Job Title:
Team Lead – Trading Contracts - Oil & Related Products
Contract Type:
Job Description:
The Team Lead – Trading Contracts is responsible for the day-to-day management and execution of trading contracts for a defined product scope (Oil Products). The role ensures accurate, timely, and compliant contract execution, while leading a team of analysts and acting as the primary operational escalation point for the Trading Front Office within the assigned product area.
The position balances hands-on contract expertise with people leadership, ensuring high service levels, strong controls, and effective collaboration across Trading, Legal, Risk, and Operations.
Main Responsibilities
- Contract Execution & Oversight
- Oversee preparation, review, and execution of trading contracts and confirmations in line with approved templates and policies.
- Ensure contract terms accurately reflect commercial intent, pricing structures, delivery terms, and payment conditions.
- Review and approve non-standard clauses within delegated authority; escalate higher-risk deviations to the Global Trading Contracts Coordinator.
- Ensure timely contract issuance, execution, and amendments to support Front Office deal timelines.
- Team Leadership & Performance Management
- Lead, coach, and develop a team of Trading Contracts Analysts.
- Allocate workload, set daily priorities, and manage capacity to meet business demands.
- Conduct quality reviews and ensure adherence to defined controls and procedures.
- Drive a culture of accuracy, accountability, and continuous improvement.
- Front Office & Stakeholder Support
- Act as the first point of contact for Traders and Trade Support within the assigned product scope.
- Support deal structuring discussions from a contracts and operational perspective.
- Partner closely with Legal, Credit Risk, Trade Support, and Operations to resolve contract issues and execution challenges.
- Handle escalations related to contract discrepancies, amendments, or counterparty disputes.
- Trade Entry & Lifecycle Coordination (where applicable)
- Ensure effective coordination between contracts execution and trade entry teams.
- Validate alignment between contract terms and system trade capture.
- Identify and resolve breaks early to prevent downstream settlement or accounting issues.
- Risk, Controls & Compliance
- Apply first-line operational risk controls within the team.
- Ensure proper documentation, approvals, and audit trails are maintained.
- Support internal and external audits and address findings within agreed timelines.
- Proactively identify recurring issues and implement corrective actions.
- Process Improvement & Change Support
- Contribute to process standardization and automation initiatives.
- Support new product launches, system enhancements, and procedural changes.
- Provide subject-matter expertise for assigned product area.
Profile
- Bachelor’s degree in Business, Finance, Law, Economics, or equivalent
- Min. 10 years’ experience in Trading Contracts, Trade Support, or Trading Operations, preferably within commodities.
- Demonstrated product expertise Oil products.
- Prior experience in a team lead or senior analyst role.
- Strong knowledge of commodity trading contracts (physical preferred).
- Understanding of pricing mechanisms, delivery terms (Incoterms), and payment structures.
- Familiarity with trade capture and contract management systems (CTRM).
- Solid awareness of operational risk and control requirements.
- Proven experience leading or supervising operational teams.
- Strong stakeholder management and communication skills.
- Ability to make sound judgments under time pressure.
- Detail-oriented, with a proactive and solution-focused mindset.
- Proficiency in English language required, speaking additional languages is beneficial.
If you think the open position you see is right for you, we encourage you to apply!
- Our people make all the difference in our success.*