RPTA Commercial Analyst
Bp
IT
Chicago, IL, USA
USD 98k-150k / year
Posted on Nov 1, 2025
Entity:
Supply, Trading & Shipping
Job Family Group:
Job Description:
About us
Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy company!
Role Synopsis
The Commercial Analyst & BPX Interface Liaison is a key strategic front office position within the Crude Trading and Shipping organization, reporting to the Commercial Manager for Crude. This hybrid role is designed to provide comprehensive support to the crude trading bench while also serving as the primary interface between trading and BPX onshore – BP’s Crude oil production asset management team. The position offers a unique opportunity to gain in-depth exposure to how BP’s lease crude marketing business operates through contract management, volume forecasting, and monthly settlements, and optimizing relationships to deliver maximum value to bp.
The successful candidate will be responsible for enhancing relationships and communication between Trading and Upstream, ensuring that commercial strategies are aligned and driven efficiently. This role requires a proactive approach to relationship management, a strong analytical approach, and the ability to coordinate across multiple functions to deliver maximum value to bp. The Commercial Analyst & BPX Interface Liaison will play a critical role in supporting business growth, driving process improvements, and ensuring operational excellence in all commercial activities related to onshore crude oil marketing and trading.
Key accountabilities
All accountabilities will be supported and supervised by the Crude traders and relevant upstream personnel. Depending on the bench and business needs, responsibilities include but are not limited to:
Serve as the primary point of accountability and interface between T&S and BPX, leading weekly meetings, setting focused agendas, resolving issues, and driving solutions for ad-hoc requests.
Develop and communicate equity production forecasts, including management of post-cycle production changes to the trading bench.
Prepare logistics plans for new upstream operating areas, ensuring readiness and alignment across stakeholders.
Address pricing and royalty inquiries, and lead coordination of interface-related activities across functions.
Maintain service-level agreements (SLAs) and oversee all BPX-related contracts to ensure compliance and continuity.
Assist in month-end and quarter-end close activities for both T&S and BPX, including monthly performance reporting against critical metrics, tracking crude oil prices for accounting, and establishing quarterly line fill volumes.
Manage daily exposure for select trading books in the Crude bench: morning position updates, reconciliations, intraday moves, end-of-day position explanations, and deal-level cost provisions.
Deliver effective validation of deal valuation on T0 and ensure timely communication of performance (Expo / P&L) via the FTS process.
Validation of exposure and daily pricing in line with chain/portfolio strategy and ensuring books are appropriately hedged (flat price, FX and MOCs) and in line with defined strategy.
Support trading teams to ensure all deals are marked accurately in line with MTM policy, including monitoring and clearing of failed valuations and uploading daily curves where necessary.
Collaborate with Trading, Operations, and Commodity Risk to ensure accurate reflection of deal valuation throughout the lifecycle of the deal. This includes operational and deal amends, blending/regrades, updating exposure modelled deals, etc.
Support continuous improvement to streamline and simplify processes.
Essential experience and job requirements
Experience in commodity trading or a related commercial role, with strong analytical and numeracy skills.
Technical knowledge in derivatives and physical trading strategies.
Ability to prioritize and organize workload autonomously.
Open communication style; confidence to challenge and seek clarity.
Effective relationship management skills across trading, upstream, and external counterparties.
Highly effective team player, eager to learn and teach.
Eager self-starter with a track record of solving business problems.
Innovative approach to problem solving, technology, and analytics.
Proficiency in English (verbal and written communication).
Desirable criteria & qualifications
Strong commercial awareness.
Proactive, driven, and strong desire to contribute to book P&L.
Awareness and understanding of hydrocarbon operations.
Good interpersonal skills and ability to communicate well internally and externally in line with bp’s values and behaviours.
Experience with bp deal entry systems.
Intermediate Excel skills.
How much we pay (Base): $98,000-$150,000 *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 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[LC1] of vacation per year for full time 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 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. Learn more by visiting Core U.S. Benefits.
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[LC2] . You may learn more about our generous benefits at Core U.S. Benefits.
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.
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, 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. Don’t hesitate to get in touch with us to request any accommodations.
Why join bp:
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to encouraging 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!
Travel Requirement
Relocation Assistance:
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Skills:
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.
