At a Glance
- Tasks: Join our team as a financial regulation lawyer, providing legal support to trading businesses.
- Company: bp is a leading energy company focused on sustainable practices and innovation.
- Benefits: Enjoy flexible working options, health insurance, and a supportive work-life balance.
- Other info: This role offers hybrid working and minimal travel requirements.
- Why this job: Be part of a diverse team tackling global energy challenges while advancing your legal career.
- Qualifications: Qualified lawyer with experience in financial services law and regulatory compliance.
The predicted salary is between 43200 - 72000 £ per year.
Job Family Group:
Legal Group
Job Description:
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.
The purpose of the BP Legal function is to provide legal services to the Group to further the maximisation of business opportunities and value and the minimisation of business risks and liabilities. BP Legal lawyers and support staff work closely with their colleagues in the Businesses, Regions and Functions to deliver exceptional results in transactions, disputes and other issues.
Supply Trading and Shipping (ST&S) provides the BP Group of Companies with a specialist commodity trading function to monetise equity upstream production and optimise its downstream assets. In addition, through its Oil, Gas, Power, Global Environmental Products and LNG traders ST&S engages in entrepreneurial trading.
ST&S Legal employs some 60 lawyers co-located with ST&S’s principal trading businesses in London, Singapore, Chicago and Houston. The work handled by the ST&S Legal teams broadly includes the following:-
Strategic and broad ranging legal advice, management of external counsel and day-to-day legal advice on any matters / issues requiring legal input affecting ST&S businesses including advice on regulatory developments and compliance with laws and regulations concerning hydrocarbon and hydrocarbon derivatives trading.
Key accountabilities
The successful applicant will function as an in-house financial services regulatory and sustainability lawyer in support of ST&S’s London based trading businesses. The lawyer will serve this role as part of a seamless team that provides a broad array of legal services to the London ST&S business units and as a member of the Global ST&S Legal Group.
The position will also require cross-team collaboration and coordination with a number of other internal legal teams in North America, Singapore and the UK, with the Associate General Counsel – ST&S, with outside counsel, and with other internal BP functions, notably the ST&S Ethics and Compliance team.
Trading business clients frequently require legal advice and response in a very short timeframe and therefore the ability to understand and quickly evaluate relevant information and exercise prompt yet sound judgement is essential.
Analysis of existing and new financial services legislation including supporting ST&S’s advocacy strategy
Advising on the impact and perimeter of UK and EU financial services regulation to regulated and unregulated entities trading in energy commodities and derivatives thereof, including but not limited to MiFID, EMIR, MAR, REMIT, SMCR, IFPR and IFD/IFR
Providing multi-jurisdictional advice to support ST&S’s Refined Products Trading (RPT) and Gas and Power International (GPTI) businesses, including licensing, marketing and anti-bribery and corruption restrictions
Advising control functions that service the ST&S businesses, including the Ethics and Compliance and Finance and Risk teams, on financial regulatory requirements and regulator expectations
Providing training on UK and EU financial regulatory requirements
Regulatory support to ST&S front office on day-to-day as well as bespoke transactions, ensuring compliance with applicable financial service regulation
Assisting with internal and external reviews of ST&S market conduct and trader behaviour, and responding where necessary to requests for information from regulators and/or formally advising on regulatory enforcement or disciplinary processes
Advising ST&S on ESG related risks
Creating and maintaining regulatory legal team know-how
Essential education
Qualified to practice law in England and Wales
Essential experience and job requirements
Essential – experience in private practice or in the legal Department of a reputed company.
Knowledge of UK and European financial services law applicable to commodity and commodity derivatives trading
Experience of advising on financial regulatory investigations
Desirable criteria & qualifications
A working understanding and experience of advising on matters related to greenwashing and other ESG-related risks
A proven record of commercial awareness with high-quality contribution to business strategy and delivery
Ability to understand complex issues quickly and to collaborate to agree a clear way forward
Excellent communication and analytical skills in both written and spoken English
The ability to self-motivate to deliver under pressure and with competing priorities
Experience working in a fast-moving dynamic client facing team
Ability to network with BP staff and management at all levels to advise on legal aspects of operations and transactions
The highest professional and ethical standards
Commitment to helping promote and maintain a safe workplace
Why join us?
At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.
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 crafting an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits.
Reinvent your career as you help our business meet the challenges of the future. Apply now!
Travel Requirement:
Relocation Assistance:
Remote Type:
Skills:
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, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/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 adjustment/accommodation related to the recruitment process, please contact us.
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.
Counsel - Financial Regulation and Sustainability, Trading & Shipping in London employer: BP Energy
At bp, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. Our commitment to employee growth is reflected in our extensive learning and development opportunities, alongside a strong focus on work-life balance and flexible working arrangements. Join us to be part of a diverse team that values collaboration and innovation as we strive towards a sustainable energy future.
StudySmarter Expert Advice🤫
We think this is how you could land Counsel - Financial Regulation and Sustainability, Trading & Shipping in London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including BP Energy, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Counsel - Financial Regulation and Sustainability, Trading & Shipping in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at BP Energy, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in BP Energy and the specific role of Counsel - Financial Regulation and Sustainability, Trading & Shipping. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for BP Energy’s culture!
How to prepare for a job interview at BP Energy
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at BP Energy.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at BP Energy.
