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Contracts Coordinator: Derivatives Team: World Energy Co

Job LocationLondon
EducationNot Mentioned
Salary£250.00 per day
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeContract , full-time

Job Description

World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator /Confirmations Analyst for the Derivatives Team.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 and negotiate 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• Act as SME and be accountable for EMIR and other regulatory requirements affecting the confirmations process, providing training to the team where required.The Candidate:• 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 fast-paced 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 desirableThis 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.Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate responseor email your CV for a reply within one hour. 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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