Entity:

Finance

Job Family Group:

Procurement & Supply Chain Management Group

Job Description:

The Counterparty Due Diligence (CDD) Enablement Manager is responsible for ensuring that CDD assessments are conducted in accordance with the requirements of the CDD Practice in bp, including the requirement to observe all data privacy regulations and the need to maintain a systematic audit trail for all decisions and controlled document retention.

You are leading the CDD SMEs, who are responsible for all critical issues from the CDD analyst and will be the primary CDD point of contact for the relevant business and act as the bridge between Legal/E&C and FBT in cases review.

You will also take accountability for developing the SME capabilities and ensuring FBT CDD has the right approach and recommendations to how we handle Higher risk counterparties.

Key Accountabilities

Process Leadership

• Take ownership of the CDD Operational process across the FBT centres, with specific focus on higher risk counterparties for the on-boarding, refresh and on-going monitoring process. This include the CDD critical issues process handled by the CDD SMEs.

• To approve the assignment of High Risk to counterparties

• Lead all aspects of and facilitate the development of CDD capability into the team across the centres, including developing capabilities of SMEs.

• Design the SME Capability required to support the new CDD process and deploy in a phased approach via the TOM including the development of the capability in the Operational locations

• Work with the segments to establish the insights/recommendation framework required to reduce reliance on specialist SME’s (E&C, Legal, etc)

• Support business growth agenda and critical initiatives in line with CDD risk management requirements

• Ensure Compliance to CDD procedures by working closely with CDD Operations, CDD Process and Assurance, Ethics & Compliance, Segments and Legal teams.

• Ensure counterparty data integrity in the systems is preserved and enhanced in line with CDD procedures. Support the process to provide critical metrics and MI supporting the effective operations of the CDD team and in support of internal and external reporting and assurance

• Actively participate in the CDD practitioner and networking forums. To be the SPA from the CDD team for the segment allocation

• Participate and contribute to the reviews of the CDD and High Risk Agent Group Control Process (HRAGCP) with fellow practitioners and subject matter authorities from Ethics & Compliance (E&C), Legal,Segment etc. To be the SPA from the CDD team for the segment allocation

• Provide subject matter expertise to team members across the CDD organisation (including SMEs) or wider business to ensure appropriate level of rigor is applied to CDD and HRAGCP evaluations of counter-parties

• Work closely with E&C, Finance Groups, Procurement Groups, Credit Group, Internal Control and supported businesses.

• Act as an advisor to E&C, Legal and Segments on CDD Operational matters.

• Responsible for the ELS and Sustaining period the new CDD Process and TOM including business/partner engagement

• Review demand from Segments/Business and capacity of the CDD Team to effectively resource and meet business objectives.

• In Conjunction with the Head of CDD establish the right governance and business oversight required with the different businesses and policy partner insights

Process and Data Integrity

• Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

• Maintain the consolidated Key Process Indicators for CDD process and input to segment risk heads and E&C.

• Drive system, tools and process standardisation

• Implement process automation

Global People Management

• Act as line manager for SMEs across the centre.

• Participate actively in FBT Enablement talent management processes to develop skills and capability within the team that provides developmental opportunities and meaningful career paths for members of the service delivery network.

• Support the development of the new organisation culture within FBT CDD organisation, in line with the FBT Employee Value Proposition to retain and attract the right talent, and encourage a high performing culture

• Lead the relevant partner relationships within other FBT Services lines, and with the segment teams

Health, Safety, Security and Environment (HSSE)

• Follow all BP’s Health, Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager

• Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health & Safety issues, and contribute to successful implementation of HSSE programmes and initiatives

Essential Education, Experience and Job Requirements

• Bachelor’s degree in business, Finance, Accounting, or related field; or professional certification such as ACAMS or ICA.

• 10+ years of working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.

• Significant experience of people management and handling large scale operation

• Excellent written and oral communication skills in English

• Strong partner relationship management skills

• A proactive and dynamic approach

• Ability to communicate and influence across different levels in the organization.

• Engaging and collaborative way of working

• Resilient and experienced in working in a multi-faceted environment

Why 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.

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:

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 an accessibility need may request an adjustment/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 adjustment/accommodation related to the recruitment process, please contact us.

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.