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- Tasks: Shape operational risk management strategies and influence decision-making within a dynamic team.
- Company: Join bp, a leading energy trader focused on sustainable growth and innovation.
- Benefits: Enjoy a hybrid work environment, health insurance, and opportunities for personal development.
- Why this job: Make a meaningful impact while collaborating with senior leadership in a supportive culture.
- Qualifications: 3-5 years in operational risk management with strong analytical and communication skills required.
- Other info: No travel required; remote work options available.
The predicted salary is between 48000 - 72000 £ per year.
Within our supply, trading & shipping organisation which plays a central role in bp’s strategy, creating value for bp and our shareholders by integrating along and across our oil, gas and lower carbon value chains. We connect energy producers, suppliers, markets and customers to keep energy flowing today. Join us as we continue to grow as the world’s leading energy trader and help build out tomorrow’s energy system!
We are seeking a dynamic individual to play a core role in shaping the global culture and strategy of operational risk management within our organization. As a key member of this new team, you will have the unique opportunity to work closely with senior leadership, influence decision-making, and drive impactful change. This is a very exciting opportunity for an ambitious individual seeking personal growth!
In this role, you will be responsible for helping to identify, assess, and mitigate operational risks across the organisation. Your insights and expertise will be instrumental in developing best practices, enhancing risk awareness, and encouraging a culture of risk management excellence. You will have a pivotal role in supporting initiatives that drive continuous improvement in the operational risk environment.
If you are a strategic thinker, a proactive problem-solver, and a collaborative team player, this is the perfect opportunity for you to make a meaningful impact and shape the future of operational risk management within our organisation. Join us on this exciting journey as we build a strong foundation for operational risk management and drive sustainable growth and success.
Accountabilities- Develop and maintain positive relationships across the business and supporting functions to effectively communicate and influence decisions related to operational risk management initiatives.
- Help shape and present strategic operational risk insights and recommendations to senior leadership, drawing from a deep understanding of the business landscape and operational risk management.
- Help create, lead and improve operational risk processes and controls, including helping to build out operational risk scenarios to support the business mitigate and address evolving operational risks proactively and efficiently.
- Champion risk and control self-assessment (RCSA) initiatives across diverse regions and businesses, guiding risk owners and subject matter authorities throughout the RCSA lifecycle.
- Be one of the go-to authorities on operational risk protocols, methodologies, and effective control solutions.
- Evaluate the efficacy of the risk governance system and framework, including controls, recommending adjustments as needed.
- Proactively seek potential/emerging/growing operational risks by asking the right questions and seeking out pertinent information.
- Translate data analysis into captivating narratives that convey insights and discoveries with impact.
- Be part of core discussions that foster a culture of risk management excellence at all levels, collaborating closely with key partners to enhance risk awareness and fortify the organisation's risk profile.
- Play a pivotal role in developing and improving lasting and strategic data solutions, enabling robust data analysis and detection of potential risks and vulnerabilities.
- Unravel complex datasets to uncover actionable insights that propel business value and drive decision-making.
- Collaborate in crafting high-impact executive briefings and presentation materials tailored for senior leadership.
- Oversee the retention of risk assessment documentation, including data, scope, status, results, reports, corrective actions, and completion.
- Prepare and deliver insightful reports and metrics showcasing operational efficiency and alignment with desired risk tolerance levels.
- Consistent track record of 3 to 5 years in risk management, specialising in operational risk management, showcasing a deep understanding and proficiency in identifying and mitigating risks effectively.
- Exceptional analytical and problem-solving prowess, with the ability to assess operational risks comprehensively and devise robust risk management strategies.
- Self-driven and organised individual who excels in working autonomously, seeking guidance when necessary, and consistently meeting deadlines.
- Strong experience in fostering collaboration across organisational boundaries and forging strong partnerships across diverse functions.
- Excellent communication skills, both verbal and written, to effectively convey complex concepts and engage with partners at all levels.
- Proficiency in utilising risk management software and tools, including data analysis and visualization tools, to enhance risk management strategies.
- Eagerness to remain abreast of emerging trends in operational risk management, adapting strategies accordingly to stay ahead of the curve.
- Leverages expertise and creativity to solve unique or ambiguous situations, offering innovative solutions to sophisticated and non-routine problems.
- Demonstrates a high level of curiosity and a proactive attitude towards continuous learning and professional development.
At bp, we provide the following environment and benefits to you:
- A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued.
- Possibility to join our social communities and networks.
- Learning opportunities and other development opportunities to craft your career path.
- Life and health insurance, medical care package.
- And many other benefits.
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment. Don’t hesitate to get in touch with us to request any accommodations.
Travel Requirement: No travel is 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- Analytical Models
- Analytical Thinking
- Collaborating
- Commercial Acumen
- Communication
- Creativity and Innovation
- Curiosity
- Data Analysis
- Data Solutions
- Data visualization and interpretation
- Decision Making
- Influencing
- Insight Reporting
- Internal control and compliance
- Mitigated Risks
- Mitigation
- Occupational Risk Assessment
- Operational Control
- Operational Risk
- Operational Risk Mitigation
- Operational Risks
- Operation Risk Management
- Problem Solving
- Resilience
Operational Risk Specialist employer: BP Energy
Contact Detail:
BP Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in operational risk management. This will not only help you understand the current landscape but also allow you to engage in meaningful conversations during interviews, showcasing your proactive approach and knowledge.
✨Tip Number 2
Network with professionals in the finance and risk management sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the role and potentially refer you to opportunities within our organisation.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated operational risks in previous roles. Being able to articulate your experiences clearly will demonstrate your expertise and problem-solving skills to our hiring team.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss data analysis techniques you've used in the past. Highlighting your ability to translate complex data into actionable insights will resonate well with us as we value data-driven decision-making.
We think you need these skills to ace Operational Risk Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Operational Risk Specialist position. Tailor your application to highlight how your skills and experiences align with the job description.
Craft a Compelling CV: Your CV should clearly showcase your experience in risk management, particularly operational risk. Use specific examples to demonstrate your analytical skills and problem-solving abilities, as well as any relevant software proficiency.
Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your strategic thinking and collaborative skills, and explain how you can contribute to shaping the operational risk culture at bp.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in risk management.
How to prepare for a job interview at BP Energy
✨Understand the Role
Before the interview, make sure you thoroughly understand the responsibilities of an Operational Risk Specialist. Familiarise yourself with the key accountabilities mentioned in the job description, such as risk assessment and mitigation strategies, to demonstrate your knowledge and enthusiasm.
✨Prepare Relevant Examples
Think of specific examples from your past experience that showcase your skills in risk management and problem-solving. Be ready to discuss how you've identified and mitigated risks in previous roles, as this will highlight your practical understanding of operational risk.
✨Showcase Analytical Skills
Since the role requires exceptional analytical abilities, prepare to discuss how you've used data analysis to inform decision-making. Bring examples of how you've translated complex data into actionable insights, as this will resonate well with the interviewers.
✨Engage with Questions
During the interview, don't hesitate to ask insightful questions about the company's approach to operational risk management. This shows your genuine interest in the role and helps you gauge if the company culture aligns with your values.
