Contract Analyst (2045) - Temporary at Aramco Americas Company, Houston, TX
Contract Analyst (2045) - Temporary at Aramco Americas Company in Houston, TX. Contract. Est. up to $130k. Apply with swipeandhired.
Position Overview:
The Contracts and Confirmations Team further enables Aramco Trading Americas (ATA) to coordinate and leverage short to medium term commercial trading opportunities.
The temporary Contract Analyst provides contract advice and support regarding physical, financial, and other risks associated with the following types of agreements:
- Term purchase and sale agreements
- Physical and financial broker agreements
- Master Agreements
- Joint general terms and conditions
- Land and marine logistics agreements (including, pipeline, storage, terminal, marine vessel spot and time charter parties, contracts of affreightment, and master transportation agreements
- Transaction confirmations for marketing and trading of hydrocarbons, with a focus on crude, refined products, petrochemicals and environmental products for ATA.
Responsibilities:
- Draft, negotiate and review new contract provisions directly with internal stakeholders and external counterparties.
- Interpret key elements of non-standard contracts and analyze the risks associated with requested changes to clauses in ATA standardized agreements and/or counterparty Agreements. Interface with commercial and functional support teams to reach consensus on terms, including Legal, Credit, Regulatory Compliance, Marine, Risk and Insurance, and Tax departments.
- Ensure agreements accurately reflect the terms and conditions of related transactions and be able to identify areas of risk that deviate from standard policies.
- Negotiate Master Agreements, framework agreements, and side letter agreements directly with third parties on behalf of ATA.
- Consult with other Contract Analysts and the Sr. Manager when analyzing terms and negotiating contracts.
- Interface regularly with commercial and trading teams and keep apprised of transaction status and any related special conditions.
- Meet tight deadlines and work under pressure in a dynamic environment with frequently changing requirements to optimize trading.
- Ensure the Contracts records database (Sirion) is maintained and updated in a timely manner so that other departments (Legal, Credit, Commercial) and staff remain continuously apprised of contract negotiation status.
- Review and approve non-standard spot agreements and Confirmations drafted by the Confirmations Analysts.
- Provide mentoring and guidance to the Confirmations Analysts who support the contract. Take an active role in the Confirmations Analysts’ learning and development.
- Follow established company and departmental contract processes and procedures. Identify and suggest updates/improvements to procedures, as necessary. Ensure compliance with established ATA records retention policy.
Experience and Qualifications Required:
Basic Qualifications:
- At least five years’ experience in contract analysis and negotiation related to the marketing and trading of physical hydrocarbons (crude, natural gas, chemicals, or refined products) and related logistics contracts for the storage and transportation of physical hydrocarbons.
- A Bachelor’s degree in Business, Law or equivalent practical experience in the energy marketing and trading industry.
- Excellent written and oral communication skills, as well as strong reading comprehension, organization and analytical skills.
- Attention to detail
- Contract Drafting and Negotiation
- Commercial deal support
- Trading industry experience
- Team-oriented with the ability to be self-directed and work independently
- Time management skills and ability to work in a fast-paced environment.
- Excellent interpersonal and relationship building skills including the ability to interact with all levels of staff and management
- Comfortable working with Microsoft Office 365, SAP, and energy trading risk management software
- Ability to work in an office environment located in downtown Houston, TX
Preferred Qualifications:
- JD or equivalent from an accredited university
- Basic understanding of trading in energy commodities
- Basic understanding of Marine transactions and Incoterms
- Experience in process maintenance and improvement
- Risk management/mitigation and internal control
- Business partnering
- Strategic perspective
- Project, change management and time management skills
- Manage and Support OTC Policies & Processes - Data Quality & Controls
- Experience with Microsoft Power Platform
NO THIRD PARTY CANDIDATES ACCEPTED; TEMPORARY POSITION ANTICIPATED TO LAST APPROXIMATELY ONE YEAR.