Trading Operator at bp - Trading Operator

About The Role


The Nigeria Trading Operator handles the logistics of physical deals ensuring that all safety obligation, contractual & compliance and commercial obligations are met. Trading Operators have a key role to play in ensuring that the front to back process runs efficiently and that valuable data and information is collected, entered and forwarded in a timely manner to provide support to many other teams within ST&S allowing effective management of the business.


What You Will Deliver


You will be responsible for the contractual and financial performance of sales and purchase agreements. This will involve working closely with traders to improve profits and minimise losses on trades.
Trading Operators are required to nominate oil movements and prepare all documentation instructions.
Where appropriate you will appoint Cargo Assurance and/or independent inspectors.
A crucial part of the role is to supervise all liftings, maintaining awareness of demurrage implications and investigating outturn losses.
It will be crucial to adhere to HSSE and BP policies.
Trading Operators will recognise and understand concepts of pre-finance and work with the credit teams to administer letters of credit, where appropriate.
Individuals will develop strong working relationships with traders, third parties, associates and other ST&S departments.
You will be required to enter timely and accurate trade data into the Trading Operations system of record, Operations Workbench (OWB)
The team actively assist in the design and development of the systems that the business will be implementing for the future benefit of ST&S and you may be requested to support and test new releases to ensure the system is fit for purpose.
Accurately supervise stock positions within BP owned and third-party tankage on a daily basis using stock tracking tools, balancing with BP's central operations system (OWB)
Maintain, improve and update stock tracking tools and document handling processes, aiming for automation where possible.
Support vessel operators for inbound cargoes discharging to counterparty and BP leased facilities
Supervise region-wide inbound vessels using BP's vessel tracking tools.
You may be required to provide cross‑cover for other RSO operators within the team to support terminal operations and tankage management in the relevant country.
Collaborate with and manage relationships with in-country agents (e.g., collateral managers, customs agents, superintendent) and service providers (e.g., terminals, storage facilities) with strict adherence to BP's E&C policies.
See to timely payment of ancillary fees that are key to in-tank sales operations e.g., storage and jetty/ pipeline throughput fees.
See to organized filing of key documentation e.g., bills of lading, customs declarations, custody transfer certificates.
Timely issuance of key documentation to facilitate operations and to enable payment from counterparties.
You will be expected to have a thorough understanding of contractual agreements as well as our commercial position with respect to third party term contracts.
Collaborate closely with local front office team in cargo planning and open credit facility management.
Working closely with exposure and commodity risk teams to ensure volumes are hedged against flat price risk, and accounted for.
Quarterly applications to local regulator for laycans in collaboration with commercial manager and local origination team.
Stay abreast matters of fuel quality and standards, making sure to alert front office team of any changes to fuel specifications locally.
Lead operational component of new business development endeavors, seeking assistance from wider operations teams where vital.
Ensuring that all compliance documentation for agents and service providers are up to date.


What You Will Need To Be Successful


Strong commercial instinct
Flexible and open thinker
Pro-active and independent worker
Ability to work under pressure
Ability to prioritise and coordinate work
Ability to work to numerous and frequent deadlines
A strong standout colleague
Influencing skills
Performance Bias - focuses efforts and prioritises work to deliver business value
Business Awareness - takes account of inter-relationships between customers, suppliers, & the organisation
Partnership and Collaboration - actively engages and respects the diverse contributions of team, partners or networks
Digital skills (e.g., VBA/EXCEL and Python) and/ or a willingness to develop these skills.
Knowledge of local and regional downstream petroleum sector