Brazil Commodity Risk Manager

bp; São Paulo; Hybrid; BRL 550,000 - 750,000; Full time

Job summary

bp is seeking a Commodity Risk Manager in São Paulo to lead a four-person team delivering integrated finance and commodity risk insights across Brazil, including power, sugar and ethanol.

The role requires extensive experience in finance and risk, with strong leadership and analytical skills. You will partner with Trading, Origination and Marketing to drive robust controls, reporting and value creation in a fast-paced trading environment.

Qualifications

• Significant experience in finance, commodity risk, market risk, or related field within energy/commodities/trading.
• Proven leadership experience overseeing a team of professionals.
• Ability to connect commercial, finance, accounting, risk, credit and controls when evaluating complex transactions.

Responsibilities

• Lead finance and commodity risk support across Brazil-related commodities (power, sugar, ethanol) with integrated performance insights.
• Provide independent challenge to trading and commercial activity while ensuring compliance with finance, risk, controls and delegation requirements.
• Collaborate with traders and cross-functional teams to evaluate opportunities, including valuation, accounting, risk, credit and working capital implications.
• Deliver clear reporting on P&L, exposures, valuation, market risk and capital to support decisions and strengthen controls.
• Drive standardized finance and risk processes across the Brazil portfolio and improve data quality and automation.

Skills

Fluent Portuguese

Fluent English

People leadership

Finance & risk

Analytical skills

Excel & data viz

Education

MBA or CFA/FRM/CPA

Tools

Excel

Data visualization

Job description

Entity

Finance

Job Family Group

Finance Group

Job Description

People Manager - 4 direct reports

bp trading & shipping (T&S) brings together people, energy and markets to power and navigate a changing world. The Finance team is a key financial and risk control function, accountable for helping ensure trading and commercial activities operate within a robust control framework while enabling business growth.

Reporting to the Head of Finance for T&S in Brazil, the Commodity Risk Manager is accountable for integrated finance and commodity risk support across Brazil-related trading and commercial activities, including power, sugar and ethanol. The role provides independent challenge and business partnership to Trading, Origination, Marketing & Origination and support functions, with responsibility for finance insight, commodity risk oversight, valuation, controls and decision support across the portfolio.

Following the Bioenergy integration, the role connects activities across commodities and businesses to promote consistent standards, transparent risk and performance insight, and effective end-to-end controls. The role directly leads a team of four finance and risk professionals, setting priorities, developing capability and ensuring high-quality delivery in a dynamic trading environment.

Key Accountabilities

• Lead finance and commodity risk support across Brazil-related commodities, including power, sugar and ethanol, providing an integrated view of performance, exposures and emerging risks.
• Provide independent, constructive challenge to trading and commercial activity, helping ensure compliance with applicable finance, commodity risk, control and delegation requirements.
• Partner with Traders, Originators and cross-functional teams to evaluate new business opportunities, transactions and portfolio initiatives, including their valuation, accounting, risk, credit, working capital and control implications.
• Deliver clear reporting and analytics on profit and loss, exposures, valuation, market risk, credit and working capital to support decision-making and strengthen the control environment.
• Drive consistent finance and risk processes across the integrated Brazil portfolio, finding opportunities to simplify, standardize, automate and improve data quality and controls.

• Lead, coach and develop a team of four finance and risk professionals, setting clear priorities, strengthening cross-commodity capability and ensuring effective partner coverage and timely delivery.

Job Requirements

• Significant experience in finance, commodity risk, market risk, product control or a related field within an energy, commodities or trading environment.
• Strong understanding of physical and financial commodity transactions, valuation, profit and loss, exposures and market risk across one or more energy or bioenergy commodities.
• Ability to connect commercial, finance, accounting, risk, credit, working capital, systems and control considerations when assessing complex transactions and business opportunities.
• Demonstrated people leadership experience, including setting priorities, coaching team members, building capability and managing delivery through others.
• Strong analytical, quantitative and data management skills, with the ability to translate complex models and transactions into clear business insights for non-technical audiences.
• Proven ability to influence, constructively challenge and build effective partnerships with Trading, Origination, senior leaders and cross-functional interested parties.
• Ability to work across commodities, learn new markets quickly and operate effectively in a fast-paced, changing and fast paced environment.
• Strong control perspective, sound judgement, attention to detail and a proactive approach to identifying and resolving issues.
• Advanced proficiency in Excel and reporting/analytics tools; experience with digitalization, automation or data visualization is advantageous.
• Fluent Portuguese and English, with strong written and verbal communication skills

Desirable Criteria

• Experience across power, sugar, ethanol, bioenergy or other Brazil-related commodity markets.
• Experience in market/commodity risk, structuring, deal valuation, accounting or commercial finance.
• Knowledge of market risk methodologies, including value at risk, stress testing, sensitivities and scenario analysis.
• Understanding of renewable generation, bioenergy value chains and associated risk and reward drivers.
• MBA or relevant professional qualification such as CFA, FRM, CPA or equivalent.
• Experience with programming, process automation or market risk and trading systems.

Why 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 encouraging an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we o8er benefits (https://exploreyourbenefits.com/landing.html) to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and 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.

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 Acumen, Collaboration, Commodity Risk Management, Creativity and Innovation, Curiosity, Data visualization and interpretation, Decision Making, Exposure Management, Internal control and compliance, Market Knowledge, Market Risk Management, Operational Risk, Portfolio analytics, Problem Solving, Resilience, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trade execution and management, Trading and shipping data knowledge, Trading Fundamentals, Trading knowledge, Trading risk controls

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.