Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Role Synopsis:

The Advisor, Credit is responsible for managing the credit risk and trade finance activities arising from trading and origination activities within their core assigned portfolio supporting GPTA and RPT and, as required, a backup to other portfolios within or across regions. This is a commercially enabling role that must drive business forward while maintaining transparency, control, and an appropriate risk/reward balance. Complex structured transactions and facilities are in-scope, alongside more standard physical and financial “flow” trading for Gas, Power, Renewables, Oil, and Sugar trading. The role holder will ensure that credit exposure remains within global risk appetite and credit limits set to proactively facilitate commercial growth. The role holder will exercise authorities as delegated by Senior Managers GPTA and RPT. They will partner closely with Front Office, Structured Trade Finance, Legal, and other colleagues across regions to support regional and global growth strategies, providing a risk management lens to decision making.

Given the breadth of knowledge and experience provided by this role, candidates are expected to demonstrate a capability and passion for continued professional development, allowing them to support complex transactions and own sophisticated interactions and to form part of the future talent and leadership pipeline for the broader credit team and trading organization.

Key Accountabilities:

Key accountabilities will include, but not be limited to:

· Facilitate both flow and structured transaction requests from Front Office and advise on structured credit risk mitigation solutions where appropriate

· Monitor ongoing compliance with credit limits and terms, maintaining related data within ST&S’s systems and calling out any issues or concerns

· Work closely with NOJVs and origination teams to set limits and supervise exposure in jurisdictions in LATAM or others as required

· Master the key drivers of credit exposure within a trading relationship, including vulnerabilities of each counterparty’s liquidity, capital structure, and competitive position

· Work with Origination and Legal to develop and negotiate contractual credit provisions

· Understand the use of contractual terms, letters of credit, guarantees, lien structures, and similar protections to unlock value and deliver positive commercial outcomes, working with Legal, Front Office, and external counterparties to execute inbound and outbound collateral issuances and amendments

· Collaborate with Structured & Trade Finance to externalize credit risk

· Support recovery efforts on distressed credits

· Develop constructive relationships that enable the open and timely flow of information and interventions

· Actively monitor and establish limits with counterparties in BBCE (Balcão Brasileiro de Comercialização de Energia) exchange platform

· Work with Structuring and Market Risk to calculate potential future exposure for limit setting, using and understanding the main risk drivers in the Brazilian power market, including regulatory framework (price caps/floors), volatility, and long-term fundamental forecasting

Essential Education:

· Bachelor's degree or equivalent required

Essential Experience & Job Requirements:

· Prior experience in corporate credit risk management, structured trade finance, or a related function within a financial institution, commodity trader, utility, or similar

· A passion for the role and a relentless commitment to excellence, including exceptional attention to detail and meticulous and timely follow-through on all role accountabilities

· Strong knowledge of commodity trading, preferably in energy and derivative products

· Experience with the application of statistical measures of credit risk and portfolio management

· Strong analytical and financial skills, including fluency with models and financial derivatives (or similar variable exposures common to trading businesses)

· Excellent interpersonal skills and comfort working with both senior and junior stakeholders across the various functional areas of the organization

· An innovative perspective that embraces the opportunity to make valuable contributions by devising new approaches or solutions to achieve commercial outcomes without sacrificing prudent risk control

· Demonstrated comfort and ability exercising critical thinking and independent judgment when advising on complex transactions, distressed credits or when revisiting legacy credit risk management approaches amidst changing internal or external conditions

· A committed team player who is also comfortable working autonomously and under the demands of a fast-paced work environment

· A strong appreciation for the meticulous controls and operations required in a regulated environment

Desirable Experience

· Seven or more years of credit experience in a financial institution, trading business or similar

· Prior hands-on experience monitoring a portfolio of counterparties in a commodity trading business

· Experience with distressed / workout credits

· Spanish language skills will be a PLUS - English, mandatory

· Experience in Paraguay, Bolivia, Argentina, Brazil

· Understanding of Brazilian power markets a plus, specifically its regulatory framework and its impacts on commodity prices

Why join us
At bp, we support our people to learn and grow in a diverse and high-reaching environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we o8er benefits (https://exploreyourbenefits.com/landing.html) 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!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


BEWARE – RECRUITMENT FRAUD
It has come to our attention that there are a number of fraudulent emails from people pretending to work for bp. Please be advised that we do not require any forms of payment or course by applicants to be considered for open positions.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is not available for remote working

Skills:

Analytical Thinking, Business Acumen, Collaboration, Commodity Risk Management, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Problem Solving, Resilience, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading Fundamentals, Trading knowledge, Trading risk controls

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.