Commodity Contract Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 30,000 - 45,000; Full time

Job summary

Richard James Recruitment Specialists Ltd is looking for a candidate to carry out front to back contract documentation processes in the commodity trading industry. Responsibilities include generating contracts and reconciling trade details while collaborating with internal stakeholders to mitigate risks.

The ideal candidate will have 1-4 years of experience in trade contracts, a relevant degree, and strong skills in MS Word and Excel. This position offers opportunities for career growth in a global environment.

Qualifications

• 1-4 years experience in front-to-back trade contracts processes.
• Strong expertise in MS Word and Excel.
• Willingness to learn and develop new skills.

Responsibilities

• Generate and review commodities contracts.
• Reconcile trade details with trade tickets.
• Communicate and resolve risks with internal stakeholders.
• Ensure compliance with corporate risk policy.

Skills

Knowledge of trade contracts processes

Strong analytical skills

Strong organizational skills

Strong communication skills

Sound decision making skills

Education

B.A. degree in business, finance, or energy related field

Tools

MS Word

MS Excel

Experience of Tempest, Epsilon, Balsamo & Aspect

Job description

The business is firmly established with offices in London, the US, Europe and Asia and the role provides the opportunity to establish your career within the Commodity trading industry.

The candidate will be responsible for carrying out front to back contract documentation processes for a range of commodities, including products such as Metals, Crude, Environmental Products, Biofuels, Gasoline and Distillates, both physical and financial. Daily functions include generating and transmitting contracts, processing broker recaps and counterparty contracts, and completing daily reporting tasks along with providing support for major projects and ad hoc tasks.

The candidate must demonstrate the ability to follow procedures, identify controls gaps, and problem solve. Effective time management and prioritization, developing and maintaining strong relationships with key stakeholders, following up on outstanding issues to ensure resolution, and recognizing when to escalation problems are key to the role. The candidate should have the ability to look beyond specific tasks and ask questions relevant to their role and demonstrate the use of sound judgment in decision making.

MAIN RESPONSIBILITIES:

• Generate, prepare, and review commodities contracts for a range of commodities products.
• Reconcile trade details against trade tickets, counterparty contracts and broker recaps.
• Analyse and identify contract terms that will place company and shareholders at risk.
• Communicate with internal stakeholders such as Ops, Legal, Credit, Settlements, Traders, and Compliance to resolve identified risks and draft required changes.
• Ensure terms of all contracts adhere to corporate risk policy and business standard.
• Escalate any issues that contradict internal policies to management.
• Special projects as and when required.

REQUIREMENTS:

• One to four years knowledge and experience of front-to-back trade contracts processes for a range of physical and financial commodities products.
• B.A. degree or equivalent, preferably in a business, finance, or energy related field.
• Strong MS Word & Excel.
• Strong analytical skills.
• Strong organizational and communication skills.
• Sound decision making skills.
• Systems: Experience of Tempest, Epsilon, Balsamo & Aspect desirable but not essential.
• A willingness to learn new skills and a commitment to applying and developing such skills for the greater benefit of the back office group.