Contracts Analyst (Oil)

Recruiter
Insight Recruitment Solutions
Location
London
Salary
55000.0000
Posted
19 Mar 2017
Closes
18 Apr 2017
Sector
Engineering
Contract Type
Permanent
Hours
Full Time

Location; London
Salary; Base package to c.£60,000 + generous work/life benefits + final salary pension + bonus

Our client is one of the world's leading energy companies, with approximately 60,000 employees working in countries around the world. They explore, produce and transport crude oil and natural gas; refine, market and distribute fuels and other energy products; manufacture and sell petrochemical products; generate power; and develop future energy resources, including biofuels and geothermal energy.

Overview:

The Contracts and Master Data Management (MDM) groups manage and sustain core business services to the Supply & Trading organization. The global Contracts group, based in Houston, London and Singapore, supports contract requirements for the supply and trading business.

Responsibilities for this position may include but are not limited to:

  • Generate contracts/reviewing, understanding and drafting responses to contracts received from customers for our purchase of crude and products cargoes.
  • Incorporating trade economics, complex physical delivery clauses and legal terms.
  • Liaising with Traders/Trading Analysts to resolve trade discrepancies on a daily basis.
  • Liaise and negotiate agreeable contract terms with counterparts, state companies and partners.
  • Administer all contract work from initiation through to completion.
  • Review and recommend amendments to customers’ General Terms and Conditions (GT&C) as necessary.
  • Work closely with various departments such as Trading, Operations, Finance, Legal, Credit and Tax.
  • Support Natural Gas Europe (NGE) a section of GSAT in S&T, active in UK, Denmark & Netherlands.
  • Work in a fast moving commercial environment, agreeing priorities and workload in line with business needs and expectations.
  • Support the NGE Commercial team to negotiate and execute new gas contracts (EFET Master Agreement +Appendices, Gas Supply Agreements & Physical Swap Agreements).

Required Qualifications:

  • Experience of working in contracts for either Crude Oil and/or Product Cargoes in Europe ideally gained over 4+ years.
  • Experience of standard trading and/or contracts practices.
  • Understanding of Oil Majors GT&Cs and experience in reviewing counterparties’ GT&Cs/negotiating Side Letters.
  • Understanding of financial, operational and legal risks.
  • Experience in reviewing Tender documentation and good understanding of Incoterms (2000 & 2010) and transfer of title and risk.
  • Due to the size of the team, the candidate will need to be proficient within a short space of time with minimal training.
  • Knowledge and experience in Word and Outlook required.
  • Customer-focused with good planning and organizational skills.
  • A team player with strong interpersonal and motivational skills.
  • Knowledge of contracting standards and gas pipeline infrastructure network.
  • Excellent communication skills both written and verbally.
  • Proactive - Can do attitude.
  • Ability to represent Chevron externally to counterparts.
  • Ability to meet tight deadlines.
  • Excellent attention to details.