Bio Optimiser
Entity:
Supply, Trading & ShippingJob Family Group:
Supply & Trading GroupJob Description:
bp is seeking a Bio Optimiser to join the GLIGHTS bench within our Supply, Trading & Shipping (ST&S) organisation. This role sits at the centre of bp’s European gasoline biofuels activity, supporting both prompt trading and strategic optimisation of existing positions. It is an opportunity to work directly with senior traders, develop the future of bp’s biofuels optimisation strategy, and contribute to one of ST&S’s fastest‑growing global trading books.ST&S is bp’s interface with traded markets across oil, gas, power, chemicals, renewables, carbon and financial commodities. Our mission is to enhance bp’s enterprise value through distinctive supply, trading, risk management and analytics capabilities. GLIGHTS is ST&S’s global light ends trading book, spanning gasoline, LPG, naphtha, petrochemicals and low‑carbon molecules.
With teams in London, Singapore, Chicago, Houston and São Paulo, GLIGHTS operates a global trading model with ambitious growth plans.
This role offers structured development, deep market exposure, and the chance to build optimisation capability within an established and expanding biofuels book. You will work closely with the European Book Leader and a highly skilled team to unlock value across bp’s biofuels portfolio.
Key Responsibilities
Commercial Optimisation
- Optimise existing biofuels contracts across sustainability attributes, grades, timing, location and quality.
- Deliver detailed hedging trade entry and exposure management with strong attention to detail.
- Develop and propose fundamentally grounded trading ideas aligned with GLIGHTS strategy.
- Contribute to bp’s regional biofuels market view and support strategic positioning.
- Optimise bp’s inland system interfaces across the UK, Germany and the Netherlands.
- Maximise downstream gasoline contract bio optionality.
- Run economic models to optimise:
- ethers supply programme optionality
- ethanol GHG supply programme optionality
- Execute bio‑ticket exposure hedges, gasoline exposure hedges and cross‑regional ethanol hedges via relevant RPT desks.
- Ensure alignment with desk strategy and risk frameworks.
Essential Experience
- Strong track record in RPT exposure roles with clear understanding of book strategy and risk execution.
- Hands‑on experience managing ethanol and/or broader biofuels market exposure.
- Knowledge of the European biofuels market and gasoline market fundamentals.
- Ability to work independently while contributing effectively within a small team.
- Motivation to pursue bp’s Assessed Traders Course.
- Strong analytical capability, commercial mindset and meticulous attention to detail.
- Familiarity with deal entry and exposure management systems.
- Curiosity, creativity and a bias for action in dynamic market environments.
- Ability to build networks, influence stakeholders and immerse yourself in bio markets.
- Understanding of bp’s European asset base.
- A structured learning programme with senior trader mentorship.
- Exposure to one of bp’s most dynamic global trading books.
- The opportunity to shape bp’s biofuels optimisation strategy in Europe.
- A platform to grow into assessed trading roles within ST&S.
There are many aspects of our employees’ lives that are important, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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