Commodity Risk Manager

Benefits

Additional Information

Entity: Finance Job Family Group: Finance Group 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. It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you'll be fully connected into the world of bp. You'll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There's a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we're with you. Join our Commodity Risk Team in Budapest and advance your career as a Commodity Risk Manager Commodity Risk is a key strategic control position within the bp's Supply Trading and Shipping (ST&S) organization. The role holder serves as the primary interface for trading and supply benches, while managing the daily activities that meet the team's core responsibility of serving as a control function, delivering independent daily exposure and P&L, and provides analytics to support business insight, including working capital and cash. As a Manager at BP BSC KFT, you will be responsible for leading all aspects of and mitigating commodity price exposure, ensuring robust risk frameworks, and providing insightful analysis to support trading and commercial decisions. In this role you will (be): Develop, implement, and maintain comprehensive commodity risk management strategies and policies. Supervise and analyze market trends, sentiment, and fundamental data to identify potential risks and opportunities. Conduct advanced portfolio analytics to assess overall risk exposure and performance. Generate and present clear data visualizations and interpretations of complex risk data to various collaborators. Ensure strict adherence to internal control frameworks, compliance regulations, and trade discipline. Collaborate cross-functionally with trading, finance, and other departments to integrate risk management practices. Proactively identify and assess operational risks associated with commodity trading activities. Lead and contribute to the development of innovative risk management tools and methodologies. Provide thought leadership on evolving market dynamics and their implications for commodity risk. Solve complex risk-related problems, developing and recommending effective solutions. What you'll need to be successful: Several relevant years of experience in leadership role Demonstrated people management capabilities Proven experience in Commodity Risk Management and Market Risk Management. Strong analytical thinking and problem-solving skills. Demonstrated ability in data visualization and interpretation. In-depth understanding of trading fundamentals and market knowledge. Experience with internal control and compliance frameworks. Familiarity with operational risk management principles. Excellent collaboration and communication skills. A track record of creativity and innovation in risk management. Ability to demonstrate thought leadership and influence decision-making. Experience in sentiment and trends analysis. Proficiency in portfolio analytics. At bp, we provide the following environment & benefits to you: Different bonus opportunities based on performance, wide range of cafeteria elements Life & health insurance, medical care package Hybrid working arrangement aligned with team arrangements and business needs Opportunity to build up long term career path and develop your skills with wide range of learning options Celebrate in bp's success. You may be eligible to join bp's Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules Family friendly workplace e.g.: Extended parental leave, Mother-baby room Employees' wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program Possibility to join our social communities and networks Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us! At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is stren