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’s 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’s 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:
The candidate will also be required to assist and advice the NBS team on acquisitions of company’s 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’s 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:
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:
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:
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
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