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Legal Counsel - Gas and Power

Location
London WC2N
Company
Job type
Working Model
Hybrid
Pay
Number of applicants
Not stated

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Job Description

Description


An exciting opportunity has arisen for a commodity trading lawyer to join the Legal Affairs department of a dynamic and rapidly-growing international energy trading company on a permanent basis.
This role will primarily provide commercial, contractual and regulatory legal advice and support to the Gas, Power and Carbon/Emissions trading teams of the business.


Key Responsibilities


  • Providing practical legal advice and support to the company’s Gas, Power & Carbon/Emissions trading business and its leadership teams on a range of commercial, supply and trading issues.
  • Reviewing and negotiating commercial and corporate contracts including LNG MSA, EFETs and ISDAs.
  • Identifying legal risks, monitoring and communicating the impact of legislative and regulatory developments. Working closely with the compliance team on regulatory reporting.
  • Supporting the expansion of the company’s trading business into new markets and geographies and providing sound functional legal assurance and support to its business growth projects.
  • Advising the business on the resolution of regulatory issues and contentious trading and non-trading issues, with the support of external counsel where required.
  • Reviewing and negotiating ad-hoc financing agreements, tender documentation, bank guarantees, performance bonds etc.
  • Advising on areas of corporate law and corporate governance pertaining to the company’s joint venture.


Skills, Knowledge and Expertise


  • Degree in Law, ideally from a common law jurisdiction
  • Qualified lawyer with SRA registration.
  • Experience of working in the energy sector, advising on commodity trading.
  • If from private practice, ideally at least 6 months spent on secondment to a commodity trading company, bank or an in house corporate/commercial team.
  • Good understanding of the energy trading industry and solid background in a commodity trading, corporate or commercial discipline.
  • Knowledge of gas, power and carbon/emissions trading agreements, EFETs and ISDAs.
  • Experience of financial regulation, structured products & compliance would be advantageous
  • 3+ years’ relevant post qualification experience
  • A commercial, pro-active and professional approach to work
  • Energetic individual with good interpersonal skills
  • Drive, commitment and an ability to work autonomously but closely alongside business stakeholders and partners
  • Motivation and a strong desire to learn and acquire experience of new areas of practice
  • Team player, flexible and willing to support other members of the Legal Affairs team with a diverse work portfolio
  • Proven record of sound judgment, commercial awareness and high quality contribution to business strategy and delivery
  • Excellent spoken and written English


Benefits


This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package, including Private Medical, Dental and Travel Insurance cover, Life Assurance, Annual Gym Allowance, Contributory Pension Scheme, 25 days annual leave, Discretionary Bonus, and more. This is a full-time position, with the successful candidate being required to attend the London office 4 days per week.


About Petroineos Trading Limited


Petroineos Trading Limited comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe’s leading International Integrated Energy Trading Companies.

Our highly experienced teams trade a comprehensive range of energy products, supported by a network of professional teams across the globe, enabling our customers to benefit from our ability to leverage our shareholders’ global network. Trading is carried out by three divisions: Crude, Refined Products, and Low Carbon Solutions.

To discover more about the company, click here.

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