Senior Analyst Contract Administration

National Grid; Village of Liverpool (NY); Hybrid; USD 110,000 - 129,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

National Grid is seeking a Senior Analyst (Treasury) to lead all activities for energy commodity contracts, supporting gas and power supply operations. You will coordinate with Legal, Tax and KYC processes, manage counterparty data in ETRM (Allegro), and ensure compliance with Dodd-Frank and Sarbanes-Oxley controls.

The role reports to the Manager Qualitative Risk and Compliance. This hybrid position offers ~2 days/week from any National Grid office, with diverse cross-functional interaction

Qualifications

• Excellent oral and written communication skills with strong negotiation ability.
• Interpersonal skills to collaborate across departments and counterparties.
• Experience negotiating energy contracts and master agreements.

Responsibilities

• Leads negotiation of Financial and Physical master agreements for multiple National Grid entities.
• Supports legal, credit and commercial teams in contract review, redlining, editing and proofreading.
• Coordinates with counsel to ensure terms comply with policies and regulations.
• Responsible for entering and maintaining counterparty and contract data in ETRM (Allegro).
• Maintains corporate library of contract templates and updates as needed.
• Manages internal Know Your Customer (KYC) processes and third-party responses.
• Reviews and executes transaction confirmations.
• Prepares, reviews and files contracts with NY PSC, coordinating redaction of confidential info.
• Liaises with SAP/Master Data to ensure timely counterparty data entry.
• Acts as back-up for daily indices reporting and trade confirmation processes.
• Negotiates and maintains ~2,200 contracts across 6 National Grid entities.

Skills

Negotiation skills

Communication skills

Interpersonal skills

Education

Bachelor’s degree in business or related majors

Tools

Allegro

Job description

Job Title: Senior Analyst (Treasury), Treasury / Corporate Finance

Location: This opportunity is open to all talent across all National Grid locations.

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

Job Purpose

Job Purpose This position is responsible for leading all activities for energy commodity Contracts that support National Grid's natural gas and power supply activities, including initiation, negotiation, approval, entering the system, and maintenance. This position is also responsible for communication with counterparties and Legal as well as requesting and collecting Sales Tax Exempt forms. This position reports to the Manager Qualitative Risk and Compliance.

Key Accountabilities

• Leads negotiation of Financial and Physical master agreements for several National Grid entities, including but not limited to: traditional 2002 ISDA Master Agreements, EEI Master Power Purchase and Sale Agreements, Master Certificate Purchase Agreements, NAESB Base Contracts, Guarantees, Non-Disclosure Agreements, Long Form Confirmations, and Broker Agreements.
• Supports legal, credit and commercial teams in handling transactional matters including initial contract review and comments including redlining, editing, formatting and proofreading documents through document execution, filing, and post-execution administrative obligations.
• Coordinate with in-house and outside counsel to ensure contract terms comply with Company policies, legal and regulatory requirements, and commercial strategy.
• Responsible for entering and maintaining all counterparty and contract information in ETRM (Allegro).
• Maintain the corporate library of contract templates and manage updates as needed.
• Manage internal Know Your Customer (KYC) processes and responses to third party requirements.
• Reviews and executes transaction confirmations.
• Responsible for preparation, review and filing of contracts with NY PSC which includes working with National Grid legal department to coordinate redaction of confidential information.
• Works closely with traders and marketers to ensure their contract needs are being met.
• Works closely with the settlements group to ensure reconciliation needs are being met.
• Ensuring National Grid is in compliance with regulations such as Dodd Frank and Sarbanes-Oxley control structure.
• Manages the collection of sales tax exemption forms from trading partners.
• Liaises with SAP/Master Data to ensure counterparty information is entered into in a timely fashion.
• Act as back-up for daily indices reporting and the trade confirmation process.
• Negotiating and maintaining approximately 2,200 contracts with approximately 1000 counterparties for 6 National Grid entities.

Knowledge & Experience Required

• Expert knowledge of industry standard commodity contracts such as NAESB, ISDA, Master Power Agreements, Power Purchase Agreements
• Extensive knowledge of energy commodity industry.
• Minimum 5 years contract negotiation experience.

Qualifications

• Bachelor's degree in business and related majors. Experience working with legal department is a plus
• Allegro knowledge is a strong plus
• Excellent oral and written communication skills, interpersonal and negotiation skills since there is extensive interaction with various departments within National Grid and potential counterparties.
• Excellent organizational skills and analytical skills.

More Information

This is a hybrid role working ~2 days/week from any National Grid office.

#LI-NK1 #LI-Hicksville #LI-Waltham # LI-Syracuse #LI-Buffalo #LI-Albany #LI-NK1 #LI-Northboro #LI-Liverpool #LI-Melville #LI-Liverpool #LI-Patchogue

Annual Salary:

Downstate NY: $110,000-$129,000

Upstate NY: $98,000-$107,000

New England: $102,000-$120,000

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is committed to providing equal employment opportunities to all employees and applicants for employment regardless of protected class. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, or any other protected status in accordance with applicable federal, state, and local laws. National Grid maintains affirmative action programs for individuals with disabilities and protected veterans.

Our employment practices are designed to ensure that all individuals are treated fairly and with respect throughout the hiring process and during employment. National Grid complies with all applicable federal, state, and local anti-discrimination laws. We are dedicated to fostering a workplace that is free from unlawful discrimination and harassment, and we encourage a culture of respect for all.