Kuala Lumpur, Malaysia
Posted 6 years, 1 month, 0 days ago
JOB PURPOSE
IST executes physical trades with counterparties and customers globally; managing the physical movements incurs multiple ancillary costs (e.g. Freight, inspections and storage). In additional BP executes derivative trades in many energy markets around the world, with a variety of counterparties and customers.
The role of the Ancillary Team is to ensure ancillary costs and derivative trades are recorded and settled (payments and receivables) in an accurate and timely manner. This requires a thorough understanding of the physical life cycle (from trade execution through to physical delivery). The team is responsible for management of overdue items.
KEY RESPONSIBILITIES
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