Career Quantitative Analyst - London Energy Aspects Onsite/Remote / London, GB / England, GB Applyfor this job Job Type: Full-Time Function: Business Intelligence Industry: Business Services Post Date: 12/05/2023 Website: Company Address: Level 32, 25 Canada Square, Canary Wharf, London, GB, E14 5LQ About Energy Aspects Energy Aspects is a research consultancy providing analysis of energy markets. We offer our clients in-depth coverage of market fundamentals, price movements and the geopolitical context. All of our research is independent and draws on our extensive proprietary data models and network of contacts within the global oil and gas industry. Job Description Energy Aspects is seeking a Quantitative Analyst to join our newly formed derivatives analytics team. This is a fantastic opportunity for an analyst with a solid technical background and commercial outlook to be part of our successful growth story. The successful candidate will quickly take on a range of responsibilities and will contribute to the full life cycle of our work, from original quantitative research development, building and maintaining models, carrying out detailed analysis, delivering compelling market coverage, and delivering our core views to clients. The position will be responsible for preparing and contributing to our publications, with a focus on the paper side of commodity markets. This will involve you carrying out a comprehensive analysis of futures market pricing developments, futures and options participant flows and positioning analysis, and integrating this with our wider global analysis to create forward-looking tradeable views. You will be expected to consistently produce high standard deliverables to tight deadlines, meeting the needs of our demanding client base. We pride ourselves on the quality and accuracy of our premium research. This position will require flexibility and the drive to go beyond the core hours when needed, ensuring we all fulfil our goals. All team members are encouraged to build their professional reputation within the industry and are supported by some of the most well-regarded energy sector thought-leaders. You will be able to work independently, as well as be capable of planning and prioritising to achieve success. In exchange, we offer excellent remuneration, a high-performance culture, with challenging and exciting work. Duties Preparing and contributing to many of our publications. Modelling commodity futures/options market participants. Modelling market impact of key commodity price drivers. Building and maintaining datasets and code base. Requirements Minimum Master's degree in a quantitative field (Mathematics, Physics, Computer Science, Engineering, Economics, Finance). Excellent programming skills in Python / R and strong familiarity with numeric libraries and methods. Strong expertise in time series analysis (financial econometrics and/or ML). Good communicator and synthesiser of complex material (written and spoken). Core data science and data management skills. Cleaning, processing, merging and presenting. Ability to work independently to solve technical challenges with practical problem-solving skills, to tight deadlines. Desirable skills Foreign Exchange or Interest rates experience. Experience working with financial data and financial derivative products. Experience producing dashboards (Plotly Dash / Shiny) or other data visualisation methods. Interest in wider financial markets and global economics. About us Founded in 2012, we are an independent research consultancy that has enjoyed phenomenal growth since our inception, and we have very ambitious plans to continue our upwards growth trajectory. We are passionately committed to providing indispensable and industry-leading short, medium and long-term analysis, and forecasts of the energy markets, that helps our clients trade, invest, finance and plan. Energy Aspects prides itself in the quality of its work and draws on a wide range of competencies to derive its views. The company is staffed with experts in upstream production, trading and econometric forecasting. It has always maintained a key focus on the geopolitics of the energy industry and the impacts they can have in shaping global markets. The company has in recent years acquired several firms to enhance its position in energy market consultancy including Medley Global Advisors (2020), OilX (2022) and INAS (2023) bringing additional expertise in macro trends, oil market data and paper positioning into the group. The company is also growing its offering to clients on the energy transition providing the tradeable insights on long-term trends. Culture & benefits With accreditation from Best Companies, we understand the importance of workplace engagement and holding sincere appreciation for our team. Our environment is characterised by its fast-paced, driven, collaborative, and dynamic ethos. Recognising and rewarding contributions that have played a part in our remarkable journey of growth. Joining Energy Aspects, you become a part of our vibrant and sociable team. Here, you'll have the opportunity to participate in activities, from running and five-a-side football to joining our lunch gatherings and brand-new Chess club. Our in-house bar, the Nodding Donkey, offers a casual setting for Friday afternoon unwinding. Located in Canary Wharf with convenient access around London, our location offers nearby amenities such as shopping, gyms, dining, and lively bars. We provide daily refreshments, including fruit, hot drinks, snacks, and the expert services of an in-house barista twice a week, along with occasional exotic treats inspired by our global adventures. Our compensation packages encompass a yearly bonus, participation in a company share options scheme, private health insurance, life assurance, income protection, pension contributions, subsidised gym memberships, and holiday allowance. Energy Aspects is proud to be an equal opportunity employer and promotes diversity within its workforce. As an international business we are determined that suitably qualified persons will never receive less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race, veteran status or any other basis covered by appropriate law.
