FX and Rates Trader - Financial Markets Trading

Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

About BP Financial Markets Trading:

Sitting within BP’s supply, trading & shipping (ST&S) organisation, Financial Markets Trading (FMT) is the interface to global financial markets, handling the Group risks in foreign exchange, interest rates, and cash management, while generating discretionary trading revenue.

FMT contributes to the organization through:

• Competitive market access and pricing via the banking community

• Active management of FX and interest rate exposures for business divisions

• Providing experienced advice on financial markets, defining executable hedging and trading strategies where necessary

• Trusted advisory support to the Group and its affiliates

• Incremental revenue generation through discretionary trading

• Strong leadership on controls, compliance and culture aligned to BP’s core values

FMT has three trading units around the world - London, Singapore & Chicago. This enables us to offer the Group 24-hour coverage, five days a week.

Accountabilities:

As a member of the Financial Markets Trading team in Singapore, the successful candidate will be accountable for a broad range of activities, including:

• Partner with traders, originators and functional assurance experts and advise BP businesses and affiliates on effective management of market risk across existing and proposed commercials structures.

• Build and maintain an understanding of products and commercial strategies across BP’s traded commodity markets (e.g. oil, gas, power).

• Being a self-starter, taking ownership of trade ideas from view formation to execution, contributing to overall performance.

• Close collaboration with regional treasury, Operations and support teams to address day-to-day issues quickly, enabling seamless support to group while maintaining operational safety.

• Support Treasury workstreams in restricted Asian markets to protect and improve Group value.

• Set the standard for ethical conduct in all internal and external interactions, aligned with BP’s core values.

Essential Experience and job requirements:

• Dedicated individual with an entrepreneurial outlook who independently generates and implements trading opportunities.

• Track record of generating discretionary trading income across FX, other products desirable.

• Quantitative and/or mathematical background, along with prior experience in exposure mapping and hedging cashflow across complex products, would be a plus.

• Confident, constructive challenger who speaks up and contributes to transparent discussions on risk and strategy across global trading centres.

• Understanding of regulatory environment in Asian financial markets.

• Reputation for excellent partner service both internally and externally.

• Proven dedication to strong governance, compliance and risk standards.

• Collaborative and culturally agile teammate with strong communication skills and the ability to work effectively with a diverse cohort of business partners.

bp is an integrated energy company whose purpose is to deliver energy to the world, today and tomorrow. But we can’t do it alone. We’re a diverse team of engineers, scientists, traders, and business professionals determined to find answers to problems that must be solved. We believe that our teams are strengthened by diversity. We invite applications from all suitable candidates regardless of your gender, race, sexual orientation, or neurodiversity.

We provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued

• Possibility to join our social communities and networks

• Learning opportunities and other development opportunities to craft your career path

• Life and health insurance, medical care package

• And many other benefits!

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:

Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Business Development, Continuous Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Trading knowledge, Writing skills

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.