Commodity Risk Lead

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry. We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

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.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

• Creation and delivery of high quality, insightful, value added, and automated management information.
• Responsible for bringing transparency to deal structures and explaining financial impacts in operational terms.
• Ensure timely validation of new business to ensure that deals are accurately represented in the system.
• Validation and analysis of prices and curves
• Ensure market data integrity with reference to price series and forward curves, pricing calendars and expiry tables in the systems
• Ensure accurate delivery of independent exchange-related activities, analysis of exchange trades with a lens of risks involved and accurate forecast of cash required for exchange trading
• Validate deal level MTM, exposure and P&L.
• Accurately validate, monitor, and manage ancillaries costs and related P&L daily
• Support regional and global process standardization initiatives.
• Support monthly close activities

• Bachelor’s Degree (preferably in finance, economics, business) or equivalent experience from fields of Finance or Trading may be considered
• Number of relevant years of experience
• Fluency in English
• Technical skills such as PowerBI could be an advantage
• Proficient at identifying basic risk mitigation strategies and
• Able to drive commercial focus and analyze exposures
• Being 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 essential to this role.

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Flexible working schedule: home office up to 2 days / week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• 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