Job Description:

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably in is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

About the role

The Counterparty Due Diligence (CDD) Analyst is responsible for ensuring CDD operations, both onboarding & ongoing counterparty due diligence activities are conducted in accordance with the requirements of the CDD Practice for Castrol business, including the requirement to observe all data privacy regulations and the need to maintain a detailed audit trail for all decisions and controlled document retention

Key Accountabilities

Process Leadership

• Understand and operate the CDD process, to ensure accurate and timely delivery of onboarding and ongoing due diligence services in accordance with SLAs. Monitor assigned queues in the CDD tool and prioritize workload.
• Conduct on demand CDD screening for Castrol's counterparties in accordance with the CDD process.
• Supervise the continuous monitoring reports for new matches
• Instigate follow-up reviews at frequencies determined by the risk rating for the counterparties or agents
• Review any matches to establish validity and, if appropriate, recommend next steps which may include moving to a higher level of rigor, or raise - include recommendations on action based on precedents
• Ensure that the rationale for all decisions is annotated as needed in the CDD tool
• Compile as appropriate and send CDD request forms to counterparties as required, as well as analyzing subsequent responses and propose the appropriate risk level to be assigned.
• Draft any mitigating actions to be sent to BP business requesters.
• Securely store all information in accordance with the requirements of the CDD Practice and policy ensuring compliance with any data privacy requirements
• Provide subject matter expertise for the CDD process to requestors to ensure that the appropriate level of rigor is applied to CDD.
• Participate in periodic reviews of the CDD process with fellow practitioners and subject matter experts from Ethics & Compliance, Legal, etc.
• Ensure Compliance to CDD policy and procedures.
• Ensure counterparty data integrity in the systems is preserved and improved in line with CDD policy and procedures.
• Any other duties as assigned by management from time to time.
• Complete organizational strategy and support process improvement initiatives

Process and Data Integrity

• Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

Health, Safety, Security and Environment (HSSE)

• Align with all company's Health, Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager

Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health & Safety issues, and contribute to successful implementation of HSSE programmes and initiatives Follow up with business when required (for raised cases) to better understand context and gathers additional information from business where required.

Requirements

• Bachelor's degree or equivalent experience in Business, Finance, Accounting, or related field; or professional certification such as ACAMS or ICA.
• Working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field
• Understand Anti Money Laundering and Anti Bribery & Corruption requirements and ensure compliance
• Excellent written and oral communication skills in English
• Strong partner relationship leadership skills
• A proactive and dynamic approach
• Managing internal and external partners in different countries and across all segments

Why join our Team?

We support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

Reinvent your career as you help our business meet the challenges of the future. Apply now!

Travel Requirement
No travel is 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:
Agility core practices, Agility tools, Business Acumen, Business Requirements Analysis, Category Strategy, Digital Fluency, Influencing, Management of change, Negotiating, Negotiation planning and preparation, Product and market intelligence, Stakeholder Management, Supplier Relationship Management

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.