Analyst - Contracts & Confirmations - Aramco Trading Americas
Aramco Trading Americas LLC

Houston, Texas

Posted in Oil and Gas

This job has expired.

Job Info

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 Contract Analyst provides contract advice and support regarding physical, financial, and other risks associated with the following types of agreements:

  • Term supply and purchase agreements
  • Physical and financial broker agreements
  • Master enabling 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.

The incumbent will be expected to have knowledge and proficiency in the skills of negotiating master enabling agreements such as NAESBs, LEAP, LEAP/RINs, ISDAs, term and spot purchase and sales contracts, and experience drafting and negotiating domestic and international logistics agreements.

  • 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, influencing where possible to limit changes to ATA's standard form agreements to reduce risks.
  • Negotiate Master Agreements, framework agreements, and side letter agreements directly with third parties on behalf of ATA.
  • Draft confirmation purchase reply templates to enable the Confirmations team to transact quickly and efficiently.
  • Review and approve non-standard spot agreements and Confirmations drafted by the Confirmations Analysts.
  • 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.
  • Participate in regularly-scheduled contract prioritization meetings with commercial and functional support teams and communicate status of pending contracts.
  • Ensure the Contracts records database (Apttus) is maintained and updated in a timely manner so that other departments (Legal, Credit, Commercial) and staff remain continuously apprised of contract negotiation status.
  • Provide mentoring and guidance to the Confirmations Analysts who support the Contract Analysts regarding contracts and the contracting process. 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
  • Excellent interpersonal and relationship building skills including the ability to interact with all levels of staff and management
  • Comfortable working with Microsoft Office 365, Salesforce, and energy trading risk management software

Preferred Qualifications:
  • JD or equivalent from an accredited university
  • Basic understanding of trading in energy commodities
  • 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

We reserve the right to amend or withdraw Motiva jobs at any time, including prior to the closing date. Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or grade.

Applicants for regular U.S. positions must be authorized to work in the United States for Motiva Enterprises LLC without the need for sponsorship of an immigration authorization or visa (for example, TN, H-1B, or other employment-based immigration authorization or visa).

Motiva participates in E-Verify.

All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information, or other protected status under federal, state, or local laws.

This job has expired.

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