Contract Analyst (T)

Saudi Aramco•Houston, TX

1d•Onsite

About The Position

The Contract Analyst provides contract advice and support concerning physical, financial, and other risks associated with agreements supporting Aramco Trading Americas’ short- to medium-term commercial trading opportunities. The role covers term purchase and sale agreements; physical and financial broker agreements; master agreements and 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; and transaction confirmations for hydrocarbon marketing and trading, particularly crude, refined products, petrochemicals, and environmental products. This is a temporary position anticipated to last approximately one year. The role works with commercial and functional support teams to negotiate and maintain agreements, identify and address contract risks, and support trading transactions in a deadline-driven environment. It also maintains contract records and supports the learning and development of Confirmations Analysts.

Requirements

At least five years of experience in contract analysis and negotiation related to marketing and trading physical hydrocarbons (crude, natural gas, chemicals, or refined products) and related physical hydrocarbon storage and transportation logistics contracts.
Bachelor’s degree in Business, Law, or equivalent practical experience in the energy marketing and trading industry.
Excellent written and oral communication, reading comprehension, organization, and analytical skills.
Attention to detail.
Contract drafting and negotiation skills.
Commercial deal support and trading industry experience.
Ability to work as part of a team and independently with self-direction.
Time-management skills and ability to work in a fast-paced environment.
Excellent interpersonal and relationship-building skills, including ability to interact with all levels of staff and management.
Comfort working with Microsoft Office 365, SAP, and energy trading risk management software.
Ability to work in an office environment located in downtown Houston, Texas.

Nice To Haves

JD or equivalent degree from an accredited university.
Basic understanding of energy commodity trading.
Basic understanding of marine transactions and Incoterms.
Experience in process maintenance and improvement.
Experience with risk management and mitigation, internal controls, business partnering, and strategic perspectives.
Project, change-management, and time-management skills.
Ability to manage and support OTC policies and processes, including data quality and controls.
Experience with Microsoft Power Platform.

Responsibilities

Draft, negotiate, and review new contract provisions with internal stakeholders and external counterparties.
Interpret non-standard contract terms and analyze risks associated with requested changes to ATA standardized agreements or counterparty agreements.
Coordinate with Legal, Credit, Regulatory Compliance, Marine, Risk and Insurance, Tax, and commercial and functional support teams to reach agreement on terms.
Ensure agreements accurately reflect transaction terms and conditions and identify risks that deviate from standard policies.
Negotiate Master Agreements, framework agreements, and side letter agreements directly with third parties on ATA’s behalf.
Consult with other Contract Analysts and the Sr. Manager when analyzing terms and negotiating contracts.
Maintain regular contact with commercial and trading teams and stay apprised of transaction status and related special conditions.
Meet tight deadlines and work under pressure in a dynamic environment with frequently changing requirements.
Maintain and timely update the Sirion contracts records database so relevant departments and staff remain apprised of negotiation status.
Review and approve non-standard spot agreements and confirmations drafted by Confirmations Analysts.
Provide mentoring and guidance to Confirmations Analysts and take an active role in their learning and development.
Follow established company and departmental contract processes and procedures, and identify and suggest improvements as necessary.
Ensure compliance with ATA’s records retention policy.