BP Business Service Centre Asia Sdn Bhd

Commercial Funding Advisor

Location
Singapore/Remote
Salary
Competitive salary plus great benefits
Posted
01 Mar 2024
Closes
14 Mar 2024
Ref
RQ075718
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job Description:

bp has a fantastic opportunity for individuals with experience in corporate and/or structured finance to be part of an integrated energy company whose strategy is to support the global transition to a low-carbon economy.

Commercial Funding is a globally diverse team of over 20 corporate finance professionals acting as trusted financial advisors to bp businesses providing financial market insight and effective expertise in structuring complex financing transactions. The team is split across London, Singapore and Houston.

Recent activities include:

  • Leading the project financing for one of the world’s largest renewables and green hydrogen energy hubs based in Western Australia
  • Leading the project financing of the world’s first clean gas-fired power plant and carbon dioxide transportation and storage system to decarbonize the UK’s largest industrial cluster
  • Working with our partner EnBW to deploy project finance for the delivery of 5.9GW of clean electricity from offshore wind sites in the Irish Sea and North Sea.
  • Supported LSbp’s $1.8bn credit and trade finance facility to help fuel its new global solar power growth strategy of developing 25GW by 2025
  • Delivered the €4bn external financing of the Trans Adriatic Pipeline and the subsequent $0.5bn re-financing of bp’s share of the Trans Anatolian Pipeline to bring Azerbaijan gas to European markets

This role will provide you with the opportunity to demonstrate your ability to develop and manage innovative funding solutions that support ground-breaking energy initiatives. Our global model will enable you to have the chance to work on transactions in different geographies suiting your skills and ambition.

Key Accountabilities

  • Working closely with BP’s businesses i.e ., low carbon energy, hydrocarbon operations and production, convenience and mobility (including EVs and biofuels), and trading & shipping to support their growth and manage financial risks and exposures of their investments
  • regular collaboration with colleagues from other functions across the organization such as tax and legal to manage the corporate structure and funding requirements across BP’s diverse portfolio of joint ventures
  • Identifying the optimal financing structure available to projects, including the sources of funding, taking into considerations of local regulatory requirements.
  • Collaboration with other functions and businesses to ensure that projects that are being developed are bankable based on the identified debt structure (including non to limited recourse project financing).
  • Provide financing assumptions to business development teams to support the overall project economics assessment.
  • Drive complex/material financing transactions (including project finance) negotiations, due diligence, and documentation to eventual financial close.
  • playing an active role in building relationships with external financial institutions, including key international and regional banks and multilaterals to gain market intelligence to support BP’s businesses.
  • providing financial structuring, advisory, and integration planning support to M&A transactions.
  • developing and implementing processes that will support the team’s ways of working

Key Requirements

  • strong financial acumen and relationship management skills
  • bachelor’s degree with experience working in a corporate finance or financial services environment (preferred)
  • a good understanding of corporate finance theory, domestic/international trade and project financing sources and structures, economic evaluation methodologies, risk and risk management tools, and/or data analytics
  • Project finance experience (strongly preferred), with sound knowledge of the impact of commercial contracts and corporate structures on the bankability of projects, a good understanding of project finance modeling, and export credit agency (ECA) relating financing requirements.
  • good knowledge of energy business/industry, its commercial drivers, and operating environment
  • excellent interpersonal communication, negotiation skills that can successfully be applied to build trust and handle conflicts
  • excellent project management skills with attention to detail
  • self-starter, able to work in a flexible manner both independently and as part of a global team
  • an ability to negotiate and influence without authority and bring clarity to ambiguous situations
  • Mandarin proficiency is preferred.

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, and a 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.

Skills:

Analytical Thinking, Analytical Thinking, Asset and project finance, Banking Relationships, Banking solutions, Cash, debt and liquidity forecasting, Claims Management, Collaboration, Commercial acumen, Communication, Corporate Finance, Corporate structure and group funding architecture, Credit rating management, Curiosity, Debt Capital Markets, Decision Making, Defined benefit pension schemes fund management, Defined contribution pension schemes investment strategy, Digital Automation, Digital cybersecurity, Digital fluency, Equity Capital Markets, Ethical judgment, Financial framework management, Identification and quantification of insurable risk {+ 14 more}

For further information, and to apply, please visit our website via the “Apply” button below.

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