At a Glance
- Tasks: Lead the drafting and negotiation of complex oil trading contracts.
- Company: Dynamic company in the oil trading sector with a focus on innovation.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to mentor junior analysts and contribute to global capability-building.
- Why this job: Make a significant impact in a fast-paced trading environment while developing your skills.
- Qualifications: 4+ years in contract management, strong negotiation skills, and a commercial mindset.
The predicted salary is between 60000 - 80000 £ per year.
The Senior Contracts Analyst is responsible for leading the drafting, negotiation, execution, and oversight of highly complex physical trading contracts across Oil and related products. This role ensures that contractual documentation accurately reflects commercial agreements, complies with corporate standards, and mitigates operational, legal, and financial risk across the trade lifecycle.
Main Responsibilities
- Contract Drafting, Negotiation & Execution
- Lead the drafting and negotiation of complex, bespoke oil trading contracts, including non‑standard clauses, structured deals, long‑term agreements, optionality structures, and multi‑modal supply chains.
- Negotiate General Terms & Conditions (GT&Cs), master agreements, and bespoke frameworks with counterparties.
- Ensure all documentation reflects commercial intent, complies with internal controls, and aligns with regulatory standards.
- Risk Management & Issue Resolution
- Perform advanced analysis of contractual, commercial, operational, and legal risks; propose mitigation strategies and elevate when needed.
- Support internal stakeholders in resolving high‑complexity disputes, discrepancies, and claims with counterparties, brokers, and internal functions.
- Provide expert guidance on liability, indemnity, performance obligations, lifting terms and pricing mechanisms.
- Trade Lifecycle Ownership
- Oversee the accuracy of trade capture for complex structures and ensure contract terms and ETRM data are fully aligned.
- Work closely with Operations and Trade Support to ensure seamless contract execution and fulfilment.
- Internal Advisory & Stakeholder Engagement
- Act as the senior point of contact for Traders, providing strategic guidance on contractual positioning and negotiation strategy.
- Collaborate extensively with Legal, Compliance, Credit, Operations, Finance, and Audit on contract‑related issues.
- Represent the Contracts function in cross‑functional initiatives, risk committees, and management discussions.
- Process, Systems & Continuous Improvement
- Lead improvements to contract templates, clause libraries, procedures, and controls to support new products, new markets, and regulatory changes.
- Participate in system enhancements, including ETRM upgrades, workflow design, and automation initiatives.
- Leadership & Mentoring
- Coach, mentor, and support junior and intermediate Contracts Analysts.
- Provide training on contract interpretation, negotiation techniques, and risk assessment.
- Contribute to capability‑building within the Contracts team globally.
Profile
- Bachelor’s or Master’s degree in Business, Finance, Law, Economics, or related field. Legal training or certification in international trade law considered an asset.
Qualifications
- Minimum 4 years of experience in drafting, negotiating, and managing physical trading contracts in Oil, Metals, or other commodities.
- Extensive experience dealing with complex commercial structures and multi‑modal logistics (vessel, barge, rail, truck, pipeline, terminal).
- Proven track record of resolving complex disputes and leading negotiations with counterparties.
- Demonstrated ability to support traders on commercially sensitive and time‑critical matters.
- Expert knowledge of Incoterms, pricing structures, shipping documentation, quality and quantity determination.
- Strong ability to interpret and draft legal clauses, including liability, indemnity, force majeure, sanctions, and compliance‑related provisions.
- Strong understanding of ETRM systems and trade lifecycle processes.
- High proficiency in Microsoft Office; ability to work with data and templates with accuracy and speed.
- Strong commercial mindset and negotiation skills.
- Proven ability to handle high‑pressure, fast‑paced trading environments.
- Excellent communication and stakeholder management abilities.
- High attention to detail and strong problem‑solving capability.
- Ability to influence without authority and drive consensus across teams.
- Fluency in written and spoken business English.
Senior Contract Analyst employer: Gunvor UK Limited
As a leading player in the oil trading sector, our company offers an exceptional work environment for Senior Contract Analysts, characterised by a culture of collaboration and innovation. Employees benefit from comprehensive training and mentorship opportunities, ensuring professional growth while working on complex contracts that shape the industry. Located in a dynamic market, we provide a stimulating atmosphere where your expertise will be valued, and your contributions will directly impact our success.