Distillates Trading Analyst

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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

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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.