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Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

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.

Join our Demurrage Team and advance your career as a

Demurrage Negotiator

In this role You will:

· Manages a portfolio of barge/vessel claims in a systematic way to ensure time-bars are not missed, meaningful responses are provided to counterparties, rigours negotiation is undertaken, and claims are closed in a timely manner.

· Calculation, preparation, verification of freight, contract shipping expenses and demurrage claims/invoices in accordance with oil trading contracts, general terms and conditions and charterparty terms.

· Ensuring strict adherence to various contractual/charterparty timebar clauses, minimising BP’s commercial loss. · Responsible for demurrage, freight and expenses on behalf of selected BP group companies.

· Investigation and collation of the facts and data gathered from Traders, Operators, Charterers, Legal and Tax Advisors in order to fully assess each individual demurrage claim.

· Negotiation of disputes with Group companies or Third parties using email, fax, telephone and face to face negotiation. Maximising value of each claim for bp within the context of ongoing relationships.

· Developing and maintaining relationships with 3rd parties including trading companies, barge owner’s and brokers. Leverage these relationships to aid BP group and demurrage negotiation.

· Hold commercial relationships and manage complex negotiations with external counterparties to maximise value recovery and advance bp’s interests.

· Appropriately assigned costs to relevant benches to ensure accurate profits and losses are reflected, collaborating with Settlement and Commodity Risk teams to ensure this is done in a correct and timely manner.

· Provide detailed analytical assessments on a regular basis of outstanding claims/costs to trading benches and commodity risk.

· Identify improvement opportunities, provide feedback, and work with traders, operators and contracts team to optimise efficiency, improve contractual terms and create demurrage prevention.

· Review ways of working to drive process optimisation and a focus on delivering value.

· Provide commercial assistance to the oil and ship operators, oil traders and ship charterers. Ensure lines of communication with key collaborators are maintained and utilised as required.

· Provide training and develop awareness of Demurrage activity and value to the team and across the Refining & Products Trading business.

· Ensure compliance with all BP policies and procedures including Shipping policy and credit requirements.

· Work collaboratively across the Demurrage team to support team delivery.

· Ensure systems data is updated accurately and monitor data flows – flagging where concerns are raised.

What you'll need to be successful:

· Relevant university (economy or finance) degree

· Relevant years of experience in finance or trading, or shipping

· Global/ multi-national company work experience is an advantage

· Fluent English knowledge

· Knowledge about the trading or shipping industry, physical oil environment

· Strong commercial instinct

· Performance Bias - focuses efforts and prioritises work to deliver business value

· Eye For Business - takes account of inter-relationships between customers, suppliers & the organisation. Understand trading bench strategy and align demurrage activity to support its delivery

· Partnership and Collaboration - actively engages and respects the diverse contributions of team, partners or networks

· Continuous improvement focus – demonstrate a desire to understand, develop and improve processes to drive optimisation and focus time on commercial delivery.

· Ability to identify and embed best practice and cross trading bench consistency

· Negotiation skills and ability to hold external relationships

· Flexible and open thinker, with the ability to influence

· Strong analytical & technical skills (MS Office / MS Teams)

· Strong attention to detail, ability to prioritise, organize and multi-task

· Strong problem solving, communication and interpersonal skills

· Ability to work under pressure to meet numerous and frequent deadlines

· Ability to work as part of a team in a fast-paced environment

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
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• 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!

At bp, we support our people to learn and grow in a diverse and ambitious 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 offer benefits to enable your work to fit with your life.

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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.