1. Home
  2. Careers
  3. Jobs at bp
  4. Structurer

Structurer

Structurer

  • Location Singapore - Singapore
  • Travel required Negligible travel should be expected with this role
  • Job category Supply & Trading Group
  • Relocation available This role is not eligible for relocation
  • Job type Professionals
  • Job code RQ073007
  • Experience level Intermediate
Apply Search all jobs at bp

Job summary

Entity:

Trading & Shipping


Job Family Group:

Supply & Trading Group


Job Description:

The Trading Analytics & Insights team sits within the front office, and is responsible for providing a broad range of analytical support that directly supports our energy commodities trading activity. Within Trading Analytics & Insights, the Structuring team is responsible for providing structuring support to Oil, Gas & Power, Low Carbon, and LNG businesses.

An opportunity is currently available for a Structurer to join the team and provide deal structuring expertise to the LNG Business. Structurers are primarily responsible for a) working proactively with traders, originators, and business functions in analysing and developing structures, b) developing and improving valuation and hedging models of energy assets and exotic structured transactions, and c) assisting in the structuring and valuation of deals by understanding and quantifying the embedded optionality, risks, and relevant value drivers.

Key Responsibilities

Physical and Financial products valuation

  • Design and improve physical and financial products valuation models and techniques.
  • Maintain knowledge of industry standard models and methods and calibrate models and evaluate deals.
  • Understand models’ strengths and limitations and practical application.

Communicate results to traders, origination and other analysts.

  • Offer commercial insight into the valuation process, devising and advocating alternate deal structures to enhance value for the business.
  • Able to defend the results and incorporate relevant feedback.
  • Able to explain structured transactions in basic components.

Work with wider commercial team and functions

  • Develop approaches to value/assess non-standard or non-price risks imbedded in transactions on the go.
  • Assist mid and back office personnel in understanding of proposed deals and develop a collaborative relationship around the booking/modelling of live deals within the middle office and risk systems.
  • Work with relevant parties to identify and quantify both market and non-market risks and assist proposing hedging and other mitigations if available.

Essential Education, Experience and Job Requirements

  • Degree level qualifications in a numerate subject (e.g. mathematics/ economics/ physics/ engineering or similar)
  • Strong quantitative skills including derivatives and statistics knowledges.
  • Exposure to deal structuring and valuation on financial products or long term structured transactions.
  • Good understanding of the key elements of the value chain and key drivers setting market prices, spreads and non-linear product pricing.
  • Ability to develop/ refine tools/complex models. High attention to detail to ensure robust and reliable analysis.
  • Clear and succinct communication skills in order to explain impact on deal value of price changes (level, spreads and dynamics) as well as valuation assumptions and hedging strategies.
  • Confidence to challenge assumptions and offer practical solutions.
  • Good interpersonal skills to develop and maintain collaborative relationships within the structuring team as well as with stakeholders across the business.
  • Ability to identify and prioritize potential opportunities and to act quickly and decisively.

Desirable criteria and qualifications

  • Postgraduate qualification in a finance or quantitative area. Programming or data analytic skills (e.g. C++, Python, dataiku) will be a plus.
  • Strong experience in managing exposure and valuation of oil, LNG or power sales and purchase agreements, physical assets and structured transactions, such as pipelines, storage, power plants, and exotic options.

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, paid parental leave policy 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:

Agility core practices, Analytical Thinking, Computational Thinking, Continuous Learning, Data Analysis, Data cleansing and transformation, Data Management, Data Sourcing, Data visualization and interpretation, Dialogue enablement, Exposure Management, Machine Learning, Macroeconomics, Market analysis methods, Market Risk Management, Statistics, Trade execution and management, Trading Fundamentals, Sentiment and Trends, 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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.

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.

Apply Search all jobs at bp