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Senior LNG Contracts Manager

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Centrica

2mo ago

  • Job
    Full-time
    Expert Level
  • Legal
    Business, Operations & Strategy
  • London
  • Quick Apply

AI generated summary

  • You need experience in LNG trading, knowledge of key contracts, strong counterparty relationship management, and the ability to balance legal and operational principles while managing multiple activities.
  • You will manage LNG contract negotiations, draft confirmations, oversee internal approvals, onboard counterparties, and maintain contract records.

Requirements

  • 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

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.

FAQs

What is the primary role of the Senior LNG Contracts Manager?

The primary role is to manage and process the day-to-day commercial contracts of the LNG trading team, including liaising with internal teams, negotiating contracts with counterparties, and finalizing agreements.

What types of contracts will the Senior LNG Contracts Manager be dealing with?

The Senior LNG Contracts Manager will handle LNG Master Sale and Purchase agreements, Confirmation Notices, framework agreements, Time Charter Parties, Confidentiality Agreements, Parent Company Guarantees, Letters of Credit, Bookout Agreements, and any amendments or terminations of these agreements.

Where is this role based?

This is a London-based role, close to Marble Arch.

What are the working arrangements for this role?

The successful candidate will be required to work 3 days in the office.

What qualifications or experience are required for this position?

Candidates should have experience in commodity markets or a background in LNG trading, knowledge of relevant contracts, experience managing counterparty relationships, and a proven record of delivery in a high-performing team.

Is this position suitable for someone new to the LNG sector?

This role requires specific experience in commodity markets and LNG trading, so it may not be suitable for someone without relevant background or experience.

How does Centrica approach diversity and inclusion?

Centrica embraces diversity and actively seeks to attract individuals with unique backgrounds and perspectives, striving for a team with a diverse mix of people and skills.

How can candidates apply for this position?

Candidates can apply online by hitting the 'Apply' button, as applications will only be accepted through this method.

Will applicants be able to receive updates on their application status?

The job description does not specify the process for application status updates; candidates may need to check their application portal or email for communications from the recruitment team.

Is there any agency involvement in the recruitment process?

No, this role is being handled by the Centrica recruitment team, and no agency contact is required.

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Centrica

Leading energy services and solutions provider focused on helping customers live sustainably, simply and affordably

Energy
Industry
10,001+
Employees
1997
Founded Year

Mission & Purpose

Centrica is a leading energy services and solutions provider founded on a 200-year heritage of serving people. We are the UK’s biggest retailer of zero carbon electricity, serving around 10 million customers across the UK, Ireland and Continental Europe through brands such as British Gas, supported by around 9,000 highly trained engineers and technicians. Centrica’s purpose of helping customers live sustainably, simply and affordably drives our strategy and our People and Planet Plan.

Culture & Values

  • We care deeply about our impact: Care

    The safety of our team and of others around us is paramount. We respect others, and the trust they place in us. We want to make a difference to society and those we effect. We have a sense of responsibility which goes beyond our job

  • We do things right and deliver: Delivery

    We value delivering great service and customer outcomes. We are rigorous, do things the right way, and follow best practice. We appreciate the journey as well as the results. We seek simplicity, efficiency and continuous improvement

  • Together we win: Collaboration

    We enjoy working with others. We believe relationships and partnerships are fundamental. We are best when we work as a team. We seek out views and mutual understanding, even from our harshest critics

  • We are nimble, curious and innovative: Agility

    We don’t stand still and know when to change. We seek out new things which will make a difference. We are restless, always looking to do better. We embrace the ideas and perspectives of others

  • We step up and take responsibility: Courage

    We pursue the right outcome, knowing it is rarely easy. We are prepared to stand for what we believe. We will challenge where we believe the path is wrong. We face into the challenge and grasp the opportunity

Benefits

  • Financial Benefits

    To help our people look after their finances we offer different options to support with saving for the future, learning more about your money and giving peace of mind.

  • Health & Wellbeing

    Helping our colleagues to take care of their physical and mental health is something we really care about. We offer a wide range of benefits in this space.

  • Home & Lifestyle

    Colleagues can also level-up their benefits by taking advantage of discounts on those things that mean the most to them.