Jan 25, 2024
Full time
Career Quantitative Analyst - London Energy Aspects Onsite/Remote / London, GB / England, GB Applyfor this job Job Type: Full-Time Function: Business Intelligence Industry: Business Services Post Date: 12/05/2023 Website: Company Address: Level 32, 25 Canada Square, Canary Wharf, London, GB, E14 5LQ About Energy Aspects Energy Aspects is a research consultancy providing analysis of energy markets. We offer our clients in-depth coverage of market fundamentals, price movements and the geopolitical context. All of our research is independent and draws on our extensive proprietary data models and network of contacts within the global oil and gas industry. Job Description Energy Aspects is seeking a Quantitative Analyst to join our newly formed derivatives analytics team. This is a fantastic opportunity for an analyst with a solid technical background and commercial outlook to be part of our successful growth story. The successful candidate will quickly take on a range of responsibilities and will contribute to the full life cycle of our work, from original quantitative research development, building and maintaining models, carrying out detailed analysis, delivering compelling market coverage, and delivering our core views to clients. The position will be responsible for preparing and contributing to our publications, with a focus on the paper side of commodity markets. This will involve you carrying out a comprehensive analysis of futures market pricing developments, futures and options participant flows and positioning analysis, and integrating this with our wider global analysis to create forward-looking tradeable views. You will be expected to consistently produce high standard deliverables to tight deadlines, meeting the needs of our demanding client base. We pride ourselves on the quality and accuracy of our premium research. This position will require flexibility and the drive to go beyond the core hours when needed, ensuring we all fulfil our goals. All team members are encouraged to build their professional reputation within the industry and are supported by some of the most well-regarded energy sector thought-leaders. You will be able to work independently, as well as be capable of planning and prioritising to achieve success. In exchange, we offer excellent remuneration, a high-performance culture, with challenging and exciting work. Duties Preparing and contributing to many of our publications. Modelling commodity futures/options market participants. Modelling market impact of key commodity price drivers. Building and maintaining datasets and code base. Requirements Minimum Master's degree in a quantitative field (Mathematics, Physics, Computer Science, Engineering, Economics, Finance). Excellent programming skills in Python / R and strong familiarity with numeric libraries and methods. Strong expertise in time series analysis (financial econometrics and/or ML). Good communicator and synthesiser of complex material (written and spoken). Core data science and data management skills. Cleaning, processing, merging and presenting. Ability to work independently to solve technical challenges with practical problem-solving skills, to tight deadlines. Desirable skills Foreign Exchange or Interest rates experience. Experience working with financial data and financial derivative products. Experience producing dashboards (Plotly Dash / Shiny) or other data visualisation methods. Interest in wider financial markets and global economics. About us Founded in 2012, we are an independent research consultancy that has enjoyed phenomenal growth since our inception, and we have very ambitious plans to continue our upwards growth trajectory. We are passionately committed to providing indispensable and industry-leading short, medium and long-term analysis, and forecasts of the energy markets, that helps our clients trade, invest, finance and plan. Energy Aspects prides itself in the quality of its work and draws on a wide range of competencies to derive its views. The company is staffed with experts in upstream production, trading and econometric forecasting. It has always maintained a key focus on the geopolitics of the energy industry and the impacts they can have in shaping global markets. The company has in recent years acquired several firms to enhance its position in energy market consultancy including Medley Global Advisors (2020), OilX (2022) and INAS (2023) bringing additional expertise in macro trends, oil market data and paper positioning into the group. The company is also growing its offering to clients on the energy transition providing the tradeable insights on long-term trends. Culture & benefits With accreditation from Best Companies, we understand the importance of workplace engagement and holding sincere appreciation for our team. Our environment is characterised by its fast-paced, driven, collaborative, and dynamic ethos. Recognising and rewarding contributions that have played a part in our remarkable journey of growth. Joining Energy Aspects, you become a part of our vibrant and sociable team. Here, you'll have the opportunity to participate in activities, from running and five-a-side football to joining our lunch gatherings and brand-new Chess club. Our in-house bar, the Nodding Donkey, offers a casual setting for Friday afternoon unwinding. Located in Canary Wharf with convenient access around London, our location offers nearby amenities such as shopping, gyms, dining, and lively bars. We provide daily refreshments, including fruit, hot drinks, snacks, and the expert services of an in-house barista twice a week, along with occasional exotic treats inspired by our global adventures. Our compensation packages encompass a yearly bonus, participation in a company share options scheme, private health insurance, life assurance, income protection, pension contributions, subsidised gym memberships, and holiday allowance. Energy Aspects is proud to be an equal opportunity employer and promotes diversity within its workforce. As an international business we are determined that suitably qualified persons will never receive less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race, veteran status or any other basis covered by appropriate law.
