Legal Negotiator (m/f/d)

#Job number :SEFEGR00581


Legal


London


Fixed term contract

A newly created role for a contract specialist to join our in-house legal team

IN SHORT

As an integrated midstream energy company SEFE has an opportunity for a Legal Negotiator to join its in-house legal team based in London.

This is a newly created role to lead a key risk management project launched to bring all existing master trading agreements in line with our latest risk policy. This is a challenging and exciting role where you will independently and proactively liaise with parties both internally and externally, to draft amendment documentation and progress the consequential negotiations and advise the relevant stakeholders, as a core function of the risk management process.

To succeed in this role you will be a skilled and efficient negotiator, able to draw negotiations to a mutually beneficial conclusion while safeguarding SEFE’s risk position.

This is a fixed term contract for 12 months with the potential to extend.

WHAT YOU WILL DO

 Key accountabilities include:

  • Negotiating a high volume of documentation to bring SEFE Marketing &Trading’s (SM&T’s) master trade agreements into line with our latest risk policy
  • Taking instructions from the Credit department and Front Office on which negotiations to prioritise and regularly giving progress updates
  • Reviewing master trade agreements to determine which provisions need updating in view of SM&T’s risk policy
  • Drafting amendment agreements incorporating input from key stakeholders
  • Liaising with the counterparty, and internally across Front Office, Credit, Tax, Regulatory Compliance, Legal and other internal stakeholders to independently negotiate amendments to potentially, a full suite of master trade agreements per counterparty
  • Proactively following up with counterparties to maintain the pace of negotiations;
  • Resolving negotiation deadlocks, in a proactive and resourceful way;
  • Independently bringing negotiations to a mutually acceptable conclusion from a risk perspective;
  • Maintaining an up to date record of the status of all negotiations, including the ones completed;
  • Working with SM&T’s processes to ensure that records of all drafts, discussions and execution copies are stored in the correct manner.

WHAT YOU WILL BRING

  •  Minimum 3-4 years’ experience of energy trading documentation, essential
  • Experience in dealing with EFET, ISDA, GTMA, IETA, MNAs, CSAs and other related credit support documentation
  • An understanding of the nuances of the relevant products traded under the above-mentioned documentation combined with an understanding of the most recent market developments in these areas
  • An awareness of some of the regulatory issues affecting these markets is desirable, but not essential
  • The ability to negotiate documentation from start to finish with minimum supervision

You will also demonstrate

  • Strong business acumen coupled with entrepreneurial flair
  • Concern for accuracy combined with a detail oriented approach
  • Excellent negotiation skills with the ability to adapt your style to achieve commercial aims
  • Highly effective written and verbal communication skills
  • The ability to build and maintain strong and effective working relationships
  • Fluency in English (written and spoken)

ABOUT US

Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.

As an integrated midstream energy company headquartered in Berlin, SEFE Securing Energy for Europe ensures the security of energy supply in Europe and drives the green energy transformation. SEFE is active in trading & portfolio management, sales, transportation, and storage of energy, and has its strongest presence in Germany and the UK. SEFE employs around 1,500 people and supplies over 50,000 customers in various European markets, from small businesses to municipal utilities, regional gas suppliers, industrial companies, power plants and multinational organisations. With a sales volume of around 200 TWh of power and gas, SEFE plays a central role in the stability of the energy supply in Europe. SEFE is owned by the Federal Government of Germany.

Our international teams work across locations in Europe, Asia, and North America. We’re passionate about energy and the important role it can play in shaping a better future.

OUR BENEFITS

We’re committed to creating an inclusive environment that embraces diversity and fosters the development of knowledge, skills, and experience. Whatever your role, you’ll find an open, welcoming atmosphere that empowers you, and recognises your contribution.

In return we offer a competitive package which includes a comprehensive range of financial, lifestyle and wellness benefits.

  • non-contributory pension with company contributions of 10%
  • bonus earning potential
  • 25 days holiday plus bank holidays and volunteering days
  • buy and sell holidays
  • life assurance
  • medical and dental insurance (family cover)
  • a wide range of optional flexible benefits
  • hybrid working

We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.

Join SEFE and help us secure gas supply across Europe and shape a better, more sustainable tomorrow.

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