Job summary
Entity:
Finance
Job Family Group:
Finance Group
Job Description:

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat, and mobility to millions of people every day. We are one of the very few companies equipped to solve some of the big sophisticated challenges that matter for the future. We have a real contribution to make to the world's ambition of a low-carbon future. Join us and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner and help the world get to net zero.

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

We are seeking a highly skilled and experienced Credit Risk Senior Analyst to join our team. The ideal candidate will have a strong background in credit risk analysis, particularly within the commodities or oil sector. This role involves evaluating and handling the credit risk of our clients and counterparties, ensuring robust risk management practices, and contributing to the overall financial stability of the organization.

This role supports our global businesses, and hence the appropriate working hours are required.

Key Accountabilities
Credit Risk Assessment:
Conduct in-depth credit risk assessments of clients and counterparties within our industry.
Analyze financial documents, market conditions, and industry trends to resolve creditworthiness.
Build and maintain credit risk models and scoring systems tailored to the oil sector.
Risk Mitigation:
Recommend credit limits and risk mitigation strategies based on thorough analysis.
Monitor and report on the credit exposure of the company to various clients and counterparties.
Propose and implement measures to minimize potential credit losses.
Data Analysis and Reporting:
Perform detailed analysis of credit risk data to identify trends and emerging risks.
Prepare comprehensive risk reports and present findings to senior management.
Ensure compliance with regulatory requirements and internal risk policies.
System Support and knowledge:
Understand related ERP systems and support ERP improvements and developments;
Support and drive GBS and Business related projects;

Qualification & Experience

Bachelor's degree in Finance, Economics, Business, or related field; Master's degree or professional certification (e.g., CFA, FRM) is a plus.
Proven experience in credit risk analysis.
Solid understanding of credit risk models, methodologies, and regulatory requirements.
Proficiency in data analysis tools and software (e.g., SQL, Excel, SAS,)
Excellent analytical, problem-solving, and decision-making skills.
Effective communication and social skills.

Skills and competencies

Good interpersonal, influential and decision-making skills in order to manage and maintain good relationships with key partners.
Able to deal with sophisticated situations while maintaining the right balance of customer and business focus
Able to consistently review and adapt approach and style to meet constantly evolving requirements.
Able to handle conflicting work issues and deadlines to ensure results are met and knows when to call out urgent matter on timely manner.
Able to prioritise, handle urgent issues and situations, following through to resolution in a timely manner and focusing efforts to deliver business value, raising properly if needed
Able to produce consistently high quality information within tight deadlines
Being able to work under fast paced environment
Detail oriented

Travel Requirement

No travel is 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:
Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Accounting processes and financial systems, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial accounting and reporting, Influencing, Internal control and compliance + 4 more
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.

Skills: Data Analysis, Sql, Excel, Sas, Risk Mitigation, Credit Management

Experience: 0.00-2.00 Years