Entity:

Finance

Job Family Group:

Finance Group

Job Description:

As a leading global energy company, we provide heat, light and mobility to customers worldwide. Across the bp landscape, we’re home to a range of brands across many areas of our industry.  We’re investing in today’s energy system and helping build out tomorrow’s. So while we’re still in oil and gas, over the next decade we’ll become a different kind of energy company. We’re decarbonizing and diversifying our business, fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.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 world. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at FBT Malaysia. 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.

The Credit & Trade Loan Analyst role plays an essential role in building and maintaining professional relationships with key partners – Customers, Legal, Credit Collection teams and external service providers while working on continuous improvement projects. 

Key Accountabilities

Understand the business and drive execution

• Regular meetings with the business to understand developments in the market, business strategies, customer needs etc.
• Contributes to collecting information on credit & trade loan related sales requests, product and process modification, evaluating it from credit risk perspective, making proposals to senior credit management and discussing it with sales partners.

Trade Loan Operations support

• Perform regular and event driven Trade Loan evaluations, perform Customer Due Diligence to understand the financial and commercial prospects of the customer.
• Prepare Financial Memorandum (FM), validate & submit trade loan proposals for approval and ensure that they are aligned with BP financial guidelines (e.g. IRR, Credit Risk, NHF).
• Liaise with cash & banking teams to ensure the payments are issued to the customers as per agreement signed.
• Prepare trade investment agreement, Purchase order, invoice, legal letters and other relevant documents.
• Monitor Trade Loan fulfilment, identify key, strategic or high risks related to trade investments and take actions together with the relevant partners.
• Evaluate and articulate the underlying delivery of actuals vs. the target (Volume and Gross Margin) monthly and take necessary actions as per the Contract.
• Perform reconciliation between the sub-accounts and the main GL accounts to ensure that the account balances are valid and accurate.
• Manage end to end Trade Loans application process, including proposal, approval and contract preparation for all trade investment and ensuring accuracy.
• In-depth knowledge of accounting entries related to end-to-end Trade loan activities.
• Performs various regular reporting activities and ad hoc repoting’s in an accurate and timely manner.
• Ensure compliance to relevant Trade Loan, Credit and Customer Policy for respective businesses.

Project & Partner Management

• Enable project implementations by supporting project teams and managing the own portfolio.
• Build and maintain professional relationships with key partners – Customers, Legal, Credit Collections teams and external service providers.

Qualification, Experience and Competencies

• Bachelor’s degree in Business, Finance, Accounting or related field.
• Minimum 4 to 5 years of experience in Finance, Accounting, Credit Assessments, Collections or Financial performance in an international environment.
• Shared service centre experience; preferably in oil and gas industry, lubricants industry.
• Written and spoken proficiency in English language.
• Proficiency in MS Office / JDE/SAP & Power BI.

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, paid parental leave policy 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.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.