Entity:
Finance
Job Family Group:
Job Description:
Join our Trading & Shipping team and advance your career as a
Product Control Lead/ Commodity Risk Lead
Commodity Risk / product control 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.
In this role You will: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.Validation and analysis of prices and curves and resolve any issue with bench analyst on a timely basis.Ensure market data integrity with reference to price series and forward curves, pricing calendars and expiry tables in the systemsEnsure accurate delivery of independent exchange-related activities, analysis of exchange trades with a lens of risks involved and accurate forecast of cash required for exchange tradingCollaborate 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 costs 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.Support monthly close activities
What You will need to be successful:
At bp, we provide the following environment & benefits to you:
bp Hungary won the Most Attractive Employer 2023 Award (SSC / BSC sector) third time in a row at PwC's annual employer research. Come and join us!
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
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.