Lead Commercial Development - Singapore - bp

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Job summary

Entity:

Finance

Job Family Group:

Strategic Planning & Business Development Group

Trading and Shipping (T&S) is bp's face to the traded markets in oil, gas, power, chemicals and finance.

T&S's role is to improve Group value through distinctive supply, commodity trading, risk management and information technology skills underpinned by a world class finance, control and compliance infrastructure.

T&S has a dynamic and highly skilled workforce, which brings value by combining analysis and commercial innovation with the material asset base of bp.

Commercial Development (CD) team exists to enable commercial growth opportunities by supporting deal shaping, providing independent challenge and clearly articulating risks and rewards to allow sound business decisions.

CD team project leads individual deals, exhibiting deep ownership and understanding of the business opportunity.

CD team ensures that business cases are expedited through the organization and help Originators in developing deals and commercial agreements that align with internal requirements.

CD team coordinates business approvals and ensures effective engagement with internal collaborators and fit for purpose assurance.

This role offers an excellent opportunity to develop leadership and critical thinking skills while growing networks within the commercial and technical teams, and is ideal for an individual looking to acquire deeper commercial exposure.

Key Accountabilities

Support senior management decision making by providing insight for the selection, shaping and endorsement of the right deals
Visibly demonstrate leadership on key commercial opportunities from inception through operations, including developing a project plan, guiding relevant resources throughout the process, and ensuring successful commercial delivery
Commercial partner working with Origination assisting in the development of external agreements
Project lead and provide input to the development of Functional, Control, and Financial framework for new strategic growth activity to provide transparency, assurance, and clarity to facilitate the progression of strategic growth initiatives
Provide input into deal structure and terms to improve bp benefits and help Originators develop a powerful business case
Own connectivity to the bench operating boards and be the single point of contact for commercial activity triggered by Trading and Origination
Provide linkage and engagement with other business functions such as Legal, Ethics & Compliance, Commodity Risk, Credit Risk, Settlements, Tax, Treasury and I&E to facilitate business efficiencies for Trading and Origination and to ensure successful delivery of commercial projects and integration of new business activities
Ensure forwardthinking delivery of sophisticated activity while adhering to the T&S control framework (e.g. Assurance and Approval, CVP, Major Project and GIAAP guidelines) via fit for purpose assurance
Provide support in driving business cases, economics, and approval documents that align with bp standards
Deal monitoring through the new deal approval lifecycle to highlight amendments and track actions
Post deal execution monitoring, performance reporting, review and boundary tracking
Liaise with internal collaborator for successful delivery of transformation projects and the integration of new business activities
Leverage on successes and experience on the global CD network

Education, essential experience and job requirements:

Bachelor's degree required; MBA advantageous
Min 810 years of experience in commercial delivery, finance, trading and supply related roles
Very strong organizational skills and the ability to adapt quickly to changing circumstances
High level of competence in understanding and presenting executive management information
Demonstrated ability to influence outcomes through inquiry and problem solving
Strong project management skills and the ability to coordinate activity across multidisciplinary teams
Strong commercial competence with quantitative toolkit
Ability to work with people at all levels and across organization

Desirable criteria and qualifications:

Technical experience in structured financing / project financing approaches
Familiarity with approaches of funding projects and companies including balance sheet and ratio analysis, modelling and commercial agreements
Familiarity with digital/automation tools and agile practices

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 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 offer benefits to enable your work to fit with your life These benefits can include flexible working options, paid parental leave policy amo