Structured Trade Finance Specialist

at  BP

JOB DESCRIPTION:

The role is part of the Global Structured Trade Finance team which facilitates BP’s Supply, Trading and Shipping (ST&S) business growth by partnering with credit, trading and origination teams, performs risk cover and liquidity transactions as well as structures more deals by combining financing and risk distribution solutions.
Your key focus in this role will be to support the growth aspirations of ST&S, often transacting within geographies and counterparties, coordinated financing structures and the need for stronger credit mitigation capabilities.
The role draws on experience and contacts at financial institutions to provide tailored risk mitigation and liquidity management solutions tailor-made to meet specific needs of ST&S. You will build enduring relationships with external partners and engage in negotiations / discussions of suitable financing and risk mitigant structures.
Part of a global team, you will be able to demonstrate best practices and exchange experience across ST&S (regionally and cross-team) in support of commercial activities with a primary focus on Asia Pacific and Middle East.
Key Accountabilities
Lead the structuring, negotiation and execution of funding and risk cover solutions with external & internal collaborators in support of commercial transactions. Examples such as trade credit insurance, receivable purchase agreements, risk participation agreements, prepayments, transfer ownership transactions and other non-debt arrangements.
Silent running of ST&S funding and credit risk mitigation activities by maintaining robust processes and controls.
Maintain positive relationships with current banks, funds and insurers and identify/develop new partnerships in support of additional credit risk mitigation and/or funding solutions.
Build collaborative partnership across the business, including Trading, Origination, Credit, Treasury, Legal and other functional teams.
Develop tailored solutions to improve trader’s offering and generate additional P&L.
Essential Experience and Job Requirements
Degree or equivalent with strong experience in the commodity finance space
Transactional background and commercial approach; experience in developing and implementing funding and credit risk distribution structures within a commercial/ investment bank and/ or an energy trading company.
General knowledge of the legal concepts and Non-Debt accounting treatment underpinning trade and commodities finance.
Specialist expertise in some of or all the following: Prepayment, PXFs, RBLs, ABLs, Project Finance, Receivables Securitization, Receivable Discounting, Supply Chain Financing, Inventory Financing, Credit Structuring, Risk Syndication and letters of credit.
Lead in deal origination and negotiation, financial structuring, legal documentation, risk distribution/ syndication, and working capital management.
Ability to build and maintain good banking relations.
Comfortable adapting role and input to needs of situation, ability to work in a fast pace multifunctional environment.
Self-directed performer with an innovative demeanor.
Curiosity in keeping up to date in funding and risk distribution markets, energy/ low carbon industry and geo-political impacts.
Digital and continuous improvement mentality, experienced with Excel, PowerPoint, MS Word at a minimum.

SKILLS:

Analytical Thinking, Commercial Acumen, Commodity Risk Management, Communication, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Group Problem Solving, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Resilience, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading knowledge

Please refer the Job description for details