CDD Senior Analyst

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.

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.

Join our Counterparty Due Diligence Team in Budapest and advance your career as a

CDD Senior Analyst

The role holder is responsible for accurate, timely and effective on-boarding of new counterparties, and periodic CDD review of already existing counterparties of bp’s supply, trading and shipping (ST&S) organization. The CDD senior analyst is responsible for the operation of robust control processes over quality of CDD records as well as AML/ABC/CTF/sanctions risk associated with counterparties. The CDD senior analyst works closely with regional CDD teams, the commercial organization, Ethics and Compliance, legal teams and other functions within FBT (e.g. reference data and settlements).

This role will also ensure that the on-boarding and periodic review process meets UK and International AML/KYC regulatory standards and bp and ST&S policies.

Consistent with finance strategy, this role should support initiatives driving efficiencies through automation and process improvements and capability development of the team.

In this role You will:

• Ensure effective compliance with the ST&S AML Standards through the review of existing and new counterparties:
  • Research, process and assess external / internal information available.
  • Conduct negative media and other adverse information screening on counterparties.
  • Construct, assess and clearly present risk profile of counterparties.
  • Raise all concerns and red flags to senior CDD levels as appropriate.
• Manage a large portfolio of in-flight reviews with competing priority.
• Maintain and enhance effective interaction and communication with key collaborators in other units / business areas of ST&S as well as counterparties directly.
• Influence and initiate improvements to current CDD processes to increase control and efficiency.

What You will need to be successful:

• Relevant finance or legal degree, other certificates and equivalent experiences combined could be taken into consideration
• A few years of experience in control, compliance, or finance area
• Knowledge of KYC/AML control functions, and CDD experience ideally within a financial services or commodities trading business is preferred.
• Solid understanding of underlying financial crime/corruption/sanctions risks.
• Ability to manage own workload and deal with competing priorities.
• Strong interpersonal and communication skills.
• Ability to work and deliver as part of a team in a fast-paced environment.

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Hybrid working arrangement aligned with team arrangements and business needs
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Celebrate in bp’s success. You may be eligible to join bp’s Global ShareMatch plan. This non-contractual benefit lets employees buy bp shares and receive matching shares, in line with plan rules
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office ma