Contract Administrator II

Job Description:

This position adminsters the process of auditing specialized contracts and resolving contractual terms for transactions involving physical energy products and financial derivatives for a diversified energy trading and services firm.
Duties: Review specialized contracts, more complicated incoming contracts or confirmations; interpret transaction terms to verify proper inclusion of terms; identify potentially problematic terms; research solutions to problem areas and create riders utilizing appropriate language; add appropriate terms to individual contracts; recognize and incorporate up to date revisions to master agreements; review counterparties's General Terms and Conditions and develop responses to admendments or revisions proposed from counterparties through creation of rider(s). Generate and audit outgoing contract documentation on a random basis to verify accurate pricing, legal name(s), signatures, credit terms, amendments, clauses, set-offs or riders; ensure that any necessary revisions are processed accordingly.

Required Skills:

Bachelors degree, preferably in a business discipline and two years experience preparing and adminstering high volumes of complex contracts requiring determinations as to terms/language to use, authority to modify content and discretion to consult with legal counsel as appropriate. Experience in a commercial/investment banking, capital market or commodity trading environment is preferred. Familiarity with standard industry transaction types, confirmations, and trading documents preferred.