Commodity Risk Lead

at  BP

SKILLS:

Analytical Thinking, Business process improvement, Communication, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Group Problem Solving, Internal control and compliance, Resilience, Thought Leadership, Trading knowledge

Responsible for the creation and delivery of high quality, insightful, value added, and automated management information.
Responsible for bringing transparency to deal structures and explaining financial impacts in operational terms.
Independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities.
Ensure timely validation of new business to ensure that new business deals are accurately represented in the system.
Validation and analysis of prices and curves and resolve any issue with bench analyst on a timely basis.
Ensure market data integrity with reference to price series and forward curves, pricing calendars and expiry tables in the systems
Ensure accurate delivery of independent exchange-related activities, analysis of exchange trades with a lens of risks involved and accurate forecast of cash required for exchange trading
Collaborate closely with finance, risk and front office teams to resolve any discrepancies on counterparty, pricing, volume and MTM intent.
Validate deal level MTM, exposure and P&L.
Accurately validate, monitor, and manage ancillaries costs and related P&L daily including troubleshooting and resolving any related issues.
Actively engage with global teams, ensuring proper handoffs between regions.
Support regional and global process standardization initiatives.
Support monthly close activities