M&A Principal in London

Entity:

Finance

Job Family Group:

Strategic Planning & Business Development Group

Job Description:

bp’s corporate Mergers & Acquisitions team\'s anchor role is to provide a center of expertise in executing acquisitions, disposals, joint ventures and asset restructurings within the bp Group, with a value in excess of US$50 million. M&A\'s core expertise lies in its advisory and transactional ability.

On the advisory side we have knowledge and experience in analysing assets and/or businesses to establish sources of value, minimising risks and liabilities. On the transactional front our experience and skills are deployed in assessing the market, pricing and bidding, running sell-side auctions, negotiation, and managing transactions to completion. This involves close collaboration with Business Groups and Functions internally and numerous external parties including corporates, investment banks, engineering firms, financial investors and advisors.

We develop a broad corporate development capability through our access to the internal strategic context and an acute awareness of the evolving external market. We work with the Business Organizations to evaluate divestment and acquisition options. We play a pivotal role in helping bp in the delivery of its energy transition plans.

As a Principal in Mergers & Acquisitions, you can expect to be working on several transactions at any one time. Responsible for leading a transaction team, working closely with business managers, legal, functional, and (in certain instances) financial advisors to effectively deliver material transactions for the bp Group within the boundaries set by the bp executive team.

This position provides a unique opportunity for an individual to hone commercial astuteness, negotiating skills, and project management skills. It also provides unparalleled exposure to C-Suite executives and senior leaders across bp. This position is an excellent opportunity for a motivated individual to be exposed to a broad range of business issues and to test themselves in a high pressure transaction environment.

This role is based in London and is part of bp’s global M&A team.. , Whilst the role will tag into the Head of Gas, Low Carbon M&A, the M&A function works in an agile way, so resources are deployed as needed to meet Group needs. As such, the successful candidate may be deployed to lead transactions across any business segment within the bp Group.

Key Accountabilities

• The M&A Principal’s role is end-to-end delivery of a transaction and to manage all resources in a timely manner with all pertinent issues addressed.
• The M&A Principal is expected to lead the deal team including all vital supporting functional expertise to deliver transactions in a timely way, securing best value for bp
• The M&A Principal is a key member of the negotiating team (typically the lead negotiator) to secure the best deal at maximum value for bp.
• The M&A Principal will be involved in transactions which will help shape bp in the delivery of its corporate strategy and will participate in the implementation of the strategy of all its business lines.
• Extensive travel could be required but will be dependent on the project portfolio of the M&A Principal and the needs of the business clients.

Essential Education

Degree from an accredited college or university

Essential Experience and Job Requirements

• Experience with corporate finance, economic evaluation and risk management
• Demonstrated negotiation skills and experience with commercial contractual frameworks, risk allocation structures, governance frameworks, etc.
• Demonstrated experience of interfacing with external counterparties in international environments
• Well developed understanding of energy value chains and macroeconomic themes impacting the energy sector
• Project management skills with attention to detail and the ability to work independently in an environment that may sometimes be ambiguous.
• Leadership skills with proven ability to set direction and clear objectives to large, dispersed teams
• Ability to build trust and confidence with internal and external stakeholders and handle conflicts professionally.
• Proven transaction experience in energy (hydrocarbon, low carbon, mobility, energy retail)

Desirable Criteria

• A strong finance, engineering and/or economics background
• MBA or other advanced similar degree
• Demonstrated leadership skills – leading a team or multiple projects
• Excellent communication skills and ability to interface effectively with senior executives
• Experience of building and managing external relationships (partners, counterparties, governments)
• Strong organizational and influencing skills to coordinate internal (e.g., commercial and functional staff) and external (e.g. lawyers, advisors and partners) team members.
• Proactive attitude with strong performance bias
• Experience with creative financial structuring, accounting treatment of debt, etc.
• Dedication to a work environment of mutual trust and respect and where diversity and inclusion are valued
• Strong written and oral communication skills

Why join bp:

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.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Apply now!!

Travel Requirement

Up to 25% travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Acquisitions and divestments, Agreements and negotiations, Contractual risk management, Economic evaluation methodology, Financial Analysis, Financial Modelling, Influencing, Joint Venture Structuring, Stakeholder Engagement

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.