Confirms Analyst

Job description

Role synopsis

The role of the Contracts & Confirmations team is to drive overall consistency at a global level while still allowing for regional variation that may be required due to specific country laws or regional specific industry practice.

Req ID

84713BR
Location

Hungary - Central - Budapest
Is this a part time position?

No
Relocation available

No
Travel required

Negligible travel
Key accountabilities

·  Accountable for the accurate preparation of confirmations for standard paper and forward deals.
·  Accountable for ensuring contracts result in minimum overall exposure for IST and that there is a match between our confirmations and our trade capture system and 3 rd party confirmations.
·  Accountable for checking and confirming the accuracy of third party and/or broker confirmations of trades, in a timely manner.
·  Timely response or escalation of issues or concerns related to compliance, commercial or Regulatory exposure.
·  In conjunction with Team Lead, accountable for the provision of accurate and timely KPI measures.
·  Develop and maintain robust Front Office and stakeholder relationships, including Credit, and Legal in particular.
·  Participate in and support ad hoc projects as required.
·  Take active part in any Contracts and Confirmations related cross functional projects.
·  Liaise with other teams to ensure smooth operations.
·  Ensure that all CET control requirements are met.
About BP

Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. With a workforce of 80,000 employees, BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

The Finance Function fulfills three key activities: to report financial and operational results, both internally and externally, with independence and integrity; to support business performance management and planning processes by using consistent data collection and reporting processes; and to integrate financial and commercial processes to enable end to end optimization. Finance also supports the development of annual and long term plans, strategies and performance management processes as well as provides economic analysis and Group Investment Assurance and Approval Process (GIAAP) support for business opportunities, investments and other specific projects as needed.
Application close date

18-Nov-2017
Sub-category

Accounting Services
Job category

Finance
Countries (State/Region)

Hungary
Essential experience and job requirements

·  More than 2 years' experience in Finance area
·  Good technical skills
·  Knowledge of standard financial trading instruments
·  Ability to be accurate with good attention to detail
·  Ability to prioritize work and be organized, to multi-task, to work under pressure and comply with strict SLA's
·  Ability to understand the end-to-end processes and how actions may impact them.
·  Ability to understand the flow of data between systems and how changes may impact the business
·  Self-confident appearance in relations to the internal contacts
Other Requirements (eg Travel, Location)

N/A

Desired profile

Essential Education

·  Relevant finance or legal degree
·  Fluency in English
Desirable criteria and qualifications

·  Language and interpersonal skills with particular focus on client responsiveness
·  Good level of analytical skills, numeracy and financial awareness
·  Customer- and service-oriented thinking,
·  Readiness for action and ability to work under pressure,
·  Self confident appearance in relations to the internal and outside world
·  Strong communication and cooperation skills
·  Assertiveness
·  People management experience