Contracts Specialist III, Senior Contracts Analyst

Exciting Senior Contracts Analyst opportunity with our energy client. Contract Duration: 6 Months and will probably extend. Hybrid role with offices in Houston, TX.
Senior Contracts Analyst This is not a procurement position. Must have strong hands on negotiating skills and experience working with standard industry trading agreements (e.g., NGL NAESB, EEI, Gas NAESB, IECA). Role is on site Mon-Thrs, remote Fridays.

The candidate will be responsible for the drafting and negotiation of master trading agreements or specific agreements to govern physical and financial transactions for the purchase and sale of energy commodities as well as related ancillary agreements to minimize our client’s credit, legal and operational risk and in compliance with legal regulations and internal standards, policies and procedures.

• Understand our client’s documentation, credit, treasury and legal policies and procedures and rationale behind them sufficiently to be able to discuss with Credit, Legal and Operations teams any issues.
• Proficient in commonly used contract provisions and able to suggest alternative provisions where possible.
• Apply skills and experience to design, develop, maintain and modify Master Agreements, provisions and templates for marketing and trading based on our client’s current credit, treasury and legal policies
• Develop, manage, and leverage systems for workflow management, tracking and communicating status of matters in alignment with the business priorities.
• Maintain work–in-progress on the team’s shared drive; upload agreements and other documents to our client’s database; input key provisions for each agreement to ensure database is accurate and up to date; and run reports from the database as needed
• Adhere to the Contracts Team’s processes, policies and “best practice” procedures in connection with the drafting, negotiation and management of agreements and other documents.
• Seek to enhance existing activities and to bridge any identified control gaps; and assist in ensuring the awareness of and alignment with them within GPTA, and across IST and our client as appropriate.
• Communicate and engage effectively with the business, Credit, Legal, Compliance, and Settlements.
• Assist in the delivery of special projects as required from time to time, such as projects to implement the creation, novation, modification, termination or assignment of agreements to align with strategic business changes.

• Contractual experience with both financially and physically settled commodity and/or environmental credits transactions or other similar energy industry experience.
• Working knowledge of energy, commodities, or derivatives markets and various traded instruments.

Posted By: Heather Allen