Commercial Risk Advisor

Entity:

Job Family Group:

Job Description:

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 company!

The Commercial Risk Advisor is responsible for developing and maintaining an accurate, collated view of risk in RS&M’s (Refining Supply & Midstream) US midstream businesses, which are primarily some form of joint venture (JV). This is delivered through championing the NOJV (Non-Operated Joint Venture) risk management procedure and ensuring effective NOJV risk management for 14 US joint ventures.
 

Provide exposure risk support in management of bp’s interest in the US JVs, including commercial project opportunities, as well as providing support for SCCC (Strategic & Commercial or Compliance & Control) risk assessments for bp-operated US midstream JVs.

• Serve as the Risk Process Owner (RPO) for the US RS&M JVs, ensuring NOJV risk management is delivered in accordance with bp’s NOJV Solutions, NOJV Risk Management Procedure
• Facilitate the NOJV risk assessments, including delivering the annual risk workshop and mid-year validation
• Engage JV asset managers, functional assurers, risk practitioners and others to conduct risk workshops to assess and quantify inherent and exposure risks, define barriers, and develop Exposure Risk Management Plans
• Monitor NOJV risks and Exposure Management Plan (EMP) actions for timely delivery, notification of material changes, and trigger updates with relevant regional or functional risk coordinators
• Ensure evaluation of bp’s JV participation strategy (ie Posture) in each JV, and alignment of the EMP to the strategy
• Own and maintain NOJV Database entries, capturing identified risks, updating over time, and supporting annual review requirements
• Ensure proper notifications, in conformance with the NOJV incident reporting, HSE recording & learning procedure, within bp when JV incidents occur
• Aid conformance to the NOJV Director & Asset Manager appointment process, ensuring barriers to avoid conflict of interest and MoC onboarding of NOJV roles
• Manage the risk notification endorsement process for emerging JV risks based on their placement on the 8x8 matrix
• Support commercial project development, ensuring bp exposure risks are appropriately considered
• Participate with bp’s T&P (Terminals & Pipelines) organization in the assessment of potential SCCC risks across T&Ps operations
• Work with RS&M European midstream RPOs for consistency and best practice sharing
• Serve as the main contact point between the Commercial midstream logistics team and the NOJV Solutions group

• University degree (Business or Engineering Preferred)
• Senior experience in similar job.
• Exposure to bp’s risk assessment processes
• Understanding of the midstream business, including midstream’s value to crude supply, product supply, sales & marketing and refining strongly desired.
• Ability to develop relationships, including influencing across many levels of the organization
• Ability to use multiple inputs to reach a decision
• Strong written and verbal communication skills.
• Ability to build relationships at all levels and across multiple businesses and geographies
• Ability to lead a team when the team members do not have a direct reporting relationship
• Ability to manage multiple activities simultaneously and under time pressure

How much do we pay (Base)? $129,000.00 - 184,000.00 USD Annually

• Note that the pay listed for this position is genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.
   

This position is eligible for US Benefits – Core. This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays.
 

You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules atCore U.S. Benefits. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child.
 

We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. These benefits include a pension for eligible employee.
 

As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability. You may learn more about our generous benefits atCore U.S. Benefits.
 

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

Travel Requirement

Relocation Assistance:

Remote Type:

Skills:

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.