bp
Compliance Director, RPTE&A and Supply – Supply, Trading & Shipping
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Job Family Group:
Ethics & Compliance Group
Job Description:
Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.
We are hiring Compliance Director, RPTE&A and Supply – Supply, Trading & Shipping!
The role is within bp’s Refining and Products Trading business in Europe & Africa and globally for Supply activities. This role is accountable for providing senior Ethics & Compliance (E&C) leadership across RPTE&A and Supply, enabling safe, compliant commercial activity while ensuring bp maintains effective, independent and risk-based oversight across complex trading, shipping and regulatory environments.
The role is based in London.
Key Accountabilities:
- Lead and oversee the E&C ST&S program for RPTE&A and Supply (including policies, procedures, and trainings, consistent with legal, regulatory, and bp standards including the bp Code of Conduct, and GTGs) to prevent, detect, and manage non-compliance across RPTE&A and/or Supply, while continually assessing its effectiveness, independence, and alignment with bp’s governance framework and emerging risks.
- Maintain oversight of the surveillance and monitoring program in RPTE&A and assess the adequacy of compliance processes and controls. Program includes monitoring of transactions and business communications for issues related to anti-market manipulation, anti-bribery and corruption, competition and anti-trust, international trade sanctions, and anti-money laundering, and reviews such as regulator-required assessments, trading bench reviews, and HRA reviews.
- Exhibit strong leadership on the full range of compliance matters across RPTE&A and Supply, including Speak Up, integrity, and accountability.
- Be a respected and fully participating member of the leadership team of the VP E&C ST&S and play an active role in setting the direction of the function. Work for the success of peers and wider org.
- Provide strong leadership to the ST&S RPTE&A LT and Supply LT on E&C matters.
- Manage timely investigations of matters and concerns which arise.
- Build and maintain strong relationships with all stakeholders, including Legal, P&C, F&R, BI, and front office. Influence senior stakeholders sometimes on difficult matters such as disciplinary issues, which involves balancing relationships with maintaining independence and delivering clear messages around compliance standards.
- Develop and maintain a strong working knowledge of the business activities, personnel, entities, and offices relevant to each of Supply and RPTE&A and, including in the case of RPTE&A, those activities undertaken outside of RPTE&A which may be booked to RPTE&A’s legal entities.
- Develop and maintain a strong understanding of regulatory developments relevant to trading and shipping, and of E&C ST&S policy requirements, particularly in terms of their impact on activities on RPTE&A and Supply.
- Maintain responsibility for relationships and work with internal and external stakeholders, including regulators, exchanges, trading venues, and governmental authorities on compliance matters.
- Lead and manage the RPTE&A E&C team and Supply ECL, including performance management and career development. Ensure a strong minimum analytical capability across the E&C team.
- Work in close cooperation with the Compliance Director-RPTAP and Compliance Director-RPTA to ensure regional approaches are generally consistent (except where the differences are clearly warranted by circumstances), best practices are adopted across RPT E&C globally, and robust support across time zones for the RPT business.
- Innovating, re-thinking, and questioning ways of working to drive continuing improvement.
- All accountabilities and expectations of an E level leader.
- Other duties as assigned. As part of a dynamic and ever-changing business, responsibilities and portfolios may evolve over time.
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Requirements
Essential Education:
- University degree or equivalent working experience.
Essential Skills and Experience:
- Track record of strong leadership experience.
- Extensive experience in a commodity trading business either in a Compliance, Finance, Risk, Legal, or front office capacity.
- Strong understanding of global regulatory frameworks relating to ethics and compliance.
- Deep appreciation of the risks inherent in trading and supply activities, including market, operational, legal, regulatory, and reputational risks.
- Able to assess complex/technical issues and make tough calls.
- Ability to lead, coach, and continually develop and enable an inclusive, energized, and high-performing team that is interoperable and focused on effective prioritization and problem-solving.
- Proven ability to operate independently, exercise sound judgment, seek pragmatic solutions, and provide credible challenge from junior through to senior leadership levels.
- Exemplar and role model for ethical, value-focused leadership and ability to engender followership.
- Strong writing, communication, interpersonal, influencing, and impacting skills to engage up to EVP level and with those stakeholders that do not report to the post holder (e.g. Legal, F&R, P&C).
- Cultural and geopolitical awareness.
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Desirable criteria and qualifications:
- Familiarity and/or relationships with key regulators and exchanges in Europe & Africa.
Why join our team?
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 crafting 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, collaboration spaces in a modern office environment, and many others! We operate a hybrid model with 60% from the office and 40% from home with flexibility as agreed with line management.
Travel Requirement:
Some travel may be required with this role, this is negotiable
Relocation Assistance:
This role is not eligible for relocation
Remote Type:
This position is a hybrid of office/remote working
Skills:
Agility core practices, Analytical Thinking, Communication, Conflict Management, Consulting, Courage, Data Analysis, Decision Making, economies and structures, Employee and labour relations (Inactive), Ethical judgement, Global Perspective, Global trend analysis across society, Influencing, Intelligence writing and briefing, Issues and Policy Management (Inactive), Knowledge Sharing, Legal and regulatory analysis, Presenting, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic Thinking, Writing 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.
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