Lead Factoring Analyst

Entity: Finance Job Family Group: Finance Group Job Description: This is a role within the Castrol organisation and the successful candidate will become part of the Castrol ring-fence. If you are part of the ring-fence, it is expected that your employment will move with Castrol to new ownership. Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner. It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So, if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you. About the role The Lead Factoring Analyst is accountable for leading specialist factoring analysis and control activities for the supported portfolio within FBT Finance. The role ensures the accurate preparation, validation and maintenance of factoring limit data, supports customer credit assessment processes, and provides expert guidance on factoring-related controls, reporting and issue resolution. The position combines technical expertise, operational leadership, stakeholder engagement and continuous improvement, while ensuring compliance with bp credit governance, Delegation of Authority and relevant process requirements. In this role You will Factoring Limit Management & Analysis Lead the preparation, validation and maintenance of factoring limit files for the supported portfolio, ensuring customer-level limits are complete, accurate and aligned to approved credit data. Review factoring limits by company code, customer, payer, sold-to, bank and currency, identifying duplication, mismatches or inconsistencies that require correction or escalation. Ensure the accurate differentiation and aggregation of factoring limits where multiple portfolios, banks or customer relationships exist. Maintain strong data integrity by reconciling factoring files to the relevant CAT, SAP PRL and credit assessment inputs before updates are finalised. Credit Risk, Governance & Controls Support the credit assessment process by ensuring factoring-related data is reliable, traceable and aligned to approved credit limits and risk ratings. Operate within bp credit policies, Delegation of Authority, internal control requirements and applicable process documentation. Identify control gaps, data quality issues or policy exceptions and raise material risks to the Credit Service Manager, Credit Manager, Team Lead or relevant stakeholders (Treasury). Maintain appropriate evidence, audit trail and analytical backup for factoring limit updates and related credit activities. Operational Excellence & Reporting Deliver factoring-related updates, reports and analysis within agreed deadlines and quality standards. Supervise recurring issues, trends and exceptions; propose corrective actions to reduce manual rework and improve first-time-right delivery. Coordinate BAU priorities, support workload planning and provide hands-on guidance to analyst / relevant stakeholders during periodic cycles. Contribute to period-end, quarterly and ad hoc reporting activities where factoring data has an impact on credit exposure, limits or working capital management. Stakeholder & Business Partnering Build effective working relationships with Credit, Commercial, Sales, Finance, Customer Service, banking and process stakeholders as appropriate. Act as a subject matter expert for factoring-related queries, explaining data logic, assumptions, issues and required actions clearly to both finance and non-finance stakeholders. Support advised business decisions by providing accurate analysis, clear commentary and timely issue of factoring-related risks or blockers. Promote clear ownership between FBT and business stakeholders for factoring data maintenance, issue resolution and process adherence. Systems, Process Improvement & Change Maintain strong solid understanding of relevant tools and data sources, including Microsoft Office applications, SAP PRL and credit or CAT-related files. Find opportunities to standardise, simplify and automate factoring file preparation, reconciliation and reporting activities. Support process transitions, knowledge transfer, system changes