Contracts Administrator - London, United Kingdom - Freepoint Commodities

Description

What we Offer


Be rewarded:

Receive a competitive compensation package for your hard work


Be Creative:

Use your fresh perspective to create efficiencies and make an impact


Be recognized:

Experience growth and opportunities for your contributions


Be well:

Enjoy company-paid benefits to support the health and safety of you and your family


Be Supported:

Collaborate and socialize with smart, driven and diverse colleagues from around the globe


Be You:

Reach your full potential by bringing your whole self into our dynamic environment

Freepoint Commodities is a global commodities trading firm, headquartered in Stamford CT.

We are committed to ensuring our business is sustainable and senior management are focused on strong governance and compliance with applicable rules and laws.

Responsibilities:

• Draft contracts to assist team with Physical Oil trades with different modes of transportation.
• Work with Contracts Team to ensure Freepoint's internal contract documents are accurate, uptodate and well maintained.
• Identify and track new and revised transactions in energy risk management system (ERMS)
• Work with traders, analysts, legal, credit, treasury, and operations teams, as necessary, to confirm transaction terms and identify any special provisions to be included in contracts, as reflected in ERMS, as appropriate.
• Investigate and resolve discrepancies between deal tickets, broker confirms and counterparty contracts
• Review General Terms and Conditions, along with specific transaction terms in contracts received from Counterparties.
• Identify risks and promptly escalate any issues to the appropriate department for further discussion and resolution to ensure best possible advantage/position for Freepoint
• Communicate with counterparties.
• Other tasks as may be required for example testing new enhancements and/or new projects.

Skills/Qualifications:

• College degree
• Minimum 5 years energy commodities, concentrating in oil commodities with an operational/contracts background
• Strong knowledge of contract basics, GTCS, all physical contract terms and the oil commodities business
• Strong attention to detail
• Sense of urgency
• Ability to work with all levels of company
• Ability to multitask at a high level and work independently
• Team player, positive attitude