Junior Power Trader - Japan

This Junior Power Trader role is a key commercial position as the bench looks to continue to build out its power business within bp’s Trading & Shipping group. You will report to the Head of Trading APAC Power and Carbon and accountable for generating value trading and optimisation income in the Japan energy markets, with a keen focus on deploying fundamental and technical based trade strategies across power and fuels. In addition to your own discretionary trading activity, you will help to facilitate customer flow/originated activities.Key AccountabilitiesDevelop proprietary trading strategies and deliver spec based PnL through focus on Japan power and fuelsDevelop proprietary trading strategies with a focus on short term Japan power trading (from day ahead to ~6 months ahead)Assist in driving more robust market insight and deployment of well-informed riskCatalyst in advancing fundamental and detailed trading strategies for the bench whilst working with partners internally and externally to advance our stated digital aspirations:Reimagining our trading processes through technology including automation and/or augmenting such processes to spend more time on valuable analysis and trading strategiesPurposefully pursuing more value from our data and deploying low risk technology to improve our strategies and decision makingDrive increased diversity of quality of earnings across value trading and optimisation activityProvide direction and support to Origination in developing and quoting structural opportunitiesLead own trading exposure within defined risk limits (MVaR, position, greeks etc.)Assist mid and back office personnel in resolving any checkout discrepancies between bp and counterparties on the Trader’s tradesMaintaining high ethical standards and following all market rules and regulationsPromote and support our “Speak Up” culture unconditionally and showing up in line with desired bench culture and bp’s values and behavioursEssential Experience And Job RequirementsA track record of deep analytical thinking whilst realising diverse trading results generating speculative income in energy markets.1-3 years experience trading with most recent experience in the Japan power marketProficiency in Japanese – fluent/native level in order build relationships in the Japan market.Knowledge of the key tools and instruments that can be used to place trading positions that reflect an individual’s or broader bench’s market call.Strong technical ability (e.g. python) with validated ability to coordinate various forms of data to advise and support efficient decision making.Knowledge of sources of relevant data for trading activity, how this can be handled, utilised and interpreted to understand positive and negative implications on the market and trading positions.Ability to handle and thrive in ambiguous environments and with transactions of growing complexity.Strong dedication to compliance.Team mentality with the ability to receive and provide encouraging challenge.Excellent knowledge/understanding of energy trading markets and trading instruments.Attention to detail and ability to work within a timeframe orientated environmentWhy join us?At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.