Portfolio Manager

bp; Kuala Lumpur; Hybrid; MYR 240,000 - 420,000; Full time

Benefits offered by this job

Health insurance

Life and medical benefits

Job summary

bp in Kuala Lumpur seeks a senior Credit Portfolio Manager to lead Day 2 management of the RPT/GPT Global Credit Portfolio, assessing qualitative and quantitative triggers, risk concentrations and trends to ensure alignment with risk appetite.

You will work with the Credit Advisory team to operationalise collateral structures, mentor the Kuala Lumpur Portfolio Team, and present portfolio risk insights to senior management in governance forums.

Qualifications

• Extensive credit risk experience across large/complex portfolios.
• Strong ability to identify triggers and risks from market developments.
• Deep understanding of financial documents and business model risk.
• Experience driving work streams and initiatives.
• Experience influencing partner teams toward common goals.
• Curious mindset to link macro risk to portfolio impact.
• Proven delivery of risk mitigation actions.
• Excellent verbal and written communication with senior stakeholders.

Responsibilities

• Lead Day 2 management of the RPT/GPT global credit portfolio and assess risk triggers and concentrations.
• Manage day-to-day exposures and controls to stay within credit risk appetite.
• Collaborate with Credit Advisory to operationalise collateral structures and setup requirements.
• Monitor macroeconomic trends and advise on appetite changes.
• Oversee collateral management and coordinate with margining teams to resolve disputes.
• Engage with senior stakeholders to discuss risk appetite in governance forums.
• Mentor Kuala Lumpur Portfolio Team and participate in broader credit projects.

Skills

Credit risk management

Portfolio management

Risk assessment

Stakeholder communication

Commodity risk experience

Education

Bachelor's degree in Business Economics or Accounting

Job description

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

As a Credit Portfolio Manager in our RPT/GPT business you will be a senior and active member of the extended global Credit team within bp’s Trading & Shipping business. Your focus will be to proactively manage and supervise the Credit Risk in the RPT portfolio post transaction inception (Day 2) having an in-depth understanding of the risks, ensuring adherence to risk appetite, challenging counterparty and portfolio concentrations and assessing, monitoring and taking action on Credit risk trends in the book.

You will work closely with our Credit Advisory Team to understand and operationalise complex collateral structures, key interface to senior management on portfolio level risk, discuss with senior commercial collaborators strategic direction to help position risk appetite and in-directly manage members of the Portfolio Team in our Kuala Lumpur office.

In This Role You Will:

• Lead all aspects of Day 2 management of the RPT/GPT’s Global Credit Portfolio, assessing qualitative and quantitative portfolio triggers including Credit quality trends and emerging risks, as well as risk concentrations.
• Manage day to day exposures and key controls to ensure we remain within our Credit Risk appetite including material excesses and overdues, working with the KL team to investigate and action solutions.
• Work as part of the deal team and with Credit Advisory to operationalise and monitor complex collateral structures including agreeing to operational and set-up requirements to ensure effective security is in place.
• Monitor the macroeconomic environment including market trends and events working with our Global Credit Research Team to stress and analyse the impact of these on the book and recommending Credit risk appetite changes in response.
• Lead all aspects of collateral management controls ensuring we are tracking any expiring security/facilities and working with our margining teams to resolve disputes.
• Understand Commercial Strategy and how this will impact Credit Risk in the portfolio through regular discussions with senior bench leads.
• Selectively review and present Portfolio Level reviews to the Credit LT and Commercial Stakeholders on specific parts of the book to discuss and agree risk appetite.
• Act as the key interface to senior management on portfolio level risk including as part of the regular governance forums to ensure awareness and alignment.
• In-directly manage and mentor members of the Kuala Lumpur Portfolio Team.
• Involvement in broader Credit projects in support of the Head of Credit team strategy.

Essential Experience & Job Requirements:

• Extensive Credit Risk experience, including a deep understanding of large or complex portfolios. Commodity experience, both physical and financial strongly preferred.
• Proven ability to cover multiple Credits in a dynamic environment, efficiently identifying triggers and risks in response to news and market changes.
• In-depth Credit fundamental and analysis experience including assessing financial documents and business model risk.
• Experience in driving own book of work and delivering against multiple initiatives.
• Experience of in-direct management and influencing partner teams towards a common goal.
• Demonstrate curious mind-set for the macro environment and able to link external risk to the impact on the Portfolio.
• Action orientated with proven examples of delivering solutions and actions to better position risk in the book.
• Strong communication skills (verbal and written) and inter-personal skills including engaging senior collaborators.

Desirable Criteria & Qualifications:

• Commodity experience, both physical and financial.
• Degree educated (Business, Economics, Accounting, other quantitative degrees) or demonstrating equivalent practical experience.

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 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.