Each program is designed to give you maximum exposure to our trading business
Supply and trading is BP's face to the traded markets in oil, gas, power, emissions, chemicals and finance. Its role is to enhance performance and maximize group value for our assets through distinctive supply, commodity trading, risk management and information technology, underpinned by a world-class finance, control and compliance infrastructure.
Wherever you join us, you’ll be part of a unique, diverse, multi-national organization which will give you exposure to both supply and trading. Our trading environment is different because it’s not part of a large financial institution. Yet it’s one of the largest in the world and has hubs in London, Chicago, Houston and Singapore.
Roles and responsibilities
Each program is designed to give you maximum exposure to our supply and trading business. You will be working on projects with real impacts to our bottom line. You’ll be placed in a team that best matches your skillset and ambitions, and be an integral part of the team’s success.
Throughout, you will have on the job training as well as face to face and online learning to develop technical and soft skills. Alongside this, a graduate buddy will help you network and learn everything you need to perform in your role.
Our internships are designed for penultimate year students which means that when returning to university for your final year, you could have a graduate role lined up for the following year. You should be on track for a second uppers class honours degree (or equivalent) in any discipline plus a strong academic record. Beyond this, you’ll have drive, innovative thinking, entrepreneurial spirit and the ability to get on well with colleagues.
We’re offering talented students and recent graduates the opportunity to join our market analytics team as an intern for 12 months, and gain exposure to the world of supply and trading.
Our BP Supply and trading team is the commercial face of our global business – and as an intern, you’ll help translate what’s happening in the geo-political and market landscapes into monetized trading opportunities. Through on-the-job experience, face-to-face and online learning, you’ll gain exposure to the data and methodology employed in market analytics, learn more about regional oil markets and the underlying fundamentals and take part in challenging development projects – while gaining insights into the pillars of trading fundamental analysis.
These 10-12 week paid internships give you the opportunity to gain real business experience in the summer before your final year. And this may lead to an offer of a place on one of our graduate programmes.
An internship in marketing involves understanding the market related to a specific commodity or group of commodities through financial analysis and commercial research. There is a need to understand trade flows, market entry and exit points, review existing and future developments in key geographies in order for us to develop market strategies that would maximise commercial opportunities for our supply and trading business. Internship projects could be in areas of structured products marketing, fuels marketing or with our environmental products team.
The Analytics team use information flows and act as a subject matter experts for oil market fundamentals (including but not limited to refining margin and oil product yield drivers, supply outages, supply/demands, trade flows) that affect the refining and trading sectors. Joining Analytics will enable you to learn how to drive a common view product demands, across the commodity benches. Support the monitoring of refinery data and creating useful and insightful analysis across global trading books. Internship projects in Analytics would involve supporting analysis work for short to longer term market fundamentals for business origination and working closely with the bench analysts and traders.
Trading Operations is a commercial function responsible for providing deal management post trader execution. It ensures that all contractual and operational requirements are fully met. Sitting alongside Traders, the team manages the physical movements of oil and product cargos associated with the trades and directly contributes to the financial performance of our business. The team manages commercial relationships with terminals, surveyors and charterers across the region, ensuring product quality optimization and quantity control. Internship projects would provide interns with the opportunity to work on continuous improvement projects that would expose them to the daily activities of our Trading Operations team.
Finance and Risk
Commodity Risk is a critical control and reporting function within Finance & Risk. It supports the effective management of trading profit and loss and our exposure related to a specific commodity or group of commodities. The team interfaces with the trading benches and management to deliver financial discipline, value-added reporting and risk frameworks. Internship projects in Commodity Risk would allow interns to build a good understanding of how trading exposure and risk management works in our industry.
The supply and trading Credit Risk provides independent risk oversight of the counterparty risks inherent in trading activities, as well as risk analytics and advice on deal structuring and risk mitigation to support the business. We deploy quantitative tools and techniques to assess and measure the credit risks and work very closely with the internal functions within BP and external parties to deliver commercial goals. Internship projects will involve areas of work around performing risk quantification, analysis/review, monitoring and reporting and opportunities to participate in global and regional initiatives and projects.
The purpose of the Legal function is to provide legal services to the BP Group in order to maximize business opportunities and value and minimize business risks and liabilities. As trusted advisors, BP Legal lawyers are responsible for helping BP identify and address present and foreseeable challenges to its business. At BP, legal professionals work closely with commercial decision-makers to support them in responding quickly and effectively to the fast-changing energy industry. Internship projects in Legal would allow interns to gain an exposure in a professional legal environment through working very closely with the legal counsels to assist on a broad variety of legal matters, projects and research.
We have a continuing partnership with one of the leading law firms Baker & Mckenzie and Wong & Leow. Further information and application process for this joint internship can be found on Baker & Mckenzie website.
Application will open from 01 August 2019