At a Glance
- Tasks: Manage contract documentation for various commodities and support major projects.
- Company: Join a global leader in commodity trading with offices worldwide.
- Benefits: Gain valuable experience in a dynamic industry with opportunities for growth.
- Why this job: Perfect for those looking to kickstart their career in a fast-paced, impactful environment.
- Qualifications: 2-4 years of experience in trade contracts; degree in business or finance preferred.
- Other info: Strong analytical and communication skills are essential; training on systems provided.
The predicted salary is between 36000 - 60000 £ per year.
Our Client is a truly global Commodity trading company who trade both physical and financial commodities including, Gas & Power, Oil, Metals, and Agricultural products, and more…
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.
- Analyze 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.
REQUIREMENTS:
- Two 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.
Contract Analyst employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Analyst
✨Tip Number 1
Familiarize yourself with the specific commodities mentioned in the job description, such as Metals, Crude, and Biofuels. Understanding these products will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the commodity trading industry. Attend relevant events or join online forums to connect with individuals who can provide insights into the role and potentially refer you to opportunities at our company.
✨Tip Number 3
Brush up on your analytical skills and familiarize yourself with contract documentation processes. Being able to discuss your understanding of risk management and contract terms during the interview will set you apart from other candidates.
✨Tip Number 4
Demonstrate your problem-solving abilities by preparing examples of how you've identified and resolved issues in previous roles. This will show us that you have the sound judgment and decision-making skills we are looking for.
We think you need these skills to ace Contract Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the responsibilities and requirements of the Contract Analyst position. Tailor your application to highlight relevant experiences and skills that align with these expectations.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with front-to-back trade contract processes, especially in commodities. Provide specific examples of how you've managed contracts, reconciled trade details, or communicated with stakeholders.
Showcase Analytical Skills: Demonstrate your strong analytical skills by discussing any relevant projects or tasks where you identified risks or improved processes. Use quantifiable results to illustrate your impact.
Professional Presentation: Ensure your application documents are professionally formatted and free of errors. Use clear and concise language, and make sure to follow any specific instructions provided in the job listing regarding document submission.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Understand the Commodity Trading Landscape
Familiarize yourself with the basics of commodity trading, including the types of commodities mentioned in the job description. This knowledge will help you engage in meaningful discussions and demonstrate your interest in the industry.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve problems or identify risks in contract processes. Highlighting your ability to analyze contract terms will be crucial for this role.
✨Demonstrate Strong Communication Abilities
Since the role involves communicating with various internal stakeholders, practice articulating your thoughts clearly. Be ready to explain how you've effectively collaborated with different teams in past experiences.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making skills and ability to handle conflicts. Think of scenarios where you had to escalate issues or resolve discrepancies in contracts, and be prepared to discuss your thought process.