Job summary

Entity:

Strategy, Sustainability & Ventures

Job Family Group:

Strategic Planning & Business Development Group

Job Summary:

Venturing is integral to enriching bp’s innovation landscape by taking advantage of changes to the value chains bp is, or might be, active in. As bp’s corporate venture capital unit, bp Ventures (bpV) plays a key role in helping bp reinvent itself as an integrated energy company, in line with our new purpose: reimagining energy for people and planet!
bpV exists to provide insight into and the commercial innovation capacity that allows bp to build new businesses. bpV collaborates actively to share insight across SS&V and the wider bp to ensure bp realizes the full strategic value of the corporate venture capital activity.
bpV invests in a portfolio of high growth businesses with significant impact on bp’s current or future strategy. bpV has a track record of investing in exciting innovation, creating new value for bp across dynamic markets. Since 2006, bpV has invested over $1bn into over 70 companies, co-investing with more than 250 corporate and institutional venture capital groups. Currently, bpV runs an active portfolio of around 30 companies.
This position will be an Investment Analyst on the bp Ventures team and be located in one of the main bpV hubs, currently the United States – Houston. You will support the team of Principals/Associates and Regional Managing Directors across the growth engines in commercial modeling, deal analytics, and portfolio management including strategic value. This exciting role will require a mix of financial, technical, and commercial skills as well as a knowledge of venture capital deals and structures.
By partnering with early- and growth-stage start-ups and the venture capital and corporate VC community, the bpV team accelerates the development of accretive and disruptive technologies. The Ventures team operates in highly dynamic internal and external markets, building and shaping options to create enhanced strategic and financial value.

Job Description:

Accountabilities:

• Target Market Analysis: Upon target company or industry selection, Analyst will lead the driven market analysis to understand market size, valuation multiples, and margins of existing companies in market segment.
• Commercial Analysis: Evaluate target company’s financial model and key assumptions and then help with commercial inputs to help bp Finance in building a modified model that aligns with the company's views of the overall market and assumptions.
• Deal Structuring and Execution: Supports growth/engine leads/teams in development of IM (Information Memo), ATN (Authority to Negotiate), and EFMs (Execute Finance Memorandum), peer review materials and materials for investment committee for deals in which the Investment Analyst is supporting.
• Governance Support: Will support bp Directors/Observers and or Shareholder Representatives in handling various governance duties while also building professional governance competencies.
• Portfolio Management: Will assist in the analysis of all follow-on investments into bpV portfolio companies and make recommendations to Regional Managing Director and Investment Director/Principals on level of investment and commercial terms.
• External Engagement: May be expected to attend conferences and network with the VC community to identify deal flow strategic to bp and investment partners.
• Deployment: Will support in the delivery of strategic value to bp by engaging in business development activities within bp network to deploy portfolio company technologies in bp.
• Exit Management: Will support and help deliver financial value to bp by engaging through Shareholder Rep role in liquidation events such as an M&A and IPO.
• Drives Agile and Continuous Improvement Practices, benchmarking and longer-term planning. Supports the lessons learned process at the conclusion of each investment.
• Drive and embed HSSE culture and behavior in region and more broadly across the team.
• Ensure all activities conducted in accordance with bp’s Code of Conduct.

Requirements:

• Ideal candidate has a mixture of commercial, financial, and technical skills.
• Leads several activity streams with conflicting priorities.
• Good presentation skills and ability to communicate complex data effectively.
• Preferred: Financial skills, including financial modelling. With preference to expertise in modelling specific to venture capital or M&A.
• Preferred: Previous experience in market benchmarking in relation to valuation and or competition
• Preferred: Previous experience with investment banking, deal term sheets and structures.

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 important, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, 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 accommodations.

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

Relocation may be negotiable for this role

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.