Crude & Feedstock Optimization Senior Manager - Midwest
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About the role
Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy company! Leads the team responsible for the short and mid-term crude and feedstock supply optimization for the BP Whiting (450 KBD) refinery. Works jointly with the Refinery Optimization & Performance Manager to develop refinery operating plans optimized to maximize gross margin delivery. This requires understanding of the complex choices and trade-offs in GM, RCOP, and working capital between multiple crude and feedstock supply sources. Accountabilities Lead the refinery processes for optimizing selection of 450+ KBD of crude and feedstock (~$13B pa at $80/bbl) and product slate manufacture choice to increase asset gross margin within the context of maximizing bp value Provide input to help the refineries balance operating risk (cost, availability/reliability) with commercial opportunity Lead the trading interface relationship to ensure traders provide appropriate input to refinery operating strategy and that midstream provides appropriate input to the relevant trading bench strategy and positions Oversee accurate and timely option valuations (crude pecking orders) ensuring that these reflect all market options and the full flexibility to operate within defined operating envelopes Develop and implement supply and trading strategies with cover from the refinery to maximize refinery gross margin Manages ~15 MB inventory position to minimize working capital requirements while meeting supply needs, following Group financial guidelines, and optimizing cash flow Foster and leverage a strong relationship with the Whiting refinery ROPM to ensure that optimization occurs within defined envelopes, that opportunities to expand refining or logistic capabilities are explored and the potential value effectively communicated and to ensure that resourcing of new opportunities (crude approvals, capex, commitments, etc.) are prioritized appropriately Leads team of Supply Coordinators and Asset Economists based in the Chicago 30 S Wacker office