Entity:
Supply, Trading & Shipping
Job Family Group:
Supply & Trading Group
Job Description:
About the role
The Analytics & Insights team is responsible for providing analysis of Oil, Gas, Power and Emissions markets to the trading and origination teams within Trading & Shipping. Analysis performed by the team provides commercial value by keeping traders, originators, and management informed of underlying views that affect the markets as well as a toolkit to quantify these views and their price discovery.
The role resides in the Gas and Power Strategist team, part of the Trading Analytics & Insights business unit. One of the core elements of this team is to identify changes in supply and demand fundamentals within different regions of the market and communicate the likely impact on prices to the trading and origination teams. This key role will work alongside the bench to provide such analysis in service of creating models, foundational views and trading strategies in line with changing market dynamics. Analysis performed by the individual and team will have a direct linkage to commercial value creation and assist in keeping traders, originators, and management informed of underlying fundamental views that affect the markets.
This Lead Market Strategist role will support our North American power team based in New York and Houston.
The Lead Strategist will be tasked with orchestrating the delivery of the Market Strategists to support the trading and origination teams they work with. This will involve setting goals, people management, performance management, collaborator management, customer engagement and ensuring commercial alignment with the stakeholders. The role will also involve coordinating activities with the Gas, LNG and Carbon strategists and ensuring efficient information sharing and commercial leverage of cross commodity opportunities where appropriate. Some level of direct involvement with creating commercial views, contributing to toolkit development and coverage of gaps on the team will be required.
Applicants should have expertise experience with North American power markets and their analysis with a track record of delivering data, analysis and statistical models in a commercial environment.
Job Responsibilities
- Lead a team of Market Strategists to support the North American Power team
- Orchestrate the delivery of fundamental analysis and decision support to the collaborators
- Orchestrate the continued evolution of the toolkit used to analyze power in these markets
- Ensure alignment between the work of the Market Strategists and the objectives of the commercial partners
- Manage the stakeholder relationship to ensure clear feedback and communication between the Strategists and the stakeholders
- Maintain two-way information flow between strategists across commodities and disciplines, ensuring areas of overlap are aligned
- Communicate key insights and commercial opportunities clearly and persuasively to a variety of interested parties
- Provide ad-hoc support to the trading team, origination team, and the wider bp group
Job Qualifications
- Bachelor’s degree or equivalent experience in quantitative, economics, statistical, mathematical, engineering or similar field
- Expertise with North American power markets as either a trader or an analyst working on a trading/origination team
- Extensive experience with the fundamentals that drive power and related markets, including familiarity with gas and carbon markets and fundamentals
- Proven track record of developing and delivering tradeable insights from analysis
- Consistent record of developing partnerships with senior commercial partners to deliver successful trading outcomes
- Able to communicate key themes and messages clearly and succinctly
- Experience developing, interpreting and improving models to analyze and report power markets
- Experience working with Python, SQL, and Excel etc. in a professional setting
- Prior experience as a team lead or line manager is desirable
How much do we pay (Base)?($196,400 – $300,000)
*Please note the pay range listed for this position is a good faith and reasonable estimate of the base pay range for this position at the time of posting. You may learn more about our generous benefits here .
Travel Requirement
Up to 25% 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, Computational Thinking, Continuous Learning, Data Analysis, Data cleansing and transformation, Data Management, Data Sourcing, Data visualization and interpretation, Dialogue enablement, Exposure Management, Machine Learning (ML), Macroeconomics, Market analysis methods, Market Risk Management, Sentiment and Trends, Statistics, Trade execution and management, Trading Fundamentals, Trading knowledge
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