Power Trading Contracts Operator APAC

Entity: Supply, Trading & Shipping Job Family Group: Supply & Trading Group Job Description: Power Trading Contracts Operator Do you want to be part of a global network reimagining energy for people and our planet? At bp, we have an opportunity for a Power Trading Contracts Operator to join in our ambitions to achieving net zero. The European and Asia Pacific energy markets are rapidly evolving as part of the broader global energy and financial landscape. This transformation is reshaping market participants, creating new opportunities, and introducing new participation dynamics. bp’s European APAC Power & Carbon (EAPC) Trading business sits at the forefront of bp’s group strategy. Originating from bp’s Trading & Shipping segment, its strategic goal is to build a sustainable, profitable, and well-balanced power and carbon portfolio across target markets. The Power Trading Contracts Operator role within the EAPC Power front office team is a key position as the bench looks to continue to build out its Power business within bp’s Trading & Shipping group. The Tokyo based role will report to the Power Contracts Manager in London and is accountable for managing both pre-COD and post-COD contractual details of the growing Power Portfolio Agreements across Japan and the wider APAC region. Expectation is for this individual to provide a focused and project oriented approach to contractual exposures ensuring all contractual, regulatory and internal policy obligations are delivered as intended. This role will equally act as a key interface with internal and external PPA stakeholders, enabling business across the PPA deal lifecycle, ensuring internal process run smoothly, supporting origination activity and operationalization of the contracts by the Trading team. The Power Trading Contracts Operator will support broader team activity as and when the Power business requires and as the individual progresses through the role as appropriate. You will be empowered to... • Develop deep level knowledge of our growing and sophisticated commercial agreements (PPA’s), with responsibility for assisting with contract negotiations, pre-commercial contractual obligations, risk mitigation & operational setup ensuring a high-quality handover to Origination, Operations and Trading. • Onboard contracts into bp’s risk management / straight through process, focusing on automation of PPA activity to enable future growth/scale. • Monitor project delivery of assets and underlying PPA contracts, developing KPI’s, monitoring progress through all project gates and lifecycle of PPA deal. • Ensure Origination, Trading and Operation teams understand contractual PPA obligations and flexibility in order to optimise accordingly. • Communicate internally all issues & concerns with various groups, including senior management, traders, originators, IT developers, ethics & compliance, legal, commodity risk, and operational excellence to protect interests. • Communicate externally with PPA customers, asset operators, electricity grid operators, Balance Responsible Parties, carbon registries, other shippers, IT vendors, project developers and service providers. • Coordinate and facilitate a PPA Asset Portfolio Review Committee with select Origination, Trading, Operations and Finance personnel to outline contractual status, red flags, contingencies and risks. • Over time build knowledge to work fluidly across the full gas/power/carbon value chain, developing capabilities to identify & handle risk, enable business growth and generate value. • Assist in model development with Portfolio Trading team around PPA contract exposures lending to well informed risk of infrastructure build out and leading contract optionality resulting from growing flex gen and renewable portfolio. • Maintaining high ethical standards and complying with all market rules and regulations. • Promote and support our “Speak Up” culture unconditionally. Your skills and experience: • Business level fluency in Japanese and English required • 4+ years previous work experience in Japanese Power markets essential requirement (Operations/Trading/Origination). • Worked in operational environments requiring strong attention to detail, excellent organisational skills, effective task prioritisation and delivery under time pressure. • Proven track record of handling complex contracts and agreements (e.g. refinery agreements, offtake agreements, MSPAs, PPAs etc). • Strength in forming effective relationships; strong interpersonal, communication and influencing skills and a willingness to support colleagues to deliver team objectives. • Strong project management experience with ability to run effectively across finite time, delivery and resource. • Ability to show up internally and externally in a knowledgeable, respectful and confident way. • Experience in contributing towards building a streamlined data driven organization to dynamically manage portfolio risks and extract extrinsic value. • Strong data