Job Description:

Commodity Risk Analyst

Job Profile Summary

Commodity Risk Analyst is a key strategic control position within the Commodity Risk function and bp's Trading and Shipping Finance. The role holder serves as the primary interface for trading and supply benches, while managing the daily activities that meet the team's core responsibility of delivering independent daily exposure and P&L, and provides analytics to support business insight, including working capital and cash.

Key accountabilities

• Responsible for the creation and delivery of high quality, insightful, value added, and automated management information.

• Responsible for bringing transparency to deal structures and explaining financial impacts in operational terms.

• Independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities.

• Ensure timely validation of new business to ensure that new business deals are accurately represented in the system.

• Collaborate closely with finance, risk and front office teams to resolve any discrepancies on counterparty, pricing, volume and MTM intent.

• Validate deal level MTM, exposure and P&L.

• Accurately validate, monitor and manage ancillaries and related P&L daily including troubleshooting and resolving any related issues.

• Actively engage with global teams, ensuring proper handoffs between regions.

• Support regional and global process standardization initiatives.

About you

Ideal candidates will have a bachelor's degree or equivalent qualification or work experince in additiona to a number of years within finance, risk or similar. other similar

You will be proficient at identifying basic risk mitigation strategies and have the ability to drive commercial focus, analyze exposures and be a strategic member of our finance team. Being knowledgeable about the external environment in which the business operates and being able to assess and challenge its impact on the business risk matrix is crucial to this role. You should be able to analyze operational risk exposure and advise risk mitigation programs. Possessing programming skills and understanding energy trading markets and instruments would be highly beneficial.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging 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.

Diversity Statement:

At bp, we provide an excellent environment and 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!

Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, sexual orientation, age, marital status, veteran status or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Travel Requirement
Negligible travel should be expected with this role

Relocation Assistance:
This role is not eligible for relocation

Remote Type:
This position is a hybrid of office/remote working

Skills:
Commodity Risk, Commodity Risk Management, Commodity Trade Finance, Market Risk, Trade Control

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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.

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.