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job AdvertRegulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job AdvertRegulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities: Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business Daily reporting of regulatory capital requirements and escalation of any necessary interventions Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting Coordination of ARCs response to regulatory surveys Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills An ability to read complex legal or regulatory documents and distil the information into key relevant points An ability to work across functions with ease Excellent planning and coordination skills to ensure efficient execution of interventions An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location 3 days office based 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BPs Trading & Shipping (T&S) is an integrated world-class trading organization that links together BPs trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities: Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business Daily reporting of regulatory capital requirements and escalation of any necessary interventions Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting Coordination of ARCs response to regulatory surveys Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills An ability to read complex legal or regulatory documents and distil the information into key relevant points An ability to work across functions with ease Excellent planning and coordination skills to ensure efficient execution of interventions An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location 3 days office based 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BPs Trading & Shipping (T&S) is an integrated world-class trading organization that links together BPs trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job AdvertRegulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile SummaryGrade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job AdvertRegulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. EntityFinance Job Family GroupFinance Group Relocation availableNo Travel requiredNegotiable Time TypeFull time CountryUnited Kingdom About BPFINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimerWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
Dec 19, 2022
Full time
Job Profile Summary Grade HRPTE and GPTI trade through several regulated entities in the UK and Europe. The governance of these entities in accordance with the rules and regulations laid out by the regulatory bodies e.g., the FCA, is critical and rule breaches could have serious implications.The stewardship of regulated entities is a cross functional activity spanning E&C, Legal, Treasury and ARC working together to ensure compliance.Compliance requires daily proactive management; ARC play a key role in this as they report the financial metrics against which the regulated entities are assessed. Key metrics include net assets, gross assets, gross liabilities, regulatory capital, as well as numerous risk factors. All these metrics contribute to how the entity is managed and can give rise to interventions to ensure that not only are the entities compliant with regulations, but the regulatory status of the entity remains optimal.The changing landscape, such as increased market volatility, changing regulations, increased reporting demands and changes within our own business have increased the complexity associated with managing our regulated entities and has resulted in the need for additional support within the ARC team.Our existing reporting is also excel based and a key activity of this new role will be to optimise the reporting tools, ultimately producing a dashboard that is completely linked to source systems.Key responsibilities:• Working closely with the Legal and E&C team to stay abreast of the regulatory landscape, ensuring that T&S are prepared far in advance of any changes that could affect the business• Daily reporting of regulatory capital requirements and escalation of any necessary interventions• Monthly reporting of key financial metrics and preparation for the monthly stewardship meeting• Coordination of ARC's response to regulatory surveys• Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers• Transformation of the reporting tools, moving away from excel spreadsheets onto more up-to-date applications to improve efficiency and control• Development of a regulated entity executive dashboard to enhance insights into the status of our regulated entities and internal reporting capabilityDesirable skills• An ability to read complex legal or regulatory documents and distil the information into key relevant points• An ability to work across functions with ease• Excellent planning and coordination skills to ensure efficient execution of interventions• An ability to interrogate SAP and middle office systems to facilitate daily / monthly reporting • Proficient with new tools such as Power BI or, at the very least, a strong desire and aptitude to learn these new skills at the outset - transformation will be a key part of this role Job Advert Regulatory Accountant, Gas, and power trading international Location - 3 days office based - 2 days working from home The world is changing fast, and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances, and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for hardworking, committed and results-oriented people to help us shape the face of energy for the future. BP's Trading & Shipping (T&S) is an integrated world-class trading organization that links together BP's trading and supply activities in oil, power, gas, petrochemicals, finance and shipping in order to build trading capability and capacity, particularly through people and systems. As a trading organization BP has several regulated entities in the UK and Europe (Spain). The governance of these entities is set out by regulatory bodies such as the FCA. In the position of Regulatory Accountant your role will be responsible for processes and controls in place to ensure compliance with the regulatory requirements as set out by the relevant regulators. It is essential that you have solid accounting knowledge and experience as you will need to use this to work with other team members. Key accountabilities Daily reporting of regulatory capital requirements and escalation of any necessary interventions (K-Factors) Monthly reporting of key financial metrics including commentaries to explain any material variances Preparation for the monthly regulated entities stewardship meeting Submission of surveys to regulatory bodies such as the FCA, ONS and OFGEM. Coordination of any interventions that have been decided across ARC, Treasury and GBS such as equity injections, dividends, cash transfers Transformation of the reporting tools, moving away from excel spreadsheets onto Power BI to improve efficiency and control Close collaboration with teams within the T&S business to implement best practice First point of contact for internal and external audit teams in respect of queries for the regulated entities Essential Experience/Job Requirements Qualified accountant (or part qualified) with Regulatory accounting experience (CRD IV - ICAAP, IFPR - ICARA/K-factor calculations) Excellent systems skills particularly Microsoft Excel and Power BI Experience using accounting systems such as SAP (other recognized alternatives would be acceptable) Demonstrated experience of automation of existing manual processes Ability to work within a very deadline orientated environment with strong attention to detail Strong level of analytical skills, numeracy, and strong financial understanding High level of communication skills and ability to present information. One Team mentality Desirable Experience Spanish speaker or knowledge of Spanish accounting principles We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Entity Finance Job Family Group Finance Group Relocation available No Travel required Negotiable Time Type Full time Country United Kingdom About BP FINANCE Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work. For you this means working with us on: Compliance - efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by robust control environment across all three lines of defence. Stewardship - laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market. Performance - facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities. Transformation - driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost-performance. Legal disclaimer We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.
