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Senior Valuation Analyst

Senior Valuation Analyst

  • Location United States of America - Texas - Houston
  • Travel required Negligible travel should be expected with this role
  • Job category Finance Group
  • Relocation available This role is not eligible for relocation
  • Job type Professionals
  • Job code RQ085982
  • Experience level Intermediate
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Job summary

Entity:

Finance


Job Family Group:

Finance Group


Job Description:

About the Role

The Valuations Team within BP’s Trading and Shipping - North America Gas and Power (NAGP)  Commodity Risk / Product Control group is a key middle-office, risk, and financial controls function accountable for ensuring that trading and origination activities are conducted within a robust control framework. The Senior Valuations Analyst plays a key role in managing market data flows and reporting elements related to Independent Price Verification (IPV) processes and compliance with policies and authorities. The NAGP Valuations team’s primary focus is on the market data supporting the Natural Gas and Power trading business with some reach into NGLs and Environmental Products. 

The Senior Valuations Analyst delivers value-added analysis, research and technical development to enable and support tools which support the team's core accountability of delivering independent verification, control reporting and analysis of trading activities. The ideal candidate will have a strong background in Energy Commodity Trading and Risk functions with experience working in Energy Trading and Risk Management (ETRM) systems. 

Accountabilities

  • Project Manage the development and enhancements needed to improve and maintain Valuation Team’s key reporting tools

  • Develop and support tools and applications to support the Valuation Team’s daily activities Ensure BP valuation inputs are accurate via Independent Price Verification processes

  • Ensure market data is accurately and efficiently processed into Asset Control and various Risk Systems/ETRMs

  • Provide support of new business activity

  • Collaborate closely with finance, risk and front office teams

  • Actively engage with global teams, ensuring proper handoffs between regions

  • Support regional and global process standardization initiatives

  • Support monthly close activities

Essential Education & Experience

  • Bachelor’s Degree or equivalent experience

  • Ideal candidates will have relevant education with at least 5-7 years of finance, risk or similar experience.

  • Proficient at identifying basic risk mitigation strategies and can drive commercial focus, analyze exposures and be a strategic member of our finance team.

  • Knowledgeable about the external environment in which the business operates and being able to assess and challenge its impact on the business risk matrix is crucial to this role.

  • Possess programming skills and understand energy trading markets and instruments would be highly beneficial.

  • Suggested Technology Experience: ENDUR, SQL, Dataiku, Python, PowerBI, Microsoft Excel and Visual Basic (preferred)

Why join us

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Travel Requirement

Negligible travel should be expected with this role


Relocation Assistance:

This role is not eligible for relocation


Remote Type:

This position is a hybrid of office/remote working


Skills:

Analytical Thinking, Commercial Acumen, Commodity Risk Management, Communication, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Group Problem Solving, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Resilience, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading knowledge


Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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