Commercial and Compliance Analyst

  • Location

    London, England

  • Sector:

    Finance & Risk

  • Contact:

    Sarah Stott

  • Contact email:

  • Job ref:


  • Published:

    12 months ago

  • Expiry date:


  • Start date:


  • Consultant:


Commercial and Compliance Analyst

A fantastic opportunity has arisen for an enthusiastic and hardworking individual within in the UK's largest independent oil company.

You must be able to communicate well with external parties such as customers and terminal staff and have an excellent telephone manner. You must be confident and articulate and have an exceptional eye for detail. You must be fast and efficient in word and excel, some knowledge of databases would be useful but not essential. In house training will be provided for all aspects of this role, so a willingness to learn is essential. The role is with a small team and is extremely fast moving and offers great opportunities for career development within the business.

The role is based out of our London office and the successful candidate will report directly into the Head of UK Sales and Supply, and have every day contact with other departments such as trading and middle office.

Purpose of the role:
To manage all sales and purchase contracts within the UK to ensure hedging and contract volume compliance. Communicating and liaising with customers and own fleet haulage regarding liftings performance and optimising pricing positions. Managing communications around all operational issues that impact customers (internal and external).
Duties required:
Updating the compliance sheets on a daily basis and highlighting significant discrepancies between actual and forecasted lifting's to the commercial team and the business (morning meetings).
Effective compliance management to ensure that costs are kept to a minimum, and gains are obtained where possible.
Establishing and maintaining a good relationship with all customers.
Notifying customers and terminals of any allocations or restrictions as advised by the commercial team and business for contractual, stock and pricing reasons.

Ensuring contractual costs are recovered for out of tolerance performance.
Nominating third party planned lifting volumes to our Suppliers, taking into account full optimisation to ensure that planned volumes are in line with up to date break-evens and contract requirements.
Working with the Head of UK Sales and Supply, and Optimisation Manager for strategic planning and forecasting, utilising optimisation and resource availability.
Responsible for ensuring annual compliance is adhered to on Sales and Purchases, and trending non-compliance is flagged and actions taken to correct.
Issuing lifting instructions to both the commercial diesel team and to the scheduling team, and ensuring that lifting's are aligned with the instructions.
Act as the link between the schedulers at Tamworth, the London operators and London traders, for the commercial team.
Manage the relationship with Tamworth to ensure instructions followed leading to contractual and optimal performance.
Management of the secondary commercial operator ensuring compliance is fully covered, and processes are robust.
On time reporting of compliance and performance, weekly and monthly as required
P&L reporting quarterly of compliance impacts.
Out of hours availability to respond to issues as and when required.

Skill and knowledge required for the role:
Excellent organisational and prioritisation skills
Excellent communication skills
Excellent numeracy skills.
Detail orientated.
Intermediate/advanced Excel.
Intermediate/advanced Outlook.
Intermediate PowerPoint.
Data entry for use of in house database system (TPT and HAL) to/for:
Entering and amending contracts
Entering nominations
Issuing spot sales
Sanity checking lifting's