At a Glance
- Tasks: Generate and review contracts for various commodities while managing risks and ensuring compliance.
- Company: Established global firm in the commodity trading industry with a dynamic work environment.
- Benefits: Competitive salary, career growth opportunities, and a chance to work on impactful projects.
- Other info: Collaborative culture with opportunities to learn and grow within the company.
- Why this job: Kickstart your career in a thriving industry and develop valuable skills in contract management.
- Qualifications: 1-4 years of experience in trade contracts and a degree in business or finance.
The predicted salary is between 35000 - 45000 £ per year.
The business is firmly established with offices in London, the US, Europe and Asia and the role provides the opportunity to establish your career within the Commodity trading industry. The candidate will be responsible for carrying out front to back contract documentation processes for a range of commodities, including products such as Metals, Crude, Environmental Products, Biofuels, Gasoline and Distillates, both physical and financial.
Daily functions include generating and transmitting contracts, processing broker recaps and counterparty contracts, and completing daily reporting tasks along with providing support for major projects and ad hoc tasks. The candidate must demonstrate the ability to follow procedures, identify controls gaps, and problem solve. Effective time management and prioritization, developing and maintaining strong relationships with key stakeholders, following up on outstanding issues to ensure resolution, and recognizing when to escalate problems are key to the role. The candidate should have the ability to look beyond specific tasks and ask questions relevant to their role and demonstrate the use of sound judgment in decision making.
MAIN RESPONSIBILITIES:- Generate, prepare, and review commodities contracts for a range of commodities products.
- Reconcile trade details against trade tickets, counterparty contracts and broker recaps.
- Analyse and identify contract terms that will place company and shareholders at risk.
- Communicate with internal stakeholders such as Ops, Legal, Credit, Settlements, Traders, and Compliance to resolve identified risks and draft required changes.
- Ensure terms of all contracts adhere to corporate risk policy and business standard.
- Escalate any issues that contradict internal policies to management.
- Special projects as and when required.
- One to four years knowledge and experience of front-to-back trade contracts processes for a range of physical and financial commodities products.
- B.A. degree or equivalent, preferably in a business, finance, or energy related field.
- Strong MS Word & Excel.
- Strong analytical skills.
- Strong organizational and communication skills.
- Sound decision making skills.
- Systems: Experience of Tempest, Epsilon, Balsamo & Aspect desirable but not essential.
- A willingness to learn new skills and a commitment to applying and developing such skills for the greater benefit of the back office group.
Commodity Contract Analyst employer: Richard James Recruitment Specialists Ltd
As a leading player in the Commodity trading industry, our company offers an exceptional work environment in London, where innovation and collaboration thrive. We prioritise employee growth through comprehensive training and development opportunities, fostering a culture that values strong relationships and effective communication. Join us to be part of a dynamic team that not only supports your career aspirations but also encourages you to make meaningful contributions to our success.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Commodity Contract Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the commodity trading industry on LinkedIn or at industry events. We can’t stress enough how important it is to build relationships; you never know who might help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions related to contract analysis and commodities. Show them you’re not just a fit for the role, but also for their team!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We believe this small gesture can make a big difference.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you started on your journey in the commodity trading world!
We think you need these skills to ace Commodity Contract Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commodity Contract Analyst role. Highlight your experience with contract documentation and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the commodity trading industry and how your background aligns with our needs. We love seeing enthusiasm and a personal touch!
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've used these in past roles. Whether it's reconciling trade details or identifying risks, we want to know how you tackle challenges!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Richard James Recruitment Specialists Ltd
✨Know Your Commodities
Make sure you brush up on the different types of commodities you'll be dealing with, like metals and biofuels. Understanding the nuances of these products will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Master the Contract Process
Familiarise yourself with front-to-back contract documentation processes. Be ready to discuss how you've handled similar tasks in the past, and think about any challenges you've faced and how you overcame them. This will demonstrate your problem-solving skills.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities, especially in identifying risks within contracts. Think of specific instances where your attention to detail made a difference, as this is crucial for the role.
✨Build Relationships
Since the role involves communicating with various internal stakeholders, be prepared to talk about how you've successfully built relationships in previous roles. Share examples of how you’ve collaborated with teams to resolve issues or improve processes.
