Entity:
Trading & Shipping
Job Family Group:
Supply & Trading Group
Job Description:
We are looking for a Trading Operator to join our Trading & Shipping (T&S) team as we strive to transform and connect the global energy market.
The Oil Operations team is dedicated to managing the risk and maximising the commercial value of each individual trade through collaboration and sharing of detailed knowledge with both internal and external parties. As a result of many years hard work and dedication to BP’s core values of safety, courage, one team, respect and excellence, the team has built a reputation which identifies them as the safest and most efficient oil transporters and earned global recognition as the ‘experts in oil movement’.
Trading Operations (part of Oil Operations) is approximately 60 people responsible for providing deal management post trader execution ensuring that all contractual and operational requirements are fully met. The RPTE Trading Operations Team covers Crude, Products, Bio-Fuels, Chemicals, Marine and Base Oils; as such it plays a major part in the delivery of the targets and objectives. In support of the global trading books the team has key relationships with teams in the US and Singapore.
The Trading Operator manages the logistics of a deal to BP's best commercial advantage, ensuring that all contractual and group assurance obligations are met. Trading Operators also have a key role to play in ensuring that the front to back process runs smoothly and that valuable data and information is collected, entered and forwarded in a timely manner. This provides support to many other teams within T&S allowing effective management of the business.
RPTE strives to be recognised industry wide as the ‘Employer of Choice’.
Key accountabilities
You will be responsible for the contractual and financial performance of sales and purchase agreements. This will involve working closely with traders to maximise profits and minimise losses on trades.
Trading Operators are required to nominate oil movements and prepare all documentation instructions.
Where appropriate you will appoint Cargo Assurance and/or independent inspectors.
An essential part of the role is to monitor all liftings, maintaining awareness of demurrage implications and investigating outturn losses.
Trading Operators will recognise and understand concepts of pre-finance and work with the credit teams to administer letters of credit, where appropriate.
Individuals will develop strong working relationships with traders, third parties, associates and other T&S departments.
You will be required to enter in to the Trading Operations system of record, Operations Workbench (OWB), timely and accurate data entry of shipments and voyages.
The team actively assist in the design and development of the systems that the business will be implementing for the future benefit of T&S and you may be requested to support and test new releases to ensure the system is fit for purpose.
As part of your role you may be required to track stock positions within BP owned and third party tankage.
You will be expected to have a thorough understanding of contractual agreements as well as our commercial position with respect to third party term contracts.
Essential experience and job requirements
Trading Operators come from a wide variety of backgrounds with differing levels of experience and expertise, which is beneficial when considering the width of the role. It would be good but not essential if you already have some operational experience and some knowledge of the energy trading and shipping environment or a good knowledge of refinery operations and blending.
You should be able to demonstrate or have a consistent record encompassing the following
key foundation skills:
Strong commercial instinct
Pro-active and independent worker
Ability to work under pressure
A strong teammate
Attention to detail
Performance Bias - focus efforts and prioritise work to deliver business value
Business Awareness - take account of inter-relationships between customers, suppliers, & the organisation
Partnership and Collaboration - actively engage and respect the divers contributions of team, partners or networks
Why join us?
It’s crucial to us that the differences we see in the world around us are reflected in our workplace. Who you are is what counts, not where you’re from or how you live your life. At bp, we support our people to learn and grow in a diverse and challenging environment. 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. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!
Discover your place with us and help our business meet the challenges of the future.
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:
Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations
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.
