Entity:

Finance

Job Family Group:

Finance Group

Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry. We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the world. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our new Team and advance your career as an

Group Treasury Operations & Liquidity Senior Manager

GR10/ F

Within FBT, the Group Treasury Operations & Liquidity Management team is leading a change in the way bp views, manages, and optimises short term / mid-term cash and long-term financing by leading liquidity processes and supporting Treasury Leadership’s decision-making process.

The Group Treasury Centre Of Excellence won’t only take the processes as is but it is also responsible for implementing the standardised processes and improvements to drive value operating on our current systems – while we implement the new TMS as part of Treasury Digital Strategy.

The Group Treasury Operations & Liquidity Senior Manager is a direct contributor to bp’s group treasury & liquidity operations objectives, driving process subject area by ensuring efficient and effective execution of group treasury operations and cash forecasting processes, providing key treasury analytics to bp's management and the Financial Market Trading teams (FMT) who trade an average of $8bn of treasury flows a day.

In this role you will own the end-to-end operational delivery of Treasury trading back-office operations, payments operations as well as the liquidity and cash management (near-term and mid-term) processes in cooperation with the wider Treasury and Finance teams, our banking partners and local Cash & Banking/Finance teams.

In this role You will:

• Oversee, retain and develop a team of first level leaders accountable for operating Group Treasury & Liquidity Operation activities while ensuring adherence to policies and procedures to deliver highly time-critical operations and compliance.
• Own and manage end-to-end Group Treasury Operations and liquidity (GTO) processes
• Ensure compliance with internal controls and market compliance and regulatory requirements
• Oversee Treasury Trade and Treasury Settlement operations
• Oversee Liquidity & Cash forecasting operations and lead analytical insight into bp’s cash and currency profiles and oversee and interpret stress testing scenarios to mitigate the group’s liquidity risk and provide updates to the GFRC (Group Financial Risk Committee).
• Partner seamlessly with Treasury Trading to manage liquidity risk, ensure efficient management of BP cash and manage bp’s FX exposure.
• Leading communication and coordination in case any Group Treasury BCP disruptions/ major incident and own the end to end GTO crisis and continuity management plans.
• Lead bp's Bank Account management team, Group Treasury Global Security officer team
• Lead the maintenance of static data management (treasury trade and in-house banking)
• Support audit and regulatory reporting requirements related to treasury transactions.
• Own GTO organizational and people capability framework to recruit, retain and develop own teams
• Plan, organize and lead your own GTO initiatives with strategic value and impact on group treasury operations processes, especially reducing workload and generating efficiency.
• Drive the people, support and system strategies as part of the wider Treasury Digital Strategy
• Represent BP Group Treasury internally and externally and keep up to date with Corporate Treasury and Banking Regulatory and Compliance landscape (e.g. ISO20022) and professional bodies like the Association of Corporate Treasurers.
• As a member of the extended leadership team of FBT ST&S Procurement Operations, to active role model to support our objectives on BP Strategic framework, FBT culture and mindset as well as BP’s purpose and beliefs.

What You will need to be successful:

• Bachelor’s Degree preferably in Finance, Economics, Engineering, Data Science, or another quantitative field experience
• Fluency in English, other European languages could be an advantage
• Solid leadership and stakeholder management skills
• Knowledge and understanding of wide range business operations and connections of Treasury Operation related IT systems.
• Significant experience in Corporate Treasury functions with treasury trading, understanding of in-house banking model and in-house cash pooling models.
• Understanding of financial instruments (e.g. Swaps, Forwards, Commercial paper, Working Capital Structures) and FX and Money Markets
• Experience in operational process improvement
• Able to prioritize under pressure and multi-task
• Strong stakeholder management both internally and externally
• Excellent problem-solving capability

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Flexible working schedule: home office up to 2 days / week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, 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, perform crucial job functions, and receive other benefits and privileges of employment.

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:

Analytical Thinking, Analytical Thinking, Asset and project finance, Banking Relationships, Banking solutions, Cash, Claims Management, Collaboration, Commercial Acumen, Communication, Corporate Finance, Corporate structure and group funding architecture, Credit rating management, Curiosity, debt and liquidity forecasting, Debt Capital Markets, Decision Making, Defined benefit pension schemes fund management, Defined contribution pension schemes investment strategy, Digital Automation, Digital cybersecurity, Digital Fluency, Equity Capital Markets, Ethical judgement, Financial framework management {+ 15 more}

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.