CDD Senior Analyst

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

The Counterparty Due Diligence (CDD) Analyst is responsible for ensuring CDD operations, both onboarding & ongoing counterparty due diligence activities are conducted in accordance with the requirements of the CDD Practice for bp business, including the requirement to observe all data privacy regulations and the need to maintain a detailed audit trail for all decisions and controlled document retention

Process Leadership

• Understand and operate the CDD process, to ensure accurate and timely delivery of onboarding and ongoing due diligence services in accordance with SLAs. Monitor assigned queues in the CDD tool and prioritize workload.

• Conduct on demand CDD screening for bp counterparties in accordance with the CDD process.
• Supervise the continuous monitoring reports for new matches
• Instigate follow-up reviews at frequencies determined by the risk rating for the counterparties or agents
• Review any matches to establish validity and, if appropriate, recommend next steps which may include moving to a higher level of rigor, or raise – include recommendations on action based on precedents
• Ensure that the rationale for all decisions is annotated as needed in the CDD tool
• Compile as appropriate and send CDD request forms to counterparties as required, as well as analyzing subsequent responses and propose the appropriate risk level to be assigned.
• Draft any mitigating actions to be sent to BP business requesters.
• Securely store all information in accordance with the requirements of the CDD Practice and policy ensuring compliance with any data privacy requirements
• Provide subject matter expertise for the CDD process to requestors to ensure that the appropriate level of rigor is applied to CDD.
• Participate in periodic reviews of the CDD process with fellow practitioners and subject matter experts from Ethics & Compliance, Legal, etc.
• Ensure Compliance to CDD policy and procedures.
• Ensure counterparty data integrity in the systems is preserved and improved in line with CDD policy and procedures.
• Any other duties as assigned by management from time to time.
• Complete organizational strategy and support process improvement initiatives

Process and Data Integrity

• Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

Health, Safety, Security and Environment (HSSE)

• Align with all company’s Health, Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager
• Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health & Safety issues, and contribute to successful implementation of HSSE programmes and initiatives Follow up with business when required (for raised cases) to better understand context and gathers additional information from business where required.

• Bachelor’s degree or equivalent experience in Business, Finance, Accounting, or related field; or professional certification such as ACAMS or ICA.
• Working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.
• Understand Anti Money Laundering and Anti Bribery & Corruption requirements and ensure compliance
• Excellent written and oral communication skills in English
• Strong partner leadership skills
• A proactive and dynamic approach
• Managing internal and external partners in different countries and across all segments

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

At bp, we support our people to learn and grow in a diverse and ambitious 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.

Disclaimer: Please note that, according to Hungarian law (2012/I. 113. §), mothers or single parents caring for a child under three years of age cannot be employed in night shift positions.

Possibility to join our social communities and networks

Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

Apply via "Jelentkezem" button underneath!