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!
Treasury is committed to delivering competitive financing, risk management and capital solutions for bp and its businesses. Capital Advisory & Structured Finance (CASF) is the Treasury team focused on funding and structuring, financial advisory, arranging of external financing including limited and non-recourse financing and assurance for bp businesses, legal entities and M&A transactions. The team enables group strategy by bringing funding, advisory and liquidity expertise and support to individual bp businesses, delivering additional capital when required, consistently optimising balance sheets and performing transactions with excellence.
CASF is a global team of corporate treasury and structured finance expertise split across Houston, Singapore and London.
About the role
As an advisor in the London team, you will work closely with businesses, regions and functions to shape the optimal funding approach for transactions spanning internal group funding, intercompany structures and external financing. You will advise on how capital is deployed and repatriated across bp's entities, structure and document intra-group loans and equity arrangements, and work alongside Tax, Legal and Accounting colleagues to ensure structures are efficient and robust. Alongside this, you will manage relationships with banks and other capital providers, making sure any external financing solutions are delivered efficiently and in line with bp's financial framework and risk appetite.
You will build strong relationships with internal stakeholders and external counterparties, contribute to the continuous improvement of CASF's processes and controls, and help shape commercial recommendations presented to senior Treasury and business leadership. The role offers broad exposure across bp's portfolio from new country entries and acquisitions to divestments and the opportunity to develop deep technical expertise in internal funding and structured financing.
Key Accountabilities
Working closely with bp’s businesses i.e., Upstream, Downstream or Supply, Trading & Shipping to support their growth and manage financial risks and exposures of their investments;
Regular collaboration with colleagues from other functions across the organization such as tax and legal to manage the corporate structure and funding requirements across bp and its diverse portfolio of joint ventures;
Identifying the optimal financing structure available to projects, including the sources of funding, taking into considerations of local regulatory requirements;
Collaboration with other functions and businesses to ensure that projects that are being developed are bankable based on the identified debt structure;
Provide financing assumptions to business development teams to support the overall project economics assessment;
Playing an active role in building relationships with external financial institutions, including key international and regional banks and multilaterals to gain market intelligence to support bp’s businesses;
Providing financial structuring, advisory and integration planning support to M&A transactions;
Developing and implementing processes that will support the team’s ways of working; and,
Coaching more junior members of the CASF team and having the opportunity to be an active member of the wider Treasury & Tax community.
We are seeking individuals with
Strong financial competence and relationship management skills;
A relevant bachelor’s degree with experience working in a corporate…