Summary: The Contracts Administrator role is essential in the oil trading industry, focusing on the accurate entry, monitoring, and compliance of trade contracts with corporate policies and legal standards. The position requires collaboration with various departments to ensure contract conformity and involves detailed analysis of contracts for potential risks. The role also includes generating reports and assisting with special projects as needed. This full-time position is office-based in Canary Wharf, London.

Key Responsibilities:

• Enter trade contracts and resolve data inconsistencies.
• Coordinate with Legal, Risk Management, Credit, Internal Audit, and Marketing departments for contract compliance.
• Monitor trade agreements for compliance with trader approval limits.
• Ensure formula pricing is established and calculated correctly in SAP.
• Monitor purchase and sales orders for hedge and profit/loss models.
• Create inter-company contracts for accounting purposes.
• Monitor third-party contracts for accuracy.
• Read and analyze contracts for potential risks and resolve differences.
• Communicate with departments regarding risks and changes in contracts.
• Generate reports and assist with special projects.

Key Skills:

• Previous experience in Contracts within the oil or commodity trading industry.
• Understanding of operational liabilities in physical commodity contracts.
• Excellent teamwork and knowledge-sharing abilities.
• Thorough and methodical approach with attention to detail.
• Excellent communication skills in concise English.
• Competent user of Microsoft Word.

Salary (Rate): 21

City: London

Country: United Kingdom

Working Arrangements: on-site

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other