Are you looking for a career in law that truly helps make the world a better place? bp is moving through the biggest transition in its 100+ year history with the goal of becoming one of the world’s largest renewable energy providers and achieving net zero carbon emissions by 2050.
About the role
To help make this transition, we're hiring an experienced attorney to provide legal support to our Trading and Shipping’s refining and product trading Americas business unit with responsibility for counseling, drafting, negotiating, and providing other transactional and regulatory support to the environmental products and trading, oil and refined products business lines.
Knowledge of, or ability to quickly learn, refining, storage, transportation, logistics, production basins, downstream markets, market participants, market dynamics, commonly used trading forms and general terms, and regulation of crude oil and refined products in the US;
Drafting and negotiating physical and financial purchase and sale agreements (whether custom, tenders, general terms or master trading agreements) for crude oil and refined products;
Reviewing, drafting, and negotiating credit support arrangements such as guarantees, credit support annexes, letters of credit, master netting agreements, and security agreements;
Drafting and negotiating business development transactions, including storage agreements and supply and offtake transactions; and
Advising as to the relevant laws and regulations applicable to environmental, oil and petroleum product transactions, including international trade and marine issues, trade sanctions, anti-bribery and corruption, anti-money laundering, Incoterms, guarantees and letter of credits.
You'll be a licensed attorney in good standing in any U.S. state and, if applicable, willing and able to obtain licensure under Illinois law for in-house counsel. You'll bring a minimum of 4 years of proven experience providing client counseling, negotiating and drafting, preferably with (a) the trading and marketing of environmental products, crude oil, and/or refined products, and (b) complex structured transactions, and including:
A strong grasp of the applicable regulations and sensitivities regarding crude and refined products and environmental products trading;
Good command of UCC Article 2;
A consistent record of commercial awareness and of high-quality contribution to business strategy and delivery;
Highest professional and ethical standards and a strong commitment to safety and compliance; and
Drive, dedication, bias for action, humility, creativity, and a collaborative and encouraging temperament.
Commodity-specific regulatory knowledge (FERC, CFTC, RFS, CARB, MARPOL, etc.)
Familiarity with anti-bribery and corruption, anti-money laundering, export control, antitrust, environmental, and other laws or regulations relevant to international transactions
Knowledge of INCOTERMS, maritime law, chartering, or other key aspects of waterborne transactions
Ability to review and comment on environmental products regulations and rulemaking.
Knowledge of creditor rights, UCC Article 9 and/or bankruptcy laws
Knowledge of trade finance
International and/or cross-business experience