BP Finance & risk Internship

Hi all, I am currently interviewing for BP's finance & risk internship program that is the main pipeline into their finance & risk graduate program. This is within their Trading & Shipping business. Im quite new to the commodity trading scene, and would like to have insights on whether a role in their graduate program could potentially lead into a more commercial role? 

Some of the rotations would include: commodity risk (something like product control), market risk, operational excellence, credit risk, etc.

Thank you! 

3 Comments
 

Based on the most helpful WSO content, here's what you need to know:

  1. Relevance to Commodity Trading:

    • The BP IST Finance & Risk division includes rotations in areas such as Commodity Risk, Market Risk, Operational Excellence, and Credit Risk. These areas are closely related to the trading business and can provide valuable insights and skills relevant to a commercial role in commodity trading.
  2. Potential for Transition:

    • Gaining experience in Commodity Risk and Market Risk can be particularly beneficial. These roles involve understanding market dynamics, risk management, and financial controls, which are crucial for a career in trading.
    • Operational Excellence and Credit Risk also offer important skills, though they may be slightly less directly related to trading. However, they still provide a strong foundation in the operational and financial aspects of the trading business.
  3. Career Path:

    • While the Finance & Risk program is not a direct trading role, it can serve as a stepping stone. Many professionals in trading have backgrounds in risk management and finance, as these areas develop a deep understanding of the market and risk factors.
    • Networking within the company and demonstrating your interest and capability in trading can also help in transitioning to a more commercial role.
  4. Comparative Advantage:

    • Compared to other graduate programs, BP's TDP (Trading Development Program) is tailored to build foundations around physical trading, including Market Analysis, Trading Operations, and Risk. This makes it a strong option if your goal is to move into trading.

In summary, the BP Finance & Risk Internship can indeed be a valuable opportunity to gain relevant skills and knowledge that could lead to a commercial role in commodity trading. Focus on rotations that are closely aligned with trading, and leverage networking opportunities within the company to facilitate your transition.

Sources: Advice: BP IST Finance & Risk Summer Internship, Correlation between top degrees and a career in commodities, Physical Commodities: Shell vs. BP vs. Trading House Grad Programmes, Scheduling job: Wondering where to take my career from here., Advice for a 21-year-old entering BB S&T?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

this is what i have heard from browsing on posts on WSO:

at the end of the grad program for trading and shipping you take a test. if you do well on the test they pass you onto a trading seat. if you do badly you are put into back office. dont know exactly what back office entails but either way you didnt make the cut and likely wont succeed or have much more impact within BP. However, given the pedigree of BP trading and shipping grad scheme, other commodity trading houses are very likely to pick you up.

I have a question for you, i've applied to the BP grad role and competed the tests for them. I was wondering how long you waited before receiving your interview offer.

best of luck!

 

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