Retail Supply Trader

BP; United States; Hybride; USD 120 000 - 190 000; Plein temps

Avantages offerts par ce poste

Generous parental leave policy

Excellent retirement benefits

Hybrid work model

Résumé du poste

bp’s Retail Supply Trader role focuses on profitability analysis of the retail electricity load portfolio, developing solutions through fundamental analysis and market acumen.

You will work with affiliate units to maintain pricing, hedge activity, and manage non-standard product deals while aligning with regulatory and internal policies.

The role requires a quantitative degree, experience in analytics and trading, and comfort with cross-functional collaboration in a hybrid work setting.

Qualifications

• Bachelor degree in a quantitative field such as math, statistics, IT, quantitative finance or engineering.
• Mid level experience related to retail analytics, trading, demand response, portfolio optimization, asset optimization.
• Strong working knowledge of ISO markets, the electric power grid and marketplace, specifically ERCOT, NYISO, NEPOOL, MISO, PJM regions.
• High level of proficiency in Excel and working knowledge of VBA and SQL required. Python working knowledge preferred.
• Analytical skills required for pricing, risk assessment and transaction structuring.
• Strong individual contributor with consultative style and strong collaboration and teamwork.
• Skilled at working across multi-disciplinary functions and departments.
• Proficient in collecting, querying, organizing, and analyzing complex data, evaluating information, and drawing logical conclusions.

Responsabilités

• Support Portfolio Optimization team by maintaining transactable prices for approved tradable products and market information.
• Provide market access, price discovery and transaction execution in approved products for BP clients.
• Work with Marketing to align opportunities with trading ideas.
• Maintain customer relationships through market knowledge and clear communication.
• Responsible for hedging and optimization around BP's retail customer portfolio.
• Price, manage and book deals involving non-standard products and locations.

Connaissances

Retail analytics

Trading awareness

Excel proficiency

Python knowledge

SQL knowledge

Risk assessment

Collaboration

Formation

Bachelor degree in quantitative field

Outils

Excel

VBA

SQL

Python

Description du poste

About bp

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes, and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy trader!

About the role

The Retail Supply Trader will participate in the management and profitability analysis of the Trading Commercial & Industrial retail electricity load portfolio. This individual will identify opportunities and work with affiliate business units and functional groups to develop and deploy innovative solutions that leverage fundamental analysis, advanced analytics, and market acumen.

Key Responsibilities

• Support Portfolio Optimization team by maintaining and providing transactable prices for approved tradable products as well as market information to the retail pricing functions, salespersons and customers
• Provide market access, price discovery and transaction execution in approved products for BP clients
• Work closely with the Marketing team to help guide their efforts to provide opportunities that are aligned with trading ideas
• Help maintain customer relationships when called upon where superior market fundamental knowledge can be leveraged and the ability to articulate that knowledge to broader audiences
• Responsible for all hedging and optimization activity around BP's portfolio of retail customers
• Price, manage, and book deals consisting of a variety of non-standard products which include shaped schedules, odd-lots deals, off-hub locations and options
• Assist in the development of the Portfolio Management strategy
• Help identify structured opportunities and participate in closing those transactions when necessary
• Manage the risk associated with a non-standard portfolio while adhering to allocated risk limits
• Manage forecasted load deviations and exposures in prompt and cash months
• Work closely with the Legal Team to draft customer specific contract language as needed
• Build and maintain databases as necessary
• Understand and align with all internal policies as well as those of CFTC, SEC, FERC, and any other regulatory body or exchange

Essential Education, experience and requirements

• Bachelor degree required in a quantitative field such as math, statistics, IT, quantitative finance or engineering
• Mid level experience related to retail analytics, trading, demand response, portfolio optimization, asset optimization
• Strong working knowledge of ISO markets, the electric power grid and marketplace, specifically in the ERCOT, NYISO, NEPOOL, MISO, PJM regions
• High level of proficiency in Excel and working knowledge of VBA and SQL required. Python working knowledge preferred
• Analytical skills required for pricing, risk assessment and transaction structuring
• Strong individual contributor with consultative style and strong collaboration and teamwork
• Skilled at working across multi-disciplinary functions and departments
• Proficient in collecting, querying, organizing, and analyzing complex data, evaluating information, and drawing logical conclusions

Why join us

At bp, 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, including a generous paid parental leave policy and excellent retirement benefits, among others!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, 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, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement

Negligible travel should be 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

• Agreements and negotiations
• Analytical Thinking
• Business Acumen
• Commercial Business Development
• Continuous Learning
• Customer promise execution
• Customer service delivery excellence
• Deal modelling and valuation
• Developing and implementing strategy
• Influencing
• Internal alignment
• Listening
• Loyalty Management
• Marketing strategy and programmes
• Negotiating value
• Negotiation planning and preparation
• Partner relationship manage