Role synopsis: BP are looking for a Senior Credit Specialist for our trading division (Integrated Supply & Trading - IST) based in our Canary Wharf offices in London. In this role you will hold authority to set credit limits and terms for trading counterparties, working proactively to facilitate commercial growth. You will also maintain a keen awareness of associated risks, rewards and of IST's credit risk appetite. Key accountabilities: Establishing credit limits and terms for IST's trading counterparties reflecting the risk appetite, Leading the credit structuring of large, long-term or complex transactions. Negotiating key contractual terms relating to credit working with Legal, Contracts and counterparties. Collaborating with broader credit teams to facilitate effective and timely coverage of the counterparty portfolio and supporting its ability to source third-party credit protections or working capital. Fostering appropriate cross-functional awareness of key credit exposures, concerns and protections to ensure a sound and transparent decision-making process around material credit decisions. Leading recovery efforts for IST's credit exposure for distressed counterparties, working closely with the counterparty, its lenders and its other trade creditors, along with Front Office and Legal. Championing pro-active risk management and controls of portfolio exposures. In this role you will primarily support London's International Gas trading activities, which focuses on European Gas & Power markets as well as the Global LNG market. To succeed you will have a deep understand the key drivers of credit exposure within a trading relationship, the key vulnerabilities of each counterparty's liquidity and capital structure. With a keen eye for detail you will use contractual terms, letters of credit, guarantees, lien structures, credit market instruments and similar protections to achieve value-adding transaction outcomes. Essential Education: Educated to degree level (or equivalent), preferably in Finance - along with a strong business/analytic mindset. Essential experience and job requirements: To apply you will be educated to degree level or equivalent, preferably in financial/numerical subject with a strong knowledge of commodity trading activities preferably spanning oil, refining and derivative products. With deep credit analysis experience, you will have an intimate understanding of complex trading exposures, transaction structures and credit risk. You should also have a proven record of working under pressure and delivering to tight deadlines and in addition, be able to interpret and communicate results and analysis to a variety of stakeholders. Highly professional and self-motivated, you'll need to be an excellent communicator with the ability to network with BP staff and management across the business. It's an exciting prospect and a great opportunity for anyone looking to develop their career within a complex, global business. Other Requirements (e.g. Travel, Location): There are no additional requirements. Please respond with N/A below. Desirable criteria & qualifications: Confident using market-based information, tools and analysis to inform trading and risk management decisions. Credit risk management experience would be an advantage. About BP: We are a global energy business involved in every aspect of the energy system. We have 75,000 employees in 80 countries, working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together. BP's supply and trading finance & risk function partners with the business to help it efficiently and effectively achieve its goals in a professional, agile and innovative, as well as controlled and compliant way. The function is accountable for short term planning, functional assurance of new business proposals, risk analysis of new or existing business strategies, as well as financial and performance reporting.