Commercial Advisor: Derivatives Team: World Energy - London, United Kingdom - Eaglecliff Limited

Eaglecliff Limited

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator /Confirmations Analyst for the Derivatives Team on a 12 month temp to perm basis.

The primary focus of this position will be to support OTC Derivatives activities, so some experience in the Derivs space would be advantageous.

The Role:

Provide pre and post deal commercial values driven advice and support to the business.
Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose.
Provide oversight of the confirmations processes and adherence to EMIR and internal KPIs.
Provide advice and help in resolving contractual disputes with counterparties, liaising with corporate legal counsels as necessary.
Prepare ad hoc agreements needed to facilitate new business and structured transactions.
Assist in maintaining a contract and clause database, as well as manage an efficient status reporting mechanism.
Oversight of SOX Controls related to derivatives, driving improvements and ensuring compliance with GRA and external audit requirements
Assist in refining/revising current contracts processes in line with those of other functions (e.g. Settlements) to reduce profit leakage and ensure optimal efficiency.
Close collaboration with the Global Contracts Regulatory Reporting team
Must have a good commercial mindset.
Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders to a contract.
Must have the ability to prioritise work load while adhering to tight deadlines.
Should be meticulous with a keen eye for detail.
Comfortable working in a fastpaced and challenging environment.
An understanding of energy/commodity trading would be beneficial.
Knowledge of EMIR regulations.
Familiarity with ISDA agreements, CSA & VMCSA, Brokerage Agreements and other Master and long form agreements associated with financial trades highly desirable

This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment.

You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellentcommunication, interpersonal and presentation skills, able to write clearly and concisely.

We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.