Analyst - Contracts (Fixed Term Contract)

Puma Energy; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Trafigura is seeking a Contract Administration professional to assess risks and draft/review contracts for commodity trades. You will coordinate with Trading, Cargo Operations, Trade Finance, Claims and Legal to mitigate risks and ensure commercial terms are aligned with the company strategy.

Responsibilities include drafting/altering contracts, amendments, NDAs and other oil-related agreements, while ensuring compliance with company policies and timelines.

Qualifications

• Must have experience drafting & reviewing contracts.
• Commerce, Business Administration, Law degree with strong academic credentials.
• Basic knowledge of international commercial terms (Incoterms 2000, 2010 and 2020).

Responsibilities

• Assess commercial, operational and legal risks in sale/purchase transactions and promptly alert relevant departments.
• Prepare and review contracts for the physical movement of oil via vessel/trucks/rail car/pipeline reflecting negotiated terms.
• Process and review contractual amendments, including payment provisions, lay time, demurrage, and legal provisions.
• Liaise with traders, operators and internal departments to mitigate risks and provide advisory input.
• Prepare and review other oil-related agreements including tender, storage and master trading agreements, and counterparty terms.
• Coordinate with departments to finalize the company’s contractual position and issue final contracts or amendments.
• Advise traders on risk mitigation and highlight exceptions to management.
• Timely filing of contracts and amendments in the in-house system in compliance with Trafigura policy.

Skills

Strong communication

Interpersonal skills

Deadline oriented

Attention to detail

MS Word

MS Excel

Outlook

Adaptive to change

Self-starter

Pro-active attitude

Fluent in English

French language advantageous

Education

Commerce, Business Administration, Law

Tools

MS Word

MS Excel

Outlook

Job description

Main purpose

The incumbent will be responsible for assessing the overall trade flow plan including commercial terms, cargo operations, payment terms and legal obligations of sale and purchase transactions concluded by the company. The incumbent will then draft or review the underlying commercial contracts keeping in mind Trafigura’s interests and business strategy and will also highlight all potential risks for consultation with other key departments such as Trading, Cargo Operations, Trade Finance, Claims, Legal etc.

Key responsibilities

• Assessing commercial, operational and legal risks in a sale/purchase transaction and highlight the same promptly to relevant departments
• Preparing and reviewing contracts for the physical movement of oil via vessel/trucks/rail car/pipeline which accurately reflect the verbal negotiations
• Processing and reviewing of contractual amendments, including the countering of commercial terms, operational terms, payment provisions, lay time and demurrage provisions, and legal provisions
• Liaising with traders, operators and other internal departments highlighting potential risks in the transactions and providing advice to reduce the same
• Preparing and reviewing other oil related agreements including tender documents, book out agreements, storage agreements, master trading agreements, and counterparty general terms and conditions
• Liaise closely with other departments to discuss and finalize company’s contractual position
• Issue final contracts, termination agreement, Non-Disclosure Agreements or amendments after compiling views of key departments
• Pro-actively liaise with stakeholders to achieve mutually acceptable contractual position
• Take advisory role to suggest traders’ ways to mitigate key risks and highlight those exceptions to management
• Timely filing of contracts, amendments, communications on the in-house database management software’s Strict adherence and compliance to Trafigura’s policy and codes

Required qualifications

• Minimum 1 years experience in drafting & reviewing of contracts
• Commerce, Business Administration, Law or equivalent qualification with impressive academic credentials
• Basic knowledge of international commercial terms (Incoterms 2000, 2010 and 2020

Attributes for success

• Strong communication skills
• Strong interpersonal skills
• Ability to meet deadlines
• Accurate and efficient working style with high attention to detail
• Computer literacy: MS Word, MS Excel and Outlook
• Adaptive to change
• Self-starter and pro-active attitude
• Fluent in English.
• Knowledge of French language is advantageous
• Willingness to work in flexible time zones

Department overview

The Contract Administration Department acts as a key control function to safeguard the company’s commercial and legal interests in sale and purchase of commodities. The department is responsible to review trades concluded by the company, highlight any potential risk that may arise during the transaction and take appropriate measures to mitigate them while drafting/reviewing the underlying contracts in consultation with other departments.

Key Relationships

Counterparties Traders Cargo Operators Trade Finance Deals Desk Claims Foreign Exchange, VAT, Legal, Securitization departments

Equal opportunity employer

We are an Equal Opportunity Employer and take pride in a diverse workforce!

We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.

Company overview

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Metals and Minerals, Oil & Petroleum Products and Gas, Power and Renewables, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future.

We are committed to responsible business practices and we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimise supply chains to developing infrastructure and new markets.

In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas.

Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world.

We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 12,000 people working across more than 60 offices.

The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nalo Renewables, investing in wind, solar and battery storage projects.