Entity: Supply, Trading & Shipping Job Family Group: Supply & Trading Group Job Description: Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need talent to pursue commercial opportunities, fuelled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too.
Together we continue to grow as the world’s leading energy trader. The Japanese energy markets are constantly evolving as part of the broader energy and financial landscape. This transformation is reshaping market participants, creating opportunities, and introducing new participation dynamics. Bp's European APac Power & Carbon (EAPC) Trading business sits at the forefront of bp’s group strategy.
Originating from bp’s Supply, Trading & Shipping (ST&S) segment, its goal is to build a sustainable, profitable, and well-balanced power and carbon portfolio across target markets. Origination is critical to delivering this strategy and driving growth in the Japanese business. This leadership role will lead a diverse, agile and high-performing team focused on structuring and delivering power and energy transactions.
The Manager Japan Power Origination will report to the VP, European APac Power & Carbon Trading and be an instrumental part of the global EAPC Leadership Team. The individual will be responsible for developing opportunities, advancing value creation, and completing deals aligned with risk, value, and strategic objectives. The role will require flexibility to adapt to changing environments, market needs, and customer demands.
Clear accountability for P&L, risk management, controls, and delivery against defined performance metrics is expected. What You Will Deliver • Lead Japanese power origination activity applying the foundational bp trading platform to deploy risk and create strong risk adjusted margin across our targeted commercial segments – e.g. offtake and consumer PPAs, mid-term transactions and evolving technologies.
• Drive all commercial and flexibility pursuits – e.g. PPAs, shaped products, thermal and battery (capital light approach) route to market, tolls and collocation activity. • Accountable for delivering on Japan’s power pnl targets whilst working tightly with the AsPac power and carbon Trading team to access alternate forms of market liquidity, products, risk and delivery. • Deploy innovative commercial structures to optimally enable the bench to take shape and baseload risk for premium customer power sales through asset delivery – largely in line with evolving Japan’s DC and load build out.
• Drive optimal risk management in line with the Trading teams risk appetite. • Manage geographically diverse team of originators and analysts, fostering a culture of respect and people development, direct performance and in the moment feedback while seeking an increase in commercial/financial/risk management acuity and capability across the team. • Provide strong in country and regional leadership across the ST&S community.
• Cultivate external partnerships in line with business drivers and pursuits to enable effective and outsized delivery. • Contributing member of the EAPC Leadership Team supporting decision making, resource prioritization, optimization and build out of the whole business. • Partner with other teams across bp and ST&S (LNG, RPT, Downstream Fuels, etc.) to deliver distinctive value in cross business and fuels linked opportunities.
• Collaborate with all internal collaborators and assurance groups including Tax, Legal, Finance, Regulatory, Risk, Structuring, Trading, Compliance and Credit to ensure compliance and optimal structures deployed. • Ensure all origination and commercial activities are handled in a compliant manner a