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For Companies At a Glance
- Tasks: Coordinate and maintain trading agreements for crude oil and renewable commodities.
- Company: Join Phillips 66, a leader in energy with over 140 years of experience.
- Benefits: Enjoy a diverse workplace with inclusive practices and opportunities for growth.
- Why this job: Be part of a team that values safety, trust, and excellence while making a social impact.
- Qualifications: Strong teamwork, attention to detail, and proficiency in Microsoft Office required.
- Other info: This is a 12-month fixed-term contract with potential for future opportunities.
The predicted salary is between 28800 - 43200 £ per year.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together.
Basic Function
As the Contracts Analyst you will co-ordinate and maintain the trading agreements which support the buying and selling of physical crude oil, feedstocks, refined products and renewables commodities. Reporting to the Contracts Crude & Product Lead, this role is a trading support function and requires efficient and accurate administrative support and the ability to undertake regular ad hoc project tasks on behalf of the Contracts team.
The Contracts Management Group provides key support to Trading and Operations plus interaction with other functions such as Legal, Treasury, Insurance, Finance, Marine, and Tax departments for contractual concurrence. The team also coordinates external Counter Party negotiations.
Primary Accountabilities/Responsibilities
- Drafting of commercial contracts/confirmations and responses to counterparties, ensuring these accurately reflect the terms agreed by traders and are captured in the deal recap and internal system.
- Reviewing contracts and analysing clauses, obligations and liabilities.
- Providing commercial advice to key stakeholders in the business.
- Supporting maintenance of general terms and conditions applicable to the company’s commercial activity.
- Working closely with other internal groups to coordinate the review of the contract terms and to provide updates regarding the status of the contract.
- Promoting the development of best practice processes in line with company goals and reporting requirements.
Critical Skills/Leadership Criteria
- Hold the legal right to live and work in the United Kingdom without restrictions or the role you are applying for meets the criteria for employer sponsorship.
- Must have a strong teamwork ethic and the ability to work independently.
- High attention to detail with good drafting abilities.
- Highly organised with the ability to prioritise workload and adhere to tight deadlines.
- Excellent communication skills and the ability to write clearly and concisely and to use communication skills to influence and achieve objectives.
- Ability to develop and maintain ongoing working relationships with traders and other stakeholders.
- Commercially minded with the ability to accurately process data in a focused and methodical manner.
- Proficient in using Microsoft Excel, Word and PowerPoint.
To be considered: In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 11th July 2025.
Phillips 66 is an Equal Opportunity Employer.
Contracts Analyst (12 Month FTC) employer: Phillips 66
Contact Detail:
Phillips 66 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contracts Analyst (12 Month FTC)
✨Tip Number 1
Familiarise yourself with the energy sector, particularly in trading agreements related to crude oil and refined products. Understanding the nuances of these contracts will help you engage more effectively during interviews.
✨Tip Number 2
Network with professionals in the industry, especially those who work in contract management or trading roles. This can provide you with insights into the company culture at Phillips 66 and may even lead to referrals.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as proficiency in this software is crucial for data processing in this role. Consider taking an online course or using tutorials to enhance your abilities.
✨Tip Number 4
Prepare to discuss your teamwork and communication skills in detail. Be ready to share examples of how you've successfully collaborated with others and influenced outcomes in previous roles.
We think you need these skills to ace Contracts Analyst (12 Month FTC)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Contracts Analyst. Familiarise yourself with the key tasks such as drafting contracts, reviewing clauses, and providing commercial advice.
Tailor Your CV: Highlight relevant experience in contract management or analysis in your CV. Emphasise skills like attention to detail, communication, and teamwork, which are crucial for this role.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of Phillips 66's values and how your background aligns with their commitment to safety, honour, and excellence. Mention specific experiences that demonstrate your ability to work independently and as part of a team.
Review and Edit: Before submitting your application, review all documents for clarity and conciseness. Ensure there are no grammatical errors and that your writing reflects the professional standards expected by Phillips 66.
How to prepare for a job interview at Phillips 66
✨Understand the Company Culture
Before your interview, take some time to research Phillips 66's values and cultural mindset, particularly their focus on safety, honour, and commitment. Be prepared to discuss how your personal values align with theirs and how you can contribute to their mission of working for the greater good.
✨Showcase Your Attention to Detail
As a Contracts Analyst, attention to detail is crucial. During the interview, provide examples from your past experiences where your meticulous nature helped avoid errors or improved processes. This will demonstrate your capability to handle the responsibilities of the role effectively.
✨Highlight Your Communication Skills
Excellent communication is key in this role, especially when drafting contracts and liaising with stakeholders. Prepare to discuss specific instances where your communication skills made a difference, whether in negotiations or clarifying complex information.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and how you would handle specific situations related to contract management. Think through potential challenges you might face in the role and how you would approach them, showcasing your commercial mindset and organisational skills.
