Vacancy caducado!
111193BRJob title:StructurerSegment:Integrated Supply & TradingReq ID:111193BRRelocation available:NegotiableTravel required:Yes - up to 10%About BP:We are a global energy business involved in every aspect of the energy system. We have 75,000 employees in 80 countries, working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together.Our supply and trading business connects BP to the world’s traded markets for oil, gas, power, refinery feedstocks and currencies. We market BP’s equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.Job Family Group:Supply & Trading GroupLegal disclaimer:If you are selected for a position in the United States, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test(and alcohol screening/medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process. The drug screen requires a hair test for which BP must be able to obtain a sufficient hair sample for analysis (4 cm/1 ½” scalp, or > 2 cm/¾” body – arms & armpits/legs/chest)As part of our dedication to the diversity of our workforce, BP is committed to Equal Employment Opportunity. Applicants will receive consideration for employment without regard for race, color, gender, religion, national origin, disability, veteran status, military status, age, marital status, sexual orientation, gender identity, genetic information or any other protected group status. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us or have one of your representatives contact us at [email protected] ; or by telephone at 281.366.1999.Read the Equal Employment Opportunity is the Law poster at http://www.bp.com/content/dam/bp-careers/en/PDF/careers-bp-us-eeo-is-the-law-english.pdf and the poster supplement at http://www.bp.com/content/dam/bp-careers/en/PDF/careers-bp-us-eeo-is-the-law-supplement-english.pdf - for more information about Equal Employment Opportunities. ( Spanish version at http://www.bp.com/content/dam/bp-careers/en/PDF/careers-bp-us-eeo-is-the-law-spanish.pdf )BP is an equal employment opportunity and affirmative action employer. View our policy statement at http://www.bp.com/content/dam/bp-careers/en/PDF/careers-bp-us-eeo-policy-statement.pdfJob Profile Summary:Responsible for delivering relevant analysis and modelling to provide commercial insight, utilising relationships to stay up to date with internal developments in statistical techniques, whilst identifying process improvements and applying insights from the external environment.Time Type:Full timeCountry:United States of AmericaLocation:United States - New York - New York CityJob advert:Role SynopsisIntegrated Supply & Trading (IST) is BP's face to the traded markets for BP in oil, gas, power, chemicals and finance. IST's North America Gas and Power (NAGP) business unit handles the supply and trading of natural gas and power in the North American energy market. The Structurer role working in the New York office of BP Energy’s North America Gas & Power Business Unit is primarily responsible for providing analytical and structuring support to the Power trading and origination teams.Key Accountabilities
Working in a proactive role with marketers, originators and traders developing power and other cross commodity products
Building trusted relationships with marketers, originators and traders to better understand current issues/hurdles and providing investment recommendations
Developing and improving valuation and hedging models of energy assets and exotic structured transactions
Structuring and valuing deals by understanding and quantifying the embedded optionality, risks, and relevant value drivers
Challenging and validating modelling approaches via back-testing and conducting research studies of price dynamics in the real vs. modelled world
Providing deal expertise to the Trading Analytics and middle office staff to ensure system accurately reflects valuation and exposure while understanding both commercial objectives and risk objectives
Acting as a subject matter expert for valuation and partnering with a commercial development director, commercial staff and other relevant stakeholders to guide deals through the assurance and approval process
Collaborating and staying connected with the wider Integrated Supply & Trading Analytics team responsible for developing and implementing modelling tools for the front office
Essential Experience and Job Requirements
In-depth understanding of quantitative modelling, structuring, risk management techniques and discounted cash flow analysis in the North American Power business
Experience in applying quantitative techniques to the valuation and management of power physical assets and derivatives such as tolls, heat rate options, shaped products, PPA from wind, hydro and solar generating assets and full requirements load products
Experience in other commodity structured transactions, such as gas transport and storage and exotic options a plus
Highly skilled in statistical analysis, including univariate and multivariate modelling, optimization, forecasting, market and portfolio risk modelling, and option theory
Ability to work in a high-pressure, competitive environment with minimal supervision
Commercial focus
Strong communication skills
Demonstrated ability to help a team on a large deal project
Essential Education
Bachelor's degree in Economics, Statistics, Engineering, Applied Mathematics or related fields
Desirable Criteria
Advanced degree in a quantitative area or Business is preferred (MS/PhD/MBA a plus)
In depth understanding of option pricing theory and risk management techniques
Good communicator, able to succinctly explain/communicate impact on deal value of price changes (level, spreads and dynamics) as well as valuation assumptions and hedge strategies to technical and non-technical audience
Practical experience in valuation of oil, natural gas and power physical assets, and structured transactions, such as pipelines, storage, power plants, and exotic options
Vacancy caducado!