top 3 scores:
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Job Description
We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes.
Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future.
Working closely with the legal team, the Senior LNG Contracts Manager will be responsible for managing and processing the day to day commercial contracts of the LNG trading team. The “managing and processing” role will include liaising with internal teams (e.g. credit, tax, finance, legal) to get their comments on contracts, input these comments into the specific contracts together with the legal team, discuss and negotiate the contracts with counterparties and finalise the contracts. The LNG team has precedent and standard form documents to aid this process.
The day-to-day commercial contracts of the LNG trading team will include:
LNG Master Sale and Purchase agreements
Confirmation Notices
framework agreements for services to be provided e.g. broker services
Time Charter Parties
Confidentiality Agreements
Parent Company Guarantees
Letters of Credit
Bookout Agreements
Amendment, novation, assignment, termination of above agreements; and any other day to day commercial contracts required by the LNG trading team.
This is a London based role (close to Marble Arch) and the successful candidate will be required to work 3 days in the office.
Key responsibilities:
Manage the counterparty discussion and negotiation process on behalf of LNG
Produce contract drafts of LNG trading deals in the form of Confirmation Notices, applying commercial understanding to mitigate liabilities between back-to-back deals where possible
Manage the internal contract review process on behalf of LNG to ensure all contracts entered into have the appropriate internal approvals prior to execution
Manage the prioritisation of requests with the Centrica LNG business to ensure that requests are appropriately managed, and expectations are met
Ensure that the execution of agreements with new counterparties is communicated out to the appropriate teams within our business and subsequently input into our systems in timeframes determined by the LNG team
With the support of Legal, maintain the Centrica LNG standard agreements, proactively keeping up to date with legal, business and market developments impacting the terms required
Manage the onboarding of new counterparties and vessels
Coordinate the execution of contracts following the LNG internal approval process
Oversee counterparty management on various LNG trading platforms
Work with LNG Contract Manager to maintain an accurate record/database of all executed contracts and counterparties for the LNG business.
The Person:
Experience in commodity markets and/or background working within a LNG trading business
Knowledge of contracts such as Master Sale and Purchase agreements, Confirmation Notices, Framework Agreements, Confidentiality Agreements, Parent Company Guarantees, Letters of Credit, etc
Experience of managing counterparty relationships
Understanding of both Legal and LNG operational principles in order to balance both needs to achieve a result
A proven record of delivery in a high performing team
Excellent attention to detail and organisation skills
Professional manner, collaborative approach and willingness to work with various different stakeholders
Ability to prioritise and experience of balancing multiple activities to ensure all goals are met
Proactive nature and ability to work autonomously to achieve goals.
#LI-CET
At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!
PLEASE APPLY ONLINE by hitting the 'Apply' button.
Applications will ONLY be accepted via the ‘Apply’ button.
This role is being handled by the Centrica recruitment team and NO agency contact is required.
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