Job Description

Job summary

Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

:

In Supply, Trading & Shipping (ST&S), we play a central role in bp's strategy--creating value for bp and our shareholders by integrating across our oil, gas, and lower carbon value chains. We connect energy producers, suppliers, markets, and customers to keep energy flowing today.


An exciting opportunity is currently available for a Structurer to join the ST&S Structuring team and provide structuring capability to the commercial teams within ST&S by:


Working proactively with senior stakeholders, traders, originators, and business functions to analyse and develop value-adding structures
Helping to build capability in energy asset valuation, infrastructure projects, and exotic structured transactions
Acting as a key resource for Origination, Trading, and senior decision-makers--supporting the structuring of deals and helping to quantify embedded optionality, risk/reward profiles, and relevant value drivers

In this role, you will support the Refined Products and Trading (RPT) business--covering the Crude, Distillates, Light Ends, and Biogas benches--and report directly to the Lead Structurer.

You Will Be Empowered and Accountable To:

Build and maintain trust-based relationships across commercial teams
Apply sound knowledge of industry-standard financial and derivative valuation methods
Assess the strengths, limitations, and practical applications of valuation models
Design and enhance valuation models and techniques
Communicate results assuredly to traders, originators, and analysts--actively influencing the structure and management of proposed deals to maximise business value
Engage with internal and external stakeholders to identify, assess, and quantify both market and non-market risks, proposing hedging strategies and other mitigations where appropriate

Essential experience and job requirements

Degree-level qualification in Mathematical Sciences, Economics, Finance, or other highly numerate subjects
Relevant experience in trading, structuring, risk, banking, or a quantitative graduate/postgraduate background
Familiarity with one or more energy or carbon markets (e.g. Oil, Biofuels, European Gas & Power, Global LNG, Carbon Offsets), including Renewables
Deep understanding of commodity value chains and the key drivers of price levels, spreads, and non-linear product pricing
Advanced ability to model complex financial and derivative structures
Experience modelling large infrastructure and project-finance joint ventures
Practical programming experience in an object-oriented language, with Python preferred
Ability to clearly communicate the impact of price changes (level, spreads, dynamics), valuation assumptions, and hedging strategies on deal value
Ability to prioritise conflicting demands and guide others in doing the same
Comfort with constructively challenging fixed assumptions

Desirable criteria & qualifications

Experience in commodity (Oil, Bio-fuels, Gas & Power and Global LNG) or Carbon markets preferably in a commercial role
Experience in running exposure and valuation of Oil, Carbon offsets, natural gas and power physical assets, and structured transactions, such as pipelines, storage, power plants, and exotic options.
Postgraduate qualification in a finance or quantitative area or CFA designation will be a plus

Why Join Us?

At bp, we believe that our team is strengthened by diversity. We are committed to creating an inclusive workplace where everyone is respected and treated fairly--regardless of background, identity, or lived experience. We support our people to learn and grow in a dynamic and challenging environment.


We also understand the importance of work-life balance. That's why we offer a range of benefits including flexible working options, a generous parental leave policy, excellent retirement benefits, and more.

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Analytical Thinking, Computational Thinking

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.