Senior Contracts Advisor - Derivatives

What’s the role

Shell Trading integrates a worldwide trading network with an unsurpassed global portfolio in Crude Oil, Refined Oil Products, LPG, Gas, Power & Environmental Products with larger locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and Bahamas. The Trading & Supply Contracts team is responsible for managing the entire contracts process, including the provision of pre-deal and post deal commercial advice, contract drafting, contract analysis, internal authorization and dispatch of contracts/contract responses, records management, and value-driven commercial advice to the business when negotiating complex contractual arrangements.

The Senior Contracts Advisor - Derivatives reports to the Contracts Team Lead Derivatives and supports the commercial teams by drafting and negotiating OTC Derivatives agreements, as well as providing value driven contractual advice to the businesses we support.

What you’ll be doing

• Provide expert advice to the business and supporting functions with regard to standard and complex contractual arrangements, such as framework agreements, ISDAs, Delegated Reporting agreements, Broker agreements, Service Level Agreements etc. ensuring compliance with both regulatory and Shell-mandated requirements
• Provide advice to the business and supporting functions with regards to derivatives contractual arrangements ensuring compliance with both regulatory and Shell mandated requirements
• Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose
• Negotiate standard and complex contracts that accurately reflect the terms and conditions related to the purchase and sale of OTC derivative transactions, while maintaining compliance with Shell policies and procedures
• Prepare and negotiate trade confirmations as well as ad hoc agreements when needed to facilitate new business and structured transactions
• Provide advice and help in resolving contractual disputes with counterparties, liaising with various stakeholders as necessary
• Maintain an awareness and advise on any new business opportunities or changes in regulatory requirements
• Maintain an accurate and complete record of current and ongoing negotiations, providing visibility to necessary stakeholders
• Have a working knowledge of business controls related to derivatives, ensuring compliance with GRA and audit requirements
• Provide pre and post deal commercial value driven advice and support to the business
• Have a working knowledge of the derivative trade confirmations processes and adherence to applicable regulations
• Ability and willingness to support other members of the team hen necessary
• Serve as a mentor/trainer to other Contracts Advisors

What you bring

• Bachelor’s degree in law or equivalent legal experience
• Minimum of 3 years’ working experience in drafting, analysis and negotiation of contracts related to the purchase and sale of OTC derivatives
• Expert knowledge of agreements associated with derivatives trading, including but not limited to ISDA Agreements, CSA & VMCSA, Brokerage Agreements, Master and long form agreements
• Expert knowledge of regulations applicable to derivatives trading activity
• Strong commercial mindset
• Effective negotiating skills and capable of managing the expectations of various stakeholders both internal and external
• Flexible approach and commercially orientated with the ability to work independently as well as part of a team
• Ability to prioritize workload while adhering to tight deadlines
• Meticulous with a keen eye for detail and highly organized
• Comfortable working in a fast-paced and challenging environment
• Good interpersonal skills, able to communicate effectively with both internal and external customers/stakeholders

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together
• Continuously grow the transferable skills you need to get ahead
• Work at the forefront of technology, trends, and practices
• Collaborate with experienced colleagues with unique expertise
• Achieve your balance in a values-led culture that encourages you to be the best version of yourself
• Benefit from flexible working hours, and the possibility of remote/mobile working
• Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are considered to be among the best in the world
• Take advantage of paid parental leave, including for non-birthing parents
• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply
• Grow as you progress through diverse career opportunities in national and international teams
• Gain access to a wide range of training and development programs

We'd like you to know that Shell has a bold goal: to become one of the world’s most diverse and inclusive companies. You can get to know more about how we're working towards that goal, click here.

Shell in Singapore

Shell is an international energy company that uses advanced technologies and takes an innovative approach to help build a sustainable energy future. Here in Singapore, Shell has a long history and is one of the country’s largest foreign investors. It has businesses spanning trading and marketing of liquefied natural gas; refining, trading, marketing and shipping of oil products, lubricants and chemicals; low carbon solutions; and operating a network of service stations through retailers, as well as electric vehicles charging.