Credit Research

• Specific accountabilities will include but not be limited to the following:
• Analyse counterparties and assign credit ratings across your own coverage portfolio, taking into consideration evaluation of financial documents, industry knowledge and expertise and relevant qualitative factors - including the proficient analysis of counterparties in complex industries, with complex organizational or ownership dynamics or experiencing financial stress/distress.
• Prepare credit limit and tenor recommendations for trading counterparties, supported by clear rationale and analysis for review and approval within delegated authority frameworks.
• Support deal teams by providing timely credit analysis and input to help inform risk appetite discussions.
• Identify and call out emerging portfolio trends that may warrant further review, intervention, or underwriting adjustments.
• Monitor emerging news and events that may impact the coverage universe, communicating observations and analysis in a timely manner.
• Maintain counterparty ratings and reference data accurately and timely.
• Maintain strong, constructive working relationships and open lines of communication with local and global credit staff within bp and with key contacts within counterparty universe.
• Support the integration of third-party information sources and AI-enabled analysis tools to improve efficiency within the wider GCR organisation.

• Master's and/or bachelor's degree required, preferably in Finance or Accounting
• Prior experience in credit research, including multiple industry sectors and geographies and both investment grade and high-yield credits, with knowledge of commodity trading, preferably in energy and derivative products
• Ability to work effectively in line with bp's values and expectations, demonstrating collaboration, accountability and sound judgement in day-to-day delivery.
• A passion for the role and a steadfast commitment to excellence, including exceptional attention to detail and rigorous and timely follow-through on all role accountabilities.
• Fluency with respect to financial modelling and credit rating best practice, including key drivers of financial strength and key financial vulnerabilities across multiple sectors, including sovereigns.
• Ability to work independently, including under time-sensitive and ambiguous circumstances, and to clearly communicate analysis and recommendations based on available information.
• Great teammate with excellent interpersonal skills and a comfort level in working effectively with people at various organizational levels within BP.
• Understanding of geopolitical events and sector risk, with the ability to assess potential impacts on counterparties and call out relevant observations.

• Experience in credit research, including work-out / distressed asset experience.
• Credit research coverage/experience across globe.
• Proficiency in MS apps
• Postgraduate, professional designations desirable (MBA, CFA, CPA, FRM, PEng)
• Must be willing to work on UK shift (c. 2pm - 11pm)

At bp, we support our people to learn and grow in a diverse and exciting 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, 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 other benefits and privileges of employment. Please contact us to request.