BP

Compliance Advisor

BP$101K — $187K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Relevant University degree or equivalent experience
  • Knowledge of traded products and markets, both physical and paper-based
  • Experience in oil products or trading is advantageous
  • Demonstrated knowledge of US exchange rules and CFTC regulatory reporting
  • Experience in compliance monitoring and surveillance activities
  • Strong communication, analytical, and report drafting skills
  • Proven ability to influence across all organizational levels

Responsibilities

  • Identify and assess ethical compliance risks for trading activities
  • Monitor trading to ensure compliance with exchange rules and regulations
  • Support compliance training regarding policies and financial regulations
  • Assist in planning and implementing changes to compliance requirements
  • Develop relationships with business units to establish effective partnerships
  • Provide E&C advice for project implementation within the sector
  • Help identify and mitigate risks associated with new business activities

Benefits

  • Flexible working options
  • Generous paid parental leave policy
  • Excellent retirement benefits including 401k matching
  • Paid vacation ranging from 120 to 240 hours per year based on experience
  • Access to health, vision, and dental insurance
  • Life insurance and Short-Term/Long-Term Disability benefits
  • Opportunity for discretionary annual bonus and long-term incentives
Full Job Description

Job Family Group:

Ethics & Compliance Group


Job Description:

The Ethics and Compliance (E&C) Advisor is responsible for working with the E&C team to implement an effective and consistent compliance program in relation to a particular bench or set of benches for their respective product area. The primary components of the role are to provide accurate, consistent and timely advice and guidance to the oil/products trading and origination business. The role will liaise with other E&C team members to ensure strong relationships and knowledge sharing across E&C. The Compliance Advisor is responsible for working with the E&C leadership to implement an effective and consistent E&C program in relation to a particular bench or set of benches for their respective product area. The primary components of the role are to provide accurate, consistent, and timely advice and guidance to the business. The role will liaise with other Compliance team members to ensure strong relationships and knowledge sharing across E&C.

In more detail, you will have the exciting opportunity to:

  • Identify, assess, monitor ethical compliance risks and requirements applicable to the trading and origination business;
  • Monitor trading activity on exchanges to ensure alignment with Exchange rules and regulatory requirements in various jurisdictions
  • Support training on regulatory and compliance requirements and bp’s policies and procedures related to trading compliance, including on all relevant financial services and market abuse regulations;
  • Monitor developments and proposals and assist with the planning and the implementations of changes into respective business groups;
  • Support activities in relation to the risk-based monitoring programme and ensure that record keeping supports actions taken and any recommendations made, including but not limited to:
    • Developing relationships/partnerships with the business and other enabling functions, establishing compliance as an enabling business partner;
    • Build strong working relationships with other E&C team members to ensure effective knowledge sharing and timely resolution of questions or incidents;
    • Provide E&C advice and oversight to the implementation of projects within the area; and
    • Assist the business to identify and mitigate risks involved in new business activity.

About you:

You will have a relevant University degree or equivalent working experience.
It would also be essential that you have:

  • Knowledge and understanding of traded products, markets and strategies, both physical and paper based trading
  • A background in oil products and/or trading would be a strong advantage.
  • Demonstrated knowledge of US exchange rules and CFTC regulatory reporting rules

  • Experience of designing and conducting compliance monitoring and surveillance activity.
  • Ability to demonstrate integrity, courage and sound judgement.
  • Ability to impact and influence at all levels of the organization.
  • Strong work ethic, initiative and creativity to achieve identified goals, both individually and as a team player working in a global and fast-paced environment.
  • Strong problem-solving skills with critical thinking ability to see the next step and follow through on operational detail.
  • Great communication and interpersonal skills – capable of advising on E&C matters and adopting a variety of styles to achieve the desired result and build consensus with diverse partners.
  • Excellent analytical and report drafting skills with attention to detail.
  • Ability to develop and deliver training materials

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 ( ) 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!

How much do we pay (Base)? $101,000 - $187,000 *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[redacted]. 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[redacted].

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[redacted].

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[redacted].


Travel Requirement:

Up to 10% 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:

Agility core practices, Analytical Thinking, Communication, Conflict Management, Consulting, Courage, Data Analysis, Decision Making, economies and structures, Employee and labour relations (Inactive), Ethical judgement, Global Perspective, Global trend analysis across society, Influencing, Intelligence writing and briefing, Issues and Policy Management (Inactive), Knowledge Sharing, Legal and regulatory analysis, Presenting, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic Thinking, Writing skills

About BP

BP p.l.c. is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading. BP's origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum. In 1959, the company expanded beyond the Middle East to Alaska. British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000 and Aral AG in 2002. The company's name was shortened to BP p.l.c. in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint venture in Russia, and from 2013 until Russia's 2022 invasion of Ukraine, held a nearly 20% stake in Rosneft.
Learn more about BP
Size
65,900 employees
Market Cap
$104.4 billion
Industry
Net Income
-$20.3 billion
Founded
1909
5 Year Trend
-2.9%
Revenue
$180.3 billion
NASDAQ

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