Contracts Specialist, Sg

COMPANY DESCRIPTION

**About the Company**

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM’s shareholders are among the world’s largest utilities.

JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. These insights enable it to help its customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

JERAGM LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets. The coal team manages 60 million tonnes of supply each year for its shareholders and third-party customers and operates a major coal terminal in the Netherlands.

Headquartered in Singapore, JERAGM has a global talent pool of more than 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$3 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

DESIGNATION : Contracts Specialist, SG (12 months contract)

RESPONSIBILITIES

**Position Description**

As a major player in the global LNG and coal markets, JERAGM enters into a large number of contracts for physical LNG and coal. These contracts range from individual spot cargo transactions to more complex structured deals. The commercial and operational terms of these contracts are managed via counterparty specific Master Agreements, Long-Form Agreements or industry-agreed Standard Master Agreements.

**Key Role Responsibilities**
- To draft transaction contracts primarily for physical coal deals (and if required, the confirmation notices for physical LNG deals) to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement, in a fit for purpose format and in accordance with JERAGM internal guidelines.
- To review counterparty’s transaction contracts primarily for physical coal deals (and if required, the confirmation notices for physical LNG deals) to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement and comply with JERAGM internal guidelines.
- To work closely with all internal stakeholders to manage the physical contract workflow process from deal conclusion to final signature in a timely and accurate manner, ensuring that all processes comply with JERAGM internal guidelines.
- To review all counterparty’s counters/suggested changes in the contracts/confirmation notices and make recommendations to the JERAGM Trading team and JERAGM Legal with respect to their validity, ensuring that the terms are acceptable in accordance with JERAGM’s policy.

QUALIFICATIONS

**Key Qualifications and Experience**
- A thorough understanding of the physical transaction life cycle, gained within an energy trading environment, is essential for this role.
- Significant experience of drafting physical contracts.
- Familiarity with the contractual terms and formats associated with the trading of physical Coal cargoes.
- Well versed in incoterms and familiarity with physical energy contract legal and shipping terms.
- Experience of working directly with the trading or legal functions of an energy trading company.
- Preference will be given to someone with direct physical coal contracts drafting and process management experience.

**Person Specification**
- At least 5 years’ experience working in a (physical) commodity trading environment with direct responsibility for contracts drafting.
- Excellent written and verbal communication skills. Able to communicate effectively with internal stakeholders at all levels as well as external counterparty representatives.
- Must be meticulous with keen eye for details and able to work in fast-paced and challenging environment.
- Strong commercial skills.
- Must be highly organised and able to prioritise workload, adhere to tight deadlines and be able to operate under mínimal supervision.
- Able to work independently and as part of a team.

OTHER INFORMATION

This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.