Team Lead – Trading Contracts - Oil & Related Products page is loaded## Team Lead – Trading Contracts - Oil & Related Productslocations: Londonposted on: Posted 3 Days Agojob requisition id: JR102491**Job Title:**Team Lead – Trading Contracts - Oil & Related Products**Contract Type:******Time Type:******Job Description:**The Team Lead – Trading Contracts is responsible for the day-to-day management and execution of trading contracts for a defined product scope (Oil Products). The role ensures accurate, timely, and compliant contract execution, while leading a team of analysts and acting as the primary operational escalation point for the Trading Front Office within the assigned product area.The position balances hands-on contract expertise with people leadership, ensuring high service levels, strong controls, and effective collaboration across Trading, Legal, Risk, and Operations.**Main Responsibilities****1. Contract Execution & Oversight*** 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.**2. 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.**3. 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.**4. 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.**5. 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.**6. 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.**Profile*** Bachelor’s degree in Business, Finance, Law, Economics, or equivalent* Min. 10 years’ experience in Trading Contracts, Trade Support, or Trading Operations, preferably within commodities.* Demonstrated product expertise Oil products.* Prior experience in a team lead or senior analyst role.* Strong knowledge of commodity trading contracts (physical preferred).* Understanding of pricing mechanisms, delivery terms (Incoterms), and payment structures.* Familiarity with trade capture and contract management systems (CTRM).* Solid awareness of operational risk and control requirements.* Proven experience leading or supervising operational teams.* Strong stakeholder management and communication skills.* Ability to make sound judgments under time pressure.* Detail-oriented, with a proactive and solution-focused mindset.* Proficiency in English language required, speaking additional languages is beneficial.If you think the open position you see is right for you, we encourage you to apply!***Our people make all the difference in our success.***