Trading Compliance Manager

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• Travel required: Up to 10% travel should be expected with this role.
• Job category: Ethics & Compliance Group
• Relocation available: This role is not eligible for relocation.

We aim to be a very different kind of energy company by 2030 as we scale up investment in low-carbon, focus our oil and gas production and make headway on reducing emissions. Our new strategy kickstarts a decade of delivery towards our #bpNetZero ambition.

The Trading Compliance Manager located in Brazil is a key member of the Ethics & Compliance (“E&C”) Trading and Shipping (“T&S”) team supporting the Refining and Products Trading Americas (“RPTA”) business. The purpose of the team is to promote compliance with externally defined laws and regulations, the bp Code of Conduct, Global Trading Guidelines and other internal procedures and policies, through the development, implementation and maintenance of a program consistent with Group Ethics & Compliance strategy.

This position will be instrumental in driving the compliance framework by ensuring the surveillance program is robust, delivering training on compliance topics in an innovative way and participating in trading, marketing and origination strategies by providing guidance to the business to ensure compliance with rules, regulations and bp´s internal policies and procedures.

This role primarily oversees and supports RPTA’s Global Lights trading business, but as bp’s businesses continue to develop in Brazil, this role will also provide in-country support for other T&S business (e.g. crude & products, LNG and others).

PLEASE SUBMIT YOUR CV IN ENGLISH!

Key accountabilities

• Understand existing laws, rules and regulations impacting the Brazil sugar/ethanol trading & marketing business while monitoring for developments, proposals and new regulatory requirements to assess potential impacts and be part of the implementation of systems, processes and procedures to meet these requirements.
• Conduct proactive compliance risk assessments and reviews of trading activity, strategies and business communications ensuring compliance with applicable rules and regulations enacted by external regulatory authorities (ie CADE, ANP, and CVM but also including B3 exchange regulations and rules).
• Form strong working relationships with Commercial Teams, Legal, Regulatory Affairs, Commodity Risk, Finance, Innovation & Engineering, and Counterparty Due Diligence to facilitate strategic alignment and support of the overall E&C T&S Program.
• Actively participate in commercial team meetings to better understand strategies and be sought after as an expert for advice on E&C issues so as to facilitate the creation of a robust ethical and compliant culture.
• Represent E&C when participating in cross-regional and cross-functional projects supporting Trading & Shipping’s businesses in Brazil.
• Develop and deliver training sessions on E&C related topics and provide timely and accurate advice to the RPTA businesses.

Essential education & job criteria

• 5-10 years working in or supporting, from a compliance perspective, an energy commodities trading business.
• Knowledge and understanding of traded products, markets and strategies, both physical and paper-based trading.
• Strong understanding of local/federal regulations and ABC and AML compliance.
• Creating and managing compliance information & performance reporting showing integrity, courage and sound judgement about compliance & ethics.
• Fluency in Portuguese and English is a must.

Desirable criteria

• Experience and exposure in the regulatory arena, with particular emphasis on compliance, control or legal matters. Proven knowledge of B3 and ICE US regulations and reporting requirements.
• Working experience in a multi-national energy company.
• Compliance certification.
• Support and delivery of training materials.

Additional criteria

• Ability to understand and synthesize legal and regulatory concepts and translate for business stakeholders.
• Ability to develop and keep positive and trustful relationships and networks, capable of adopting a variety of styles to achieve the desired result.
• Strong work ethic and ability to work creatively to achieve identified goals, both individually and as a great teammate working in a global role.
• Problem-solving skills with ability to see the next step and follow through on operational detail.
• Leadership, proactive and independent attitude with great attention to detail.

At bp, we provide a phenomenal environment & benefits such as an open and inclusive culture, a great work-life balance, learning and development opportunities to craft your career path, life & health insurance, medical care package, meal vouchers, annual cash bonus, pension plan and many others benefits!

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. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process and to perform crucial job functions.

Travel Requirement: Up to 10% travel should be expected with this role.

Relocation Assistance: This role is not eligible for relocation.

Remote Type: This position is a hybrid of office/remote working.