The 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.
You will be part of the Contracts team within the Legal and Compliance department and be responsible for the contracts management process primarily for the physical coal business, and support for the LNG business if required, for contracts and confirmation notices that cover deals originated in Asia Pacific, Europe and U.S.
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 internal guidelines.
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 internal guidelines.
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, ensure that all processes comply with internal guidelines.
Review all counterparty’s counters/suggested changes in the contracts/confirmation notices and make recommendations to the Trading and Legal with respect to their validity, ensure that the terms are acceptable in accordance with company’s policy.
Work closely with Legal on any legal or compliance issues that arises during the course of reviewing/negotiating the trading contracts
Bachelors’ Degree from a recognised University
3 years of experience working in a physical commodity trading environment with responsibility for contracts review, drafting and negotiation.
Understand the physical transaction life cycle within an energy trading environment
Familiar with the contractual terms, shipping terms and formats associated with the trading of physical Coal and/or LNG cargoes.
Well versed in incoterms and its application.
Experience of working directly with the trading or legal functions of an energy trading company
Your profile will not be disclosed to any client without your permission. We regret that only shortlisted candidates will be notified.