World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator /Confirmations Analyst for the Derivatives Team on a 12 month temp to perm basis.The primary focus of this position will be to support OTC Derivatives activities, so some experience in the Derivs space would be advantageous.The Role:• Provide pre and post deal commercial values driven advice and support to the business.• Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose.• Provide oversight of the confirmations processes and adherence to EMIR and internal KPIs.• Provide advice and help in resolving contractual disputes with counterparties, liaising with corporate legal counsels as necessary.• Prepare ad hoc agreements needed to facilitate new business and structured transactions.• Assist in maintaining a contract and clause database, as well as manage an efficient status reporting mechanism.• Oversight of SOX Controls related to derivatives, driving improvements and ensuring compliance with GRA and external audit requirements• Assist in refining/revising current contracts processes in line with those of other functions (e.g. Settlements) to reduce profit leakage and ensure optimal efficiency.• Close collaboration with the Global Contracts Regulatory Reporting teamThe Candidate:• Must have a good commercial mindset.• Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders to a contract.• Must have the ability to prioritise work load while adhering to tight deadlines.• Should be meticulous with a keen eye for detail.• Comfortable working in a fast-paced and challenging environment.• An understanding of energy/commodity trading would be beneficial.• Knowledge of EMIR regulations.• Familiarity with ISDA agreements, CSA & VMCSA, Brokerage Agreements and other Master and long form agreements associated with financial trades highly desirableThis needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely.We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.
Dec 17, 2022
Full time
World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator /Confirmations Analyst for the Derivatives Team on a 12 month temp to perm basis.The primary focus of this position will be to support OTC Derivatives activities, so some experience in the Derivs space would be advantageous.The Role:• Provide pre and post deal commercial values driven advice and support to the business.• Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose.• Provide oversight of the confirmations processes and adherence to EMIR and internal KPIs.• Provide advice and help in resolving contractual disputes with counterparties, liaising with corporate legal counsels as necessary.• Prepare ad hoc agreements needed to facilitate new business and structured transactions.• Assist in maintaining a contract and clause database, as well as manage an efficient status reporting mechanism.• Oversight of SOX Controls related to derivatives, driving improvements and ensuring compliance with GRA and external audit requirements• Assist in refining/revising current contracts processes in line with those of other functions (e.g. Settlements) to reduce profit leakage and ensure optimal efficiency.• Close collaboration with the Global Contracts Regulatory Reporting teamThe Candidate:• Must have a good commercial mindset.• Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders to a contract.• Must have the ability to prioritise work load while adhering to tight deadlines.• Should be meticulous with a keen eye for detail.• Comfortable working in a fast-paced and challenging environment.• An understanding of energy/commodity trading would be beneficial.• Knowledge of EMIR regulations.• Familiarity with ISDA agreements, CSA & VMCSA, Brokerage Agreements and other Master and long form agreements associated with financial trades highly desirableThis needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely.We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.
Exciting opportunity for a leading Energy Trading company are looking for a Commercial Analyst to join their Biogas and Power team. The position has opened up as the team's work load is growing and the current team member is taking on more responsibilities within operations and logistics. The environment is fast-paced Front Office trading and you can pick up skills such as coding through the work that you do for the company. Every day is different is the right environment for someone who is motivated to work hard and be rewarded for it with an increase in responsibilities and potential bonuses. The environment is less hierarchy based than a traditional oil and gas, you will get the opportunity to work closely with Traders and senior colleagues. The company are willing for someone to carve out their own role to a degree and everyone is very open in terms of learning and teaching new team members. The current CA roles open are: Gasoline Processing Distillates LNG Nat Gas Carbon/biogas Crude Responsibilities: - Mornings are typically dedicated to PnL checks, afternoons are usually consisted of ad-hoc requests from traders - such as market analysis or reports - The role includes lots of running excel spreadsheets to then present to the Traders - A lot of PnL analysis, speaking to accountants day to day, close out the month PnLs,- working out budgets - Managing a high volume of emails and working to tight deadlines - The company uses a bespoke system that holds all the trades Skills and Requirements: - Ideally 2 years' experience within a similar Commercial Analyst role within Energy Trading - Excel skills are a must have, ideally VBA skills but beginner is okay if you are willing to improve - Python skills are a plus but not a must have - they have a team dedicated to python modelling This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing
Dec 16, 2022
Full time
Exciting opportunity for a leading Energy Trading company are looking for a Commercial Analyst to join their Biogas and Power team. The position has opened up as the team's work load is growing and the current team member is taking on more responsibilities within operations and logistics. The environment is fast-paced Front Office trading and you can pick up skills such as coding through the work that you do for the company. Every day is different is the right environment for someone who is motivated to work hard and be rewarded for it with an increase in responsibilities and potential bonuses. The environment is less hierarchy based than a traditional oil and gas, you will get the opportunity to work closely with Traders and senior colleagues. The company are willing for someone to carve out their own role to a degree and everyone is very open in terms of learning and teaching new team members. The current CA roles open are: Gasoline Processing Distillates LNG Nat Gas Carbon/biogas Crude Responsibilities: - Mornings are typically dedicated to PnL checks, afternoons are usually consisted of ad-hoc requests from traders - such as market analysis or reports - The role includes lots of running excel spreadsheets to then present to the Traders - A lot of PnL analysis, speaking to accountants day to day, close out the month PnLs,- working out budgets - Managing a high volume of emails and working to tight deadlines - The company uses a bespoke system that holds all the trades Skills and Requirements: - Ideally 2 years' experience within a similar Commercial Analyst role within Energy Trading - Excel skills are a must have, ideally VBA skills but beginner is okay if you are willing to improve - Python skills are a plus but not a must have - they have a team dedicated to python modelling This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing
World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator/Confirmations Analyst for the Derivatives Team on a 12 month temp to perm basis. The primary focus of this position will be to support OTC Derivatives activities, so some experience in the Derivs space would be advantageous. The Role: Provide pre and post deal commercial values driven advice and support to the business. Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose. Provide oversight of the confirmations processes and adherence to EMIR and internal KPIs. Provide advice and help in resolving contractual disputes with counterparties, liaising with corporate legal counsels as necessary. Prepare ad hoc agreements needed to facilitate new business and structured transactions. Assist in maintaining a contract and clause database, as well as manage an efficient status reporting mechanism. Oversight of SOX Controls related to derivatives, driving improvements and ensuring compliance with GRA and external audit requirements Assist in refining/revising current contracts processes in line with those of other functions (eg Settlements) to reduce profit leakage and ensure optimal efficiency. Close collaboration with the Global Contracts Regulatory Reporting team The Candidate: Must have a good commercial mindset. Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders to a contract. Must have the ability to prioritise work load while adhering to tight deadlines. Should be meticulous with a keen eye for detail. Comfortable working in a fast-paced and challenging environment. An understanding of energy/commodity trading would be beneficial. Knowledge of EMIR regulations. Familiarity with ISDA agreements, CSA & VMCSA, Brokerage Agreements and other Master and long form agreements associated with financial trades highly desirable This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.
