Private Equity Associate

Job description

Segment

Corporate & Functions
Role synopsis

We are seeking a Private Equity Associate within BP Investment Management Ltd (BPIM).
BP Investment Management's principal function is managing the assets of the BP UK Pension Fund. The BP Pension Fund is one of the few UK pension funds still managed internally and its investment performance is extremely competitive compared with external specialists. Current assets under management are approximately £21bn. The team employs a number of investment professionals and its activities are regulated by the Financial Conduct Authority (FCA). The private equity portfolio is currently c10% of the fund and invested globally in over 200 funds. Core fund strategies are buyout, growth, and venture capital.

Req ID

72312BR
Location

United Kingdom - South East - London
Is this a part time position?

No
Relocation available

No
Travel required

Negligible travel
Key accountabilities

Performance monitoring of the private equity portfolio.
Assist in the analysis and research of the global fund opportunities.
Assist in the due diligence of private equity fund commitments, re-commitments and co-investments.
Lead and Assist in ad-hoc projects and preparation of presentations for the Fund Trustee client and BPIM.
Engaging with a diverse range of external fund managers through attending general partner fund manager AGMs, update meetings and meeting with prospective third party managers.

Essential Education

The candidate should be educated to degree standard.
Desirable criteria and qualifications

Preferably a holder of at least the equivalent of an IMC (Investment Management Certificate)

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. 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.

BP Treasury is a global team whose vision is to be the world's best corporate bank at the heart of a great company. Its strategic intent is to manage the funding of the Group, key financial risks, cash management, foreign exchange dealing, and interface with banks centrally, in a manner that optimizes the overall Group's position and takes full advantage of the Group's size and credit strength. Specifically, Treasury will be accountable for the application of the following: Economic Evaluation Methodology, Corporate Structuring & Internal Funding, Group Funding, Cash & Banking, Financial Risk Management, Insurance, Financial Institutions Credit Risk Management, Banking Relationships and Group Pensions Assets Management.
Application close date

07-Jan-2017
Sub-category

Investment Management
Job category

TREASURY
Countries (State/Region)

United Kingdom - South East

Desired profile

Essential experience and job requirements

The candidate will have significant financial sector experience and already gained some exposure to private equity investment, most likely at a fund of funds, advisor or equivalent investor role with experience of due diligence and monitoring of private equity fund relationships.

Partnership and Team-working – Actively contribute to the shared success of the team and to work effectively with the wider organisation including finance, compliance and legal teams.
Performance – a self-starter who is able to act pro-actively and take responsibility for key tasks and projects.
Technical – Highly numerate and IT literate individual with the capacity and willingness to learn, assimilate complex data and develop internal processes to meet changing demands of the business.
Relationship – Strong interpersonal skills to represent BP Investment Management to maintain, develop relationships with external fund managers and third party service providers.

Other Requirements (eg Travel, Location)

This role is based in Canary Wharf, London. International travel required.