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 is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

In supply, trading & shipping we play a central role in bp's strategy, creating value for bp and our shareholders by integrating along and across our oil, gas and lower carbon value chains. We connect energy producers, suppliers, markets and customers to keep energy flowing today. Join us as we continue to grow as the world's leading energy trader and help build out tomorrow's energy system.

About the role

Do you want to be part of a global network reimagining energy for people and our planet? At bp, we have an opportunity for a Power Trading Contracts Operator to join in our ambitions to achieving net zero.

The European Power (EP) business has a stated aim of building a well-balanced, tradable portfolio in power (6,000+ MW) across our targeted markets by 2025. The business strategy is underpinned and in support of bp's 'reinvent energy' stated ambitions and aims. Today, the business transports, trades and monetizes its growing positions in line with its virtual utility strategy while looking to sustainably generate >$300m annually.

The Power Trading Contracts Operator role within the European Power front office team is a key position as the bench looks to continue to build out its power business within bp's Trading & Shipping group. The London based role will report to the Contracts Manager and is accountable for managing both pre-COD and post-COD contractual details of the growing Power Portfolio Agreements across Europe. Expectation is for this individual to provide a focused and project oriented approach to contractual exposures ensuring all contractual, regulatory and internal policy obligations are delivered as intended. This role will equally act as a key interface with internal and external PPA stakeholders, enabling business across the PPA deal lifecycle, ensuring internal process run smoothly, supporting origination activity and operationalization of the contracts by the Trading team. The Power Trading Contracts Operator will support broader team activity as and when the Power Business requires and as the individual progresses through the role as appropriate.

What you will deliver

• Develop deep level knowledge of our growing and sophisticated commercial agreements (PPA's), with responsibility for assisting with contract negotiations, pre-commercial contractual obligations, risk mitigation & operational setup ensuring a high-quality handover to Origination, Operations and Trading.
• Onboard contracts into bp's risk management / straight through process, focusing on automation of PPA activity to enable future growth/scale.
• Monitor project delivery of assets and underlying PPA contracts, developing KPI's, monitoring progress through all project gates and lifecycle of PPA deal.
• Ensure Origination, Trading and Operation teams understand contractual PPA obligations and flexibility in order to optimise accordingly.
• Communicate internally all issues & concerns with various groups, including senior management, traders, originators, IT developers, ethics & compliance, legal, commodity risk, and operational excellence to protect interests.
• Communicate externally with PPA customers, asset operators, electricity grid operators, Balance Responsible Parties, carbon registries, other shippers, IT vendors, project developers and service providers.
• Coordinate and facilitate a PPA Asset Portfolio Review Committee with select Origination, Trading, Operations and Finance personnel to outline contractual status, red flags, contingencies and risks.
• Over time build knowledge to work fluidly across the full gas/power/carbon value chain, developing capabilities to identify & handle risk, enable business growth and generate value.
• Assist in model development with Portfolio Trading team around PPA contract exposures lending to well informed risk of infrastructure build out and leading contract optionality resulting from growing flex gen and renewable portfolio.
• Maintaining high ethical standards and complying with all market rules and regulations.
• Promote and support our "Speak Up" culture unconditionally.

What you will need to be successful

Essential experience / job requirements:

• Experience in European Power markets (Operations/Trading/Origination)
• Business level fluency in English required alongside additional European language (Spanish preferred)
• Experience in operational environments requiring strong attention to detail, excellent organisational skills, effective task prioritisation and delivery under time pressure.
• Proven track record of handling complex contracts and agreements (e.g. refinery agreements, offtake agreements, MSPAs, PPAs etc).
• Strength in forming effective relationships; strong interpersonal, communication and influencing skills and a willingness to support colleagues to deliver team objectives.
• Strong project management experience with ability to run effectively across finite time, delivery and resource.
• Ability to show up internally and externally in a knowledgeable, respectful and confident way.
• Experience in contributing towards building a streamlined data driven organization to dynamically manage portfolio risks and extract extrinsic value.
• Strong data modelling or process automation experience.
• Knowledge and understanding of energy trading markets, trading instruments and risks a plus.
• Ability to handle and thrive in ambiguous environments and with transactions of increasing complexity.
• Sound one team behaviours with the ability to receive and provide respectful challenge.
• Strong commitment to compliance.

Why join us?

At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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

Travel Requirement
Up to 10% 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:
Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations

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.