Trade Finance & Credit Analyst

Job description

Segment

Integrated Supply & Trading
Role synopsis

This role sits within the Credit Portfolio & Structured Trade Finance teams within BP's supply and trading business and is an excellent entry role into the IST Credit team. The role is responsible for preparing IST & Group-level credit risk reports and analytics - helping to inform credit risk management strategies. The role also facilitates business growth by partnering with strategic credit, trading and origination teams to manage credit risk and working capital through receivable discounting, bank guarantees and trade credit insurance.

This role sits within a small global team providing support across an oil and gas multi-commodity supply and trading organization operating worldwide.

Req ID

72617BR
Location

London
Is this a part time position?

No
Relocation available

No
Travel required

Negligible travel
Key accountabilities

• Execute receivable discounting to manage credit risk and/or working capital
• Book risk cover with banks and/or insurers as directed by strategic credit team for effective risk mitigation. Ensure cover remains valid by behaviour as a prudent uninsured. Own the process, documentation, and communication internally and externally.
• Manage the reporting and analysis of Group & IST credit exposures, including development of new data visualization tools as required. Including weekly and monthly dashboards and reporting presentations for credit globally and Finance and Risk Leadership
• Credit portfolio analytics, modelling and stress-testing, working with Strategic Credit and Global Credit Research to provide portfolio and counterparty Management Information
• Maintenance of market-driven credit curves and transaction pricing tools e.g. PFE & CDS.
• Oversee and manage credit portfolio management pricing systems and data feeds
• Contribute to the development, implementation and socialisation of methodologies and tools, working with IT and RAD teams
• Effective partnership across multiple business segments and regions
• Other support as needed by global and local credit teams from time to time

Essential Education

Degree qualified
Desirable criteria and qualifications

• Credit portfolio / credit markets analytics experience a potential plus
• Deep familiarity with IST transactional data and systems a potential plus
• Foreign language proficiency a potential plus

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.

Integrated Supply & Trading (IST) is BP's face to the traded markets for BP in oil, gas, power, chemicals and finance. IST's role is to enhance Group value through distinctive supply, commodity trading, risk management and information technology skills underpinned by a world class finance, control and compliance infrastructure. IST has a dynamic and highly skilled workforce, which creates value by combining analysis and commercial innovation with the material asset base of BP.

IST Finance operates in support of IST's strategic objectives, helping it to achieve its aim of being the world's pre-eminent energy trader, in a controlled and compliant way. IST Finance is an integral function within BP's global oil and gas trading and supply activities. It is accountable for short term planning and for all financial and middle office control and reporting activities. It also ensures consistency and monitors compliance in processes and Operating Standards. IST Finance operates around 3 Global processes: Accounting & Reporting, Trade Completion and Product Control and operates seamlessly with the Risk function to support the business.

IST fosters a diverse and inclusive workplace for all employees. We are proud of our stance on fairness, equal opportunity and meritocracy, which focuses on all of our employees reaching their full potential.
Application close date

06/19/2016
Sub-category

Credit Risk
Job category

Finance
Countries (State/Region)

United Kingdom - South East
Disclaimer

If you are selected for a position in the United States, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test (and alcohol screening/medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process. The drug screen requires a hair test for which BP must be able to obtain a sufficient hair sample for analysis (~4 cm/1 ½” scalp, or > 2 cm/¾” body – arms & armpits/legs/chest).

BP is an equal employment opportunity and affirmative action employer. View ourpolicy statement .

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

If you are a US-based applicant or you are applying to a position in the US and you are an individual with disability or a disabled veteran, and would like any type of assistance to apply or to access or to attend any recruitment or selection event, system or process, we would like to help you to ensure that your application process goes as smoothly as possible. If you need assistance, information, or answers to your questions, feel free to contact us or have any of your representatives contact us at BP US Application ************@*******.** ,Telephone: 281.366.1999.

Read theEqual Employment Opportunity is the Law poster for more information about Equal Employment Opportunities. (Spanish version )

An equal opportunity employer/disability/vet.

Desired profile

Essential experience and job requirements

• Self-directed high performer with a relentless attention to detail and rigorous execution
• Excellent communication skills (oral and written)
• Adept at building and maintaining strong, cooperative working relationships across various levels organizational levels – both internally and with key external partners and counterparties
• Comfort level in working autonomously, sometimes under pressure and fast-paced circumstances, and often times with limited information and a fair degree of ambiguity
• Ability to contribute to the operational implementation and articulation of methodologies, and have an understanding of quantitative models and portfolio tools
• High degree of capability and comfort working with large volumes of data in Excel, Business Objects, Tableau or similar tools, including the integration of data across multiple spreadsheets and databases
• Strong proficiency in building charts, graphs and dashboards, and in leveraging new data visualization tools, to effectively convey the story within the data to a broader audience

Other Requirements (eg Travel, Location)

There are no additional requirements.
Eligibility Requirements

If you are applying for a position in the United States, you must be at least 18 years of age, legally authorized to work in the United States; and not require sponsorship for employment visa status (e.g., TN, H1B status), now or in the future.
Level

Level H