Job summary
Entity:
Finance Job Family Group:
Finance Group Job Description: Market Risk Lead – Refining & Products Trading Bp Trading and Shipping Location – Canary Wharf Our purpose is to bring together people, energy and markets to power and navigate a changing world! In a time of constant change and possibility we need new talent to pursue commercial opportunities, fuelled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy trader. Market Risk is a key control function within the Supply & Trading Finance organization. You will be accountable for providing deep business understanding and control through the delivery of value-add analysis and reporting. This role holds the primary interface into the trading front office for a specific set of trading activity, balancing independence with a business enabling partnership. This position requires a deep understanding of the activities within Market Risk and Analytics to meet the team’s core accountability of delivering independent risk analysis and reporting. If you perform well, you can expect bp Trading & Shipping to provide best-in-class career development opportunities both commercially and within the Finance and Risk function. Opportunities and development are encouraged globally across bp. Key Accountabilities Ensure trading strategies are understood and both challenge and/or support commercial teams appropriately with independent views within a risk management framework, in line with Trading & Shipping’s Market Risk Standard and Delegation of Authority. Provide the coordination and drive for the identification of market risks within the global oil & bio markets, identifying possible solutions and support implementation of the preferred approach with the wider Commodity Risk and Technology teams. Lead the development, run, and administer risk models and advance market risk analytics. Provide explanation for changes, and interact with commercial teams to understand and challenge underlying trading strategies. Work with the Commodity Risk Analytics Network to ensure that adequate market risk discipline and control prevails in the business. Provide input into the Trading & Shipping wide market risk policies and procedures working as a commercial partner to support and challenge the business in day-to-day trading as well as long term strategic deals. Essential Education: Bachelor’s Degree (preferably in computer science, engineering, statistics, economics or similar), or equivalent experience. Essential Experience and Job Requirements: Previous Market Risk or relevant Commercial/Analytics experience; acquired working within the energy trading sector. Excellent teammate able to operate within a sophisticated and dynamic trading business, with interpersonal, communication and decision-making skills, coupled with sound commercial discernment to build credible relationships across the division. Good level of technical ability in data structures & programming languages, Python and/or SQL, and good understanding of the fundamentals of commodities trading, including familiarity with options, derivatives and other trading instruments. Curiosity and natural interest in commodities, politics, technology and regulations driving commodities markets. Understanding of how to break down economic drivers and deal valuation techniques (preferably familiar with Economic Evaluation Methodologies or M&A valuation models) supporting growth initiatives in the commercial strategy. Ability to network effectively with commercial teams and cross regions to build strong working relationships and support knowledge transfer and methodology standardisation within Market Risk across Trading & Shipping. Strong focus on delivering solutions in a timely and effective manner with minimum guidance or supervision. Why Join our team? At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others. We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits. Reinvent your career as you help our business meet the challenges of the future. Thinking about applying? Learn more about our amazing discretionary
UK reward and benefits
to help you get the most out of work and life. Travel Requirement:
No travel is expected with this role. Relocation Assistance:
Relocation may be negotiable for this role. Remote Type:
This position is a hybrid of office/remote working. Skills:
Analytical Thinking, Analytics, Commercial Acumen, Commodity Markets, Commodity Risk Management, Commodity Trading, Communication, Creativity and Innovation, Curiosity, Data Structures, Data visualization and interpretation, Energy Markets, Energy Trading, Internal control and compliance, LNG Trading, Market Risk, Market Risk Analysis, Market Risk Management, Market Risk Modeling, Power Trading, Python (Programming Language), Resilience, SQL Coding, Trade discipline and compliance. Legal Disclaimer: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us. If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
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Finance Job Family Group:
