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Commodity Contracts Analyst

Added on 01/01/2024
Salary £55,000 - £65,000 p.. + Bonus

Full Description

Primarily responsible for the management and execution of overall marketing and trading contract processes, including the reporting and maintenance of relevant records and databases.



  • Prepare, revise and develop marketing and trading contracts (using existing templates and drafting/customising as required).
  • Negotiate contracts with counterparties, review terms (gain approval where required to determine appropriate terms and conditions of contracts).
  • Follow up of contracts and liaise with counterparties for the contract counters.
  • Oversee execution and distribution of documents.
  • Manage the contract tendering process, including participation (use existing templates or draft/customise as required)
  • Track and log all related correspondence and contracts
  • Assist Credit/Risk department to monitor and ensure all the contracts and amendments are updated in the system

Records, Maintenance & Updates

  • Manage the execution and filing of internal contracts and any amendments between entities
  • Manage memberships and subscriptions with Exchanges and data providers
  • Manage annual renewal of Master Service Agreements – review/negotiate terms (if required) and co- ordinate execution
  • Update and maintain electronic files of all relevant documents produced during the course of negotiation
  • Update and maintain information schedules of specific counterparty contract terms
  • Update cargo checklist with information on contract terms, responses, co-load amendments, letter of credit and credit approvals
  • Maintain electronic files of marketing and trading templates
  • Liaise with relevant groups to coordinate a consistent central record of marketing documents, providing copies where necessary

Education & Qualifications

  • Bachelor’s degree or above in Economics, Finance, Accounting, Mathematics, Statistics or another related subject
  • Legal/ contract experience would be an advantage

Skills & Competencies

  • Familiar with the energy/commodity trading markets
  • Strong analytical skills, and knowledge of financial instruments
  • Familiarity with documentary credits and issuance process
  • Technical knowledge of contracts related to the Commodities industry
  • Excellent communication skills including negotiation skills
  • Attention to detail
  • Ability to develop strong collaborative relationships, based on influence and professional competence, internally and externally