Senior Contracts Specialist
4 weeks ago
Key Responsibilities
- Verify and validate transactions within the system for consistency and accuracy.
- Ensure timely and accurate updates of deals in the system to reflect any changes or modifications.
- Draft and review contracts for crude and/or products, ensuring compliance with company standards and regulations.
- Distribute contracts post-approval, maintaining a high level of professionalism and attention to detail.
- Record contracts and associated amendments in the system, ensuring seamless tracking and management.
- Keep master templates up to date, reflecting changes in market conditions and company policies.
- Assess and respond to contracts received from counterparties, demonstrating a deep understanding of contract terminology and requirements.
- Update contract-related Excel worksheets and Power BI reports, providing actionable insights to stakeholders.
- Create tender offers as necessary, working closely with the finance and legal departments.
- Coordinate with the finance, legal, and demurrage departments on contract wording and terminology, ensuring consistency and accuracy.
- Evaluate counterparties' general terms and conditions, identifying potential risks and opportunities.
Role Requirements
- Minimum Diploma/Degree in Business or a related field.
- Minimum 5 years of experience in a trade support/operations role, with a strong background in contract drafting and review.
- Good understanding of incoterms and their application in commodity trading.
- Experience working in a commodity trading environment, with a proven track record of success.
- Highly detailed and meticulous, with excellent communication and interpersonal skills.
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