Supply Portfolio Manager

LocationHouston, TX

About This Job


Job summary


Entity:


Supply, Trading & Shipping


Job Family Group:


Supply & Trading Group


Job Description:


About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world.

In a time of constant change and possibility we need new talent to pursue commercial opportunities, motivated by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy trader!


Job Summary

The Supply Portfolio Manager will participate in the portfolio management and profitability analysis of the Commercial & Industrial retail electricity portfolio. This individual will manage the analytics team supporting value driven initiatives across the supply organization. This individual will identify opportunities and work with affiliate business units and functional groups to develop and deploy innovative solutions that leverage market analysis, advanced analytics and technical acumen.


Main Responsibilities

Manage small team of analysts supporting analytic initiatives across the retail supply organization.

Build and support models for optimization analysis, managing risk exposure and hedging strategies for retail portfolio

Backup support for retail supply traders. Provide market access, price discovery and trade execution in approved products for internal and external clients in cash and term markets

Book energy and non-energy trades consisting of a variety of standard and non-standard products in the ETRM

Lead development of hedging strategies across all ISOs. Back-test trading strategies to evaluate efficiency, explain forecasted load deviations and exposures in prompt and cash month

Support the retail load forecasting process by further developing associated exposure reporting and stress testing to advance the needs of the retail supply traders


Lead variance explanations during actualization process

Understand and align with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory body or exchange


Requirements & Qualifications:

Bachelor degree required in a quantitative field such as math, statistics, economics, quantitative finance or engineering

Minimum 6-8 years of experience in an analytical or commercially focused role

Retail supply experience or similar commercial experience required

Solid understanding of ISO markets, the electric power grid and marketplace

High level of proficiency in Excel VBA and SQL required, python highly preferred


Analytical skills required for risk assessment


Experience with ETRM systems preferred

Strong individual contributor with consultative style and aptitude for collaboration and teamwork

Skilled at working across multi-disciplinary functions and departments

Proficient in collecting, querying, visualizing, prioritizing and analyzing complex data, evaluating information and drawing logical conclusions


Experience managing and developing junior team members

Comfortability with presenting complex strategies and ideas to Senior Leadership


Why join us

At bp, 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, including a generous paid parental leave policy and excellent retirement benefits, among others!

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, 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, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Travel Requirement

Negligible travel should be expected with this role


Relocation Assistance:


Relocation may be negotiable for this role


Remote Type:

This position is a hybrid of office/remote working


Skills:

Agreements and negotiations, Analytical Thinking, Commercial Acumen, Commercial Business Development, Continued Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Writing skills


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.

Trending Jobs

company-logo

Assistant General Manager, Navy Yard Electric Utility

Job TypeFull-time
Salary
$108000 - $108000
Philadelphia, Pennsylvania
16 days ago
company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, Pennsylvania
3 months ago
company-logo

Accounts Payable Clerk

Job TypeFull-time
Salary
$65000 - $65000
Dallas, Texas
17 days ago
DM

Apprentice Lineman

Delta Montrose Electric Association
Job TypeFull-time
 
Montrose, CO
21 days ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull-time
 
Houston, Texas
about 1 year ago
company-logo

Apprentice Lineman I

San Patricio Electric Cooperative, Inc.
Job TypeFull-time
 
Sinton, TX
29 days ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Lafayette, Louisiana
3 months ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull-time
 
Dallas, Texas
about 1 month ago
HM

Lineworker Apprentice I

Henderson Municipal Power & Light
Job TypeFull-time
 
Henderson, KY
25 days ago
company-logo

Division Order Analyst

Job TypeFull-time
 
Dallas, Texas
7 days ago
company-logo

Associate Attorney

Buffalo Biodiesel Inc.
Job TypeFull-time
 
Buffalo, NY
28 days ago
company-logo

Foundry Professionals

Penticton Foundry
Job TypeFull-time
 
British Columbia, Canada
9 days ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull-time
 
Austin, Texas
about 1 month ago
company-logo

Apprentice Lineman

Southern Pine Electric
Job TypeFull-time
 
Brandon, MS
22 days ago
company-logo

Contracts Administrator

Third Coast
Job TypeFull-time
Salary
$70000 - $85000
Houston, Texas
21 days ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull-time
Salary
$45 - $60
Canonsburg, Pennsylvania
3 months ago
company-logo

Facilities and Equipment Technician II / III - Oconee Nuclear Station

Duke Energy Corporation
Job TypeFull-time
 
Seneca, SC
about 1 month ago
company-logo

Deckhand

Ballard Marine Construction
Job TypeFull-time
 
Bradenton, FL
11 days ago
PS

Screen Printing Operator

Providence screen printing
Job TypePart-time
Salary
$39520 - $41600
East Providence, RI
16 days ago
company-logo

Operator Assistant Trainee - Frac Acid

Halliburton
Job TypeFull-time
 
Zanesville, OH
25 days ago