Legal Specialist -Trade Finance

Legal Specialist -Trade Finance

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Draft and negotiate commodity trading agreements while providing legal advice on trade finance structures.
  • Company: Join a leading global commodity house with a strong reputation in the trading industry.
  • Benefits: Enjoy competitive salary, professional development opportunities, and a dynamic work environment.
  • Why this job: Be part of a fast-paced, multicultural team making impactful decisions in international trade.
  • Qualifications: LLB or equivalent with 5+ years in commodity trade finance and contract law required.
  • Other info: Ideal for those seeking to grow their legal expertise in a thriving sector.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

Job Summary:

We are seeking an experienced Commodity Lawyer with 5+ years of strong legal experience in the commodities space, specifically in commodity trade finance, contractual structuring, and risk mitigation instruments. The ideal candidate will have a solid background in commodity trading, preferably with a leading global commodity house or trading firm.

Key Responsibilities:-

  • Draft, review, and negotiate a broad range of commodity trading agreements, including:
  • Sale & Purchase Agreements
  • Offtake Agreements
  • Storage and Tolling Agreements
  • Shipping Contracts and Marine Insurance
  • Non-Disclosure Agreements (NDAs)
  • Provide legal advice on commodity trade finance structures, including letters of credit, performance guarantees, and credit facilities.
  • Advise on credit insurance policies, marine insurance, and other risk mitigation tools.
  • Work closely with traders, risk teams, compliance, and finance to ensure deals are legally sound and commercially viable.
  • Keep abreast of regulatory changes and implications affecting international commodity trading.
  • Support and manage external counsel as required in multiple jurisdictions.
  • Assist in handling disputes or claims relating to commodity contracts or logistics.

Key Requirements:

  • LLB or equivalent legal qualification from a recognized institution; UK legal qualification preferred.
  • 5+ years of post-qualification experience, with a strong focus on commodity trade finance and contract law.
  • In-depth knowledge of:
  • Commodities contracts (physical and derivatives)
  • Marine and credit insurance
  • International trade and financing mechanisms
  • Prior in-house experience with a commodity major or trading house strongly preferred.
  • Strong negotiation, communication, and drafting skills.
  • Ability to operate in a fast-paced, international, and multicultural environment.

Legal Specialist -Trade Finance employer: Leading Commodity Trading Company

Join a leading global commodity house that values expertise and innovation in the field of trade finance. Our collaborative work culture fosters professional growth, offering ample opportunities for career advancement while working alongside industry experts in a dynamic, multicultural environment. With competitive benefits and a commitment to employee development, we provide a rewarding workplace for those looking to make a significant impact in the commodities sector.
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Contact Detail:

Leading Commodity Trading Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Legal Specialist -Trade Finance

✨Tip Number 1

Network with professionals in the commodity trading sector. Attend industry events, webinars, or conferences where you can meet people who work at leading global commodity houses. Building these connections can give you insights into the company culture and potentially lead to referrals.

✨Tip Number 2

Stay updated on the latest trends and regulatory changes in commodity trade finance. Subscribe to relevant legal journals or follow industry news to demonstrate your knowledge during interviews. This will show that you're proactive and genuinely interested in the field.

✨Tip Number 3

Prepare for interviews by practising common legal scenarios related to commodity contracts. Be ready to discuss how you would handle specific situations, such as negotiating terms or resolving disputes. This will showcase your expertise and problem-solving skills.

✨Tip Number 4

Research StudySmarter thoroughly before your interview. Understand our values, mission, and the specific role of a Legal Specialist in our organisation. Tailoring your responses to align with our goals will make you stand out as a candidate who is not only qualified but also a good fit for our team.

We think you need these skills to ace Legal Specialist -Trade Finance

Commodity Law Expertise
Contract Drafting and Negotiation
Risk Mitigation Strategies
Knowledge of Trade Finance Structures
Understanding of Marine Insurance
Familiarity with Credit Insurance Policies
Regulatory Compliance Awareness
Dispute Resolution Skills
Strong Communication Skills
Ability to Work in Multicultural Environments
Collaboration with Cross-Functional Teams
Attention to Detail
Analytical Thinking
Time Management Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your legal experience specifically in commodity trade finance. Include relevant roles, responsibilities, and achievements that demonstrate your expertise in drafting and negotiating commodity trading agreements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for commodity law and your understanding of the industry. Mention specific experiences that align with the job requirements, such as your familiarity with letters of credit and risk mitigation tools.

Highlight Relevant Qualifications: Clearly state your legal qualifications, especially if you have an LLB or equivalent from a recognised institution. If you hold a UK legal qualification, make sure to emphasise this as it is preferred for the role.

Showcase Soft Skills: In your application, don't forget to mention your strong negotiation, communication, and drafting skills. Provide examples of how you've successfully collaborated with traders and compliance teams in previous roles.

How to prepare for a job interview at Leading Commodity Trading Company

✨Showcase Your Legal Expertise

Make sure to highlight your experience in commodity trade finance and contract law. Be prepared to discuss specific cases where you've successfully drafted or negotiated agreements, as this will demonstrate your practical knowledge and skills.

✨Understand the Industry Landscape

Familiarise yourself with current trends and regulatory changes in the commodities market. Being able to discuss these topics during the interview will show that you are proactive and well-informed about the industry.

✨Demonstrate Strong Communication Skills

Since the role involves working closely with traders and risk teams, it's crucial to convey your ability to communicate complex legal concepts clearly. Prepare examples of how you've effectively collaborated with non-legal teams in the past.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world situations. Think of scenarios involving disputes or claims related to commodity contracts and how you would handle them, showcasing your analytical and negotiation skills.

Legal Specialist -Trade Finance
Leading Commodity Trading Company
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