Contracts Specialist - Commodities

Leading Commodities trader that is a strong player in LNG is looking for a Contracts Specialist with extensive experience of commodities. The role can be undertaken by a contracts-specialist in commodities or a lawyer

Reporting into Singapore and based in the growing London Office with a flexible working environment, you will play a key role in the ambitious expansion plans of this company that operates globally.

As a major player in the global LNG markets, this company enters into a large number of contracts for physical LNG and other commodities. 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.
Increased volume of business for the physical trading teams means that this company currently has a requirement for an experienced Contracts Specialist.

Key responsibilities will include:

To draft, review and negotiate trading contracts for physical LNG and coal deals to reflect both the commercial terms agreed with our external and internal counterparties and the relevant counterparty agreement. These confirms will cover deals originated in both the Asia Pacific and Europe.

To work with the Trading teams as well the various internal functions to manage the counterparty physical contract workflow process from deal execution to final signature in a timely and accurate manner.

To review all LNG/other commodity contracts and ensure that the details match our internal reporting systems as well as the deal recaps.

Where appropriate, work closely with the Legal team on any legal or compliance issues which
arise during the course of negotiations on the trading contracts.

Key Qualifications and Experience

1 to 5 years' experience working in a physical commodity trading environment with direct responsibility for physical cargo confirmation drafting.

At least 2 years' experience working in a physical commodity trading environment with significant exposure to trading contracts review, drafting and negotiation.

Significant physical energy cargo confirmation drafting experience as well as a thorough understanding of the physical contract transaction cycle.

Familiarity with the various legal contractual forms (including shipping) associated with the trading of physical cargoes (LNG and Coal in particular).

Familiarity with Incoterms, physical trading and shipping terms e.g. demurrage, dispatch, and common trading/shipping acronyms.

Experience of working directly with the trading, legal and support functions within a physical energy trading company.

If the role is of interest, please contact Brian Littleton at Chadwick Nott on 0203-096-4549 or 07919-293351 or at brianlittleton@chadwicknott.co.uk

*Where a level of experience is indicated, this is a guideline only and represents the amount of time we would usually expect a candidate to accumulate the requisite level of experience. This does not preclude applications from candidates with more or less experience.

Chadwick Nott Ltd is acting as an Employment Business in relation to this vacancy.