Job Description

Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

The Market Strategist – Refining and Assets is a pivotal role in connecting bp ST&S’s global analytics and insight capability inform to trading strategies and drive business decisions. Embedded within the Oil Strategist team and operating in partnership with other analytics teams as well as senior commercial stakeholders, the market strategist uses analysis of fundamentals and other price drivers to form a market view and influence risk deployment.

The market strategist develops analytics models and infrastructure and use them to quantify market fundamentals and their relationship to price. From those analysis, the market strategist translate the insights into a market view and communicate them to commercial stakeholders, influencing trading decisions and ultimately our commercial delivery. Recognized as holding relevant expertise in energy markets and quantitative methods the market strategist provides new insights through innovative analysis and is not afraid to challenge the status quo, enabling ST&S to maintain its competitive edge.

Adept at developing partnerships across trading and analytics, the market strategist can develop networks that stretch cross-geography and cross-commodity. They leverage the full suite of skills and capabilities that reside within our strong multidisciplinary analytics team, connecting data, analysis and information.

What you will deliver:

• Provide timely refinery throughput analysis, insight and forecasts covering the eastern hemisphere region
• Contribute to trading strategy: Conduct analysis of refineries and downstream assets to help support/challenge trading Books positions. Develop new trading opportunities out of analysis and contribute to strategy discussion.
• Understand fundamentals and market moves and how they link back to trading and origination activity. Drive original analysis in the team.
• Develop effective cross-discipline partnerships within TA&I to bring the best skill sets to problems.
• Collaborate effectively across regions and commodity lines to create alignment and promote better connectivity.
• Co-develop, maintain and embed a suite of models to quantify fundamentals and link to price.
• Leverage skills and capabilities that reside in multidisciplinary analytics team.
• Grow and embed technical and subject matter expertise across the business and continually develop the Analytics infrastructure.
• Provide mentorship to junior analysts and graduates.

Essential experience and job requirements

• Professional and/or academic analytical background.
• Knowledge of Eastern/global refining industry and crude quality fundamentals.
• Understanding of the downstream oil sector, refinery processes and economics.
• Knowledge of relevant commodity markets, traded instruments and energy economics.
• History of developing partnerships with stakeholders to deliver successful outcomes.
• Subject matter expertise in relevant commodity line and/or technical discipline.
• Functional expertise developing quantitative analytics infrastructure.
• Able to communicate key themes and messages clearly and succinctly.

Desirable criteria & qualifications

• Knowledge of commodity and financial markets
• Knowledge of upstream crude production processes and developments
• Experience of delivering tradeable insights from analysis
• Experience with refinery linear programming
• Knowledge of advanced statistics, econometrics, data science and AI
• Capable using Python and other DS platforms

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Agility core practices, Analytical Thinking, Computational Thinking, Continuous Learning, Data Analysis, Data cleansing and transformation, Data Management, Data Sourcing, Data visualization and interpretation, Dialogue enablement, Exposure Management, Machine Learning (ML), Macroeconomics, Market analysis methods, Market Risk Management, Sentiment and Trends, Statistics, Trade execution and management, Trading Fundamentals, Trading knowledge

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.