Trading Operator at BP Plc

BP Plc - Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

We are recruiting to fill the position below:

Job Title: Trading Operator

Job Id: RQ108465
Location: Ikoyi, Lagos

About the role

• The Nigeria Trading Operator handles the logistics of physical deals ensuring that all safety obligation, contractual & compliance and commercial obligations are met.
• Trading Operators have a key role to play in ensuring that the front to back process runs efficiently and that valuable data and information is collected, entered and forwarded in a timely manner to provide support to many other teams within ST&S allowing effective management of the business.

What you will deliver

• You will be responsible for the contractual and financial performance of sales and purchase agreements. This will involve working closely with traders to improve profits and minimise losses on trades.
• Trading Operators are required to nominate oil movements and prepare all documentation instructions.
• Where appropriate you will appoint Cargo Assurance and/or independent inspectors.
• A crucial part of the role is to supervise all liftings, maintaining awareness of demurrage implications and investigating outturn losses.
• It will be crucial to adhere to HSSE and BP policies.
• Trading Operators will recognise and understand concepts of pre-finance and work with the credit teams to administer letters of credit, where appropriate.
• Individuals will develop strong working relationships with traders, third parties, associates and other ST&S departments.
• You will be required to enter timely and accurate trade data into the Trading Operations system of record, Operations Workbench (OWB)
• The team actively assist in the design and development of the systems that the business will be implementing for the future benefit of ST&S and you may be requested to support and test new releases to ensure the system is fit for purpose.
• Accurately supervise stock positions within BP owned and third-party tankage on a daily basis using stock tracking tools, balancing with BP’s central operations system (OWB)
• Maintain, improve and update stock tracking tools and document handling processes, aiming for automation where possible.
• Support vessel operators for inbound cargoes discharging to counterparty and BP leased facilities
• Supervise region-wide inbound vessels using BP’s vessel tracking tools.
• You may be required to provide cross‑cover for other RSO operators within the team to support terminal operations and tankage management in the relevant country.
• Collaborate with and manage relationships with in-country agents (e.g., collateral managers, customs agents, superintendent) and service providers (e.g., terminals, storage facilities) with strict adherence to BP’s E&C policies.
• See to timely payment of ancillary fees that are key to in-tank sales operations e.g., storage and jetty/ pipeline throughput fees.
• See to organized filing of key documentation e.g., bills of lading, customs declarations, custody transfer certificates.
• Timely issuance of key documentation to facilitate operations and to enable payment from counterparties.
• You will be expected to have a thorough understanding of contractual agreements as well as our commercial position with respect to third party term contracts.
• Collaborate closely with local front office team in cargo planning and open credit facility management.
• Working closely with exposure and commodity risk teams to ensure volumes are hedged against flat price risk, and accounted for.
• Quarterly applications to local regulator for laycans in collaboration with commercial manager and local origination team.
• Stay abreast matters of fuel quality and standards, making sure to alert front office team of any changes to fuel specifications locally.
• Lead operational component of new business development endeavors, seeking assistance from wider operations teams where vital.
• Ensuring that all compliance documentation for agents and service providers are up to date.

What you will need to be successful

• Strong commercial instinct
• Flexible and open thinker
• Pro-active and independent worker
• Ability to work under pressure
• Ability to prioritise and coordinate work
• Ability to work to numerous and frequent deadlines
• A strong standout colleague
• Influencing skills
• Performance Bias - focuses efforts and prioritises work to deliver business value
• Business Awareness - takes account of inter-relationships between customers, suppliers, & the organisation
• Partnership and Collaboration - actively engages and respects the diverse contributions of team, partners or networks
• Digital skills (e.g., VBA/EXCEL and Python) and/ or a willingness to develop these skills.
• Knowledge of local and regional downstream petroleum sector.

Why join us?

• At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity.
• 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!
• 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.

Application Closing Date
Not Specified. 

How to Apply
Interested and qualified candidates should:
Click here to apply online

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 bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.).