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Contract Administrator

icon building Company : Gerald Group
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Contract Administrator


About the Company:


Gerald Group is one of the world’s oldest and largest commodity trading companies focused on the merchanting of non-ferrous, ferrous, precious metals. For over six decades, we have distinguished ourselves as leading market specialists in the merchanting of all forms of refined metals and raw materials around the world.


We take pride in our well-earned reputation as a dedicated and trusted partner to top-tier miners and processors, industrial consumers, and major financial institutions. We are boldly continuing this tradition as we advance a more sustainable metals trade.


Founded in the United States, our main trading office is in Stamford, Connecticut. Our world-wide operations are supported by trading hubs and offices in Geneva, Shanghai, Dubai, and other locations. In addition to our merchanting business, our mining assets include the Marampa Mines iron ore mine in Sierra Leone, and the Soremi copper and zinc mine in the Republic of Congo.


Job Summary:


The Contract Administrator will support the physical movement, custody and contractual obligations concerning the metal traded across our North American business including the commodity supply chain to execute tasks with customers, logistics companies, and warehousers to ensure the timely and cost-efficient execution of physical metals trades.


Responsibilities:



  • Facilitate logistical aspects of commodity contract administration via coordination with trading desk and 3rd party service providers

  • Arrange and track daily truck and rail shipments of refined metals between producers, storage facilities including LME/Comex/SFE warehouses, ports and consumers

  • Maintain daily/weekly/monthly inventory of existing ocean/rail/truck shipments and openly communicate to the desk and customers regularly via email and phone

  • Plan and execute logistics solutions which meet the highest level of efficiency, cost effectiveness and optimal customer service including storage and freight rate negotiations

  • Develop and maintain relationships with logistics service providers in a manner which creates operational synergies across the supply chain; ensure logistics capacity availability is sufficient to meet contractual obligations regardless of seasonal factors

  • Maintain internal records including inventory on hand, goods in transit and various bearer documents. Periodic reconciliation of inventory records for reporting to traders, credit, insurance and treasury as well as various external interested parties

  • Maintain and distribute storage and freight cost database in order to facilitate timely and accurate trading decisions

  • Responsible for timely releases, invoicing and other document execution to counterparties as well as subsequent coordination of payments with the treasury department

  • Liaise with other departments including trading, treasury, risk, credit, accounting and IT

  • Other duties as assigned


Requirements:



  • Bachelor’s degree required

  • 5+ years related experience, preferably in commodities

  • Proficiency in Microsoft Office Suite software applications, with advanced Excel and Word capabilities

  • Good organizational and planning skills and the ability to work as a team to meet strict deadlines in a high paced environment

  • Good analytical, problem solving, and decision-making skills

  • Courteous and flexible customer service attitude

  • Advanced Excel, Word and other technical skills a plus

  • Excellent organizational, communication and follow up skills required

  • Willing to work in a time sensitive environment

  • Must be flexible to work additional hours as required

  • Ability to work onsite 5 days a week


Employee Programs & Benefits:



  • Comprehensive medical, dental, vision, and life insurance benefits

  • Commuter benefits

  • Flexible Spending Accounts

  • Health Saving Account

  • 401(k) plan with company match

  • Short- and long-term disability

  • Tuition reimbursement

  • Paid time off for vacation, personal, and sick time


We are an equal-opportunity employer. Our teams consist of professionals with diverse backgrounds and skill sets, all of which contribute to the efficacy and profitability of our operations. We take pride in our contributions in aiding developing economies, reducing carbon emissions, and in building towards a more progressive and equitable future.


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