Entity: Supply, Trading & ShippingJob Family Group: Supply & Trading GroupJob Description: We are looking for a Commercial Lead to join our Supply, Trading & Shipping (ST&S) team as we strive to transform and connect the global energy market. This role offers deep exposure to the inner workings of a sophisticated trading book and positions the candidate for future roles in trading leadership or senior individual contributor posts across commercial or interfacing group functions.In ST&S, we play a central role in bps strategy, creating value for bp and our shareholders by integrating along and across our oil, gas and lower carbon value chains. We connect energy producers, suppliers, markets and customers to keep energy flowing today.Global Distillates Trading and Origination (GDIST) is part of the ST&S Refined Products Trading organization. We trade Fuel Oil, Gasoil, Diesel, Biofuels, and Jet Fuel globally, leveraging bps assets and third-party relationships across key sectors including Aviation, Marine, Ground Fuels, and Lubricants. Our team operates from trading hubs in London, Singapore, and Chicago, with regional representatives in markets such as the Middle East, Australia, Indonesia, China, Nigeria, Ghana, and South Africa.GDIST is accountable for:Handling and optimizing the supply and trading portfolios for our group partners Air bp and FVC, covering all middle & heavy distillate and biodiesel gradesEntrepreneurial physical trading of middle & heavy distillates to generate value for the groupOriginating commercial solutions to decarbonize our customer base across marine, aviation, and ground fuelsExecuting paper trades and handling risk for the group, while entrepreneurially trading associated paper markets to deliver valueAbout the RoleIn the role, you will work directly with a team of trading analysts to ensure accurate and timely deal capture and T0 exposure reporting within bps systems of record for the Distillates trading desk.You will bring technical expertise to the on-bench trading analysts supporting traders in monetizing commercial value through structured trading activities. This includes managing pricing options, post-deal management for complex transactions, customer collaboration, and analytical support for live origination projects. You will also play a key role in developing trading analyst capabilities.The position is based in London and reports to the Distillates Commercial Manager, while also working closely with regional traders, support functions, and commercial leads across Chicago, Singapore, and ST&S RSOs. You will collaborate on arb flows, self-funding transactions, and process standardization.Key AccountabilitiesAccountabilities will be supported and supervised by RPTE traders and include:Lead the team of trading analysts on Distillates, driving bench strategy and ensuring alignment with functional leadsOwn daily exposure management for assigned portfolio(s); act as the main escalation point for book leadsHandle and develop the trading analyst team, including onboarding and training of new joinersSupport analysts in delivering daily exposure, T0 P&L, and other commercial activities aligned to bench strategyOversee issue resolution within T0 validation and FTS handover processes, ensuring adherence to best practices and internal policyChampion continuous improvement efforts to simplify and streamline processesProvide coverage support across the analyst team as requiredCoordinate and oversee self-funding transactions for GDIST, supporting cash delivery for the bp GroupCollaborate with Commercial Managers to implement and embed new ways of working across the teamEssential Experience and Job RequirementsExperience in commodity trading, either in a trading/commercial analyst or commodity risk roleStrong knowledge of commodity markets, trading strategies, value generation, and risk managementTechnical understanding of physical trading strategiesAbility to resolve complex issues using sound commercial judgementSelf-directed with strong prioritization and organizational skillsExcellent interpersonal skills, with the ability to influence and engage stakeholders across a fast-paced trading environmentA strong sense of ownership and accountability, with a commitment to team wellbeing and safetyEnthusiasm for working across diverse teams and acting as a connector across disciplinesA proactive and solutions-oriented mindset, with a record of solving business problemsInterest in applying innovation and analytics to commercial challengesWhy Join Us?Its crucial to us that the differences we see in the world around us are reflected in our workplace. At bp, we support our people to learn and grow in a diverse and challenging environment. 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. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!Travel RequirementNo travel is expected with this roleRelocation Assistance:This role is not eligible for relocationRemote Type:This position is a hybrid of office/remote workingSkills:Legal Disclaimer: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, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status.Individuals with an accessibility need may request an adjustment/accommodation related to bps 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,pleasecontact 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.
Job Title
Distillates Trading Commercial Lead