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Key information
Team: Wholesale Gas and LNG
Location: Madrid, Spain
Experience level: +3 years
Job type: hybrid
Requirements: English B2+ or higher + Bachelor's degree or higher.
The team you are joining
LNG / Gas Contracts Analyst will coordinate and manage negotiations of different kind of contractual agreement such us Master Sales and Purchases Agreements, EFET, Acuerdo Marco for the Spanish Gas Market, ISDAs, Services Agreements, LNG Confirmation Notices and other contractual documents, identifying risks while offering mitigating alternatives to the Wholesale Gas Trading business.
The candidate for this position will obtain a broad knowledge of the growing LNG/Natural Gas Trading business, collaborating with different teams within Repsol and external counterparties. You will have demonstrated knowledge in contract law principles, contract interpretation, remedies, liability, allocation, credit protections, governing law, dispute resolution, and cross border commercial contracting.
Main tasks
- Analys proposed transactions during the pre-deal phase and advise Front Office stakeholders on contractual structure, allocation of contractual risk, obligations, protections, and potential mitigation alternatives. Draft, review and negotiate agreements such us Master Sales and Purchases Agreements, EFET, Acuerdo Marco for the Spanish Gas Market, ISDAs, Services Agreements, LNG Confirmation Notices and other contractual documents.
- Identify contractual, commercial, credit, operational, compliance and execution risks ad coordinate appropriate review with the relevant subject-matter experts.
- Liaison between counterparties and internal stakeholders (commercial, legal, credit, compliance, tax and operations) facilitating consistent, timely follow-up and ensuring contract compliance.
- Serve as the principal point of contact for assigned counterparties and internal stakeholders, coordinating with General Counsel when formal legal review advice is required. Collaborate in the new counterparties onboarding process (KYC)
- Respond to Front Office and Back Office questions, inquiries, requests for clarification, etc. regarding contractual terms and conditions.
- Maintain clear records of negotiations, approvals, contractual deviations, executed documents and relevant obligations.
- Contribute to the development and continuous improvement of contract templates, clause libraries, negotiation guidance, deviation matrices, policies, procedures, controls and contract management systems. Escalate matters outside the roles’ delegate authority or requiring specialist Legals, Tax, Compliance, Credit or regulatory review.
What we offer
- Permanent contract
- Bonus according to objectives
- Medical insurance
- Contribution to pension plan
- Digital disconnection
- Conciliation measures
- Legal advice
- Employee support services
- Law degree preferred
- 3 years+ experience in a similar position in a Gas/LNG trading business or other commodities
- Demonstrated ability to apply legal training to commercial contract drafting, negotiation, risk identification and transaction execution within a business environment.
- Ability to draft, assess and negotiate LNG/Natural Gas contracts
- Proven ability to cross collaborate with multiple organizations and disciplines, leading in conflict management and resolution.
- Excellent interpersonal and influencing skills as well as excellent verbal and written communication skills both in English and Spanish.
- Understanding of negotiation tactics, prioritization based on forecast requirements size, complexity, and strategy.
- Ability to manage multiple negotiations and priorities in a deadline-oriented trading environment.
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Skills Required
- Bachelor's degree in Law
- At least 3 years of experience in a similar role within gas/LNG trading, commodities, or a related business
- Experience applying legal training to commercial contract drafting, negotiation, risk identification, and transaction execution
- Ability to draft, assess, and negotiate LNG and natural gas contracts
- Excellent verbal and written communication skills in English and Spanish
- Ability to collaborate across multiple organizations and disciplines and manage conflict resolution
- Understanding of negotiation tactics and prioritization based on forecast requirements, complexity, and strategy
- Ability to manage multiple negotiations and priorities in a deadline-oriented trading environment
- English proficiency at B2 level or higher
What We Do
At Repsol, we are at the forefront of the energy sector to build the future of energy with innovation and sustainability. We are a strong multienergy company that creates value in an integrated, diversified, and sustainable way to promote progress in society. We leverage our past experience to be present in the future of energy. Our global presence ensures the diversity that characterizes us as seen in our multicultural and multidisciplinary team that as of today comprises more than 25,000 people representing 77 nationalities who work across 27 countries. If you would like to learn more about us and join the Repsol team, go to the “Life” section
