Business Analyst - Oil & Gas

JR United Kingdom; Basildon; On-site; GBP 25,000 - 35,000; Full time

Job summary

A leading investment and trading company seeks a graduate Business Analyst for its London operations. The role involves supporting business development in the energy sector, including contract negotiations and promoting supply chain initiatives. Candidates should possess a relevant degree and experience in the energy industry, along with strong communication and negotiation skills.

Qualifications

• Degree in business or technical discipline or equivalent experience.
• Experience in the energy industry (e.g., Oil and Gas).
• Knowledge of procurement and logistics.

Responsibilities

• Support development and execution of global framework agreements.
• Attend and prepare for global price negotiations and strategic meetings.
• Ensure compliance with internal corporate controls and regulations.

Skills

Attention to detail

Effective communication

Negotiation skills

Adaptability

Education

Degree in business or technical discipline

Tools

SAP

Excel

Word

Job description

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City-based, global Investment & Trading company is looking to hire a graduate Business Analyst to join their growing London operations.

The Business Analyst will join the London OCTG (Oil Country Tubular Goods) Department, part of the Steel Business Unit. The London OCTG Department focuses on supplying tubular steel products to the energy industry. With projects across Europe and Africa, including the UK, Norway, Denmark, Senegal, and Azerbaijan, the OCTG business operates across a wide geographical area and multiple energy sectors, from O&G to Geothermal. The business is also developing a sustainable and digital supply chain management offering for its customers.

Main responsibilities include:

1. Supporting the development and execution of global framework agreements with key energy customers.
2. Supporting resolution of contract and business issues by communicating with the customer’s Global Category Manager.
3. Promoting the Supply Chain Management (SCM) business model among customer operating units.
4. Attending and preparing for global price negotiations and strategic meetings between the company, customers, and steel mills.
5. Supporting the delivery of global contract strategies to other offices to enhance regional business.
6. Proactively seeking new ways to add value to the customer outside of OCTG sales, such as digitalisation, standardisation, and sustainability initiatives.
7. Supporting business development through Energy Transition collaborations.
8. Assisting in budget preparation and reporting processes.
9. Supporting OCTG sales activities, including tendering, price offer preparation, and contract negotiations.
10. Ensuring compliance with internal corporate controls and regulations.

To be considered for this position, candidates should have:

• A degree in business or a technical discipline, or equivalent experience.
• Experience working directly in the energy industry (e.g., Oil and Gas).
• A good understanding of procurement and logistics.
• Experience in international business.
• Knowledge of QAQC, HSSE, risk management, and legal implications in business.
• Attention to detail for effective order and contract management.
• Effective communication and negotiation skills with customers and suppliers.
• Adaptability and willingness to undertake diverse tasks.
• Back-office knowledge of SAP, Excel, Word, and basic accounting transactions.