Distillates Trading Analyst
Bp
Entity:
Supply, Trading & Shipping
Job Family Group:
Job Description:
The GDIST (Global Distillates) team in Singapore covers middle distillate and fuel oil trading in Asia, Australasia, East and South Africa and the Middle East, as well as participating fully in global arbitrage opportunities with the other GDIST locations.
GDIST is now looking for an Exposure Analyst of high potential to join the Singapore book on a permanent basis. The GDIST book generates its income through value trading, blending and supply optimisation. Timely, accurate and detailed ownership of the exposure system is run by the Exposure Analyst Team and trading decisions are based upon the exposure reports produced by the incumbents. This role will initially focus on middle distillate trade support leading on to owning daily exposure management tasks.
Key Accountabilities
Working in the Singapore GDIST trading team, the successful candidate as part of the exposure team will work closely with the traders, operators as well as Mid Office personnel in both Singapore and Australia in this fast-paced role. In addition to being aligned with bp’s trading guidelines, ethics and control, the incumbent will be involved in a range of activities and specific responsibilities include:
Timely and accurate deal entry.
Producing timely and accurate Daily Exposure for the GDIST Bench
Collaborating closely with Operators to ensure all information is up to date
Working with Middle and Back Office teams to verify accuracy
Daily book balancing and internal chain control and administration
Optimization of Exposure/ cargoes to drive P&L
Ensuring correct costs and mark-to-market attributed to new physical deals and operational amendments that drives T0 P&L analysis
Ad hoc provision of analytical support for traders on book/ deal performance
Improving/Streamlining the daily expo process.
Ensuring reports and processes are fit-for-purpose to support the bench's performance plan.
Experience and Job Requirements
Knowledge of energy trading industry and physical movements
Control and compliance familiarity in a trading environment
Self-motivated and driven
Good attention to detail and ability to work independently
Commercially astute, Strong analytical, problem-solving and numeracy skills
Resilient, ability to work in very fast paced environment and deliver under pressure, handling various tasks and being able to prioritize among them
Good interpersonal skills and a teammate
Inquisitive and able to take an independent approach, challenging where appropriate
Strong analytical and problem solving skills
Desirable Criteria
Understanding of trading concepts, P&L drivers and exposure
Understanding of the GDIST flows including North Asia, the Straits, Australia and New Zealand, West Coast India, Arabian Gulf and East and Southern Africa
Travel Requirement
Relocation Assistance:
Remote Type:
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.