At a Glance
- Tasks: Lead contract negotiations and collaborate with various departments in the energy commodities sector.
- Company: Join Castleton Commodities International, a top global energy merchant firm.
- 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 industry while honing your negotiation skills.
- Qualifications: 4+ years of contract experience, preferably in energy or 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:- Serves as primary point of contact and leads all stages of the contract negotiation process from initial drafting to execution, for various energy-commodity master agreements (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).
- Coordinates, prepares, reviews and negotiates incoming and outgoing guarantees and guarantee amendments.
- Prepares, reviews and negotiates Confidentiality and Non-Disclosure Agreements.
- Maintains 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.
- Collaborates with internal stakeholders to ensure accuracy of legal and credit risk allocation, operational controls, and commercial expectations.
- Responsible for consistent follow-up with counterparties and detailed record keeping.
- Performs miscellaneous duties, including various administrative functions.
- 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.
- 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 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 in London 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