Job Description

, Singapore

Job Family Group: Legal Jobs

Worker Type: Regular

Posting Start Date: June 1, 2022

Business unit: Legal

Experience Level: Experienced Professionals

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Where you fit in?

The Nature and Environmental Solutions (NES) team leverages our two main current competitive advantages of our leading trading position (helmed by our Environmental Products Trading Business (EPTB) team) in both compliance and regulatory markets and our experience and credibility developing and investing in nature projects Nature Based Solutions (NBS) that produce high quality carbon credits.

The NBS team is primarily focused on developing projects which protect or redevelop natural ecosystems, such as forests, grasslands, and wetlands. These could be projects related to conservation, afforestation or reforestation thereby generating carbon credits in the future whilst benefitting local communities and protecting biodiversity.

Shell\xe2\x80\x99s Global CO2 Trading team is headquartered in London with desks in Houston, Dubai, Singapore, Beijing and Tokyo. The Global NBS team is headquartered in Singapore with commercial teams placed stretching from Australia to the Americas.

EPTB is responsible for the management and optimisation of the CO2 exposures faced by Shell assets around the world, and for generating revenue streams from external business development and proprietary trading activities. In addition, Shell has an environmental products team in North America that focuses on broader renewable energy and emissions markets in the US, Canada and Mexico.

CO2 markets have experienced rapid growth over recent years, and Shell has remained at the forefront of the market since executing the first ever European Union (EU) CO2 Allowance trade in 2003. With CO2 increasingly being embedded into the global commodity mix, the Global EPTB team is well positioned to meet the CO2 trading and commodity requirements of new and existing customers over the coming years.

What\xe2\x80\x99s the role?

The successful candidate will also be one of the primary legal focal for the NBS business in Asia. The candidate will be expected the support the NBS team in negotiating and reviewing:

• NDAs and MOUs, share sale & purchase agreements, project finance agreements, share subscription agreements, joint venture agreements, consultancy agreements, banking instruments, land lease agreements and commodity offtake agreements amongst others.

The candidate will also be required to assist and advice the NBS team on acquisitions of company\xe2\x80\x99s enforcement/ regulatory/ licensing issues involving national and international CO2 schemes, land and indigenous rights issues, credit security structures and land rights issues.

The candidate will also be expected to guide and advise the NBS business on potential Anti Bribery & Corruption/ Anti-Money Laundering (ABC/AML) issues as well as precautions, structures and mitigants in respect of projects in high-risk jurisdictions and work with SMEs to deliver the right result for Shell.

The NBS team\xe2\x80\x99s increased focus on complex structured finance deals with significant cross jurisdictional implications mean that the candidate shall be responsible for the drafting and/or review of a vast array of complex bespoke contracts, including those relating to financing and security arrangements and contracts that have significant embedded optionality.

Such structured finance deals are anticipated to be conducted in various jurisdictions, often involving challenging and unclear legal and regulatory landscapes and the candidate will be required to:

• Provide sound legal and commercial advice on deal structuring considering a challenging commercial and legal landscape.
• Address any regulatory issues that may arise from security arrangements or from the deal in general.
• Work closely with internal functions to ensure alignment and compliance with Shell\xe2\x80\x99s requirements.
• As an integral member of the deal team, lead the deal and be a check on the deal Lead to ensure that deadlines are met; and
• Revise deal documents and lead negotiations with counterparties, and ensure that all internal requirements are reflected in the final deal documents

The candidate will further be expected to have significant exposure to the use of and management of external counsel for structured financing transactions. The candidate will be expected to liaise closely with external counsel and act as an effective conduit between the commercial desk and external counsel to manage workload, procurement of advice and effectively manage the balance between cost effectiveness and fit for purpose external legal service. Where necessary, the candidate is expected to exercise good judgement in requesting assistance and steer from Senior Legal Counsel within the NES team or the line manager.

The candidate shall be expected to travel occasionally for this role.

The candidate is also required to be a secondary legal focal to the EPTB team in Asia for its day-to-day operations including:

• Reviewing and negotiating Master Sale & Purchase Agreements and confirmations, Term sale & purchase agreements and other transaction documents.
• Potentially contentious operational matters such as late delivery or failure situations, Force Majeure, and breaches of contract.
• Advise and interface with the Contracts Unit, including on master sale and purchase agreements, preparation and updating of standard contracts, knowledge sharing and training, and with other Shell Trading functions, mainly Finance, Credit, Operations, HR and Tax.

Special Challenges
A fast paced environment, innovative business development teams and the challenges arising as the CO2 Trading and NBS businesses continue to adapt to changing industry and regulatory environments will require that this individual is commercially minded, flexible, willing to challenge and learn, and able to work under pressure.

What we need from you?

While a Law degree and professional legal qualification in a common law jurisdiction is essential, we are also keen to hear from candidates with the following experience:

• At least 8 years of post-qualification experience

• Sound knowledge of contract law and sale of goods principles. Ideally, a knowledge of and interest in the legal issues relevant to Upstream project delivery matters.
• This individual must be motivated, self-directed, able to handle multiple streams of work, prioritise workload and to work both independently and as a member of a team, while at the same time knowing when to seek advice from the line manager or other senior colleagues.
• Able to work without direct supervision.
• Ability to draft with appropriate understanding and interpretation of the commercial intentions.
• Excellent drafting skills. Good verbal and written communication skills
• Exposure to international common law and/or civil law contracts.
• Ability to work on several issues in parallel.
• Ability to understand and take account of business drivers and needs.
• Able to give clear exposition of a legal issue and to provide succinct accurate and comprehensible legal advice.
• Able to coordinate between internal functions and achieve alignment.
• Knowledge and experience to identify critical legal risks in the face of deadlines and deal pressures.
• Influencing, negotiation and facilitation skills. Capacity for collaborative teamwork and able to act as a network performer to coordinate with multiple contributors.

About Shell Singapore

Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation.

An innovative place to work

There\xe2\x80\x99s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you\xe2\x80\x99ll be adding your talent and imagination to a business with the ambition to shape the future \xe2\x80\x93 whether by investing in renewables, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment \xe2\x80\x93 one where you can express your ideas, extend your skills, and reach your potential\xe2\x80\xa6

• We\xe2\x80\x99re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we\xe2\x80\x99ll take it from there.
• We\xe2\x80\x99re closing the gender gap \xe2\x80\x93 whether that\xe2\x80\x99s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We\xe2\x80\x99re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We\xe2\x80\x99re huge advocates for career development. We\xe2\x80\x99ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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