Summary: The Contracts Administrator role is essential for managing trade contracts within the oil trading industry, ensuring compliance with corporate policies and legal standards. The position involves data entry, monitoring contracts, and coordinating with various departments to mitigate risks. The successful candidate will also be responsible for generating reports and assisting with special projects. This full-time position is office-based in Canary Wharf, London.

Key Responsibilities:

• Enter and monitor trade contracts, ensuring compliance with corporate policies.
• Coordinate with Legal, Risk Management, Credit, Internal Audit, and Marketing departments.
• Monitor trade agreements for compliance with trader approval limits.
• Establish and verify formula pricing in SAP.
• Monitor purchase and sales orders for hedge and profit/loss models.
• Create inter-company contracts for accounting purposes.
• Review and analyze contracts for potential risks and resolve discrepancies.
• Communicate changes and risks to relevant departments.
• Generate reports and assist with special projects as needed.

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.
• Strong communication skills in concise English.
• Proficient in Microsoft Word.

Salary (Rate): 21

City: London

Country: United Kingdom

Working Arrangements: on-site

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other