Trading Assistant/Deal Entry Analyst

Job summary

Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

bp is seeking a Trading Assistant/Deal Entry Analyst to join our team in Chicago! The Trading Assistant will be part of the front office commercial trading team and directly assist the Gasoline and Ethanol trade desks. The position will be primarily responsible for deal capture and deal entry for traders both in the system of record and the trader sheets. This role will also assist additional bench projects as requested.

This is a dynamic front office position with direct engagement with the trading bench, and can serve as a stepping-stone to a front-line trading role.

Key accountabilities

• Ensure system of record and trader sheets are promptly updated with new deals including the reconciliation of any discrepancies and follow through to resolution.
• Perform end of day reconciliation between system of record and trader sheets. Also ensure trader marks are properly loaded at end of day.
• Continuously explore and implement ways to improve current processes and ways of working on the trade desk.
• Ability to thoroughly understand and interpret the various deals transacted by the trading team and to question any details that do not look accurate, ensuring BP complies with regulatory deal entry requirements, e.g. timely deal entry and resolution of issues preventing data flow for reporting requirements.
• Ensure deal entry metrics remain in line with metric expectations, and record explanations as to any deal entry errors.
• Maintain up-to-date procedures and capture these in the desk manual.
• Act as point of contact for any issues or questions that arise from middle or back office related to deals on the bench.

Essential experience and job requirements

• Bachelor’s degree or equivalent experience
• Knowledge of trading deals and commercial terms
• Ability to work under pressure with specified timelines and due dates
• Strong Microsoft Excel skills
• Ability to manage competing priorities
• Strong interpersonal and communications skills
• Ability to improve efficiency and reduce complexity through process improvements
• Self-motivated and detail oriented
• Bias towards open thinking and learning
• Good documentation and organizational skills
• Strong negotiations skills
• Willingness to foster a safe and compliant work environment

Why join bp

How much do we pay (Base)? ($85,000– $95,000) *Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

This position is eligible for US Benefits – Core. This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. To learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at Core U.S. Benefits. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more by visiting Core U.S. Benefits!

We offer a reward package to enable your work to fit with your life! These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits include a pension for eligible employee. Learn more about our generous benefits at Core U.S. Benefits.

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:

Agreements and negotiations, Analytical Thinking, Commercial Acumen, Continued Learning, Customer service delivery excellence, Developing and implementing strategy, Influencing, Internal alignment, Listening, Negotiating value, Partner relationship management, Presenting, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Writing skills

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.