Contracts Lead Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

BP delivers energy products and services that people around the world need. Our Upstream segment is responsible for oil and natural gas exploration, field development and production. Our Downstream segment is focused on the refining and marketing of fuels, lubricants and petrochemicals. Our commitment to building a stronger, more sustainable energy future is matched by our commitment to the people who will make it a reality

Our supply and trading business, Trading & Shipping (T&S), 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.

At FBT, we 're a highly skilled and diverse team of 5,000 professionals, based in locations globally. Priding ourselves on excellent teamwork, since the KL center opened our people have driven this part of the organization to become an excellent regional Asian business service center.

Let me tell you about the role

T&S implements trades with external supply customers globally. The role of the T&S Contracts Team is to perform day-to-day control and administration of physical and low carbon trading contracts, tenders and general terms and conditions. This requires practical and application experience in contracting of commodities, extensive knowledge and understanding of contracts and legal terms, contracting strategy preparation, coupled with a strong commercial orientation and communication skills. Contracts can be high in value and with complex terms and conditions, requiring efficient problem-solving skills. The Contracts Lead Analyst will be the key liaison with third parties, traders, marketers, originators, legal and other key stakeholders as appropriate in order to fulfil the responsibilities.

What you will deliver

Team Leadership and Capability Building

• Provide guidance, support, training and mentoring to Contracts team members.
• Work with the Team Lead to identify key stakeholders, build effective relationships and maintain a strong customer focus.
• Promote a consistently high level of professionalism, technical expertise and service delivery across the team.

Contract Management and Governance

• Maintain a robust contracts register, standard contract templates and ensure compliance with control processes.
• Act as a key liaison with Heads of Functions, Singapore Operations, Contracts, Settlements and Credit to resolve any departure from agreed contractual obligations.
• Oversee and ensure timely responses to inward faxes, emails and ad-hoc queries from third parties within agreed control timescales.

Contract Drafting and Stakeholder Engagement

• Create contracts for physical and low carbon commodity trades with third parties, ensuring timely execution and that contracts are robust, fit for purpose and commercially sound.
• Liaise with Legal, Contracts and other relevant partners as required to support contract development, review and execution.

Compliance, Risk and Issue Resolution

• Maintain awareness of legal restrictions that may require changes to existing procedures or support processes.
• Understand compliance issues affecting trades and report any potential concerns to the Singapore Compliance Manager or Contracts Manager.
• Promptly report and resolve any mismatch of data or terms between back-office systems and other trade-related information sources.

Performance Reporting and Continuous Improvement

• Ensure timely reporting of management information and Key Performance Indicators to the regional office.
• Champion, drive and deliver continuous improvement ideas that enhance team effectiveness and process efficiency.

What you will need to be successful (experience and qualifications)

• Degree in Legal Studies or a related discipline, or an equivalent qualification, with at least five years’ relevant corporate experience, including a minimum of two years in a Contracts Analyst role and/or energy trading environment.
• Strong expertise in global contract drafting, negotiation, execution and management.
• Good understanding of commodity trading and the oil and gas industry.
• Familiarity with Incoterms and shipping terminology.

Essential criteria

• Fluent written and spoken English.
• Strong attention to detail and analytical capability.
• Sound contractual and commercial risk awareness.
• High standards of work ethics and professionalism.
• Excellent problem-solving, communication and interpersonal skills.
• Ability to work effectively in a team within a fast-paced environment.
• Proactive and able to perform well under pressure.
• Confident in engaging with internal stakeholders.
• Working knowledge of change management principles.
• Ability to coach and support others.
• Commitment to business controls, including the confidence to speak up when required.
• Functional understanding of contract register systems and standard Microsoft Office applications.

At bp, we provide the following environment and benefits to you !

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities to craft your career path
• Life and health insurance, medical care package
• And many other benefits!

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Analytical Thinking, Business process improvement, Communication, Creativity and Innovation, Curiosity, Customer experience, Decision Making, Group Problem Solving, Internal control and compliance, Resilience, Thought Leadership, Trading knowledge

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact 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.