Dec 16, 2022
World Leading Global Energy Trading Company has an exciting opportunity for a Contracts Coordinator/Confirmations Analyst for the Derivatives Team on a 12 month temp to perm basis. The primary focus of this position will be to support OTC Derivatives activities, so some experience in the Derivs space would be advantageous. The Role: Provide pre and post deal commercial values driven advice and support to the business. Advise traders of the commercial and contractual risk associated with their business and ensure that contracts/agreements drafted are fit for purpose. Provide oversight of the confirmations processes and adherence to EMIR and internal KPIs. Provide advice and help in resolving contractual disputes with counterparties, liaising with corporate legal counsels as necessary. Prepare ad hoc agreements needed to facilitate new business and structured transactions. Assist in maintaining a contract and clause database, as well as manage an efficient status reporting mechanism. Oversight of SOX Controls related to derivatives, driving improvements and ensuring compliance with GRA and external audit requirements Assist in refining/revising current contracts processes in line with those of other functions (eg Settlements) to reduce profit leakage and ensure optimal efficiency. Close collaboration with the Global Contracts Regulatory Reporting team The Candidate: Must have a good commercial mindset. Demonstrate effective negotiating skills and capable of managing the expectations of various stakeholders to a contract. Must have the ability to prioritise work load while adhering to tight deadlines. Should be meticulous with a keen eye for detail. Comfortable working in a fast-paced and challenging environment. An understanding of energy/commodity trading would be beneficial. Knowledge of EMIR regulations. Familiarity with ISDA agreements, CSA & VMCSA, Brokerage Agreements and other Master and long form agreements associated with financial trades highly desirable This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing.
Exciting opportunity for a Business Change/Business Analyst Power Transformation Programme to join this global Energy company. BackgroundThe team have embarked on a significant change programme, looking to improve the systems and processes for Energy Trading in the UK and Europe. They are looking for a talented Business Change/Business Analyst to join the Power Transformation Programme team to support the Power Operations business area with their large-scale business change aspirations to create a world class and fit for purpose Power (Electricity) business processes, enabling a significant scaling up of the business in line with growth ambitions.The ideal candidate will have a strong track record of working within the Energy Trading industry delivering complex business and technology projects. They will have experience of working within a fast-paced, commercial business team, leading the continuous improvement of both IT and business processes within a heavily regulated industry as well as strong Business Change skills. They will demonstrate deep understanding of Power assets including onboarding, management, optimizing and trading of assets of all classes as well as knowledge of the technical, commercial and data dimensions. In addition, there should be strong understanding related to the supply of Power customers either through direct sales or indirect sales via other group companies.The candidate will have knowledge of the end to end (E2E) energy trading deal lifecycle and will be able to bring industry experience to suggest innovative solutions. Key skills• A good understanding of energy trading and deal lifecycle for Power contracts and all Power asset types within both the UK and Europe.• Proven track record in successfully designing processes and facilitating process design workshops within the European Power asset and supply area• Proven ability to lead and facilitate business change, ideally within the Power Operations area• Ideally experienced in standard process modelling notations like BPMN 2.0• Excellent collaboration and communication skills.• The ability to effectively identify and manage key stakeholders, at all levels, throughout the change lifecycle, applying learned techniques to both listen effectively and influence accordingly, for the good of the business as a whole.• Experience in deploying new technologies is preferred (i.e. ETRM systems)This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing
Dec 15, 2022
Full time
Exciting opportunity for a Business Change/Business Analyst Power Transformation Programme to join this global Energy company. BackgroundThe team have embarked on a significant change programme, looking to improve the systems and processes for Energy Trading in the UK and Europe. They are looking for a talented Business Change/Business Analyst to join the Power Transformation Programme team to support the Power Operations business area with their large-scale business change aspirations to create a world class and fit for purpose Power (Electricity) business processes, enabling a significant scaling up of the business in line with growth ambitions.The ideal candidate will have a strong track record of working within the Energy Trading industry delivering complex business and technology projects. They will have experience of working within a fast-paced, commercial business team, leading the continuous improvement of both IT and business processes within a heavily regulated industry as well as strong Business Change skills. They will demonstrate deep understanding of Power assets including onboarding, management, optimizing and trading of assets of all classes as well as knowledge of the technical, commercial and data dimensions. In addition, there should be strong understanding related to the supply of Power customers either through direct sales or indirect sales via other group companies.The candidate will have knowledge of the end to end (E2E) energy trading deal lifecycle and will be able to bring industry experience to suggest innovative solutions. Key skills• A good understanding of energy trading and deal lifecycle for Power contracts and all Power asset types within both the UK and Europe.• Proven track record in successfully designing processes and facilitating process design workshops within the European Power asset and supply area• Proven ability to lead and facilitate business change, ideally within the Power Operations area• Ideally experienced in standard process modelling notations like BPMN 2.0• Excellent collaboration and communication skills.