Senior Specialist, Trading Contracts (AGT AUH)

Description

• Review 3rd Party terms and conditions and negotiate amendments as required to minimize contractual exposure and ensure compliance with company’s policy and standards.
• Manage multiple priorities
• Support establishment and implementation of counterparty physical contract workflow policies and processes
• Adhere to the company’s rules, regulations, procedures and policies at all times
• Provide support to FO and other functions related to negotiating, drafting, and reviewing complex agreements including term deals, tenders, storage agreements, and master/side letter agreements with an emphasis on negotiating terms and conditions that maximize value, mitigate contractual exposures, and minimize profit leakage.
• Meet deadlines
• Support Department Manager to ensure that all company codes of conduct are adhered and operation risks are minimized
• Highlight and report any identified deviations or breaches of company’s policy in the Incident Management system
• Provide support and guidance to FO and other functions in resolving contractual disputes with counterparties, liaising with company’s legal department when required
• Act as the gatekeeper for setting up and managing contract clauses and contract templates in the system
• Provide pre- and post-deal commercial advice to Front Office (“FO”) on deal construction and the commercial, contractual and financial risks/exposures associated with (proposed) transactions and identify areas of opportunities for value creation as well as value leakage
• Assist trading team in interpreting contract terms & conditions
• Represent the company in a positive and professional manner
• Assist with contract and policy compliance initiatives
• Support Department Manager in onboarding and delivery of training on trading contracts to company new joiners
• Maintain and ensure confidentiality at all times
• Ensure that all agreements comply with company’s policies including (but not limited to) compliance language, law and jurisdiction, confidentiality, and sovereign immunity
• Maintain accurate records of all confirmations, contracts, and other records, ensuring that they are stored in accordance with the company’s policy
• Review and approve draft sales and purchase Confirmations, responses, amendments, and counters, ensuring that all contract correspondence is fit for purposes, consistent with the deal capture system and accurately reflects the terms agreed by the parties

Requirements

• Communication (oral and written)
• Practical in Trading Operations
• 5+ years with trading, operations or legal functions of a trading company
• Basic in Finance
• Advanced in Legal & Contracts (Law, Incoterms, Tax, Regulation)
• 2+ years of trading contracts management preferably with experience in the same role
• Physical Effort: Minimal
• Basic in Trading
• Problem solving
• Bachelor's Degree in Business, Contract Law, Legal, Commerce or related field

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance