Trade Loan Analyst

BP Business Service Centre Asia Sdn Bhd; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

Join a leading global energy company as a Trade Loan Analyst, responsible for evaluating trade loan activities and optimizing credit risk management. This role requires a strong background in finance and offers the opportunity to contribute to a transformative energy agenda while delivering exceptional customer service.

Benefits

Flexible working options

Paid parental leave policy

Qualifications

• 3-4 years experience in Finance, Accounting, Loan Application, Credit Assessments.
• Shared service centre experience in oil and gas or lubricants industry.
• Written and spoken proficiency in English.

Responsibilities

• Evaluate and prepare trade loan proposals and financial memorandums.
• Monitor Trade Loan fulfillment and evaluate performance metrics.
• Ensure adherence to local policies and operational excellence.

Skills

Analytical Thinking

Data Analysis

Credit Management

Financial Reporting

Customer centric thinking

Education

Bachelor’s degree in Business, Finance, Accounting or related field

Tools

MS Office

SAP

JDE

Power BI

Job description

Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry.We’re investing in today’s energy system and helping build out tomorrow’s.So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

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 world. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at FBT Malaysia. 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.

The Trade Loan Analyst is responsible for trade loan activities with an aim to deliver business goals, optimizing a balance between credit risk and reward by applying good business judgement. This includes calculating and evaluating Trade Loans, preparing and submitting proposals for authorisation, evaluating trade finance performance, supporting the commercial evaluation, legal recovery and business support to the bp Sales teams. Position holder need to ensure adherence to local policies and procedures in drive for outstanding customer service, operational excellence and compliance. This position is part of wider FBT Asia organization and is encourage to provide back up for other countries in the region to support Credit & Trade Loan agenda.

Key Accountabilities

• Perform regular and event driven Trade Loan evaluations, perform Customer Due.
• Diligence to understand the financial and commercial prospects of the customer.
• Prepare Financial Memorandum (FM), validate & submit trade loan proposals for approval and ensure that they are aligned with BP financial guidelines (e.g. IRR, Credit Risk, NHF).
• Liaise with cash & banking teams to ensure the payments are issued to the customers as per agreement signed.
• Prepare trade investment agreement, Purchase order, invoice, legal letters and other relevant documents.
• Monitor Trade Loan fulfillment, identify key, strategic or high risks related to trade investments and take actions together with the relevant partners.
• Evaluate and articulate the underlying delivery of actuals vs. the target (Volume and Gross Margin) on a monthly basis and take necessary actions as per the Contract.
• Perform reconciliation between the sub-accounts and the main GL accounts to ensure that the account balances are valid and accurate.
• In-depth knowledge of accounting entries related to end-to-end Trade loan activities.

Qualification, Experience and Competencies

• Bachelor’s degree in Business, Finance, Accounting or related field.
• Minimum 3 to 4 years of experience in Finance, Accounting, Loan Application, Credit Assessments, Collections or Financial performance in an international environment.
• Shared service centre experience; preferably in oil and gas industry, lubricants industry.
• Written and spoken proficiency in English language.
• Proficiency in MS Office / JDE/SAP & Power BI.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging 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! These benefits can include flexible working options, paid parental leave policy 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.

Skills:

Accounting for financial instruments, Accounting for financial instruments, Accounting policy, Agility core practices, Agility tools, Analytical Thinking, Analytics, Business process control, Business process improvement, Commercial Acumen, Commercial assurance for external reporting, Communication, Creativity and Innovation, Credit Management, Curiosity, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Automation, Digital fluency, Financial Reporting, Influencing, Internal control and compliance, Long Term Planning {+ 4 more}

For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.