Entity
Finance
Job Family Group
Finance Group
Job Description
BP delivers energy products and services that people around the world need. Our Upstream segment is responsible for oil and natural gas exploration, field development and production. Our Downstream segment is focused on the refining and marketing of fuels, lubricants and petrochemicals. Our commitment to building a stronger, more sustainable energy future is matched by our commitment to the people who will make it a reality
Our supply and trading business, Trading & Shipping (T&S), connects BP to the world's traded markets for oil, gas, power, refinery feedstocks and currencies. We market BP's equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.
At FBT we're a highly skilled and diverse team of 5,000 professionals, based in locations globally. Priding ourselves on excellent partnership, since the KL center opened our people have driven this part of the organization to become an excellent regional Asian business service center.
Let Me Tell You About The Role
T&S implements trades with external supply customers globally. The role of the T&S Contracts Team is to perform day-to-day control and administration of physical and low carbon trading contracts, tenders and general terms and conditions. This requires practical and application experience in contracting of commodities, extensive knowledge and understanding of contracts and legal terms, contracting strategy preparation, coupled with a strong commercial orientation and communication skills. Contracts can be high in value and with complex terms and conditions, requiring efficient problem-solving skills. The Contracts Lead Analyst will be the key liaison with third parties, traders, marketers, originators, legal and other key partners as appropriate in order to fulfil the responsibilities.
What You Will Deliver
Team Leadership and Stakeholder Engagement
- Provide guidance, support, training and mentoring to Contracts team members.
- Work with the Team Lead/Manager to identify key partners, build effective relationships and maintain strong customer focus.
- Ensure a consistently high level of professionalism, technical expertise and service delivery across the team.
Contract Management and Execution
- Supervise and monitor controls relating to the creation of contracts for trading transactions and the management of electronic confirmation matching processes and systems.
- Be accountable for the accurate preparation of complex deal contracts, ensuring timely execution and liaising with Legal, Regional Contracts and other partners as required.
- Ensure incoming contracts are reviewed and matched accurately, with timely responses or escalation of issues relating to compliance, commercial or credit exposure.
Performance, Process Improvement and Projects
- Understand the team's business performance expectations and be accountable for measuring and reporting Key performance indicators within the area of responsibility.
- Develop new and innovative approaches where structured frameworks or standard contracts are not applicable and improve the efficiency of Contracts-related processes.
- Lead or participate in projects as appropriate.
Controls, Compliance and Assurance
- Understand the importance of controls and the obligation to report control deficiencies, including fraud, potential control failures and failures of internal controls relevant to the Control Process.
- Apply a detailed understanding of business/function internal controls by translating the Control Framework, internal control policies, standards and associated procedures at team level.
- Handle deviations and exceptions, escalating significant control breakdowns and any incipient or improper accounting as required.
- Ensure all SNOW sub-process control requirements are met and actioned appropriately.
- Ensure processes are clearly documented, maintained and understood by team members.
- Support Trading and Shipping audit and data retention requirements.
What you will need to be successful (experience and qualifications)
- Degree in Legal Studies or a related discipline, or an equivalent qualification, with at least five years relevant corporate experience, including a minimum of two years in a Contracts Analyst role and/or energy trading environment.
- Strong expertise in global contract drafting, negotiation, execution and management.
- Good understanding of commodity trading and the oil and gas industry.
- Familiarity with Incoterms and shipping terminology.
Essential Criteria
- Fluent written and spoken English.
- Strong attention to detail and analytical capability.
- Sound contractual and commercial risk awareness.
- High standards of work ethics and professionalism.
- Excellent problem-solving, communication and interpersonal skills.
- Ability to work effectively in a team within a fast-paced environment.
- Proactive and able to perform well under pressure.
- Confident in engaging with internal stakeholders.
- Working knowledge of change management principles.
- Ability to coach and support others.
- Commitment to business controls, including the confidence to speak up when required.
- Functional understanding of contract register systems and standard Microsoft Office applications.
At bp, we provide the following environment and benefits to you !
- A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued
- Possibility to join our social communities and networks
- Learning opportunities and other development opportunities to craft your career path
- Life and health insurance, medical care package
- And many other benefits!
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, 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, perform crucial job functions, and receive other benefits and privileges of employment.
Travel Requirement
No travel is 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
Analytical Thinking, Business process improvement, Communication, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Group Problem Solving, Internal control and compliance, Resilience, Thought Leadership, Trading knowledge
Legal Disclaimer
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.
