Entity:

Finance

Job Family Group:

Supply & Trading Group:

Job Description:

Job Description:

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.

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Ancillary Team and advance your career as an

Ancillary Negotiator

Responsible for supporting the logistics of a deal to BP's best commercial advantage, ensuring that trading transactions are entered correctly into the relevant systems, working with schedulers to help manage movements and analyse transactions and providing market intelligence to influence trading
decisions.

**In this role you will (be):

• Manage a portfolio of claims in a systematic way to ensure timebars are not missed, meaningful responses are provided to counterparties, rigours negotiation is undertaken, and claims are closed in a timely manner.
• Calculation, preparation, verification of freight, contract shipping expenses and demurrage claims/invoices in accordance with oil trading contracts, general terms and conditions and charterparty terms.
• Ensuring strict adherence to various contractual/charterparty time bar clauses
• Responsible for demurrage, freight and expenses on behalf of select BP group companies.
• Investigation and collation of the facts and data gathered from Traders, Operators, Charterers, Legal and Tax Advisors in order to fully assess each individual demurrage claim.
• Negotiation of disputes with Group companies or Third parties
• Developing and maintaining relationships with 3rd parties including trading companies, vessel owner’s and brokers. Leverage these relationships to aid BP group and demurrage negotiation.
• •Hold commercial relationships and manage complex negotiations with external counterparties to maximise value recovery and advance bp’s interests.
• Appropriately assigned costs to relevant benches to ensure accurate profits and losses are reflected, collaborating with Settlement Analysts and Commodity Risk to ensure this is done in a correct and timely manner.
• Provide detailed analytical assessments on a regular basis of outstanding claims/costs to trading benches and commodity risk.

**What You will need to be successful:

• Relevant university (economy or finance) degree or equivalent experience might be considered
• Several years in finance or trading, or shipping
• A few years global/ multi-national company work experience
• Fluent English knowledge
• Interest in learning about the trading & shipping industry
• Good problem solving, communication and interpersonal skills
• Negotiation skills and ability to hold external relationships.

**At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global Share Match plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

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 to enable your work to fit with your life.

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:

Relocation may be negotiable for this role

Remote Type:

This position is a hybrid of office/remote working

Skills:

Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations

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.