Contract Specialist

Job Title: Contract Analyst

Contract Length: 12 months

Location: Canary Wharf (4 Days Onsite & 1 days Remote)

Hours per day/week: 8/40

Role Description

The Refining and Products Trading Contracts team manage the drafting, review and negotiation of all contract documentation relating to commodity transactions and associated commercial activity across RPT. The role is responsible for the provision of advice to key stakeholders, including front office, regarding contractual terms and disputes, tenders and negotiation of general terms and conditions. Maintaining a robust control environment through monitoring, compliance and performance reporting is critical alongside supporting continuous improvement and digital enablement initiatives across the Contracts function.

Key Accountabilities

• Accurate and timely preparation and review of contractual documentation for third party trades, tenders and General Terms and Conditions that ensures minimum overall exposure for bp ST&S.
• Identification and timely resolution of any deal entry discrepancies ensuring accuracy between recaps, contracts and our trade capture system.
• Provide paralegal support and advice to the ST&S business, both in respect of pre-trade information and the resolution of disputes arising in the operation or completion of the trade.
• Understanding compliance issues and critical controls affecting relevant trades, and escalation of potential breaches.
• Cultivate and sustain strong relationships with front office and partners by delivering insightful contractual guidance.
• Developing a robust understanding of the deal cycle and how Contracts collaborate with other teams and systems.
• Accountable for the identification and escalation of any issues, risks, concerns, control or process gaps through to resolution. Ensure these are shared as appropriate to mitigate against further issues.
• Foster a control mindset implementing processes and risk management practices, in accordance with policies, that enable the business to operate safely and effectively.
• Delivery against Key Performance Indicators whilst maintaining silent running.

Qualifications & Key Skills

• Previous experience of drafting contracts and reviewing tenders to a deadline, interpreting and negotiating contractual terms.
• Experience in a legal, contracts or trading environment or in supporting trading in a fast paced and deadline driven environment.
• Familiarity with Incoterms shipping terms is preferable.
• Excellent oral and written communication skills, with an ability to adapt style to suit different audiences.
• Detail oriented with an ability to identify, analyse and tackle problems, and proactive in preventing recurrent issues.
• Ability to provide training, and presentations on contracts subject matter.
• Ability to drive operational excellence through improving processes and adapt to changing situations

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.