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NES GLOBAL PTE. LTD.

Senior Contracts Advisor - Derivatives

NES GLOBAL PTE. LTD., Islip, New York, United States, 11751

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Check below to see if you have what is needed for this opportunity, and if so, make an application asap. Our Oil & Energy Downstream Client is urgently looking for Senior Contracts Advisor - Derivatives who will report to the Contracts Team Lead Derivatives and support the commercial teams by drafting and negotiating OTC Derivatives agreements, as well as providing value driven contractual advice to the businesses we support. 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 mandated requirements Provide advice to the business and supporting functions with regards to derivatives contractual arrangements ensuring compliance with both regulatory and 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 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 You are what we are looking for if you: Have Bachelor’s degree in law or equivalent legal experience Have minimum of 3 years’ working experience in drafting, analysis and negotiation of contracts related to the purchase and sale of OTC derivatives Have expert knowledge of agreements associated with derivatives trading, including but not limited to ISDA Agreements, CSA & VMCSA, Brokerage Agreements, Master and long form agreements Have expert knowledge of regulations applicable to derivatives trading activity Have strong commercial mindset Have effective negotiating skills and are capable of managing the expectations of various stakeholders both internal and external Have flexible approach and are commercially orientated with the ability to work independently as well as part of a team Are able to prioritize workload while adhering to tight deadlines Are meticulous with a keen eye for detail and highly organized Are comfortable working in a fast-paced and challenging environment Have good interpersonal skills, able to communicate effectively with both internal and external customers/stakeholders

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