Commercial Operations Analyst/Executive in London

This job description provides an indication of the types of tasks, results and accountabilities expected from the position and is not a conclusive list of job requirements. We are looking for a Commercial Operations Analyst (junior) at grade E or an Executive (senior) at grade D.

1. Job purpose

To manage and implement all aspects of the commercial and operational processes through knowledge, interpretation and optimisation of existing and future agreements, in a way that provides best value for the QatarEnergy LNG N(2) project and the Incremental Capacity at the South Hook Terminal. The job holder, in conjunction with other Executives, is responsible for the contract management activities relating to the purchase of LNG, sale of gas, sale of capacity and provision of terminal services. In addition, the post holder will also be responsible for scheduling and optimising LNG delivery into and gas send out from the South Hook gas terminal which accounts for up to 20% of the UK gas demand.

2. Scope

Financial responsibility
The value of gas managed within the schedule amounts to up to £5.8 billion per annum and the post holder can impact this value significantly.

People management
No direct reports.

3. Key responsibilities

• Discuss and agree changes in the upstream / downstream schedule.
• Interpretation of contracts.
• Develops analytical tools to support pricing and risk functions.
• Identifies, negotiates, drafts and implements new customer and vendor agreements and changes to current agreements to maximise value.
• Responsible for the efficient and timely management of the contracts as the key contract expert.
• Develops and prepares strategies for resolution of any disputes.
• Prepares and proposes scheduling and optimisation guidelines to add value, reduce cost and mitigate risk.
• Manages the Gas and LNG delivery schedules and operational programmes in accordance with the guidelines.
• Scoping and development of new and existing complex scheduling models.
• Ensures systems are in place to efficiently manage the schedule taking into account the contractual constraints from sellers, buyers and the terminal.
• Negotiates and supervises contracts with LNG and gas counterparties.
• Performs and interprets analysis on contractual performance and scenario development.
• Provides analytical support and expertise to assist delivery risk management and provide input to strategic decision making.
• Supports development of regulatory and gas transporter positions and develops strategies for optimising system entry capacity.
• Identifies spare capacity to create 3rd party business, communicating as appropriate.
• Provides on-call 24-hour cover to manage unforeseen circumstances.
• Develops complex modelling techniques to support assessment of pricing methodologies to competitively value products to sell.
• Research, interpret and analyse UK gas data to inform business decisions and manage market risks.

4. Relationships

Scope for innovation within role
Proposes and implements changes to optimise the annual programmes. Proposes commercial products and advises on contract design. Develops, maintains and operates business processes and systems to ensure and demonstrate non-discrimination in dealing with customers. Developing new analytical models, determine appropriate use of methodologies to value products for sale and interpreting market data.

Key communications
Internal: Maintains effective working relationships inside the company.
External: Represents South Hook Gas across a broad range of external stakeholders. Key relationships include: SHLNG, QatarEnergy LNG N(2), EMGME, TOTAL, Third parties, Milford Haven Port Authority.

5. Profile

Qualifications
Essential: Good first degree.
Preferable: First degree in a numerate discipline.

Experience
Essential: Proven experience managing complex and high value commercial contracts in the hydrocarbon or logistics sector. Strong analytical and numerical skills. Strong verbal and written communications skills. Good attention to detail. Commercial and risk acumen. Excellent time management. Able to deliver under pressure.
Preferable: Good understanding of the UK gas market or LNG. Evaluating, developing and running complex or spreadsheet models. Prior operational experience such as working within a 24/7 operations desk environment. Political and cultural awareness, ability to work in an international environment. Negotiation skills.

Remuneration & Benefits: Competitive package based on experience. Including; Basic salary: £52-95,000 dependent on experience. Non-contractual, performance-based bonus. (Target 17.5% grade E, 20% of basic, grade D). Pension: 11% of annual basic. On call allowance (if required to be on call): 10% of basic salary plus 2 Fridays off in every 5. Car allowance: £8,000 annually (Grade D and above only). Gym allowance £1,200 annually. Private Medical Insurance. 35 hour working week. Hybrid working: 3 days office, 2 days home. 27 days annual leave.

Role start date: ASAP