At a Glance
- Tasks: Lead contract negotiations for energy-commodity agreements and collaborate with various departments.
- Company: Join Castleton Commodities International, a top player in the commodity trading industry.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Work in a fast-paced environment with excellent career advancement potential.
- Why this job: Make an impact in the energy sector while honing your negotiation skills.
- Qualifications: 4+ years of contract experience, preferably in Energy/Commodities.
The predicted salary is between 60000 - 80000 £ per year.
Castleton Commodities International LLC, a leading merchant commodity firm is hiring a Contract Negotiator to negotiate certain master agreements and guarantees, as well as serve as a liaison with counterparties, internal business units, legal, credit, and operational departments. This position will be located in London.
Responsibilities
- Serve as primary point of contact and lead all stages of the contract negotiation process from initial drafting to execution for various energy‑commodity master agreements, including ISDA (1992 and 2002) / CSA and various physical annexes; EFET (Gas and Power) / CSA and various appendices; Cross Product Master Netting Agreement (CPMA) and Master Netting Agreements; Transportation and Storage Terms and Conditions; Grid Trade Master Agreements; Emissions and REC Agreements; and FX Master Agreements.
- Coordinate, prepare, review and negotiate incoming and outgoing guarantees and guarantee amendments.
- Prepare, review and negotiate Confidentiality and Non‑Disclosure Agreements.
- Maintain a comprehensive contract management system of all completed and pending guarantees and master agreements, including daily comments concerning recent conversations and approvals. Familiarity with LinkSquares contract management system is a plus.
- Collaborate with internal stakeholders to ensure accuracy of legal and credit risk allocation, operational controls, and commercial expectations.
- Ensure consistent follow‑up with counterparties and detailed record keeping.
- Perform miscellaneous duties, including various administrative functions.
Qualifications
- 4+ years direct contract experience, preferably in the Energy/Commodities Industry.
- Sound knowledge of the European trading business and agreements, including but not limited to Guarantees, Confidentiality/Non‑Disclosure Agreements, ISDA (1992 and 2002) and CSA, EFET (Gas and Power) and CSA, Cross Product Master Netting Agreement (CPMA) and other industry Master Netting Agreements, and/or other physical and financial commodity contracts.
- Understanding of regulations with respect to Dodd‑Frank and EMIR, and associated industry documentation initiatives.
- Bachelor’s Degree or Paralegal certificate from an accredited college or institution. Juris Doctor Degree from an accredited institution (a plus).
- Knowledge & Skills
- Strong interpersonal skills and mature judgment (e.g., the ability to work effectively with various divisions of the company including in‑house attorneys and trading desks).
- Self‑motivated with the ability to manage multiple tasks, meet multiple deadlines, and work with minimal direct supervision successfully and simultaneously.
- Ability to communicate effectively and concisely (verbally and in writing) and achieve results in a timely manner – writing sample may be requested upon interview.
- Exceptional organizational and analytical skills.
- Attention to detail is a must.
- Proficiency with Microsoft Office—EXCEL, ACCESS, MSWORD (2003 & 2010), Track Changes.
- Knowledge of the principles and procedures of the contracting process.
- Ability to assess contract compliance and to analyze and resolve problems.
- Knowledge of general trading business practices and procedures.
Contract Negotiator employer: Castleton Commodities International, LLC
Castleton Commodities International (CCI) is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Senior ETRM Application Developer role. With a strong focus on employee growth, CCI offers comprehensive benefits including competitive medical and retirement plans, tuition assistance, and wellness programs, all while providing opportunities to work on cutting-edge technology in a dynamic trading environment. Located in a vibrant area, employees enjoy a supportive atmosphere that encourages professional development and community engagement through volunteer initiatives.
Contact Details:
Castleton Commodities International, LLC Recruitment Team