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 globe. 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 Team and advance your career as an

Senior Liquidity Manager

Within FBT, the Group Treasury Operations and 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 Senior Liquidity Manager is a direct contributor to bp’s group treasury & liquidity operations objectives, driving process discipline 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.

This role has complete oversight of the group's cash & liquidity management including currency management (short term cash and five-week forecast), supporting the group's financial risk committee, stress testing, local cash forecasting and digital improvements. This role is accountable for managing the consolidated daily cash position and the mid-term liquidity forecast to ensure that the Group can maintain adequate of level of funds and inform the ST&S treasury trading teams to optimize the daily use of funds.

The Senior Liquidity Manager will manage, retain, and develop a team of cash management and forecasting analysts. The role will lead on projects both process and systems oriented, driving solutions, strengthening the core controls framework across the business finance teams who provide forecasts and the Liquidity team and ensuring there is operational robustness in response to all the changes in people, process and systems which are currently ongoing.

In this role You will:

• Leading a team of liquidity specialists (cash managers and cash forecasters) and partner seamlessly with Treasury senior management to deliver Liquidity risk management while ensuring adherence to policies and procedures to deliver highly time-critical operations and compliance.
• Manage end-to-end liquidity & cash positioning and forecasting processes (near-term and mid-term), net debt and FX forecasting process.
• Manage the short term internal funding needs of bp’s businesses as part of the in-house banking framework.
• Manage quarterly local cash forecasting and proactively engage with responsible contacts to ensure the accuracy of the forecast before the quarter ends.
• Report on operational KPIs and lead on continuous process improvement opportunities.
• Leading analytical insight into bp’s cash and currency profiles, working with bp businesses, finance (Tax, M&A, business teams) to ensure the accuracy and integrity of their forecasting numbers.
• Perform liquidity stress test updates and contribute to GFRC liquidity risk management papers.
• Own Business Continuity Plans for liquidity and forecasting processes
• Lead a step-change improvement of processes across all partners through a deliberate and sustained approach to operational excellence.
• Compile key metrics and use the metrics to identify and act upon performance improvement opportunities.
• Understand and lead discussions on systems architecture and how it impacts the liquidity team.
• Take on ad-Hoc project management requests/support agile teams within the wider treasury function
• Actively participate in cash & banking projects/treasury/accounting and control activities across the globe.
• Lead and influence the strategic delivery of Group Treasury Operations whilst serving all treasury trading benches and optimizing FBT locations and capabilities.

What You will need to be successful:

• Bachelor’s Degree (preferably in Finance, Economics, Engineering, Data Science, or another quantitative background) or equivalent experience may be considered
• knowledge about wide range business operations and connections of Treasury Operation related IT systems.
• Strong experience in Corporate Treasury functions with treasury trading
• experience of in-house banking model and in-house cash pooling models.
• Experience working with Technology to develop data analytics and automation solutions.
• Experience in operational process improvement
• Able to prioritize under pressure and multi-task
• Development experience with data visualization tools (i.e. Power BI, Tableau) and data analytics tools (e.g. SSMS SQL, Python, DAX, RegEx, Dataiku)
• Knowledge of payment standards, mechanisms, and formats (e.g. SWIFT, CAMT, BAI)
• Strong English language knowledge; other European languages may be an advantage

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.