Team Lead - Trading Contracts - Oil & Related Products
Gunvor Group · Houston, TX · 1 wk ago
FinanceFull-time
Main Responsibilities
- 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.