Legal Counsel

YOUR contribution

We are looking for a Lawyer to join the existing legal team of three  persons in Rome, to support its expanding business in Italy which includes trading of energy commodities, financial derivate contracts, risk management services and energy transition contracts including corporate power purchase agreements, batteries and biomethane contracts.

Mission:

The lawyer will work in GEMS Legal team in Rome. His/her mission is to support the trading and portfolio activities on the day to day topics related to power and gas businesses and to participate in ongoing projects. The person will work closely with all GEMS teams: trading, sales, operations, risks and back-office.

The main roles and accountabilities would be:

• Develop and execute comprehensive legal strategies and solutions to lawfully facilitate GEMS’ commercial objectives while mitigating associated legal risk
• Advise on, draft, review, negotiate GEMS’ contracts (ISDA and EFET Master Agreements, Energy commodity supply contracts, Renewable Power Purchase Agreements, BESS and Biomethane Agreements and related agreements) and bespoke energy and risk management and services contracts
• Draft, review, negotiate support credit management documentation (e.g. netting agreements, credit support annexes, letters of credit and guarantees) and any ancillary agreements
• Conduct regulatory and other due diligence, review and advise on credit support, legal opinions and other conditions precedent relevant for GEMS’ contracts and services
• Liaise with and draft legal analysis and memoranda for management and internal governance purposes
• Address legal and regulatory developments relating to energy commodities in regulated markets, provide training on topical issues to GEMS colleagues and attend internal and industry conferences and forums
• Develop practice notes and assist with policy and guidelines formulation and application and improve and develop standard clauses and templates
• Advise on and execute the implementation of the reforms of commercial, financial or energy market regulation in GEMS’ products and services
• Provide legal support in relation to contractual event-driven issues such as events of default, covenant breaches, force majeure, waivers, acceleration and enforcement and to pre-insolvency and insolvency procedures
• Supervise external counsels

The successful candidate will also have the opportunity to take part in the ongoing initiatives and projects launched within GEMS Legal & Regulation or more generally within GEMS.

About YOU

Qualifications required: 

Master’s degree in Law. 

Specific Knowledge:

• Languages: Fluent English and Italian oral and written with strong drafting skills (another language is a plus)
• excellent technical and commercial skills
• an intellectual curiosity and hunger to learn
• demonstrating commercial understanding, good judgment on legal risk decisions and on knowing when to escalate
• being familiar with, and demonstrate responsibility for, a range of energy commodity transactions 
• demonstrating exposure to innovative deals and structuring
• ability to articulate governance and risk policies
• transaction management skills
• strong interpersonal and communication skills
• confident, capable and quick to learn
• working effectively as part of a team
• producing results in the face of adversity

Experience:

At least five years’ experience as in house in an energy company or as energy lawyer in a law firm.

Location:

Rome

Type of contract:

Local contract according to Italian labour law.