Contracts Specialist

CA SEARCH PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading trading firm in Singapore is seeking a Contracts Manager for the Legal and Compliance department. You will draft and review contracts related to physical coal and LNG deals, ensuring compliance with internal guidelines and stakeholder requirements. The ideal candidate has a Bachelor’s degree and 3-6 years of experience in contract management within a trading environment, with strong negotiation skills and an understanding of incoterms.

Qualifications

• 3-6 years of experience in physical commodity trading environment.
• Experience with contract review, drafting and negotiation.
• Understanding of physical transaction life cycle.

Responsibilities

• Draft transaction contracts for physical coal and LNG deals.
• Review counterparty’s transaction contracts and make recommendations.
• Work with internal stakeholders to manage contract workflow.

Skills

Contract drafting

Negotiation

Compliance

Understanding of incoterms

Knowledge of commodity trading

Education

Bachelor’s Degree

Job description

SUMMARY

You will be part of the Contracts Team within the Legal and Compliance department and be responsible for the contracts management process for physical coal business, and support for the LNG business if required, for contracts and confirmation notices that cover deals originated in Asia Pacific, Europe and U.S.

THE ROLE

Draft transaction contracts for physical coal deals and if required, the confirmation notices for physical LNG deals to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement, in a fit for purpose format and in accordance with internal guidelines.
Review counterparty’s transaction contracts primarily for physical coal deals (and if required, the confirmation notices for physical LNG deals) to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement and comply with internal guidelines.
Work closely with all internal stakeholders to manage the physical contract workflow process from deal conclusion to final signature in a timely and accurate manner, ensure that all processes comply with internal guidelines.
Review all counterparty’s counters/suggested changes in the contracts/confirmation notices and make recommendations to the Trading and Legal with respect to their validity, ensure that the terms are acceptable in accordance with company’s policy.
Work closely with Legal on any legal or compliance issues that arises during reviewing/negotiating trading contracts

REQUIREMENTS

Bachelors’ Degree from a recognized University
3-6 years of experience working in a physical commodity trading environment in trading contracts review, drafting and negotiation.
Understand the physical transaction life cycle within a commodity trading environment
Familiar with contractual terms, shipping terms and formats associated with the trading of physical coal and/or LNG cargoes.
Well versed in incoterms and its application.