Compliance Manager

bp
Chicago, IL Full Time
POSTED ON 8/22/2023 CLOSED ON 10/27/2023

What are the responsibilities and job description for the Compliance Manager position at bp?

Location
United States of America - Illinois - Chicago
Travel required
Negligible travel should be expected with this role
Job category
Ethics & Compliance
Relocation available
Relocation may be negotiable for this role
Job type
Professionals
Job code
RQ067485
Experience level
Senior

Job summary

Entity:

Strategy, Sustainability & Ventures


Job Family Group:

Ethics & Compliance Group


Job Summary:

The Ethics & Compliance Manager is a key member of the Ethics & Compliance (“E&C”) Trading and Shipping (“T&S”) team supporting the Refining and products trading Americas (“RPTA”) business. As we reimagine BP this role will be instrumental in executing the compliance framework by ensuring the surveillance program is robust, delivering training on compliance topics in an innovative way and participating in trading, marketing and origination strategies by providing guidance to the business to ensure compliance with rules, regulations and internal policies and procedures.

The purpose of the Ethics & Compliance trading and shipping team is to promote compliance with externally defined laws and regulations, the bp Code of Conduct, Global Trading Guidelines and other internal bp policies and procedures, through the development, implementation and maintenance of a program consistent with Group Ethics & Compliance strategy.


Job Description:

KEY ACCOUNTABILITIES

    Conduct proactive compliance risk assessments and reviews of trading activity, strategies and business communications in order to ensure compliance with applicable rules and regulations enacted by external regulatory authorities and exchanges, as well as bp’s internal policies and procedures.
    Understand existing laws, rules and regulations impacting the Refining and products trading business while monitoring for developments, proposals and new regulatory requirements to assess potential impacts and participate in the implementation of systems, processes and procedures to meet these requirements.
    Actively participate in commercial team meetings in order to better understand strategies and be sought after as an expert for advice on ethics & compliance issues so as to facilitate the creation of a robust ethical and compliant culture.
    Manage cross-regional ethics & compliance projects and participate in cross-functional projects and working groups supporting the Refining and products trading business.
    Develop and deliver training sessions on ethics & compliance related topics and provide timely and accurate advice/guidance Refining and products trading business.
    Form strong working relationships with Commercial Teams, Legal, Regulatory Affairs, Commodity Risk, Finance, Innovation & Engineering, and Counterparty Due Diligence to facilitate strategic alignment and support of the overall E&C T&S Program.

ESSENTIAL EXPERIENCE AND JOB REQUIREMENTS:

    5-10 years working in or supporting a Refining and products trading business
    Knowledge and understanding of traded products, markets and strategies, both physical and paper based trading
    Knowledge and understanding of regulations, exchange rules, relevant laws and internal policies
    ABC and AML compliance experience
    Ability to understand and synthesize legal and regulatory concepts and translate for business stakeholders
    Excellent verbal and written communication skills with the ability to apply these skills as all levels of the organization
    Strong influencing, impacting and communication skills to engage up to SVP level; self-confidence to respectfully challenge, seek pragmatic solutions and contribute to complex issues
    Self-starter with advanced technical knowledge/experience and ability to operate with a high degree of autonomy applying effective prioritization, analytical problem-solving and planning skills
    Strong work ethic and ability to work creatively to achieve identified goals, both individually and as a teammate working in a global role
    Problem-solving skills with ability to see the next step
    Support and delivery of training materials
    Undergraduate degree required; graduate degree 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 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, and 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 essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Travel Requirement

Negligible travel should be expected with this role


Relocation Assistance:

Relocation may be negotiable for this role


Remote Type:

This position is a hybrid of office/remote working


Skills:

Agility core practices, Agility core practices, Analytical Thinking, Communication, Conflict Management, Consulting, Courage, Data Analysis, Decision Making, Employee and labour relations, Ethical judgement, Facilitation, Global Perspective, Global trend analysis across society, economies and structures, Industry knowledge and advocacy, Influencing, Intelligence writing and briefing, Issues and Policy Management, Knowledge Sharing, Presenting, Regulatory Compliance, Risk Management, Stakeholder Engagement, Stakeholder Management, Strategic Thinking { 2 more}


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, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.

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.

Salary : $119,000 - $151,000

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