Entity:

Supply, Trading & ShippingJob Family Group:

Supply & Trading GroupJob Description:

About BPOur purpose is to bring together people, energy and markets to power and navigate a changing world.

In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too!

About the roleThe Non-Energy Optimization Specialist will participate in the portfolio management and profitability analysis of the Commercial & Industrial retail electricity portfolio. This individual's primary responsibilities will be to manage the retail portfolios positions in RA, MTR & Capacity.

Key ResponsibilitiesManage retail portfolio of power related products including, but not limited to, RA, MTR, capacity, CRRs and any future traded ancillary productsTransact bilaterally and on exchange in approved products to hedge and optimize retail portfolioManage regulatory filings for

CAISO RA

& MTRMaintain all traded non-energy curves including congestion, capacity and RA related productsSupport Optimization team by maintaining and providing transactable prices for approved tradable products as well as provide market information to the retail pricing functions, salespersons and customersBuild and support models for optimization analysis, managing risk exposure and hedging strategies for retail portfolioBook non-energy trades consisting of a variety of standard and non-standard products in the ETRMSupport the retail load forecasting process by further developing associated exposure reporting and stress testing to advance the needs of the retail supply tradersLead variance explanations during actualization process for assigned markets and productsUnderstand and comply with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory bodies or exchangesWork with internal teams to ensure accurate customer invoicing for responsible productsSupport sales in customer meetings as subject matter expert on market liquidity, regulatory changes and rest mitigation strategiesAdditional tasks as needed based on desk resourcingEssential Education, experience and requirementsBachelor degree required in a quantitative field such as math, statistics, economics, quantitative finance or engineeringMid-level experience in an analytical or commercially focused roleRetail supply experience or similar commercial experience requiredWorking knowledge of

CAISO RA & MTR

regulatory landscape preferredStrong working knowledge of ISO markets, the electric power grid and marketplace, specifically in the CAISO, PJM, or NYISO regionsHigh level of proficiency in Excel VBA and SQL required, python highly preferredAnalytical skills required for risk assessmentExperience with ETRM systems preferredStrong individual contributor with consultative style and aptitude for collaboration and teamworkSkilled at working across multi-disciplinary functions and departmentsProficient in collecting, querying, visualizing, organizing and analyzing complex data, evaluating information and drawing logical conclusionsStrong organizational skills, attention to detail and ability to adhere to regulatory mandated timelinesWhy Join bpAt bp, we believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life, including a generous paid parental leave policy and excellent retirement benefits, among others!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, 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 essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel RequirementUp to 10% 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:

Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Business Development, Continuous Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Trading knowledge, Writing skills.

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.