• The ability to effectively identify and manage key stakeholders, at all levels, throughout the change lifecycle, applying learned techniques to both listen effectively and influence accordingly, for the good of the business as a whole.• Experience in deploying new technologies is preferred (i.e. ETRM systems)This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age. Specialising within Energy Trading, Oil & Gas, Financial Markets and TV & Entertainment, Eaglecliff Recruitment is ISO accredited, a Member of REC and listed within the top 4% for Financial stability by Dun & Bradstreet. Please telephone for an immediate response or email your CV for a reply within one hour. Eaglecliff Ltd is acting in the capacity of an employment agency for permanent recruitment and an employment business for contractor resourcing
Financial Analyst - Oil & Gas Your new company You will get to work for a highly reputable global Oil & Gas company that has seen huge growth through their highly acquisitive business model, which has allowed the business to establish itself as a market leader in its niche market.This has allowed the company to create long-term and sustainable market share growth across multiple continents. Your new role You will report into a highly impressive head of financial planning which will allow you access to a range of senior stakeholders. In this role, you will focus on commercial and strategic business development. Through a mix of financial modelling, corporate business planning, and acquisition valuation.You will be responsible for: Building corporate and acquisition financial models Reporting on various risk, uncertainties, and opportunities to build out effective business plans to assist in corporate development Carry out detailed research and analysis to assist in new M&A origination and due diligence Participate in the formulation of strategic and long-term business planning What you'll need to succeed Bachelor's degree with a minimum of 2.1 Strong Excel modelling and transaction execution skills Be a strong communicator to both financial and non-financial stakeholders High competency and comprehension of corporate finance and accounting concepts Key understanding of investment banking and Oil & Gas sectors would be preferred What you'll get in return You will be working for a business with a foundation of responsible business practice and strong core values. The business has set up a clearly set out commitments to development on an individual and collaborative basis and offer a diverse working culture with multiple benefits. They also utilise a hybrid working model for the Finance team based out of their London office. You will also get a very generous salary with a healthy benefits and a bonus package What you need to do now If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career. Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
Dec 09, 2022
Full time
Financial Analyst - Oil & Gas Your new company You will get to work for a highly reputable global Oil & Gas company that has seen huge growth through their highly acquisitive business model, which has allowed the business to establish itself as a market leader in its niche market.This has allowed the company to create long-term and sustainable market share growth across multiple continents. Your new role You will report into a highly impressive head of financial planning which will allow you access to a range of senior stakeholders. In this role, you will focus on commercial and strategic business development. Through a mix of financial modelling, corporate business planning, and acquisition valuation.You will be responsible for: Building corporate and acquisition financial models Reporting on various risk, uncertainties, and opportunities to build out effective business plans to assist in corporate development Carry out detailed research and analysis to assist in new M&A origination and due diligence Participate in the formulation of strategic and long-term business planning What you'll need to succeed Bachelor's degree with a minimum of 2.1 Strong Excel modelling and transaction execution skills Be a strong communicator to both financial and non-financial stakeholders High competency and comprehension of corporate finance and accounting concepts Key understanding of investment banking and Oil & Gas sectors would be preferred What you'll get in return You will be working for a business with a foundation of responsible business practice and strong core values. The business has set up a clearly set out commitments to development on an individual and collaborative basis and offer a diverse working culture with multiple benefits. They also utilise a hybrid working model for the Finance team based out of their London office. You will also get a very generous salary with a healthy benefits and a bonus package What you need to do now If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career. Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
A major Metals and Mining and Commodities private equity firm is now looking to add an Investment Associate to their team. The firm has an exceptional track record and is highly acquisitive. Day to day, this will involve: identification of potential investments for the fund carrying out an initial business, sector and financial review of the target working on the negotiation and execution of the deal financial modelling, valuations, commercial and financial analysis of investments You are most likely to be working as follows: Analyst/ associate 2 level Investment professional from another infrastructure or private equity fund Sell/ Buy side equity analyst M&A, leveraged finance of a major bank or advisor Experience of executing deals/ investing in the broad metals and mining, oil and gas, commodities, energy or infrastructure sector
Dec 07, 2021
Full time
