Contract Writer - Johannesburg, South Africa - Glencore

Glencore
Glencore
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter


Description

1.


ACCOUNTABILITY:


  • This role will be responsible for drafting the sales and purchase contracts for the various commodities handled in the Zinc/Copper Department and their related legal documents.
  • This role will support the commercial/legal work throughout all phases of the deal starting from the business proposal unit post signature issues.

2.


KEY RELATIONSHIPS:


  • Trading & Traffic Teams
  • Team colleagues
  • Relevant field offices
  • Contract Management
  • Group Legal, Compliance and Sustainability
  • Suppliers, vendors, contractors, and other external stakeholders as required

3.


QUALIFICATION & SKILL REQUIREMENTS:


Minimum Qualifications & Requirements:


  • BA Degree or similar sound qualification in Economics, Law or comparable qualification such as Paralegal Diploma
  • Fluency in English, verbal and written (corporate language)
  • Willing and able to travel abroad for training purposes

Additional Qualifications:


  • N/A

Competencies:


  • Fluency in English (corporate language)
  • Strong verbal and written communication skills that work effectively within team and different audiences
  • Flair for legal language
  • Able to prioritize tasks and to work with short deadlines and adhoc requests
  • Able to work and communicate with people from various multicultural backgrounds inside and outside the Company
  • Able to understand economic workflows, the legal requirements and the interaction between both
  • Interested in Commodity Trading
  • A strong team player, with the ability to also work independently, with a proactive and flexible work attitude
  • Computer literate MS Office. Strong Excel, Word & PowerPoint skills

Work Experience:


  • 1 to 3 Years relevant experience

4. GENERAL


ACCOUNTABILITY:


  • Responsible to enter new business in the internal trading system, including pricing lines and liaise entries with Terms book
  • Submit contract headers for validation
  • Send contract no. to traffic team, as per Trading system
  • Keeping track of traders' business confirmations
  • Follow up on external/local counterparty business confirmation if not yet available for deal validation purposes
  • Coordination with Terms books and Traffic Team Members for entry of new products/qualities
  • Liaising with the KYC/ Compliance coordinators in case information on counterparties is missing
  • Monthly reporting on open/pending contract status.
  • Drafting/issuing/reviewing of sales and purchase contracts including offtake, requirements, tolling contracts and all related legal documents (NDA/MoU/LOI/Force Majeure declarations, letters of notice, claims and similar) and its verification with Trading, Compliance, Insurance, Finance, etc.
  • Providing prompt practical business oriented legal and commercial advice directly to traders and other stakeholders within the department as well as to customers (with support of our legal department).
  • Offering proactive advice and signalling of prospective legal/commercial risks
  • Assisting all Teams within the Zinc/Copper Department with regard to various legal matters/queries
  • Negotiating and coordinating matters related to Supplier Code of Conduct clauses in cooperation with Group Legal and Sustainability.
  • Maintaining the internal trading system and administration of the contract files
  • Preparing PoAs for third parties, such as custom clearers, service providers
  • Complete RDE table and obtain signature from corporate services, as well as arrange for Translations of Documents with notarisation and apostille
  • Service Agreements:
  • Draft/review service agreements for storage, warehousing, software licenses, freight forwarding jointly with ACB team if in scope of TPDD
  • PCG:
  • Draft / review Parent Guarantees and liaise directly with finance and credit risk team when needed
  • Glencore entities:
  • Drafting of local/direct contracts on behalf of entities other than Glencore International AG with their direct customers
  • Intercompany contracts/ Xover ctrs:
  • Drafting of intercompany contracts between Glencore entities
  • Drafting of all xover ctrs. Between Glencore entities
  • Audit:
  • Compile documents stored electronically for any internal and external audit
  • Check Termsbook entries vs. finalization of contracts/amendments and raise matter if amendment/addendum/cancellation agreement missing
  • Year end tasks:
  • Maintain Evergreen contracts/Longterm in

CTTS:
adding another year to all evergreen contracts with same quantity as the year before, adjusting the contractual quantity respectively and splitting the new year into 4 equal schedules

  • Check of duration type in contract header (Spot =
3 months)

  • Enter Counterparty reference number where missing
  • Enter Conversion ctr associated Metal ctr where missing
  • Creating of all new tolling/conversion contracts in CTTS for following calendar year based on instructions from traffic
  • Supply Chain Due Diligence:
  • Maintain lists required for SCDD purposes
  • Update the trading system execution fields with product

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