Finance Group Job Description: Market Risk Lead – Refining & Products Trading Bp Trading and Shipping Location – Canary Wharf Our purpose is to bring together people, energy and markets to power and navigate a changing world! In a time of constant change and possibility we need new talent to pursue commercial opportunities, fuelled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy trader. Market Risk is a key control function within the Supply & Trading Finance organization. You will be accountable for providing deep business understanding and control through the delivery of value-add analysis and reporting. This role holds the primary interface into the trading front office for a specific set of trading activity, balancing independence with a business enabling partnership. This position requires a deep understanding of the activities within Market Risk and Analytics to meet the team’s core accountability of delivering independent risk analysis and reporting. If you perform well, you can expect bp Trading & Shipping to provide best-in-class career development opportunities both commercially and within the Finance and Risk function. Opportunities and development are encouraged globally across bp. Key Accountabilities Ensure trading strategies are understood and both challenge and/or support commercial teams appropriately with independent views within a risk management framework, in line with Trading & Shipping’s Market Risk Standard and Delegation of Authority. Provide the coordination and drive for the identification of market risks within the global oil & bio markets, identifying possible solutions and support implementation of the preferred approach with the wider Commodity Risk and Technology teams. Lead the development, run, and administer risk models and advance market risk analytics. Provide explanation for changes, and interact with commercial teams to understand and challenge underlying trading strategies. Work with the Commodity Risk Analytics Network to ensure that adequate market risk discipline and control prevails in the business. Provide input into the Trading & Shipping wide market risk policies and procedures working as a commercial partner to support and challenge the business in day-to-day trading as well as long term strategic deals. Essential Education: Bachelor’s Degree (preferably in computer science, engineering, statistics, economics or similar), or equivalent experience. Essential Experience and Job Requirements: Previous Market Risk or relevant Commercial/Analytics experience; acquired working within the energy trading sector. Excellent teammate able to operate within a sophisticated and dynamic trading business, with interpersonal, communication and decision-making skills, coupled with sound commercial discernment to build credible relationships across the division. Good level of technical ability in data structures & programming languages, Python and/or SQL, and good understanding of the fundamentals of commodities trading, including familiarity with options, derivatives and other trading instruments. Curiosity and natural interest in commodities, politics, technology and regulations driving commodities markets. Understanding of how to break down economic drivers and deal valuation techniques (preferably familiar with Economic Evaluation Methodologies or M&A valuation models) supporting growth initiatives in the commercial strategy. Ability to network effectively with commercial teams and cross regions to build strong working relationships and support knowledge transfer and methodology standardisation within Market Risk across Trading & Shipping. Strong focus on delivering solutions in a timely and effective manner with minimum guidance or supervision. Why Join our team? At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others. We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits. Reinvent your career as you help our business meet the challenges of the future. Thinking about applying? Learn more about our amazing discretionary
UK reward and benefits
to help you get the most out of work and life. Travel Requirement:
No travel is expected with this role. Relocation Assistance:
Relocation may be negotiable for this role. Remote Type:
This position is a hybrid of office/remote working. Skills:
Analytical Thinking, Analytics, Commercial Acumen, Commodity Markets, Commodity Risk Management, Commodity Trading, Communication, Creativity and Innovation, Curiosity, Data Structures, Data visualization and interpretation, Energy Markets, Energy Trading, Internal control and compliance, LNG Trading, Market Risk, Market Risk Analysis, Market Risk Management, Market Risk Modeling, Power Trading, Python (Programming Language), Resilience, SQL Coding, Trade discipline and compliance. Legal Disclaimer: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us. If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
#J-18808-Ljbffr
Industry:
Oil and Gas
Specialties:
Upstream – Oil & Gas Exploration & Production, Subsurface
Employees:
10,001+
Annual Revenue:
$210.13b
Founded:
1909
Address:
1 St James Square, London, England, GB, SW1Y 4PD
We believe the world wants and needs a better and more balanced energy system that delivers secure, affordable and lower-carbon energy. We're playing our part by investing in today's energy system, which is mainly oil and gas – and, not or – in our transition and the energy transition. While today we’re mostly in oil and gas, we increased the proportion of our global annual investment that went into our lower carbon & other transition businesses from around 3% in 2019 to around 23% in 2023. Increasing investment in these engines is a sign that bp’s wider transformation is underway.
