* Location: United Kingdom - London
* Travel required: No travel is expected with this role
* Job category: Finance Group
* Relocation available: Relocation may be negotiable for this role
Location – Canary Wharf
Our purpose is to bring together people, energy and markets to power and navigate a changing world!
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 challenge and/or support commercial teams appropriately within a risk management framework, in line with Trading & Shipping’s Market Risk Standard and Delegation of Authority.
* Coordinate and drive the identification of market risks within the global oil & bio markets, identify 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 and 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 within the energy trading sector.
* Excellent teamwork and interpersonal, communication, and decision-making skills, with sound commercial discernment to build credible relationships across the division.
* Good technical ability in data structures & programming languages, Python and/or SQL, and understanding of commodities trading fundamentals, including options, derivatives, and other trading instruments.
* Curiosity and natural interest in commodities, politics, technology, and regulations driving commodities markets.
* Understanding of 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 standardization 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, 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 and are committed to crafting an inclusive environment in which everyone is respected and treated fairly.
Reinvent your career as you help our business meet the challenges of the future.
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