1. Home
  2. Careers
  3. Jobs at bp
  4. Senior Counsel Financing- Refining & Products Trading, Europe & Africa

Senior Counsel Financing- Refining & Products Trading, Europe & Africa

Senior Counsel Financing- Refining & Products Trading, Europe & Africa

  • Location United Kingdom - South East - London
  • Travel required Negligible travel
  • Job category Legal Group
  • Relocation available No
  • Job type Professionals
  • Job code 136916BR
  • Experience level Senior
Apply Search all jobs at bp

Job summary

bp Trading & Shipping (T&S) is bp’s energy trading division, responsible for the physical and financial trading of oil, refined products, biofuels, gas, power, LNG and low carbon fuels. It is a friendly, exciting and dynamic organisation, and is bp’s face to the traded markets.

We wish to recruit a lawyer with experience in financing and/or commodity derivatives to join our legal team supporting Refining & Products Trading - Europe & Africa (which focusses on trading oil, refined products and biofuels). This includes the Marketing & Origination (who negotiate long term structured deals) and Structured Products teams (who provide risk management products to clients as part of day-to-day business and larger transactions including physical commodity and financial instruments).

About the job:

The successful candidate will have experience in financing transactions (for example, prepayments, pre-export finance, reserve-based lending, acquisition finance or project finance) and/or commodity derivatives. Be part of a diverse team, with the expectation that over time you'll gain experience advising across a number of the team’s other areas of accountability, including:

  • Day-to-day support for the operational aspects of physical commodity trading, including shipping, quantity and quality claims, demurrage, non-performance and other contractual issues;
  • Lower carbon activities, such as biofuels, circular economy and emission reduction projects;
  • Term deals for supply and purchase contracts of oil and refined products;
  • Disputes;
  • New technologies, such as supporting blockchain ventures;
  • Trade finance, such as receivables discounting;
  • Joint ventures, storage arrangements and new country access;
  • Anti-bribery and corruption, trade sanctions and competition law issues; and
  • Financial services regulation (although we have specific team members who lead in this area).
  • The individual will primarily support the Marketing & Origination team in BP’s trading business.

Further accountability will include providing broad commercial legal advice as necessary, working closely with traders and support functions including Credit, Tax, Treasury, Compliance and the Contracts team.

About you:

  • Qualified lawyer
  • Experience advising on financing transactions and/or commodity derivatives in private practice or in-house at a bank, trading house or energy company.
  • Strong interpersonal skills – capable of adopting a variety of styles to interact with clients on the trading floor and senior management to achieve the desired result.
  • Excellent oral and written communication skills.
  • Ability to work both autonomously and as a team player working in a global function.
  • Strong problem-solving skills, with the creativity to propose different options and build consensus.
  • Show integrity, courage and sound ethical judgment.
  • Experience of structured deals combining finance, offtakes and hedging would be an advantage.
  • Understanding of relevant regulatory context, such as MifiD II.

bp Trading & Shipping (T&S) is bp’s energy trading division, responsible for the physical and financial trading of oil, refined products, biofuels, gas, power, LNG and low carbon fuels. It is a friendly, exciting and dynamic organisation, and is bp’s face to the traded markets.

We wish to recruit a lawyer with experience in financing and/or commodity derivatives to join our legal team supporting Refining & Products Trading - Europe & Africa (which focusses on trading oil, refined products and biofuels). This includes the Marketing & Origination (who negotiate long term structured deals) and Structured Products teams (who provide risk management products to clients as part of day-to-day business and larger transactions including physical commodity and financial instruments).

Apply Search all jobs at bp