Senior Oil Contracts Analyst

Richard James Recruitment; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading commodity trading firm in Greater London seeks a skilled candidate to manage front-to-back contract documentation processes for various commodities. The role requires a minimum of 6 years of experience in trade contracts, strong analytical and communication skills, and a relevant degree. You'll coordinate with multiple internal teams, ensuring compliance with the corporate risk policy while leading support for contract generation and review. Join a dynamic team that values problem-solving and stakeholder relationships.

Qualifications

• Minimum of 6 years of knowledge and experience in trade contracts processes.
• Ability to identify and solve problems related to contract documentation.
• Commitment to developing skills for the benefit of the team.

Responsibilities

• Generate, prepare, and review contracts for commodities.
• Reconcile trade details against trade tickets and contracts.
• Analyse contract terms to minimize risk.
• Communicate with stakeholders to resolve risks.
• Ensure compliance with corporate policies.

Skills

Strong analytical skills

Strong organizational skills

Effective communication

Sound decision-making

Education

B.A. degree or equivalent in business/finance/energy

Tools

MS Word

MS Excel

Tempest

Epsilon

Balsamo

Aspect

Job description

Our client is a truly global Commodity trading company who trade both physical and financial commodities including, Gas & Power, Oil, Metals, and Agricultural products, and more…

The candidate will be responsible for carrying out front-to-back contract documentation processes for a range of commodities, including products such as Refined Metals, Physical Oil Liquids, Environmental Products, 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. Oversight of daily contracts team processes and providing wide-ranging support to other team members will be a substantial requirement in this role.

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 escape 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 the 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.
• Lead the team and provide wide ranging support

REQUIREMENTS

• Minimum of 6 years of knowledge and experience in 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