Oil Contracts Analyst (12 month FTC)

Oil Contracts Analyst (12 month FTC)

Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Contracts Analyst, you'll manage trading agreements and support the buying and selling of commodities.
  • Company: Join a leading Energy Trading company operating in the UK and Europe.
  • Benefits: Enjoy a full-time role with competitive pay and opportunities for professional growth.
  • Why this job: Be part of a dynamic team that influences energy trading and develops best practices.
  • Qualifications: Relevant experience in energy or commodity trading and strong communication skills are essential.
  • Other info: This is a 12-month fixed-term contract based in Greater London.

The predicted salary is between 48000 - 72000 £ per year.

Direct message the job poster from Richard James Recruitment Specialists Ltd

Recruitment Specialist at Richard James Recruitment Specialists Ltd

Our client is a leading Energy Trading company who trade crude oil and refined products in the UK and Europe as well as a range of paper derivative products such as swaps, futures and options.

As the Contracts Analyst you will co-ordinate and maintain the trading agreements which support the buying and selling of physical crude & products as well as renewables commodities. The team provides 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.

RESPONSIBILITIES:

  • Drafting of commercial contracts/confirmations and responses to counterparties, ensuring these accurately reflect the terms agreed by traders.
  • 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.

CANDIDATE PROFILE:

  • Hold the legal right to live and work in the UK on a permanent basis without restrictions or meet the relevant criteria for employer sponsorship under the UK points-based immigration system.
  • Must possess relevant experience in energy, shipping, or commodity trading in a contract management role.
  • Excellent communication skills and the ability to write clearly and concisely and to use communication skills to influence and achieve objectives.
  • Highly organised with the ability to prioritise workload and adhere to tight deadlines.
  • High attention to detail with good drafting abilities.
  • Must have a strong team work ethic and the ability to work independently.
  • Commercially minded with the ability to accurately process data in a focused and methodical manner.
  • Proficient in using Microsoft Excel, Word and PowerPoint.

Seniority level

  • Seniority level

    Associate

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance, Administrative, and Legal

  • Industries

    Financial Services, Oil and Gas, and Legal Services

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Oil Contracts Analyst (12 month FTC) employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD

As a leading Energy Trading company located in the heart of Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from competitive salaries, comprehensive training programmes, and opportunities for professional growth within the energy sector, all while being part of a team that plays a crucial role in shaping the future of energy trading. Join us to be part of a forward-thinking organisation that not only supports your career aspirations but also encourages a healthy work-life balance.
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Contact Detail:

RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Oil Contracts Analyst (12 month FTC)

Tip Number 1

Familiarise yourself with the energy trading sector, especially crude oil and refined products. Understanding the market dynamics and key players will help you engage in meaningful conversations during interviews.

Tip Number 2

Network with professionals in the energy and commodity trading fields. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.

Tip Number 3

Brush up on your contract management skills, particularly in drafting and reviewing commercial contracts. Being able to demonstrate your expertise in this area will set you apart from other candidates.

Tip Number 4

Prepare to discuss how you handle tight deadlines and prioritise tasks. The role requires excellent organisational skills, so having specific examples ready will showcase your ability to thrive in a fast-paced environment.

We think you need these skills to ace Oil Contracts Analyst (12 month FTC)

Contract Drafting
Legal Analysis
Attention to Detail
Commercial Awareness
Stakeholder Communication
Project Coordination
Data Processing
Microsoft Excel Proficiency
Microsoft Word Proficiency
Microsoft PowerPoint Proficiency
Time Management
Team Collaboration
Problem-Solving Skills
Knowledge of Energy Trading

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in energy, shipping, or commodity trading. Emphasise your contract management skills and any specific achievements that align with the responsibilities of the Oil Contracts Analyst role.

Craft a Strong Cover Letter: In your cover letter, clearly articulate your understanding of the role and how your background makes you a suitable candidate. Mention your ability to draft commercial contracts and provide commercial advice, as these are key aspects of the job.

Showcase Communication Skills: Since excellent communication skills are crucial for this position, include examples in your application that demonstrate your ability to write clearly and concisely. Highlight any experiences where you've influenced stakeholders or worked collaboratively.

Highlight Attention to Detail: Given the importance of accuracy in contract analysis, provide specific examples of how you've successfully managed details in previous roles. This could include instances where your attention to detail led to successful outcomes in contract negotiations or project tasks.

How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD

Understand the Energy Trading Landscape

Familiarise yourself with the basics of energy trading, especially in crude oil and refined products. Knowing the key players, market trends, and regulatory frameworks will help you engage in informed discussions during the interview.

Showcase Your Contract Management Skills

Be prepared to discuss your experience with drafting and reviewing contracts. Highlight specific examples where you've successfully navigated complex clauses or provided commercial advice, as this is crucial for the role.

Demonstrate Attention to Detail

Since the role requires high attention to detail, consider bringing a sample of your previous work that showcases your drafting abilities. This can serve as a tangible example of your skills and help you stand out.

Prepare for Teamwork Scenarios

The position involves collaboration with various departments. Think of examples from your past experiences where you worked effectively in a team setting, and be ready to discuss how you handle differing opinions and achieve consensus.

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