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Commercial Advisor : Gas & Power Contracts : World Energy Co

Commercial Advisor : Gas & Power Contracts : World Energy Co

Eaglecliff RecruitmentBucharest
3 days ago
Job description

Exciting opportunity for a Commercial Advisor to join this global Energy company.

This is an exciting time to join this world-leading Energy company as it evolves from a traditional Oil & Gas enterprise into a future-focused Energy leader. This transformation includes the establishment of a highly successful new Power Trading desk within the Energy Trading team and ventures into cutting-edge solutions that address the evolving demands of the Energy sector. These initiatives include advanced Gas infrastructure, LNG technology, effective Energy Storage systems and Green Energy solutions. These innovations create opportunities for exceptionally talented individuals to contribute to the success of this evolution, working alongside some of the industry's top professionals and leveraging the very latest technology.

The SE-EA Contracts team supports the SE-EA trading business and is responsible for managing the entire trading contracts process from drafting and negotiating agreements through to timely confirmation and reporting of individual trades. The primary purpose of the Commercial Advisor position is to draft and / or review agreements required to enable SE-EA's deal opportunities, negotiate these agreements directly with counterparties and manage internal approvals as necessary for document execution.

Key Responsibilities :

  • Provide accurate pre and post deal commercial and contractual advice to the SE-EA trading business, including for new Customer Values Propositions, Deal Approval Forms and other strategic opportunities. This will require a thorough understanding of SE-EAs commercial business needs and control frameworks as well as the value of the company's reputation and customer satisfaction.
  • Take ownership and accountability for the negotiation of both standardised and complex agreements, working closely with the Legal, Credit, Tax and Finance functions, as well as Trading, Operations and Business Development, to secure terms that maximise value, mitigate contractual exposures and minimise prof leakage.
  • Work with cross-functional teams looking to make process improvements that increase efficiency and minimise risks across SE-EA. Manage the implementation of new processes within the Contracts team.
  • Support the SE-EA trading business and Contracts team through advice and where required, intervention to ensure compliance with the Shell Control Framework including SOX controls, Contractual Allocation of Risk Framework (CARF) and Manual of Authorities (MOA).
  • Act as a gatekeeper for setting up contracts in trade capture systems.
  • Maintain accurate records of agreements in negotiation and ensure executed agreements are stored in accordance with Group Records Management Policy.

Background / Experience :

  • 3+ years relevant experience.
  • Knowledge of Contractual Allocation of Risk Framework principles, including : limitation of liability, indemnification, insurance, and pollution liability clauses.
  • Ability to analyse commercial and contractual structures and communicate clear recommendations on risks and opportunities, using sound commercial judgement.
  • Ability to manage multiple convicting priorities to meet internal and external deadlines.
  • Ability to identify risks and indecencies in existing processes, solve problems and implement improvements.
  • Technical knowledge in European Gas, Power and Environmental Products contracts (product based Master Agreements, Bespoke Contracts, Storage Agreements, Netting Agreements, Credit Support Documentation etc.).
  • Strong negotiation skills, including the ability to apply different techniques depending on the situation.
  • Knowledge of energy market fundamentals, risk management and regulations.
  • Ability to collaborate within team and as part of the wider organisation, openly sharing views and perspectives and encouraging others to share opinions.
  • 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 excellent communication, 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.

    With a focus within Energy Trading, Oil & Gas, Financial Markets and Commodities, we offer a transparent Recruitment Service that has proven to be reliable and effective for over 40 years. We are ISO accredited and proud of our excellent TrustPilot Reviews. Your search for a New Contract Assignment or for a New Permanent Job will be in safe hands with Eaglecliff Recruitment. Please telephone for an immediate response or email your CV for a quick response. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.

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    Commercial Advisor: Gas & Power Contracts: World Energy Co • Bucharest

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