Entity:

Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

Embedded within the Oil Strategist team and operating in partnership with senior commercial stakeholders, the market strategist uses analysis of fundamentals and other price drivers to form a market view and influence risk deployment.

The market strategist can develop and run infrastructure to quantify market fundamentals and their relationship to price. They can translate this into a view and communicate insights to trading stakeholders, influencing commercial delivery. Recognized as holding relevant expertise in energy markets and quantitative methods the market strategist provides new insights through innovative analysis and is not afraid to challenge the status quo, enabling T&S to maintain its competitive edge.

Adept at developing partnerships across trading and analytics, the market strategist can develop networks that stretch cross-geography and cross-commodity. They leverage the full suite of skills and capabilities that reside within our strong multidisciplinary analytics team, connecting analysis and information. As a strategist and a subject matter expert, you will also coordinate projects at the regional and global level and ensure our regional analytical capability operates as expected.

Key accountabilities                  

Maintain and develop Asia balances for supply and demand of crude oil.

Co-develop and embed a suite of models to quantify fundamentals and the link to price movements.

Originate tradeable insights out of analysis, and work with Lead Market Strategist(s) to form and communicate market/trade views​ in order to support/challenge trading Books positions.

Understand the major moves that are occurring in the market, how they link back to trading activity and drive original analysis.

Develop effective cross-discipline partnerships within TA&I to bring the best skill sets to problems. Collaborate effectively across regions and commodity lines to create alignment and promote better connectivity.

Grow and embed technical and subject matter expertise across the business and continually develop the Analytics infrastructure and capability, including mentorship of graduates in the crude strategist team.

Essential experience and job requirements

Professional and/or academic analytical background.

Subject matter expertise in relevant commodity line and/or technical discipline.

Knowledge of relevant commodity markets, traded instruments and energy economics.

Strong attention to detail, problem-solving capability and prioritisation under pressure.

History of developing partnerships with stakeholders to deliver successful outcomes.

Functional expertise developing quantitative analytics infrastructure and modelling.

Able to communicate key themes and messages clearly and succinctly.

Desirable criteria & qualifications

Knowledge of Asian crude or oil markets including supply and demand drivers.

Understanding of the downstream oil sector, refinery processes and economics.

Understanding of the Chinese oil market.

Knowledge of upstream crude production processes and developments.

Experience of delivering tradeable insights from analysis.

Knowledge of advanced statistics, econometrics, data science and AI.

Capable using Python and other DS platforms.

Desired education             

Academic background; preferably in Economics, Engineering, Data Science or another quantitative discipline.

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 fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!

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

Travel Requirement

Some travel may be required with this role, this is negotiable

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Agility core practices, Analytical Thinking, Computational Thinking, Continued Learning, Data Analysis, Data cleansing and transformation, Data Management, Data Sourcing, Data visualization and interpretation, Dialogue enablement, Exposure Management, Machine Learning, Macroeconomics, Market analysis methods, Market Risk Management, Statistics, Trade execution and management, Trading Fundamentals, Sentiment and Trends, Trading knowledge

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.