Trading Analyst

Trading AnalystOur 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!About the teamThe Trading Analyst will be part of the front office commercial trading team and directly assist the Distillates, Biofuels, and High Sulfur trade desks. The position will be responsible for supporting the full deal lifecycle, including accurate and timely deal capture and entry in the system of record and trader sheets; validation of commercial terms; coordination of amendments, cancellations and other lifecycle events; investigation and resolution of data, position and valuation breaks; and follow-through with traders and middle- and back-office teams to ensure deals remain accurate through settlement. This role will also assist additional bench projects as requested.This is a dynamic front office position with direct engagement with the trading bench and can serve as a stepping-stone to a front-line commercial role.Key AccountabilitiesEnsure system of record and trader sheets are promptly updated with new deals including the reconciliation of any discrepancies and follow through to resolution.Perform end of day reconciliation between system of record and trader sheets. Also ensure trader marks are properly loaded at end of day.Continuously explore and implement ways to improve current processes and ways of working on the trade desk.Ability to thoroughly understand and interpret the various deals transacted by the trading team and to question any details that do not look accurate, ensuring BP aligns with regulatory deal entry requirements, e.g. timely deal entry and resolution of issues preventing data flow for reporting requirements.Ensure deal entry metrics remain in line with KPI expectations, and record explanations as to any deal entry errors.Maintain up-to-date procedures and capture these in the desk manual.Act as point of contact for any issues or questions that arise from middle or back office related to deals on the bench.Coordinate deal amendments, cancellations and lifecycle updates, ensuring changes are reflected accurately and consistently across the system of record and trader sheets.Monitor daily physical and financial deals, location and timing, and reconcile positions between trader tools, the system of record and relevant reports.Investigate position and valuation breaks; identify root causes; and coordinate timely correction or critical issue with traders and relevant middle- and back-office teams.Prepare clear and timely summaries for the trading bench, highlighting material changes, limit concerns, data-quality issues and items requiring trader action.Essential experience and job requirementsBachelor's degree or equivalent experienceAbility to work under pressure with specified timelines and due datesAttention to detail is keyStrong Excel skillsAbility to manage competing prioritiesSelf-motivatedProven interpersonal and communications skillsKnowledge of trading deals and commercial termsAbility to improve efficiency and reduce complexity through process improvementsBias towards open thinking and learningGood documentation and organizational skillsWillingness to foster a safe and compliant work environmentStrong negotiations skillsHow much do we pay (Base)? $98,000.00 - 140,000.00 USD AnnuallyWhy join bpAt 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!Negligible travel should be expected with this roleThis role is not eligible for relocationThis position is a hybrid of office/remote workingSkills: 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 controlsLegal Disclaimer: We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.