Entity:
Trading & Shipping
Job Family Group:
Strategic Planning & Business Development Group
Job Summary:
The business-led innovation team (Vista) within bp Trading & Shipping (T&S) business is set up with the mission to help future-proof the organization. We set out to answer 3 questions:
- how can technologies today solve yesterday’s problems faced by T&S
- how can technologies of tomorrow give us a commercial competitive edge, today
- what do we need to do/think/behave differently, in a rapidly evolving business landscape
Vista is an agile, impact-driven and solution-agnostic team within T&S, passionate about analysing and leveraging innovative technologies, business models and ecosystem partnerships to address commercial opportunities.
We do this through close collaboration with our business partners (front/mid/back offices included) as well as technology partners (internally and externally).
Within Vista, the Ecosystem Partnership function is 1 of the 3 core pillars. The function is responsible for keeping both Vista and wider T&S community on the front seat of innovation trends in the commodity trading space, as well as the dynamic competitive movement with regards to digital adoption and acquisition. Additionally, the function looks out for strategic, ecosystem partnerships that often involves multiple industry players to unlock new ways of thinking in groundbreaking technology adoption and collaboration.
We therefore need an intellectually curious analytical problem solver who is comfortable evaluating complex market trends and translating them into actionable insights to capture commercial value and help future proof T&S. The Insights Analyst role will sit within the Innovation Ecosystem function and support the function lead.
Job Description:
Key accountabilities:
External insights - Build and maintain a strong innovation network (e.g. entrepreneurs, corporate innovators, accelerators, VCs)
- Continually monitor and analyse the external ecosystem for emerging trends, opportunities and threats with relevance for T&S, across 4 core areas:
- Competitor innovation activity
- Emerging potential competitors
- Technology developments
- Market trends
- Support the Innovation Ecosystem lead to:
- Form a “Vista view” on emerging market trends, technologies, and business models
- Translate key observations into curated and thought-provoking content that addresses the “so what” for the business and can be shared through the function’s existing communication channels (e.g. Viva Engage, Innovation Forums, Crunch Newsletter)
- Develop ‘Innovation Reports’ on areas of strategic relevance to the business to encourage the organization to look beyond the horizon and prompt timely discussions about emerging opportunities and threats
Competitor and solution landscapes
- Support the delivery of solution landscapes, working to identify, evaluate, and shortlist 3rd party solution providers with the capabilities required for potential technology pilot projects
- Support the delivery of competitor landscapes, analysing and benchmarking competitor activity in areas of strategic relevance to deliver commercially actionable insights
Strategic, ecosystem partnership
- Systematically scan for opportunities that could lead to technology enabled and ecosystem partnerships
- Support function lead in engaging industry partners and driving such partnership projects
Internal networking
Build relationships and collaborate with representatives of other teams driving innovation projects and analysing external market trends (e.g. bp Ventures, various parts of I&E)
Essential education:
- Bachelor’s degree
- MBA preferred
Essential experience:
- An entrepreneurially-minded innovation enthusiast who brings commercial approach, deep curiosity, as well as existing experience in analysing new technologies and market trends
- Deep understanding of digital innovation
- Proven involvement with new technologies
- Commercially minded, with proven ability to filter through the noise and connect the dots to address the commercial “so-what” relevant to the interest of business partners
- Comfortable working in ambiguity yet results-driven and deadline-orientated environment
- Passion for detail with enthusiasm for learning new topics and performing deep research
- Proven passion & experience in inspiring change or transformation
- Excellent communication and presentation skills – verbal and written
- Excellent story-teller, capable of translating complex hypotheses into succinct and inspiring content
Desirable criteria:
- Experience in bringing new technology solutions into existing businesses to drive value
- Good understanding of the commodity trading / fintech / energy industries
- Prior research analyst experience in a VC or management consulting firm
Why join us:
At bp, we believe that our team is strengthened by diversity. We are committed to encouraging 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, including a generous paid parental leave policy and excellent retirement benefits, among others!
Travel Requirement
Negligible 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, Acquisitions and divestments, Agreements and negotiations, Analytics, Commercial acumen, Commercial Business Development, Communication, Contractual risk management, Data visualization and interpretation, Deal structuring, Decision Making, Developing and implementing strategy, Economic evaluation methodology, Economic modelling, Financial Analysis, Financial Modelling, Influencing, Investment appraisal, Joint venture structuring, Long Term Planning, Managing change, Market Analysis, Project and programme management, Risk Management, Sector, market, customer and competitor understanding {+ 2 more}
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 disabilities may request a reasonable 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 accommodation related to the recruitment process, please contact us to request accommodations.
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.