Crude & Feedstock Optimization Senior Manager - Midwest

bp•Chicago, IL

2d•$167,000 - $238,000•Hybrid

About The Position

Leads the team responsible for the short and mid-term crude and feedstock supply optimization for the BP Whiting (450 KBD) refinery. Works jointly with the Refinery Optimization & Performance Manager to develop refinery operating plans optimized to maximize gross margin delivery. This requires understanding of the complex choices and trade-offs in GM, RCOP, and working capital between multiple crude and feedstock supply sources.

Requirements

Bachelor's degree in engineering or related technical field required
Minimum of 10 years industry experience including 5 years in refining, supply, optimization, or trading
Successful track record in complex business teams, including demonstrated track record of delivering improved margin and increased business profitability through the value chain
Experience with Refinery Optimization and Refinery Operations
Analysis and modeling skills
Digital savvy, emotionally connected leadership and results oriented

Nice To Haves

Ancillary cost management
Commercial Acumen
Communication
Competitor intelligence
Customer service delivery excellence
Demurrage
Developing and implementing strategy
Influencing
Inventory Management
Listening
Marine assurance
Mentoring
Negotiating
Problem Solving
Sentiment and Trends
Shipping/transport
Supply chain management
Trade discipline and compliance
Trading and scheduling operations
Trading Fundamentals
Trading knowledge
Troubleshooting
Voyage operations

Responsibilities

Lead the refinery processes for optimizing selection of 450+ KBD of crude and feedstock (~$13B pa at $80/bbl) and product slate manufacture choice to increase asset gross margin within the context of maximizing bp value
Provide input to help the refineries balance operating risk (cost, availability/reliability) with commercial opportunity
Lead the trading interface relationship to ensure traders provide appropriate input to refinery operating strategy and that midstream provides appropriate input to the relevant trading bench strategy and positions
Oversee accurate and timely option valuations (crude pecking orders) ensuring that these reflect all market options and the full flexibility to operate within defined operating envelopes
Develop and implement supply and trading strategies with cover from the refinery to maximize refinery gross margin
Manages ~15 MB inventory position to minimize working capital requirements while meeting supply needs, following Group financial guidelines, and optimizing cash flow
Foster and leverage a strong relationship with the Whiting refinery ROPM to ensure that optimization occurs within defined envelopes, that opportunities to expand refining or logistic capabilities are explored and the potential value effectively communicated and to ensure that resourcing of new opportunities (crude approvals, capex, commitments, etc.) are prioritized appropriately
Leads team of Supply Coordinators and Asset Economists based in the Chicago 30 S Wacker office