Senior Analyst Contracts

bp•Chicago, IL

1d•$93,300 - $173,300•Hybrid

About The Position

Join our dynamic Refining and Products Trading Contracts team who manage the drafting, review and negotiation of contract documentation relating to all physical oil trades. In this role you will leverage your technical expertise in the provision of advice to the business to support new and existing trading operations, as well as the negotiation of bespoke terms, tenders and general terms and conditions. As a Senior Contracts Analyst your contributions are essential to facilitating process improvements and maintaining a robust control environment, ensuring accurate monitoring and performance reporting.

Requirements

Previous experience of drafting contracts and reviewing tenders to a deadline, interpreting and negotiating contractual terms.
Experience in a legal, trading environment or in supporting trading in a fast paced and deadline driven environment.
Excellent oral and written communication skills, with an ability to adapt style to suit different audiences.
Detail oriented with an ability to identify, analyse and tackle problems, and proactive in preventing recurrent issues.
Ability to provide training, and presentations on contracts subject matter.
Ability to drive operational excellence through improving processes and adapt to changing situations.
Strong teammate with the ability to collaborate effectively, support colleagues and contribute to a positive and inclusive work environment that enhances overall team performance.

Nice To Haves

Familiarity with Incoterms shipping terms preferable.

Responsibilities

Accurate and timely preparation of all contracts for third party physical trades that ensures minimum overall exposure for bp ST&S.
Identification and timely resolution of any deal entry discrepancies ensuring accuracy between recaps, contracts and our trade capture system.
Prompt review of third party tenders and drafting of bids as necessary.
Review of third party general terms and conditions and negotiating mutually acceptable amendments.
Provide paralegal support and advice to the ST&S business, both in respect of pre-trade information and the resolution of disputes arising in the operation or completion of the trade.
Understanding compliance issues and critical controls affecting relevant trades, identifying and calling out potential breaches.
Cultivate and sustain strong relationships with front office and partners by delivering insightful pre-deal and post-deal guidance.
Developing a robust understanding of the deal cycle and how Contracts collaborate with other teams and systems.
Accountable for the identification and escalation of any issues, risks, concerns, control or process gaps through to resolution.
Ensure these are shared as appropriate globally, to mitigate against further issues.
Foster a control mindset implementing processes and risk management practices, in accordance with policies, that enable the business to operate safely and effectively.
Delivery against Key Performance Indicators whilst maintaining silent running.