Contract Risk Management Specialist I/II/Sr at EQT

Job description

At EQT, you won't just do a job, you'll help shape our future. Through Transparent Leadership, you'll work alongside leaders who value collaboration and ensure every voice is heard. Through Connected Impact, you'll see how your work influences critical business decisions and drives value across our operations. Through Supported Growth, you'll have opportunities to expand your skills through cross-functional collaboration, development opportunities, and career advancement. Join our Qrew! The Contract Risk Management Specialist I/II/Sr is responsible for the preparation, administration, processing, and maintenance of commercial contracts, amendments, and transaction confirmations. This position ensures contractual documentation is accurate, timely, and compliant with established company policies, procedures, and regulatory requirements. This role works collaboratively with Commercial, Legal, Credit, Risk, Accounting, and other internal stakeholders to facilitate contract execution, maintain accurate contract records, resolve discrepancies, and support daily commercial operations. This role requires strong attention to detail, organizational skills, and the ability to manage multiple priorities in a fast-paced environment. The Contract Risk Management Specialist I/II/Sr responsibilities include but are not limited to: Contract Administration and Management Prepare, review, process, and maintain commercial contracts, amendments, exhibits, and transaction confirmations in accordance with the Financial Risk and Credit Policy (FRCP), Delegation of Authority (DOA), and established company procedures. Coordinate the internal and external routing, approval, execution, and distribution of contractual documents to ensure timely completion. Process contract name changes, assignments, amendments, and other modifications to existing agreements. Draft and refine contract language as needed, coordinating with Legal to obtain appropriate review and approval of proposed changes. Monitor contract status and follow up with internal stakeholders and counterparties to facilitate timely execution and resolution of outstanding items. Ensure contractual documentation is properly executed, maintained, and accessible in designated contract management systems. Transaction Confirmations and Compliance Prepare, process, and validate incoming and outgoing transaction confirmations to ensure accuracy and consistency with underlying commercial transactions. Review transaction confirmations for discrepancies and coordinate with Commercial, Risk, Legal, and counterparties to resolve identified issues. Monitor confirmation processing timelines and ensure compliance with applicable policies, procedures, and regulatory requirements. Maintain accurate records of confirmation activity and support internal controls, audit requirements, and compliance reviews. Systems and Data Management Create, maintain, and update customer and counterparty account records in contract management databases, Salesforce, and Energy Trading and Risk Management (ETRM) systems. Ensure the accuracy and completeness of contract information, customer records, and related documentation across applicable systems. Research and resolve contract data discrepancies, collaborating with internal stakeholders to maintain data integrity. Participate in system testing, enhancements, and implementation activities related to contract management processes. Cross-Functional Collaboration Collaborate with Commercial, Legal, Credit, Risk, Accounting, and other stakeholders to facilitate contract processing and resolve contract-related matters. Provide guidance to Commercial and other internal stakeholders regarding contract documentation requirements, processing procedures, and approval workflows. Respond to contract-related inquiries and provide timely, accurate information to internal and external stakeholders. Retrieve, organize, and compile contracts and supporting documentation in response to requests fro