London, United Kingdom
20 hours ago
Compliance Manager

Entity:

Strategy, Sustainability & Ventures


Job Family Group:

Ethics & Compliance Group


Job Description:

The Compliance Manager is responsible for working with the E&C team to implement an effective and consistent compliance program in relation to a particular bench or set of benches for their respective product area. The primary components of the role are to provide accurate, consistent and timely advice and guidance to the oil trading and origination business. The role will liaise with other E&C team members to ensure strong relationships and knowledge sharing across E&C.

Ket Accountabilities:

In more detail, you will have the exciting opportunity to:

Identify, assess and monitor ethics & compliance risks and requirements applicable to the trading and origination business;

Monitor trading activity on exchanges to ensure alignment with exchange rules and regulatory requirements in various jurisdictions;

Support training on regulatory and compliance requirements and bp’s policies and procedures related to trading compliance, including on all relevant financial services and market abuse regulations;

Monitor developments and proposals and assist with the planning and the implementations of changes into respective business groups;

Undertake activities in relation to the risk-based monitoring programme and ensure that record keeping supports actions taken and any recommendations made, including but not limited to:

Developing relationships/partnerships with the business and other enabling functions, establishing compliance as an enabling business partner;

Build strong working relationships with other E&C team members to ensure effective knowledge sharing and timely resolution of questions or incidents;

Provide E&C advice and oversight to the implementation of projects within the area; and

Assist the business to identify and mitigate risks involved in new business activity.

Role requirements:

Knowledge and understanding of traded products, markets and strategies, both physical and paper based trading

A background in oil products and/or trading would be a strong advantage.

Experience, knowledge and understanding of financial regulations, exchange rules, relevant laws and managing regulatory relationships.

Experience of designing and conducting compliance monitoring and surveillance activity.

Ability to demonstrate integrity, courage and sound judgement.

Ability to impact and influence at all levels of the organization.

Strong work ethic, initiative and creativity to achieve identified goals, both individually and as a team player working in a global and fast-paced environment.

Strong problem-solving skills with critical thinking ability to see the next step and follow through on operational detail.

Great communication and interpersonal skills – capable of advising on E&C matters and adopting a variety of styles to achieve the desired result and build consensus with diverse partners.

Excellent analytical and report drafting skills with attention to detail.

Ability to develop and deliver training materials

Why join us?

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. Apply now!


Travel Requirement

Up to 10% 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:

Analytical Thinking, Compliance Monitoring, Compliance Programs, Detail-Oriented, Influencing, Oil Markets, Oil Trading, Operational Compliance, Risk Compliance, Stakeholder Management, Strategic Advice, Trade Policy, 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.

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