Job Title: Contract Coordinator
Position Specific Description
We seek a highly skilled and legally astute Contract Coordinator to join our Confirmations
team. The Contract Coordinator will utilize quantitative methods and tools to discern
insights and enhance risk management decision-making processes. This position involves daily coordination and communication with the font office, extensive engagement with external counterparties, and in-depth reviews of legal documents. The successful candidate will play a critical role in ensuring the legal confirmation of transactions and mitigating risks associated with complex deals.
The team supports Marketing & FPL across commodity groups in the derivative & physical space.
Core functions of the Confirmations Team include:
1. Confirmation Coordination: Daily coordination and communication with the front office
to facilitate confirmation creation and amendments or unique and highly complex deals.
2. Transaction Accuracy: Ensure that all transactions are accurately captured in Risk
systems in a timely manner, adhering to legal and regulatory requirements.
3. Counterparty Engagement: Engage with external counterparties to legally confirm
transactions and actively work towards resolving disputes when necessary.
4. Legal Document Experience: Seasoned professional with a proven record conducting
comprehensive reviews of legal documents, including ISDAs, NAESBs, EEIs, related
collateral agreements (CSA), and trade confirmations, to ensure compliance and minimize legal risks.
5. Reporting and Data Visualization: Develop and enhance the team's reporting
infrastructure and data visualization capabilities to support informed decision-making.
6. Risk Assessment: Collaborate with origination, risk management, trading, legal, and
accounting departments to assess and evaluate risks associated with potential
transactions, new business initiatives, and onboarding new counterparties. This includes
the filing of necessary documentation for proper counterparty integration.
Qualifications:
The ideal candidate should possess the following qualifications:
- Proven derivative and or legal contract experience.
- Proven success in confirmations management in a trading firm, preferably in
commodities, 5+ years.
- Strong experience with master agreements ISDAs, NAESBs, EEIs, and related collateral agreements (CSA).
- Sound understanding of physical trading and derivatives and the trade lifecycle.
- Demonstrated ability to collaborate effectively with team members.
- Strong critical thinking and creative problem-solving skills.
- Exceptional attention to detail and communication skills.
- Excellent organizational skills.
- Comfort working under tight deadlines.
- Proficiency in Excel, SQL, and PowerBI; Python expertise is a plus.
- Experience with Endure or other ETRM a plus.
- Degree in a business or legal discipline.
EEO:
Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.
EEO:
Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.