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For Companies At a Glance
- Tasks: Manage contract documentation for various commodities and support major projects.
- Company: Join a global leader in commodity trading with offices worldwide.
- Benefits: Enjoy opportunities for career growth and skill development in a dynamic industry.
- Why this job: Be part of a fast-paced environment that values problem-solving and teamwork.
- Qualifications: 2-4 years experience in trade contracts; degree in business or finance preferred.
- Other info: Ideal for those eager to learn and make an impact in the trading sector.
The predicted salary is between 36000 - 60000 £ per year.
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 business is firmly established with offices in London, the US, Europe and Asia and the role provides the opportunity to establish your career within the Commodity trading industry.
The candidate will be responsible for carrying out front to back contract documentation processes for a range of commodities, including products such as Metals, Crude, Environmental Products, Biofuels, Gasoline and Distillates, 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.
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 escalate 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.
- Analyze and identify contract terms that will place 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.
REQUIREMENTS:
- Two to four years knowledge and experience of 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.
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Analyst
✨Tip Number 1
Familiarise yourself with the specific commodities mentioned in the job description, such as Metals, Crude, and Biofuels. Understanding these products will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the commodity trading industry. Attend relevant events or join online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at our company.
✨Tip Number 3
Brush up on your analytical skills by working on case studies or simulations related to contract analysis. This practical experience can give you a competitive edge and prepare you for the types of challenges you might face in the role.
✨Tip Number 4
Demonstrate your problem-solving abilities by preparing examples of past experiences where you've identified and resolved issues. Be ready to discuss these during interviews to showcase your fit for the role.
We think you need these skills to ace Contract Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in contract documentation processes, particularly in commodities trading. Use specific examples that demonstrate your analytical skills and ability to manage relationships with stakeholders.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of the commodity trading industry and how your background aligns with the responsibilities outlined in the job description.
Highlight Relevant Skills: Emphasise your strong organisational and communication skills in your application. Provide examples of how you've successfully managed time-sensitive tasks and resolved issues in previous roles.
Showcase Your Problem-Solving Abilities: Include specific instances where you've identified gaps in processes or policies and how you addressed them. This will demonstrate your proactive approach and sound judgment in decision-making.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Commodities
Familiarise yourself with the different types of commodities you'll be dealing with, such as metals, crude oil, and biofuels. Understanding the nuances of these products will help you demonstrate your knowledge and passion for the industry during the interview.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used your analytical skills in previous roles. Think of specific examples where you've identified risks or improved processes, as this is crucial for a Contract Analyst position.
✨Emphasise Communication Abilities
Since the role involves liaising with various internal stakeholders, highlight your communication skills. Share instances where you've successfully resolved issues through effective communication, showcasing your ability to work collaboratively.
✨Demonstrate Problem-Solving Skills
Prepare to discuss how you've approached problem-solving in past experiences. The interviewer will be looking for your ability to identify gaps and escalate issues appropriately, so have examples ready that illustrate your sound judgment and decision-making process.
