Carbon Optimizer
About the job
- A bachelor's degree is required.
- Strong analytical skills, commercial mentality, and attention to detail are required.
- A track record of entrepreneurial profit and loss delivery through trading and related commercial experience is required.
- Familiarity with control and compliance in a trading environment is required.
- The employee must adhere to bp's beliefs and ways of working.
- The employee must progress the team's culture to foster continuous improvement on the bench.
- Integrity and character are required.
- The employee must be able to multitask and prioritize independently.
- The employee must be a self-starter and independent problem solver, and be willing to proactively develop solutions and opportunities.
- Strong written and verbal communication skills are required.
- Build a deep understanding of relevant regulations to ensure bp compliance.
- Collaborate with bp analytics to inform the market view and understand the impact of market developments.
- Generate entrepreneurial profit by taking positions in options, futures, and physical products.
- Assess, propose, and prioritize agreed trading strategies that are workable and adequately resourced to deliver commercial value.
- Optimize and manage risk for compliance, speculative, and origination activity.
- Ensure trade strategies' risk and reward are properly analyzed, understood, and communicated.
- Work with team members to implement the trade strategy using approved physical and financial instruments.
- Optimize in a disciplined manner within agreed limits.
- Ensure exposure reports are accurate so that the system of record is correct; reconcile discrepancies promptly and address issues or questions raised by the middle or back office.
- Ensure deal-entry metrics remain aligned with key performance indicator expectations.
- Understand and manage transactional risks by ensuring required credit limits are in place, funding requests are driven, and transaction records are available for reporting.
- Build or improve trading execution tools.
- Back up other traders on the bench.
- Collaborate with originators to inform pricing for compliance credits and voluntary offsets.
- Develop relationships with external market participants.
- Keep abreast of relevant trading processes and procedures, understand how new business is captured and reflected in bp's system of record, and follow deal-entry requirements.
- Support the origination, business development, and structuring teams.
- Understand and master cross-commodity correlations and margins.
- Ability to code and build models to support trading decisions.
- Familiarity with relevant environmental policies and regulations.
About the company
BP operates as a global energy company that manages the exploration, production, and distribution of oil and gas while investing in renewable energy projects like solar and offshore wind. Its products include energy for governments, businesses, and consumers, along with energy-related services aimed at reducing carbon emissions and improving efficiency. BP differentiates itself by leveraging its large multinational scale and a broad portfolio that spans fossil fuels and renewables, backed by investments, partnerships, and efficiency programs to support the energy transition. Its goal is to be a trusted energy provider and help customers move toward a lower-carbon energy mix while contributing to global climate goals.
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1909
Get referred to BP
See people who can refer or advise you
Simplify's Take
What believers are saying
- BP reported $5.7 billion Q2 2026 profit and $10.9 billion operating cash flow.
- BP cut net debt by $3.1 billion in Q2 2026 and raised dividend 4%.
- August 2026 asset sales and Archaea exit fund debt reduction through 2027.
What critics are saying
- BP cut 700 roles on July 30, 2026, signaling execution strain and internal disruption.
- BP sold French EV charging assets October 1, 2026, shrinking its energy-transition optionality.
- Michigan's climate antitrust suit dismissal on September 23, 2026 leaves broader litigation exposure unresolved.
What makes BP unique
- BP's Upstream-Downstream integration with trading creates cycle-resilient cash flow, per August 2026.
- BP's 61-country footprint and refining network support supply security and market access.
- BP's portfolio pruning under August 2026 results concentrates capital on assets with higher returns.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Short-Term Disability
Long-Term Disability
Paid Vacation
Paid Holidays
Parental Leave
401(k) Retirement Plan
Flexible Work Hours
Hybrid Work Options
Company News
BP has hired Ben Monaghan from PJT Partners as its new head of mergers and acquisitions. Monaghan will take up the position in early 2027 as the energy company works to streamline its portfolio under chief executive officer Meg O'Neill. BP said Monaghan brings extensive experience in corporate finance, strategic advisory, and transaction work across the energy sector. The appointment comes as BP seeks to reverse years of underperformance. PJT Partners declined to comment on the move.
Snowfox Discovery has closed an oversubscribed $30 million Series A funding round, marking one of the largest financings to date in the natural hydrogen sector. The round was led by bp Ventures with strong participation from Rio Tinto Ventures and Oxford Science Enterprises, alongside new backers AP Ventures, The Bamford Family, and Oxford Capital.
US oil majors are increasingly using aggressive tactics in labour negotiations, deploying lockouts to extract concessions from workers' unions. The trend began with Exxon's 10-month lockout of 650 workers at its Beaumont refinery in 2021, the longest US refinery labour dispute in 40 years. BP and Marathon are currently locking out workers at their Whiting, Indiana, and Martinez, California, refineries whilst continuing operations with contractors and replacement staff. This strategy undermines unions' traditional bargaining power based on skilled labour being essential. At Whiting, BP proposes a 13% pay rise over four years — below national oil bargaining standards for the first two years — and seeks to transfer work to third-party contractors. The company also wants waivers on bargaining rights regarding AI tools and time clocks. Union representatives say BP is following Exxon's playbook, having hired the same lead negotiator who oversaw the Beaumont lockout.
EnQuest CEO Amjad Bseisu confirmed to CNBC on Thursday that the UK oil and gas producer is interested in acquiring BP's North Sea assets. BP launched a sale process in July for its UK North Sea portfolio, which includes five production hubs employing around 1,100 people. The potential acquisition would mark BP's major retreat from the basin after 60 years of operations. Bseisu noted only a handful of companies remain interested in UK North Sea assets. EnQuest reported adjusted pre-tax profit of $54.6 million in the first half of the year, with revenues reaching $529.9 million. The company previously purchased North Sea interests from BP, including a 25% stake in the Magnus field in 2017.
BP has appointed Ian Tyler as its new chairman, making him the company's third chair this year. Tyler, former chief executive of construction giant Balfour Beatty, has been serving as interim chairman since Albert Manifold's abrupt departure in May. Tyler began his career as finance director at Balfour Beatty before becoming chief executive. He currently chairs Grafton Group and serves as senior independent director of Anglo American. His previous roles include chairing Cairn Energy and serving as non-executive director of BAE Systems. Tyler said he will lead the board's evolution to support BP's strategic priorities and long-term value creation. He pledged to establish regular and transparent engagement with shareholders whilst supporting the leadership team.