Trading Operator
Entity:
Supply, Trading & Shipping
Job Family Group:
Supply & Trading Group
Job Description:
ST&S RPTE Oil Operations team has the following focus statement - ‘Oil Operations: Expertsin Oil Movement’
The Oil Operations team is dedicated to managing the risk and maximising the commercial value of each individual trade through collaboration and sharing of detailed knowledge with both internal and external parties. As a result of many years hard work and dedication to
BP’s core values of safety, courage, one team, respect and excellence, the team has built a reputation which identifies them as the safest and most efficient oil transporters and earned global recognition as the ‘experts in oil movement’.
Trading Operations (part of Oil Operations) is approximately 60 people responsible for providing deal management post trader execution ensuring that all contractual and operational requirements are fully met. The RPTE Trading Operations Team covers Crude, Products, Bio-Fuels, Chemicals, Marine and Base Oils; as such it plays a major part in the delivery of the targets and objectives.In support of the global trading books the team has key relationships with teams in the US and Singapore.
The Trading Operator manages the logistics of a deal to BP's best commercial advantage, ensuring that all contractual and group assurance obligations are met. Trading Operators also have a key role to play in ensuring that the front to back process runs smoothly and that valuable data and information is collected, entered and forwarded in a timely manner.This provides support to many other teams within T&S allowing effective management of the business.
RPTE strives to be recognised industry wide as the ‘Employer of Choice’.
What you will deliver
You will be responsible for the contractual and financial performance of sales and purchase agreements. This will involve working closely with traders to maximise profits and minimise losses on trades. Your key accountabilities will include:
- Nominating oil movements and preparing all documentation instructions.
- Where appropriate, appointing Cargo Assurance and/or independent inspectors.
- Monitoring all liftings, maintaining awareness of demurrage implications and investigating outturn losses.
- Adhering to HSSE and BP Shipping policies.
- Recognising and understanding concepts of pre-finance and work with the credit teams to administer letters of credit, where appropriate.
- Developing strong working relationships with traders, third parties, associates and other ST&S departments.
- enter in to the Trading Operations system of record, Operations Workbench (OWB), timely and accurate data entry of shipments and voyages.
- The team actively assist in the design and development of the systems that the business will be implementing for the future benefit of ST&S and you may be requested to support and test new releases to ensure the system is fit for purpose.
- When required, tracking stock positions within BP owned and third party tankage.
- Demonstrating a thorough understanding of contractual agreements as well as our commercial position with respect to third party term contracts.
What you will need to be successful
Trading Operators come from a wide variety of backgrounds with differing levels of experience and expertise, which is beneficial when considering the width of the role.
It would be good but not essential if you already have some operational experience and a good working knowledge of the energy trading and shipping environment or a good knowledge of refinery operations and blending.
You should also be able to demonstrate or have a consistent record encompassing the following
key foundation skills:
- Strong commercial instinct
- Flexible and open thinker
- Pro-active and independent worker
- Ability to work under pressure
- Ability to prioritise and organise work
- Ability to work to numerous and frequent deadlines
- A strong teammate
- Attention to detail
- Influencing skills
- Performance Bias - focuses efforts and prioritises work to deliver business value
- Business Awareness - takes account of inter-relationships between customers,
- suppliers, & the organisation
- Partnership and Collaboration - actively engages and respects the diverse contributions of team, partners or networks
Why Join us?
At bp, we provide the following environment and benefits to you:
- A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and giving back to our environment are highly valued
- Possibility to join our social communities and networks
- Learning opportunities and other development opportunities to craft your career path
- Life and health insurance, medical care package
- And many other benefits!
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.
Don’t hesitate to get in touch with us to request any accommodations!
Travel Requirement
No travel is expected with thi