bp

Market Risk Analyst

Malaysia · Work style not stated · Full time

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About the role

Description from the employer’s posting. Check the employer’s page for the current version.

  • Employerbp
  • LocationMalaysia
  • Work styleWork style not stated
  • Employment typeFull time
  • Employer posted

Entity:

Finance

Job Family Group:

Finance Group

Job Description:

The Market Risk Analyst will be accountable for providing deep business understanding and control through the delivery of value-add reporting and analysis. This role holds the primary interface into the trading front office for a specific set of trading activity, balancing independence with a business enabling partnership. It requires a deep understanding of the activities within Market Risk and MI Analytics to meet the team’s core accountability of delivering independent daily exposures, VaR reporting, and analysis.

Key Roles & Responsibilities

  • Understand trading strategies and provide independent challenge and support to Front Office within a risk management framework in line with ST&S Market Risk Standard and Delegation of Authority.
  • Identify market risk issues across relevant markets, coordinate solution development and support implementation with Commodity Risk, Analytics and Technology teams.
  • Run and administer market risk models and analytics, ensuring outputs are robust, explainable and effectively challenged through engagement with Front Office.
  • Work with the Global Market Risk Team to promote strong market risk discipline, control and consistent methodology across the business.
  • Contribute to ST&S market risk policies and procedures, acting as a commercial partner to support and challenge day-to-day trading activity and longer-term strategic deals.
Show full description

Job Functional Knowledge

  • Requires previous market risk or relevant Front Office/Analytics experience gained within bp or the wider energy trading sector.
  • Applies strong technical capability in Excel and programming tools such as Python or Excel VBA to support robust analysis across portfolios, desks and regions.

Business Expertise

  • Requires strong understanding of ST&S or a comparable global energy trading business, including the commercial strategies, economic drivers and valuation techniques that underpin trading decisions and sophisticated deals.
  • Demonstrates sound knowledge of commodity trading fundamentals, including options, derivatives and other trading instruments, and how it translates into risk, value, and business outcomes.

Leadership

  • Provides technical leadership and guidance through expertise, sound judgement and credible challenge across a defined market risk scope.
  • Supports knowledge transfer and promotes consistent methodology across desks and regions, helping strengthen capability and alignment within Market Risk and across ST&S.

Problem Solving

  • Requires strong analytical judgement, commercial discernment and decision-making skills to evaluate exposures, sophisticated deals, economic drivers and valuation outputs.
  • Able to interpret complex or incomplete information, identify key risk issues and develop practical solutions with minimum guidance, while balancing risk, control and commercial considerations.

Nature and Area of Impact

  • Has a direct impact on market risk transparency, Front Office challenge, deal assessment and commercial decision-making within the assigned trading activity.
  • Outputs support timely and effective risk management, promote consistent standards across Market Risk and influence confidence in reporting, governance, and control.

Interpersonal skills

  • Operates as a strong team player within a dynamic trading business, building credible relationships across ST&S.
  • Communicates complex topics clearly and supports knowledge transfer through a collaborative, solutions-focused approach.

Job Requirements and Qualifications

  • Bachelor’s Degree (preferably in Science), or equivalent experience
  • Professional accounting qualification or advanced degree in accounting, finance or a related discipline.
  • Experience in commodity trading or supply, with strong preference for derivative accounting, fair value valuation, valuation controls, internal controls, statutory reporting, audit, global service delivery, and process or technology transformation.
  • Previous Market Risk or relevant Commercial/Analytics experience is preferred.

At bp, we provide the following environment and benefits to you:

  • A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued
  • Possibility to join our social communities and networks
  • Learning opportunities and other development opportunities to craft your career path
  • Life and health insurance, medical care package
  • And many other benefits.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

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Legal 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.

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At a glance

  • Employment typeFull time
  • Employer posted
  • Added to ROLIVA
  • Last checked

Skills in this posting

Skills ROLIVA found in the employer’s own description above. A mention is not a requirement.

Python Excel

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