Treasury Trade Operations Senior Analyst​

Entity:

Finance

Job Family Group:

Finance Group

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

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our new Team and advance your career as a

Treasury Trade Operations Senior Analyst

Within FBT, the Group Treasury Operations and Liquidity Management team is leading a change in the way bp views, manages cash, and optimises short term / mid-term cash and long-term financing by leading liquidity processes and supporting Treasury leadership’s decision-making process.

The role of the Treasury Trade Operations team is to ensure that all treasury trades are matched and confirmed prior to cash settlement. Bp Treasury trading  (ST&S Financial Markets Trading - FMT) operate across 3 benches in Chicago, London and Singapore who trade an average of $8bn of treasury flows a day.

The Treasury Trade Operations Senior Analyst is responsible for dealing with all bp's treasury trading counterparties and to verify all trades match prior to cash settlement as part of back-office activities.

This role require an good understanding of the various treasury trading instruments ( money markets , FX markets, etc…) and good communication skills to face all bp's  financial markets trading counterparties back office teams.

In this role, you will review exceptions queues in the Treasury trading system – TMS (WallStreet FX) and manage the daily relationship with relevant internal and external counterparties to agree the trades.

You will work on highly critical daily cut-offs depending on the currencies and trading benches.

This must be performed prior to the daily cash positioning process to allow the Treasury traders to optimize bp's liquidity.

In this role You will:

• Responsible for the preparation  and execution of all deal confirmations in the TMS ( Wallstreet FX) for a range of treasury trading financial products.
• Monitor and resolve exceptions in the TMS for i) automated confirmations matching and ii) manual confirmations matching
• Preparing Collateral CSA (Credit Support Annex for derivatives) margins calculations and recording and confirmation in the TMS.
• Calculate and perform daily FX netting balance confirmations for all three trading benches (Singapore/ London/ Chicago.
• Confirm and create settlement entries in the TMS for swaps.
• Perform Money market loans confirmations on daily basis
• Liaise with other teams to ensure smooth operations; develop and maintain robust Front Office and stakeholder relationship 
• Manage the documentation of business processes which meet the requirements of FBT in support of the standardisation and simplification of the trade operations process models applied to support the Treasury Trading teams
• Understands the importance of controls and the obligation to report control deficiencies such as fraud, potential for failure and failure of internal controls relevant to the Control Process. 
• Handle deviations and exceptions and escalate any significant control breakdown. 

What You will need to be successful:

• Bachelor’s Degree preferably in Finance, Economics, Engineering, Data Science, or another quantitative field experience
• Fluency in English, other European languages could be an advantage
• Strong understanding of treasury financia