A major Metals and Mining and Commodities private equity firm is now looking to add an Investment Associate to their team. The firm has an exceptional track record and is highly acquisitive. Day to day, this will involve: identification of potential investments for the fund carrying out an initial business, sector and financial review of the target working on the negotiation and execution of the deal financial modelling, valuations, commercial and financial analysis of investments You are most likely to be working as follows: Analyst/ associate 2 level Investment professional from another infrastructure or private equity fund Sell/ Buy side equity analyst M&A, leveraged finance of a major bank or advisor Experience of executing deals/ investing in the broad metals and mining, oil and gas, commodities, energy or infrastructure sector
Our client is a leading International Integrated Energy Trading Company; a trader of Commodity and Energy products including Crude and Oil Products, Gas, Power and LNG. The Demurrage Team is responsible for handling payable and receivable demurrage and shipping related ancillary charges. Covering contract, charter party and barge demurrage; they are responsible for the verification, negotiation and payment of demurrage claims, and other related shipping costs such as deviation, detention, port costs etc., in order to minimise exposure to claims wherever possible. As a Demurrage Analyst, you will work as part of a team and your key responsibilities will include but may not be limited to: Contractual Demurrage: As directed and guided by the Demurrage Manager, issues, negotiates settlement of and recovers contractual receivable demurrage claims always within time bar deadlines. Analyses and negotiates contractual payable demurrage claims. Charter Party Demurrage: As directed by the Demurrage Manager, receives, analyses and settles charter party demurrage claims. Issues, negotiates, analyses and settles barge demurrage claims. Co-operates closely with all other departments, especially trading and contracts department, where advice on terms relating to laytime and demurrage is required. Good advice is essential to reduce the company's exposure at source within contract terms. Accurately and thoroughly maintains Excel tracking database of all payable and receivable claims. This is the 'master' document and accuracy is essential as this data is used to support trading P&L. Assist to prepare financial monthly report for line management as required with content to include GM and LV monthly reports identifying root-cause analysis and time-line report. EXPERIENCE NEEDED: Degree or qualified by experience. Understanding of oil contracts, products, grades, qualities, geopolitical and environmental influence on commodity markets Excellent working knowledge of BEEPEEVOY 3 and industry GT&C's Ability to analyze data with a very high level of attention to detail and accuracy Ability to effectively communicate through both written correspondence and verbal communication Extensive and proven experience within a similar role in Shipping Engaging and pro-active personality. Ability to defend claims/disputes firmly when required balanced with a commercial approach. 'Can do - Will do' approach to difficulties and challenges. Possess a high sense of urgency and ability to prioritize tasks appropriately
Dec 04, 2021
Contractor
Our client is a leading International Integrated Energy Trading Company; a trader of Commodity and Energy products including Crude and Oil Products, Gas, Power and LNG. The Demurrage Team is responsible for handling payable and receivable demurrage and shipping related ancillary charges. Covering contract, charter party and barge demurrage; they are responsible for the verification, negotiation and payment of demurrage claims, and other related shipping costs such as deviation, detention, port costs etc., in order to minimise exposure to claims wherever possible. As a Demurrage Analyst, you will work as part of a team and your key responsibilities will include but may not be limited to: Contractual Demurrage: As directed and guided by the Demurrage Manager, issues, negotiates settlement of and recovers contractual receivable demurrage claims always within time bar deadlines. Analyses and negotiates contractual payable demurrage claims. Charter Party Demurrage: As directed by the Demurrage Manager, receives, analyses and settles charter party demurrage claims. Issues, negotiates, analyses and settles barge demurrage claims. Co-operates closely with all other departments, especially trading and contracts department, where advice on terms relating to laytime and demurrage is required. Good advice is essential to reduce the company's exposure at source within contract terms. Accurately and thoroughly maintains Excel tracking database of all payable and receivable claims. This is the 'master' document and accuracy is essential as this data is used to support trading P&L. Assist to prepare financial monthly report for line management as required with content to include GM and LV monthly reports identifying root-cause analysis and time-line report. EXPERIENCE NEEDED: Degree or qualified by experience. Understanding of oil contracts, products, grades, qualities, geopolitical and environmental influence on commodity markets Excellent working knowledge of BEEPEEVOY 3 and industry GT&C's Ability to analyze data with a very high level of attention to detail and accuracy Ability to effectively communicate through both written correspondence and verbal communication Extensive and proven experience within a similar role in Shipping Engaging and pro-active personality. Ability to defend claims/disputes firmly when required balanced with a commercial approach. 'Can do - Will do' approach to difficulties and challenges. Possess a high sense of urgency and ability to prioritize tasks appropriately
