SonicJobs Logo
Left arrow iconBack to search

Senior Contracts Analyst - Physical Oil

City Elite Transaction Services Ltd
Posted 2 days ago, valid for 10 days
Location

London, Greater London EC1R 0WX

Salary

£48,000 - £57,600 per annum

info
Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • City Elite Transaction Services is seeking a Senior Contracts Analyst for a globally recognized Trading and Shipping firm in London.
  • The role focuses on ensuring data integrity and accuracy through trade verification and contract reviews, requiring experience in the physical commodities sector, particularly oil.
  • Key responsibilities include reconciling trades, managing the full contract lifecycle, and identifying risks associated with contract terms.
  • Candidates should possess strong knowledge of contract lifecycle management, GT&Cs, and Incoterms, along with excellent organizational and communication skills.
  • The position offers a competitive salary and requires relevant experience as a Contracts Analyst.

City Elite Transaction Services are delighted to be working with a globally recognised Trading and Shipping firm, assisting them in their search for a Senior Contracts Analyst for their London office.

The primary function of this role is to ensure data integrity and accuracy of risk undertaken by the business through a thorough trade verification and contract review process. The ideal candidate will help improve contract management processes and contribute to building a stable, quality-driven, and control-focused contracts desk.

Duties

  • Reconcile trades within the system.
  • Review counterparty contracts, focusing on purchase agreements for bulk cargo transactions.
  • Manage the full contract life-cycle and counterparty contracts.
  • Identify and mitigate risks associated with contract terms.
  • Manage the confirmation process for marine bunker deals.
  • Maintain strong audit trails and document management best practices.
  • Ensure best practice contract management at all critical control points.
  • Identify process gaps and assist in implementing enhancements.

Required Skills / Experience:

  • Experience as a Contracts Analyst within the physical commodities (Oil) sector.
  • Strong understanding of contract lifecycle management.
  • Strong knowledge with industry GT&Cs and Incoterms.
  • Highly organised with excellent attention to detail.
  • Team-player mentality.
  • Ability to manage conflicting priorities and meet tight deadlines.
  • Excellent communication skills.

Experience in standardised confirmation processes is a plus.

This role provides essential risk management and control, preserving and enhancing the company's risk mitigation and reputation in the oil trading industry.

APPLY NOW

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.