Business Development Analyst

BP Chicago, United States , IL

Posted 3 weeks ago

About BP

PRODUCTION & OPERATIONS

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.

EDUCATION

  • 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

DESIRABLE CRITERIA

  • 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.

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Business Development Analyst

BP