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.
Reinvent your career as you help our business meet the challenges of the future.
Apply now!
Travel Requirement
Negligible travel should be expected with this roleThis role is not eligible for relocationRemote Type:
This position is a hybrid of office/remote workingSkills:
Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Business Development, Continuous Learning, Customer promise execution, Customer service delivery excellence, Deal modelling and valuation, Developing and implementing strategy, Influencing, Internal alignment, Listening, Loyalty Management, Marketing strategy and programmes, Negotiating value, Negotiation planning and preparation, Partner relationship management, Presenting, Sentiment and Trends, Thought Leadership, Trade discipline and compliance, Trading Fundamentals, Trading knowledge, Writing skillsLegal Disclaimer:
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, 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.