Entity:

Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world.

In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too!

About the team

This team is filled with technical industry specialists, personable people, who are driven and capable to address all the complexities that come with working in Retail Power industry. In addition to costing & competitiveness, the team is also responsible for various commercial growth initiatives and unique products. We are the core of wider Retail Supply department driving improvements in execution, processes, and accuracy. Given wide breadth of the team's responsibilities, we touch a lot of different functional areas, including Sales, Operations, Finance and Risk.

Key ResponsibilitiesManage and develop the retail costing process for US deregulated markets with a focus on competitiveness and business growth while mitigating key exposuresAnalyze and model cost component risks and premiumsDevelop, automate and maintain reporting of the cost components, strategies and methodologies that feed into pricing and gross margin modelsEffectively manage the regulatory rate change processTrack and understand market and state rules that impact retail costingWork closely with regulatory and compliance team when appropriateCost and support development of new product initiativesServe as a SME for other functional departments, including Pricing and Operations, in ISO component level costing and settlementsObtain quarterly sign off of all costing methodologies and prices with appropriate groupsBuild and support information library and data infrastructureServe as key SME to Sales and other customers on costing related questionsTrack and analyze competitiveness feedbackProduce market collateral to Sales, channel partners and customersPresent in customer meetings and seminars as requested by SalesDevelop knowledge and experience in all deregulated energy markets in NAOther duties and responsibilities as may arise and may be assigned by management

Experience Requirements5 year experience in a substantially similar roleBachelor's degree in Business, Economics, Statistics, quantitative Finance or EngineeringStrong understanding of the retail power pricing process, including model development Understanding of cost structures of deregulated electric markets, including capacity, transmission, ancillary services and lossesProficient in collecting, querying, organizing and analyzing complex data, evaluating information and drawing logical conclusionsPrior experience with working with ISO settlements dataAdvanced knowledge and hands-on expertise in Excel, VBA, SQL and databases.Knowledge and expertise of Power BI and Power Query are nice to have.

Leadership RequirementsShow leadership, be able to work autonomously, be resourceful and well organizedBe a self-starting individual with ability to independently lead project teams and enact business process changeWork across multi-disciplinary functionsAble to interact at all levels of the organization with easeHighly motivated, self-sufficient and enthusiastic individual who has strong desire to grow within the company

Why Join Us

At bp, 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, including a generous paid parental leave policy and excellent retirement benefits, among others!

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, 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, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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:

Agreements and negotiations, Analytical Thinking, Commercial Acumen, Commercial Business Development, Continued Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Writing 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.