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Working closely with the legal team, the Senior LNG Contracts Manager will be responsible for managing and processing the day to day commercial contracts of the LNG trading team. The “managing and processing” role will include liaising with internal teams (e.g. credit, tax, finance, legal) to get their comments on contracts, input these comments into the specific contracts together with the legal team, discuss and negotiate the contracts with counterparties and finalise the contracts. The LNG team has precedent and standard form documents to aid this process.

The day-to-day commercial contracts of the LNG trading team will include: 

• LNG Master Sale and Purchase agreements

• Confirmation Notices

• framework agreements for services to be provided e.g. broker services

• Time Charter Parties

• Confidentiality Agreements

• Parent Company Guarantees

• Letters of Credit

• Bookout Agreements

• Amendment, novation, assignment, termination of above agreements; and any other day to day commercial contracts required by the LNG trading team.

This is a London based role (close to Marble Arch) and the successful candidate will be required to work 3 days in the office.

Key responsibilities:

• Manage the counterparty discussion and negotiation process on behalf of LNG

• Produce contract drafts of LNG trading deals in the form of Confirmation Notices, applying commercial understanding to mitigate liabilities between back-to-back deals where possible

• Manage the internal contract review process on behalf of LNG to ensure all contracts entered into have the appropriate internal approvals prior to execution

• Manage the prioritisation of requests with the Centrica LNG business to ensure that requests are appropriately managed, and expectations are met

• Ensure that the execution of agreements with new counterparties is communicated out to the appropriate teams within our business and subsequently input into our systems in timeframes determined by the LNG team

• With the support of Legal, maintain the Centrica LNG standard agreements, proactively keeping up to date with legal, business and market developments impacting the terms required

• Manage the onboarding of new counterparties and vessels

• Coordinate the execution of contracts following the LNG internal approval process

• Oversee counterparty management on various LNG trading platforms

• Work with LNG Contract Manager to maintain an accurate record/database of all executed contracts and counterparties for the LNG business.

The Person:

• Experience in commodity markets and/or background working within a LNG trading business

• Knowledge of contracts such as Master Sale and Purchase agreements, Confirmation Notices, Framework Agreements, Confidentiality Agreements, Parent Company Guarantees, Letters of Credit, etc

• Experience of managing counterparty relationships

• Understanding of both Legal and LNG operational principles in order to balance both needs to achieve a result

• A proven record of delivery in a high performing team

• Excellent attention to detail and organisation skills

• Professional manner, collaborative approach and willingness to work with various different stakeholders

• Ability to prioritise and experience of balancing multiple activities to ensure all goals are met

• Proactive nature and ability to work autonomously to achieve goals.

#LI-CET

At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!