BUNKER JOBS: Peninsula Seeks Contracts Analyst in London

The company is looking for candidates with a high level of attention to detail. Image Credit: Peninsula

Global marine fuel supplier and trading firm Peninsula is seeking to hire a contracts analyst in London.

The company is looking for candidates with a high level of attention to detail and preferably experience in physical commodities and trading platforms and exposure to physical oil contracts or legal documentation drafting, it said in a job advertisement on LinkedIn.

The advertisement lists the following responsibilities for the role:

• Cross-checking and verification of marine bunker deals against recaps, offer sheets, confirmations and the trading system.
• Reconciliation of physical oil trades against trader recap, broker recap, counterparty contracts and the trading system.
• Prompt resolution and communication of trade discrepancies.
• Verification and validation of trades within the trading platform no later than trade date plus day 1 ("T+1").
• Preparation of sales contracts no later than T+1 and dealing with countering of contracts to conclusion.
• Reviewing counterparty contracts and countering promptly, addressing discrepancies directly with counterpart and with internal stakeholders.
• Following up with counterparties, no later than T+1 and by means of purchase confirmation issuance if purchase contracts are not received in good time.
• Maintaining a strong audit trail and document management good practice in the electronic tracking and logging of contracts and all related documents and correspondence.
• Identifying potential problems; monitoring recurring issues; mitigating against risk.
• Direct point of escalation internally on trade support/documentation queries.
• Seeking efficiencies.
• Communication with external parties and internal business partners.

For more information, click here.