At a Glance
- Tasks: Drive efficient management of legal spending through analysis, negotiation, and optimisation.
- Company: Join Shell, a leader in energy transition and innovation.
- Benefits: Competitive salary, flexible working options, and extensive training opportunities.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
- Why this job: Make a real impact on legal operations while developing your skills in a dynamic environment.
- Qualifications: Experience in legal sourcing or pricing, strong analytical and communication skills.
The predicted salary is between 55000 - 65000 £ per year.
The Legal Pricing and Financial Analyst role sits in the Legal Sourcing & Analytics team, within Legal Services Global Operations (LSGO). The role plays a pivotal role in driving efficient and effective management of external legal spending with an emphasis on analysis, negotiation and commercial optimization. The goal is to optimize value, reduce costs, and support Shell Legal’s strategic objectives.
The focus broadly sits across 3x pillars:
- Operationalization of existing processes – Preparation, analysis and negotiation of RFPs ensuring decisions are made within a rigorous, consistent, and cost-conscious framework
- Continual improvement – Monitoring, review and enhancement of existing performance metrics / outputs to inform enhanced future processes
- Stakeholder Management – Collaboration with lawyers, internal stakeholders (including Finance/ IT / Admin/ RtP), and external vendors and 3rd party law firms
Key Responsibilities:
- Lead negotiations of fee arrangements and alternative pricing structures with external law firms, ensuring alignment with company objectives and maximising value
- Implement and continuously improve E2E processes for sourcing legal services, including RFP development, proposal assessment, and vendor selection
- Analyse data derived from fee arrangements and legal spend to identify historic trends and explore opportunities for commercial improvement
- Collaborate with legal, finance, and analytics teams to develop and track key performance indicators (KPIs) related to external legal spend and vendor performance
- Provide actionable insights and recommendations to legal leadership to inform sourcing strategy and improve outcomes
- Leverage shared knowledge of industry best practices, and innovation across legal operations, to continually evolve processes
- Support the development and implementation of systems and metrics to monitor, report, and improve legal sourcing and pricing effectiveness
- Maintain strong relationships with law firms and internal stakeholders, acting as a trusted advisor on sourcing and pricing matters
- Proactively identify opportunities to evolve our processes from the benefit of both commercial returns and stakeholder engagement
What you bring:
- Strong interpersonal, communication, and relationship-building skills. Comfortable working with both internal and external stakeholders, often at a senior level
- Proven years’ experience in a legal sourcing, pricing, or procurement role, preferably in a large law firm or corporate legal department
- Ability to communicate effectively with all levels of the organisation
- Proven experience negotiating fee arrangements and pricing structures either with law firms opposite clients, or within a legal operations function opposite law firms
- Organisational skills. Strong experience across project and programme leadership
- Analytical skills. Skilled at MS Excel (at least intermediate level) with experience in data analysis, reporting, and performance tracking
- Demonstrated ability to manage KPIs for legal teams and external vendors
- Experience in RFP management, alongside vendor and procurement processes
- Creative and innovative mindset, with some evidence of driving process improvement in a complex, global environment
- Experience in supporting RFP processes and vendor management in a legal or professional services environment
- Familiarity with Alternative Fee Arrangements (AFA) and legal service delivery models
- Experience with RFP and legal spend management software
- Background in data analytics and dashboard management, e.g. PowerBI, Tableau
- Flexible and adaptable, with a willingness to take on evolving responsibilities
- Energetic self-starter with a commitment to excellence and continuous improvement
What we offer:
- Progress as a person as we work on the energy transition together.
- Continuously grow the transferable skills you need to get ahead.
- Work at the forefront of technology, trends, and practices.
- Collaborate with experienced colleagues with unique expertise.
- Achieve your balance in a value-led culture that encourages you to be the best version of yourself.
- Benefit from a range of flexible working options.
- Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are considered to be among the best in the world.
- Take advantage of paid parental leave, including for non-birthing parents.
- Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
- Grow as you progress through diverse career opportunities in national and international teams.
- Gain access to a wide range of training and development programmes.
We are committed to attracting a broader and more diverse pool of candidates. If this position doesn’t feel like the perfect fit for your qualifications right now, we’d still love to hear from you. Shell is working to advance an inclusive, psychologically safe and accessible environment where people with disabilities can excel. If you require any accommodations or accessibility adjustments (e.g. assistive technology, communication support, or other) during the application or interview process, please let us know when prompted in your application. We strive to ensure that our process and workplace is accessible to everyone and are dedicated to making reasonable adjustments to support your needs.
Pricing & Financial Analyst in London employer: Oman Shell
At Shell, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for the Pricing & Financial Analyst role in London. Our commitment to employee growth is evident through diverse career opportunities, comprehensive training programmes, and a supportive work environment that values integrity and respect. With competitive salaries, flexible working options, and a focus on inclusivity, we empower our employees to thrive while contributing to the vital energy transition.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing & Financial Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Oman Shell. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing & Financial Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Oman Shell.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Oman Shell's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Oman Shell
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Oman Shell.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Oman Shell will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Oman Shell employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
