Business Development Analyst

BP Chicago, United States , IL

Posted 3 weeks ago

About BP


This is the place to truly drive change. Our people develop hydrocarbon resources, deliver projects, operate refineries as well as oil and gas production assets.

Join us and make a difference by:

  • making our production and operations safer and more standardised
  • driving quicker reduction of our carbon emissions
  • growing cash returns and delivering improved reliability and optimisation
  • maximising efficiency through sharing resources
  • accelerating the digital transformation of our operating assets
  • developing our people faster, leveraging the scale of P&O
  • building greater integration and collaboration in service of our purpose

Job Family Group

Strategic Planning & Business Development Group

Job Profile Summary

Responsible for supporting the exploration and development of new business opportunities, contributing to the successful development of offers, building relationships with appropriate partner/supplier contacts and supporting execution of strategic projects, whilst exercising a combination of commercial and technical rigor to help achieve BP's growth objectives.

Job Advert

The Business Development Analyst (BDA) reports to the Cherry Point Business Development Superintendent and is accountable for delivering lasting performance improvements through management of the Business Improvement Plan (BIP). The BDA provides a strategic view of the business utilizing multiple lenses including Solomon and internal benchmarking, the BIP, input from integrated supply and trading, amongst other processes. The BDA also acts as project sponsor for key refinery projects; in this capacity they provide leadership and challenge to the front-end loading stages of project development, lead projects through the socialization, approval, and funding processes. They further ensure that Cherry Point's strategic vision overlays all major investment decisions and business development activities.

Key Accountabilities

Business Improvement- Coordinate and manage a 5-year business plan that drives improvements in operation, safety, cost, commercial performance, and competitive positioning at the refinery. Key point of contact for communicating this plan to segment during annual strategy and plan processes.

Project Sponsorship

  • Act as the "economic conscience" for capital projects (TIC >$10M) in the Appraise, Select, and Operate (post-project evaluation) stages. Provide leadership and challenge to ensure that only the right projects at the right time get funded. Participate in project governance, establish clear and prioritized project objectives, prepare and proactively network Financial Memoranda, and support major projects through concept selection.

Asset Strategy Development

  • With other team members in the Business Development and Central Strategy teams, develop and refine Cherry Point's Asset Strategy. Including development of system-specific investment plans and permitting strategies to deliver broader bp aims and strategy.

Business Innovation and Development

  • Pursue internal and external business development opportunities that leverage the refinery's assets to maximize gross margin, reduce costs, and enable bp to deliver its Net Zero ambition. Develop strong working relationships within refinery asset teams and central functions. Understand the impacts of legislation, available subsidies, and synergies for project financing and strategy.


  • Minimum of bachelor's degree in engineering, business, or another relevant field required.

Essential Requirements

  • 5+ years relevant experience in refining projects, operations, engineering, and/or commercial areas

  • Strong Excel skills

  • Strong interpersonal skills and ability to influence


  • Business analysis experience informing asset investment decisions.

  • Strong refinery process knowledge and the ability to think creatively about how to extract maximum value out of the asset while delivering bp's strategic aims.

  • Able to work under pressure, manage simultaneous priorities, and meet challenging deadlines.

  • Strong written and verbal communication skills.

  • Strong "one team" mindset.

  • Demonstrated application of refining and marketing economics, procurement and accounting processes, and/or contracting strategies.

  • Demonstrated application of stage-gate project management processes and project evaluation measures.

  • Able to manage "depth of study" with specific task objectives (adequately stress-test options from a wide range of perspectives without imposing accuracy standards that stifle progress)

  • Experience developing refinery LP cases to support decision making.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Analyst Refining Products & Low Carbon Credit


Posted 2 weeks ago

VIEW JOBS 9/28/2021 12:00:00 AM 2021-12-27T00:00 About BP TRADING & SHIPPING 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, fuelled 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 trader. Join us and help us achieve these goals by: * developing and continuously evolving a globally diversified portfolio that accesses new markets, commodities and commercial opportunities * collaborating with our business groups to provide innovative commercial and marine solutions that add value to bp's assets and flows * delivering high-quality earnings and creating an organisation that is swift to identify and optimise market insights * navigating a new era of energy for our planet, by sea * acting with respect and integrity at all times, with the people we work with and the markets we operate in * maintaining a comprehensive, rigorous and holistic risk control framework that ensures we operate in a safe, compliant and efficient way at all times * empowering the deep expertise and leadership of our people Job Family Group Finance Group Job Profile Summary Responsible for supporting leaders through delivery of value-added analysis, research and reporting to provide business understanding and control, including provision of market risk models and analytics and ensuring regulatory compliance in order to support the team's core accountability of delivering independent daily exposures, profit and loss (P&L) reporting and analysis of trading activities. About us 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 trader! Job Advert About the role The Commodities Credit Analyst is a member of the distributed team, responsible for supporting all activity within an assigned portfolio of Trading & Shipping's (T&S) Refining, Products and Low Carbon business. This is a commercially enabling role that must drive business forward while maintaining transparency, control, and an appropriate risk/reward balance. Standard physical and financial "flow" trading alongside structured producer financing for crude, refined products, biofuels, and low carbon are in-scope. They will partner closely with Front Office, Structured Trade Finance, and other professionals across regions to support European, Americas, and global growth strategies, providing a risk management lens to decision making. Essential Experience and Job Requirements * At least four years' experience in corporate credit risk management, or a related function within a financial institution, commodity trader, or similar. Strong analytical and financial skills. * Excellent interpersonal skills and comfort working with both senior partners. A strong teammate who is also comfortable working autonomously and under the demands of a fast-paced work environment * A passion for the subject and relentless commitment to excellence Why join us 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 fostering 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! We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Key accountabilities * Operate within established credit and tenor limits to proactively facilitate trading and commercial growth (with awareness of associated risks and control accountabilities always coming first). * Work with Origination and Legal to develop and negotiate key credit-related clauses. Monitor ongoing compliance with credit limits and terms, maintaining related data within T&S's systems and raising any issues or concerns. * Master the key drivers of credit exposure within a trading relationship, including vulnerabilities of each counterparty's liquidity, capital structure, and competitive position * Use contractual terms, letters of credit, guarantees, lien structures and similar protections to unlock value and deliver positive commercial outcomes. Collaborate with Structured & Trade Finance to externalize credit risk * Foster cross-functional awareness of key credit drivers and protections, ensuring sound and transparent decision-making around material credit decisions. Assist with global initiatives as required. * Demonstrate an opportunistic attitude, working proactively to facilitate commercial growth (with awareness of associated risks and control accountabilities). Develop constructive relationships that enable the open and timely flow of information and interventions. Essential Education * Bachelor's degree or equivalent required. Desirable Criteria Desirable criteria are those that may enable the candidate to perform better & qualifications or require a shorter familiarization period. During the selection process evidence should be sought to gain an understanding of the extent to which candidates who satisfied the minimum criteria demonstrate the desired criteria for the role. This evidence will then allow differentiation between the candidates and form the basis for selection. BP Chicago, United States IL

Business Development Analyst