Lead Market Risk - Gas & Power Trading

Entity : Finance

Job Family Group : Finance Group

Job Description :

Our finance professionals play a vital role in creating value and managing risk as we re-imagine energy. As trusted advisors, finance is transforming how the business plans and performs. Join us to be part of an expert, integrated team generating value across bp!

Market Risk is a key control position within the Supply, Trading & Shipping Finance organization. You will be accountable for providing deep business understanding and control through the delivery of value-add reporting and analysis. This role holds the primary interface into the trading front office for trading and origination activity, balancing independence with a business enabling partnership in the GPTA Gas & Power portfolio. This position requires a deep understanding of the activities within Market Risk and MI Analytics in order to meet the team's core accountability of delivering independent daily exposures, MVaR reporting and analysis.

If you perform well, you can expect bp Trading & Shipping provides world class career development opportunities both commercially and within the Finance and Risk function. Opportunities and development can be encouraged globally across to bp broaden experience.

Key Accountabilities

In this role you will ensure trading strategies are understood and both challenge and / or support Front Office appropriately with independent views within a risk management framework and in line with T&S's Market Risk Standard and Delegation of Authority

You will provide the coordination / drive for the identification of market risk issues within Product markets, identifying possible solutions and support implementation of the preferred approach with Commodity Risk and I&E

Run and administer risk models and lead the development of market risk analytics. Provide explanation for risks across the global portfolio, and interact with Front-Office to understand and challenge underlying trading strategies

Work with the global Market Risk teams to ensure that adequate market risk discipline and control prevails in the business

Provide input into the definition of T&S 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

Required Education and Experience

Bachelor's Degree (preferably in Science), or equivalent experience.

Previous Market Risk or relevant Front Office / Analytics experience; acquired working either within bp or within the energy trading sector.

You are a great teammate able to operate within a sophisticated and multifaceted trading business. In addition, you have the interpersonal, communication and decision-making skills, coupled with sound commercial discernment to build credible relationships across T&S.

Proven experience in evaluating sophisticated deals linked to commercial strategy. You will have a good understanding of economic drivers and deal valuation techniques (preferably an understanding of EEM (or M&A valuation models)

You should have a strong level of technical ability in Excel & programming languages, preferably Python and / or Excel VBA good understanding of the fundamentals of commodities trading, including familiarity with options, derivatives and other trading instruments.

Ability to network effectively with other desks and cross regions to build strong working relationships and support knowledge transfer to promote standard methodology within Market Risk across T&S.

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 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.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, 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 or interview process, perform crucial job functions, and receive other benefits and privileges of employment. Don't hesitate to get in touch with us to request any accommodations.

Travel Requirement

No travel is 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 :

Analytical Thinking, Business Acumen, Collaboration, Commodity Risk Management, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Problem Solving, Resilience, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading Fundamentals, Trading knowledge, Trading risk controls

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.