Senior Analyst Commodity Risk

Job category

Finance

Experience level

Intermediate

Relocation available

This role is not eligible for relocation

Job type

Professionals

Travel required

Negligible travel should be expected with this role

Job code

RQ109176

The Senior Commodity Risk Analyst is a strategic support position within the Commodity Risk function and bp’s Trading and Shipping Finance. You will work with cross functional teams to develop solutions that drive continuous improvement and innovation across our commodity risk management teams. Areas of focus include interfaces with trading and supply benches, exposure and P&L reporting, and analytics to support business insights, including working capital and cash. This role will be based out of our Chicago, IL office.

Key Accountabilities

- Development of high quality, insightful, value added and automated management information.

- Work closely with managers and analysts to understand and clarify requirements.

- Identify/evaluate/recommend and implement digital applications/tools/solutions that can be leveraged by our commodity risk teams.

- Identification, development, and/or implementation of tools, templates, and accelerators for ensuring timely validation of deal blotters and business summaries from the front office, price curves, deal level MTM, exposure and P&L.

- Be a superuser for bp’s trading and risk management systems.

- Support regional and global process standardization initiatives. Work collaboratively with Global Finance and Risk team to follow standards and best practices for CI development.

- Work with cross functional teams (i.e., front, middle, back office, information technology, operational excellence & transformation) to deliver continuous improvement and innovation initiatives.

About You

Ideal candidates will have a bachelor’s degree with finance, risk or other proven technical experience. You will have a good understanding of commodity risk management principles and practices. You should be proficient in digital tools/languages such as PowerBI, Microsoft Office, VBA, Python, SQL, Power Automate, SharePoint, Trading & Risk Systems.

Why join us

At bp, we support our people to learn and grow in a diverse and ambitious 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 ( https://exploreyourbenefits.com/landing.html) to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

How much do we pay (Base)? $93,300 - $173,300 *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 offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full times 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 benefits@bp. 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 at benefits@bp.

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 may include a pension for eligible employees. You may learn more about our generous benefits at benefits@bp.

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 benefits@bp.

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.

Our innovative Energize recognition points programme and spot awards translate exceptional performance into tangible rewards, to motivate our high performers.

Pay

bp offers competitive pay in line with industry standards, making us an employer of choice.

Discretionary bonus

We offer discretionary bonuses to reward strong company, business unit and individual performance, and recognition awards, including those related to long service to recognize commitment to the company.

Retirement & savings

We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security.

Insurance benefits

To give you additional peace of mind, bp provides valuable insurance benefits in some countries. These are designed to provide financial assistance to employees and their families if employees become unwell or die in service.

Equity

Depending on your location and job level, there may be equity (stock and share) options you are eligible to join so you can be part of bp’s success.

Disclaimer

This is a high-level summary only of terms and current discretionary benefits applicable to certain roles. Some rewards, benefits and policies are at managers’ discretion and vary depending on where you work within the business. All terms subject to contract and all discretionary benefits subject to policy and eligibility.