Commodity Contracts Specialist

JR United Kingdom; Preston; On-site; GBP 40,000 - 70,000; Full time

Job summary

A leading global energy trading company is seeking a Commodity Contracts Specialist in Preston, where you will draft and negotiate contracts for physical energy deals. This role requires 1-5 years' experience in a trading environment, focusing on contract workflow and collaboration with internal teams. Join a dynamic and expanding team that offers the chance to enhance your skills in a pivotal position within the market.

Qualifications

• 1 to 5 years’ experience in a physical energy trading environment.
• Significant experience in drafting, reviewing, and negotiating physical trading contracts.

Responsibilities

• Draft, review, and negotiate trading contracts for physical energy deals.
• Manage counterparty physical contract workflow from execution to signature.
• Ensure contract details match internal reporting systems.

Skills

Attention to detail

Communication

Organizational skills

Job description

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Commodity Contracts Specialist, preston, lancashire

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Client:

Richard James Recruitment Specialists Ltd

Location:

preston, lancashire, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

1

Posted:

04.06.2025

Expiry Date:

19.07.2025

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Job Description:

Our client is a very successful international Energy Trading company with access all key markets worldwide…

The role sits within the Legal and Compliance team with a focus on the preparation, review, negotiation, documentation and conclusion of commodity contracts as well as Freight charterparties.

Our client enters into a large number of contracts for physical commodities. These contracts range from individual spot cargo transactions to more complex structured deals. The commercial and operational terms of these contracts are managed via counterparty specific Master Agreements, Long-Form Agreements or industry-agreed Standard Master Agreements.

Increased volume of business for the physical trading teams means that they currently have a requirement for an experienced Contracts Specialist to join the team. This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.

Key Role Responsibilities

• To draft, review and negotiate trading contracts for physical energy deals to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement. These confirms will cover deals originated in both the Asia Pacific and Europe.
• To work with the Trading teams as well the various internal functions to manage the counterparty physical contract workflow process from deal execution to final signature in a timely and accurate manner.
• To review all commodity contracts and ensure that the details match our internal reporting systems as well as the deal recaps.
• Where appropriate, work closely with the legal team on any legal or compliance issues which arises during the course of negotiations on the trading contracts.

Key Qualifications and Experience

• 1 to 5 years’ experience working in a physical energy trading environment with direct responsibility for physical cargo confirmation drafting.
• At least 2 years’ experience working in a physical energy trading environment with significant exposure to trading contracts review, drafting and negotiation.
• Significant physical energy cargo confirmation drafting experience as well as a thorough understanding of the physical contract transaction cycle.
• Familiarity with the various legal contractual forms (including shipping) associated with the trading of physical cargoes
• Familiarity with Incoterms, physical trading and shipping terms e.g., demurrage, dispatch, and common trading/shipping acronyms.
• Experience of working directly with the trading, legal and support functions within a physical energy trading company.

Candidate Profile

• Excellent written and verbal communication skills. Able to communicate effectively with internal stakeholders at all levels as well as external counterparty representatives.
• Must be detail oriented, productive and efficient.
• Must be well-organised and comfortable working in a (sometimes) stressful and demanding work environment.