanish Gas Market, ISDAs, Services Agreements, LNG Confirmation Notices and other contractual documents.
• Identify contractual, commercial, credit, operational, compliance and execution risks ad coordinate appropriate review with the relevant subject-matter experts.
• Liaison between counterparties and internal stakeholders (commercial, legal, credit, compliance, tax and operations) facilitating consistent, timely follow-up and ensuring contract compliance.
• Serve as the principal point of contact for assigned counterparties and internal stakeholders, coordinating with General Counsel when formal legal review advice is required. Collaborate in the new counterparties onboarding process (KYC)
• Respond to Front Office and Back Office questions, inquiries, requests for clarification, etc. regarding contractual terms and conditions.
• Maintain clear records of negotiations, approvals, contractual deviations, executed documents and relevant obligations.
• Contribute to the development and continuous improvement of contract templates, clause libraries, negotiation guidance, deviation matrices, policies, procedures, controls and contract management systems. Escalate matters outside the roles' delegate authority or requiring specialist Legals, Tax, Compliance, Credit or regulatory review.

What We Offer

• Permanent contract
• Bonus according to objectives
• Medical insurance
• Contribution to pension plan
• Digital disconnection
• Conciliation measures
• Legal advice
• Employee support services

You will fit the position if

• Law degree preferred
• 3 years+ experience in a similar position in a Gas/LNG trading business or other commodities
• Demonstrated ability to apply legal training to commercial contract drafting, negotiation, risk identification and transaction execution within a business environment.
• Ability to draft, assess and negotiate LNG/Natural Gas contracts
• Proven ability to cross collaborate with multiple organizations and disciplines, leading in conflict management and resolution.
• Excellent interpersonal and influencing skills as well as excellent verbal and written communication skills both in English and Spanish.
• Understanding of negotiation tactics, prioritization based on forecast requirements size, complexity, and strategy.
• Ability to manage multiple negotiations and priorities in a deadline-oriented trading environment.