Shell Commercial Advisor in London, United Kingdom
, United Kingdom
Job Family Group:
Posting Start Date:
April 8, 2021
Shell Energy - Europe Gas & Power and Environmental Products (SE-EE) markets and trades natural gas and power across Europe and manages Shell's environmental products business globally. SE-EE's counterparties include major resource holders of gas, upstream producers, investment banks, trading houses, utilities, power generators and large industrial and commercial gas and power users.
The SE-EE Contracts team supports the SE-EE trading business and is responsible for managing the entire trading contracts process from drafting and negotiating agreements through to timely conﬁrmation and reporting of individual trades.
The primary purpose of the Commercial Advisor position is to draft and/or review agreements required to enable SE- EE's deal opportunities, negotiate these agreements directly with counterparties and manage internal approvals as necessary for document execution.
Provideaccuratepre and post deal commercial and contractual advice to the SE-EEtrading business, including fornewCVPs,DAFs and other strategic opportunities. This will require a thoroughunderstanding of SE-EE’scommercial business needs and controlframeworks as well as the value of the company’sreputation and customersatisfaction.
Take ownership and accountabilityfor the negotiation of standardised and complexagreements,working closely with the Legal,Credit,Tax and Finance functions, as well as Trading,Operations and Business Development,tosecuretermsthatmaximisevalue,mitigatecontractualexposures and minimise proﬁtleakage.
Work with cross-functionalteams looking tomakeprocessimprovementsthatincreaseeﬃciency and minimize risksacrossSE-EE.Manage the implementation of newprocesses within the Contractsteam.
Support the SE-EEtrading business and Contractsteamthrough advice and, whererequired,interventiontoensurecompliance with the Shell ControlFramework including SOXcontrols, CARM and MOA.
Act as a gatekeeperforsetting up contracts in tradecapturesystems.
Maintainaccuraterecords of agreements in negotiation and ensureexecutedagreementsarestored in accordance with GroupRecordsManagementPolicy.
Skills & Requirements
The ideal candidate will be able to demonstrate:
Ability toanalysecommercial and contractualstructures and communicate clear recommendations on risks and opportunities, using sound commercialjudgement.
Ability tomanage multiple conﬂicting priorities tomeetinternal and external deadlines.
Ability toidentifyrisks and ineﬃciencies in existingprocesses,solveproblems and implementimprovements.
Technicalknowledge in European Gas, Power and EnvironmentalProductscontracts(product based MasterAgreements,BespokeContracts,StorageAgreements,NettingAgreements,Credit Support Documentationetc.).
Strongnegotiation skills, including ability to apply diﬀerenttechniques depending on the situation.
Knowledge of energymarketfundamentals, risk management and regulations.
Ability tocollaborate within team and as part of the wider organisation, openly sharing views and perspectives and encouragingotherstoshare opinions.
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