Contracts Officer
1 week ago
The Company
BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy's business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.
For our office in Athens (alternative options Geneva or London), we are looking for a Contracts Officer to ensure accurate documentation, compliance with internal systems, and timely processing of contracts, provide administrative and operational support to the Contracts Manager and commercial teams. This role ensures BB Energy is fully and legally protected and that all contracts are consistent with our in-house systems to prevent P&L losses and avoid contractual disputes.
Why Join Us?
- We are a fast growing business in one of the most dynamic markets.
- Our team includes some of the leading experts in this field.
- We have a strong entrepreneurial spirit
- We are a well established business with a strong heritage and track record of success globally.
- We have a flat management structure and open management style - all voices heard and all voices count.
- Competitive salary and benefits package offered.
Main Responsibilities
- Draft and review contracts for the physical movement of oil and gas, ensuring they accurately reflect trades.
- Ensure all contracts are consistent with the in-house system to prevent P&L losses and to ensure correct issuance of documentary/financial instruments.
- Process and review contractual amendments, including commercial terms, operational terms, payment provisions, laytime and demurrage provisions, and legal provisions.
- Liaise with traders, operators, and other internal departments to highlight potential risks in transactions and provide advice to mitigate these risks.
- Assist in the implementation and administration of a contract management system, including development and maintenance of contract templates.
- Serves as Custodian of Records for all contracts and develops and maintains database for tracking all assigned contracts and related documents.
- Validate transactions against trade recaps, broker confirmations and counterparty contracts.
- Prepare and send outgoing contacts.
- Receive and review incoming contracts for errors and sending responses as needed.
- Maintain records of internal and external contractual correspondence.
Desired Skills & Experience
- 2-3 years of relevant experience in contract management within commodity trading(preferably oil and gas).
- Knowledge of the practical application of contracts for the physical movement of oil and gas, including laytime and demurrage within a contract.
- Good understanding of legal clauses applicable to physical delivery contracts, including force majeure, limitation of liability, assignability, default and liquidation, and waivers.
- Sound experience in the movement of commodities both domestically and internationally.
- Proven experience in preparing and reviewing oil and gas contracts.
- Attention to detail and strong organizational skills.
- Accuracy of contract documentation.
- Timeliness of processing.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively with traders, operators, and other internal departments.
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