Senior Credit Analyst – Gas & Power Trading Americas

bp • Houston, TX

5d • Hybrid

About The Position

As a Senior Credit Analyst, you will play a critical role in managing credit risk for BP's Gas & Power Trading Americas business. This position involves assessing counterparty creditworthiness, structuring and negotiating credit agreements, and monitoring credit exposures to safeguard the company’s financial interests in a dynamic trading environment.

Requirements

• Analytical Thinking: Ability to critically analyze complex financial data and identify key risks.
• Collaboration: Proven success working with diverse teams and collaborators.
• Commodity Risk Management: Strong understanding of commodity markets, particularly gas and power.
• Creativity & Innovation: Skilled in developing novel solutions and improving processes.
• Data Visualization: Proficiency in presenting complex data clearly using visualization tools.
• Internal Control & Compliance: Solid understanding of regulatory requirements in trading environments.
• Market Knowledge: Deep knowledge of Gas & Power Trading Americas markets, including fundamentals and pricing mechanisms.
• Market & Operational Risk: Familiarity with market risk concepts and operational risk impacts.
• Portfolio Analytics: Experience analyzing credit risk across diverse portfolios.
• Problem Solving: Ability to navigate complex and ambiguous situations effectively.
• Trend Analysis: Skilled in interpreting market sentiment and identifying emerging trends.
• Thought Leadership: Capacity to influence discussions and drive best practices.
• Trade Discipline & Compliance: Strong adherence to trading rules and regulations.
• Trading Fundamentals: Solid grasp of trading concepts, instruments, and strategies.

Responsibilities

• Conduct comprehensive credit analysis of new and existing counterparties, including financial statement review, industry research, and market condition assessments.
• Develop and maintain robust credit models and methodologies to quantify and monitor credit risk exposures accurately.
• Collaborate with traders, legal teams, and support functions to structure and negotiate credit terms for trading agreements.
• Monitor counterparty credit limits and exposures, promptly identifying and raising potential issues or breaches.
• Contribute to the enhancement of internal control and compliance frameworks related to credit risk management.
• Utilize data visualization tools to present complex credit risk insights to senior management.
• Stay informed on market trends, regulatory changes, and economic developments impacting gas and power trading.
• Perform portfolio analytics to identify concentrations, correlations, and emerging risks.
• Drive continuous improvement in credit risk processes and systems through innovative solutions.
• Act as a subject matter expert, providing thought leadership and mentoring junior team members.

Benefits

• At bp, we support our people to learn and grow in a diverse and ambitious environment.
• 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 ( https://exploreyourbenefits.com/landing.html) to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees