CDD Senior Analyst- Fixed-term

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. 

In Hungary, we operate bp’s Global Business Services organization which is an integrated part of bp. Our people want to play their part in solving the complex challenges facing our world today and, guided by our bp values, are working to help meet the world’s need for more energy while lowering carbon emissions. In our offices in Budapest and Szeged, we work in customer service, finance, accounting, procurement, HR services and other enabling functions – providing solutions across all of bp. Join our team, and develop your career in an encouraging, forward-thinking environment!

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better – and how you can play your part in our world-class team?

Join our Team and advance your career as a

Counterparty Due Diligence Senior Analyst

Please note that this role is offered on a fixed term basis until approximately December 2028

The Counterparty Due Diligence (CDD) senior analyst is responsible for accurate, timely and effective on-boarding of new counterparties, and periodic CDD review of already existing counterparties of bp’s trading and shipping (T&S) organization. The CDD senior analyst is repsonsible for the operation of robust control processes over quality of CDD records as well as AML/ABC/CTF/sanctions risk associated with counterparties. The CDD senior analyst works closely with regional CDD teams, the commercial organization, Ethics and Compliance, legal teams and other functions within GBS (e.g. reference data and settlements).

This role will also ensure that the on-boarding and periodic review process meets UK and International AML/KYC regulatory standards and bp and T&S policies.

Consistent with finance strategy, this role should support initiatives driving efficiencies through automation and process improvements and capability development of the team.

In this role You will:

• Ensure effective compliance with the T&S AML Standards through the review of existing and new counterparties:

• Research and assess external / internal information available.

• Conduct negative media and other adverse information screening on counterparties.

• Construct, assess and clearly present risk profile of counterparties.

• Escalate all concerns and red flags to senior CDD levels as appropriate.

• Maintain and enhance effective interaction and communication with key stakeholders in other units / business areas of T&S as well as counterparties directly.

• Influence and initiate improvements to current CDD processes to increase control and efficiency.

What You will need to be successful:

• Relevant finance or legal degree and minimum of 3 years of experience in control, compliance, or finance area

• Knowledge of KYC/AML control functions, and CDD experience ideally within a financial services or commodities trading business is preferred.

• Solid understanding of underlying financial crime/corruption/sanctions risks.

• Ability to manage own workload and deal with competing priorities.

• Strong interpersonal and communication skills.

• Ability to work and deliver as part of a team in a fast-paced environment.

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements

• Life & health insurance, medical care package

• Flexible working schedule: home office up to 2 days / week, based on team agreement

• Opportunity to build up long term career path and develop your skills with wide range of learning options

• Family friendly workplace e.g.: Extended parental leave, Mother-baby room

• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program

• Possibility to join our social communities and networks

• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2023 Award (SSC / BSC sector) third time in a row at PwC's annual employer research. Come and join us!