Credit Data & Analytics Lead

Job summary

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Our finance professionals play a vital role in bringing value and managing risk as we reimagine energy. As trusted advisors, finance is redefining how the business plans and performs. Join us to be part of an expert, integrated team generating value across bp!

As a Lead- Credit Data & Analytic you will become an active member of the extended global Credit team within bp’s Trading & Shipping business. Your key focus will be to help develop quantitative models and reporting tools and will be given an opportunity to play a key role on a challenging high profile multi-million-dollar systems roadmap. You will be at the cutting edge of data exploration activities in order to help drive efficiencies via automated tools, provide valuable insights as well as solve business problems using data.

Key Accountabilities:

Specific accountabilities will include but not be limited to the following:

Credit Model design, development, testing, calibration and maintenance including PFE, Stress Testing, Default Probabilities, LGD Frameworks plus Credit pricing models, scoring models. CVA and Credit VaR.

Manage, optimize and maintain ownership of core credit data, analysing large data set’s and producing reports for senior management to show trends, risk concentrations and broader portfolio risks.

Analyze, visualize and articulate insights from portfolio level metrics and data to key partners.

Build algorithms and design experiments to merge, manage, interrogate and extract data to supply tailored reports to Credit function, bp Senior Leadership Team, the wider organisation, auditors and regulators.

Develop Credit MI, metrics, dashboards and decision tools in order to gain accurate and timely insight into bp’s Credit Risk drivers.

Leverage a wide variety of mathematical and computer science methods and tools including PowerBI, Python , Structured Query Language (SQL), mathematical finance/ programming and statistics and probability

Support various technology and systems initiatives, including automation, data integrity, data integration, new systems/tools.

Develop strong understanding of bp Credit Risk frameworks as well as acquire strong commercial awareness.

Maintain clear and coherent communication, both verbal and written, to understand data needs and report results. Engage with key potential partners to articulate the benefits of a data-driven approach.

Remain up to date with the latest technology, techniques and methods.

Required:

Strong academic background including at least a Bachelor's degree or equivalent in a quantitative field (Quantitative Finance, Economics, Mathematics, Engineering, or Statistics preferred).

Prior experience in a quantitative role.

Experience in any of the following software development environments: Python / VBA / SQL / PowerBI.

Effective listening skills in order to understand business requirements.

Team-working skills and a collaborative approach to sharing ideas and finding solutions.

Drive and resilience to try new ideas.

Comfort working with ambiguity, framing and solving problems in an iterative manner.

Ability to deliver effectively against BP’s values and expectations against near and long-term objectives.

Positive demeanor and curious mind.

Desirable:

Prior experience in financial risk management

Strong experience in Credit related models with evidence of designing, developing and implementation of such models

Knowledge of Probability of Default (PD) / Loss Given Default (LGD) / Exposure at Default (EAD)/ PFE modelling

Demonstrated ability to interpret complex business scenarios and produce accurate analysis and MI/Data solutions under pressure.

Prior exposure to energy commodity trading, credit risk/quant roles 10 years +.

Experience with using Dataiku or DataBricks platforms.

Join Our Team!

At bp, we provide an excellent working environment and employee benefits such as a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.

We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

How much do we pay (Base)? ($120,000 - 222,000 USD Annual) *Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

This position is eligible for US Benefits – Core. This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours[LC1] of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at Core U.S. Benefits. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more by visiting Core U.S. Benefits.

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits include a pension for eligible employee[LC2] . You may learn more about our generous benefits at Core U.S. Benefits.

As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability. You may learn more about our generous benefits at Core U.S. Benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, 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. Don’t hesitate to get in touch with us to request any accommodations.

Travel Requirement

Negligible travel should be 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, Commercial Acumen, Commodity Risk Management, Communication, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Group Problem Solving, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Resilience, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading knowledge

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.