MARKET RISK ANALYST LGN - IRC217292 At Eni, we are looking for a Market Risk Analyst - LGN within Eni Global Energy Markets ( EGEM) in London. You will be responsible for participating in projects to improve the ETRM and supporting broader commercial activities. You will be working on real-time front-line control and management information for management and traders, including daily PNL and risk reporting, and risk analysis. About EGEM: Eni is one of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. ENI has a market capitalisation of ?66 billion and has a near ?100bn turnover. It is not only a leading international upstream company but also Europe's largest natural gas operation. In January 2021, Eni integrated its gas, power, emissions and LNG commodity trading activities into one Company, Eni Global Energy Markets (EGEM) to create a leader in the global commodities trading arena. EGEM is a leading gas player in Europe and is responsible for all of Eni's commodity trading in natural gas, power, emissions and related derivatives with offices in London, Rome, Brussels and Singapore. The integration of the trading activities into EGEM enables ENI to capture additional business opportunities in a market that is becoming more liquid and integrated across different commodities. This integrated model has created a global centre of excellence for ENI's trading and commodities risk control. As a member of the Financial Risk Management & Control Team at EGEM you will be responsible for: Reporting to the Market Risk Power, Emissions, LNG and Oil Derivatives Manager and has the following main interfaces: INTERNAL: Front and Back Office, IT, other Middle Office units; Planning & Control, Finance; Back Office. Producing, reviewing, and distributing daily PNL and risk reports and following up any issues with relevant teams. Ensuring that all risk limits are adhered to and assisting in implementing new limits/reallocating existing ones when necessary. Assisting in identifying significant risk drivers within the business, ensuring transparency with senior management. Maintaining a strong knowledge of current LNG market signposts and trends. Supporting Front Office in new products and non-standard products approvals. Participating in the enhancement and development of ETRM systems and reporting platforms. Assisting in defining forward curve methodologies for the accurate mark to market and fair value reporting. Contributing to the month and quarter-end activities with Back Office/Accounting for the relevant portfolios. Developing and maintaining strong business relationships with different functions, e.g Front Office, Back Office, IT, Planning & Control; Finance. Guarantee compliance of trading procedures with relevant controls and support internal and external audit requests. This is the opportunity for you if you have these skills and requirements : Relevant experience in a market risk/product control role from trading companies or banks. Strong knowledge of derivatives trading. Strong knowledge of Power, Emissions and LNG markets and what drives them. Advanced knowledge of risk metrics such as VaR, stress testing, scenario analysis. Knowledge of one or more ETRM systems would be an advantage (Endur, Symphony by Amphora). Location: London Contract type: Permanent At Eni, people are the key to our success, which is why our values are focused on diversity and lifelong learning. Eni evaluates applications regardless of candidates' personal and cultural characteristics or orientations. If your application is among those most in line with the required profile, you will be contacted to continue the selection process Together we have greater energy. #LI-EIRL
Dec 03, 2021
Full time
MARKET RISK ANALYST LGN - IRC217292 At Eni, we are looking for a Market Risk Analyst - LGN within Eni Global Energy Markets ( EGEM) in London. You will be responsible for participating in projects to improve the ETRM and supporting broader commercial activities. You will be working on real-time front-line control and management information for management and traders, including daily PNL and risk reporting, and risk analysis. About EGEM: Eni is one of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. ENI has a market capitalisation of ?66 billion and has a near ?100bn turnover. It is not only a leading international upstream company but also Europe's largest natural gas operation. In January 2021, Eni integrated its gas, power, emissions and LNG commodity trading activities into one Company, Eni Global Energy Markets (EGEM) to create a leader in the global commodities trading arena. EGEM is a leading gas player in Europe and is responsible for all of Eni's commodity trading in natural gas, power, emissions and related derivatives with offices in London, Rome, Brussels and Singapore. The integration of the trading activities into EGEM enables ENI to capture additional business opportunities in a market that is becoming more liquid and integrated across different commodities. This integrated model has created a global centre of excellence for ENI's trading and commodities risk control. As a member of the Financial Risk Management & Control Team at EGEM you will be responsible for: Reporting to the Market Risk Power, Emissions, LNG and Oil Derivatives Manager and has the following main interfaces: INTERNAL: Front and Back Office, IT, other Middle Office units; Planning & Control, Finance; Back Office. Producing, reviewing, and distributing daily PNL and risk reports and following up any issues with relevant teams. Ensuring that all risk limits are adhered to and assisting in implementing new limits/reallocating existing ones when necessary. Assisting in identifying significant risk drivers within the business, ensuring transparency with senior management. Maintaining a strong knowledge of current LNG market signposts and trends. Supporting Front Office in new products and non-standard products approvals. Participating in the enhancement and development of ETRM systems and reporting platforms. Assisting in defining forward curve methodologies for the accurate mark to market and fair value reporting. Contributing to the month and quarter-end activities with Back Office/Accounting for the relevant portfolios. Developing and maintaining strong business relationships with different functions, e.g Front Office, Back Office, IT, Planning & Control; Finance. Guarantee compliance of trading procedures with relevant controls and support internal and external audit requests. This is the opportunity for you if you have these skills and requirements : Relevant experience in a market risk/product control role from trading companies or banks. Strong knowledge of derivatives trading. Strong knowledge of Power, Emissions and LNG markets and what drives them. Advanced knowledge of risk metrics such as VaR, stress testing, scenario analysis. Knowledge of one or more ETRM systems would be an advantage (Endur, Symphony by Amphora). Location: London Contract type: Permanent At Eni, people are the key to our success, which is why our values are focused on diversity and lifelong learning. Eni evaluates applications regardless of candidates' personal and cultural characteristics or orientations. If your application is among those most in line with the required profile, you will be contacted to continue the selection process Together we have greater energy. #LI-EIRL