BP

Trading Operations Technical Lead

BP$123K — $228K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Subject Matter Expert in trading operations with expertise in multiple Methods of Trade (MOTs) preferred
  • Strong understanding of risk, compliance, Health, Safety, Security and Environment (HSSE) and Shipping requirements
  • Demonstrated history of delivering commercial value in a trading environment
  • Effective leadership and communication skills with a track record of team motivation
  • Proficient in negotiation, strategic formulation, and implementation
  • Ability to achieve operational and business objectives through resource management and planning
  • Strong attention to operational detail and willingness to proactively address issues

Responsibilities

  • Build and enhance the operational skills of team members through training and mentorship
  • Manage daily operations and complex scenarios in alignment with bench strategy
  • Facilitate cross-bench training to enhance overall operational capability
  • Lead operational input for new business activities in collaboration with front office teams
  • Coordinate with support functions for operational efficiency
  • Report operational incidents and conduct root cause analysis as necessary
  • Provide technical support that aligns with trading strategy to maximize financial outcomes
  • Participate in continuous improvement and digital transformation initiatives within operations
  • Contribute to the Operations Framework for effective risk management
  • Drive positive results in the Operations Pulse Survey as part of the leadership team

Benefits

  • Generous paid vacation policy ranging from 120 to 240 hours per year
  • Eligibility for up to 9 paid holidays annually plus 2 personal choice holidays
  • Paid parental leave of up to 8 weeks for childbirth or adoption
  • Performance-based discretionary annual bonuses and long-term incentive programs
  • Comprehensive retirement benefits including a 401k matching program and pension plan
  • Access to health, vision, and dental insurance as well as life and disability coverage
  • Hybrid work arrangement with negligible travel required
Full Job Description
Entity:
Supply, Trading & Shipping

Job Family Group:
Supply & Trading Group

Job Description:

About the role

The trading teams in ST&S RPTA are one of three regional Performance Units in ST&S and are primarily responsible for marketing BP's Exploration production throughout the region, sourcing crude for our refineries, trading on behalf of our associates and for supporting our refinery assets to maximize commercial performance. Operations are a vital part of Supply and Trading. In RPTA this covers physical, paper and refinery coordination elements of operations across a large geographical region and deals with a wide variety of cultures and disciplines.

The Operations team comprises of sub teams namely Trading Operations, Voyage Operations, Cargo Assurance, Doc. Admin and Inventory Analysts. Operations have a key role to play in ensuring that the front to back process runs smoothly, technical expertise is provided, and that valuable data and information is collected, entered and forwarded in a timely manner to provide full support to others dependent on such information to maintain an efficient and compliant process. The team manages the logistics of a deal to BP's best commercial advantage whilst ensuring that all contractual and Group assurance obligations are met.

The Trading Operations Technical Lead is responsible for ensuring the smooth, compliant and flawless Operations in their trading operations team. Managing essential front office, functional and cross regional relationships

Key Responsibilities
  • Build technical and operational capability of operators on your bench including training new joiners, fostering learning and encouraging knowledge sharing.
  • Perform day-to-day operations delivery and complex operational scenarios as required by the individual bench, thus supporting bench strategy.
  • Support crossbench training and build capability as part of the Tech Lead community.
  • Own operational input for bench related new business activity (including NAI's), through regular engagement with both front office and functions.
  • Interface with support functions as required for operations i.e. Tax, Commodity Risk.
  • Report incidents and manage risk on a root cause analysis-basis, where required for operations on your bench.
  • Support the delivery of trading strategy through technical input to maximize value.
  • Support and where required lead in continuous improvement initiatives as well digital projects across operations.
  • Support and provide input into the Operations Framework which provides risk management for the organization
  • Strive to drive the Operations Pulse Survey Results in a positive direction as a collective LT.
  • Ensure protection of bp's systems and information, including all our employee, customer and consumer data through strong cyber security behaviors.


Essential Education, experience and requirements
  • Considered a trading operations SME in at least one MOT, multiple MOTs preferred
  • Understand risk, compliance, HSSE and Shipping requirements relating to operations
  • Proven track record of delivering commercial value
  • Strong leadership and communication skills including ability to motivate a team
  • Strong team player
  • Strong negotiation skills (formulating and implementing strategy)
  • Ability to achieve operation and business goals through influencing, systematic planning and effective management of available resources
  • Attention to operational detail and willingness to speak up
  • Ability to find innovative solution to problems & work with M&D and/or I&E in support of our digital agenda.
  • Proven track record of relationship building in front office environment and with external counter parties


Desired Criteria
  • Having a strategic mind set as well as understanding / managing risks and implications of the business / people decisions.
  • Identifying key issues in a complex situation, adapting quickly using the resources available to lead the Operations team and relating stakeholders through changes effectively
  • Commercially focused
  • Demonstrated ability to identify and drive change and simplification within a team.


How much do we pay (Base)? $ 123,200.00 - 228,800.00 USD Annually
  • Note that the pay listed for this position is 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 of vacation per year for full 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.

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.

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.

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:
Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Problem Solving, Sentiment and Trends, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Trading knowledge, Troubleshooting, Voyage operations

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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