At a Glance
- Tasks: Generate and review contracts for various commodities while ensuring compliance and risk management.
- 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 exciting projects.
- Other info: Collaborative culture with opportunities to learn and develop new skills.
- Why this job: Kickstart your career in a thriving industry and make a real impact on global trade.
- Qualifications: 1-4 years of experience in contract processes 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 in London employer: Richard James Recruitment Specialists Ltd
As a Commodity Contract Analyst at our London office, you will join a dynamic and supportive work culture that prioritises employee growth and development within the thriving commodity trading industry. We offer competitive benefits, including opportunities for professional advancement and the chance to work on impactful projects alongside experienced stakeholders, ensuring a rewarding and meaningful career path in a global environment.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Commodity Contract Analyst in London
✨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 documentation and risk management. 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 in London
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 processes and any relevant skills in MS Word and Excel. We want to see how your background aligns with what we're looking for!
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 skills can benefit us. Don't forget to mention your problem-solving abilities and how you manage time effectively.
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical skills. Give examples of how you've identified risks or gaps in previous roles. We love candidates who can think critically and make sound decisions!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, we can't wait to see what you bring to the table!
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 the front-to-back contract documentation processes. Be ready to discuss how you would generate, prepare, and review contracts, as well as how you would handle discrepancies. This shows you can hit the ground running!
✨Showcase Your Analytical Skills
Prepare examples of how you've identified risks or gaps in previous roles. Being able to demonstrate your analytical thinking and problem-solving skills will be crucial, especially when discussing contract terms and compliance.
✨Build Relationships
Highlight your experience in collaborating with various stakeholders. Discuss how you’ve effectively communicated with teams like Ops, Legal, and Compliance in the past. This will show that you understand the importance of teamwork in this role.
