Emissions Optimization Lead

New Yesterday

Entity: Supply, Trading & Shipping Job Family Group: Shipping Group Job Description: Role Synopsis: The is accountable for driving bp Shippings end-to-end compliance, optimization, and value realization related to FuelEU Maritime, EU MRV, ETS, MEPC and wider fleet emissions performance. The role serves as the central coordination point between Chartering, Operations, GPTI, Digital, HSE, Regulatory, Finance, Claims and external verification bodies to ensure bp meets regulatory obligations, minimizes exposure to penalties, and maximizes commercial value from emissions-related mechanisms such as pooling, banking, and internal transfer pricing. This position turns regulatory requirements into clear processes, operational actions, and commercial strategies. The role combines regulatory fluency, vessel performance understanding, emissions accounting, data management, and cross-functional collaboration to deliver a consistent and compliant emissions optimization agenda. This role also oversees bp Shippings alignment with wider maritime emissions schemes beyond FuelEU. The Emissions Optimization Lead ensures bp Shipping anticipates regulatory tightening and implements proactive compliance strategies across the fleet and will act as bp Shipping external-facing representative for emissions-related market interactions, including verification bodies, shipowners, counterparties, class societies, and emerging compliance credit markets, ensuring bp maintains credibility, influence, and informed market positions. Key Accountabilities: Lead bp Shippings annual FuelEU Maritime (FEUM) and EU MRV compliance process for the operated and chartered fleet. Ensure timely download, consolidation, and verification of emissions and compliance balance data from IMOS, class societies, shipowners, and external verifiers. Coordinate internal and external verification activities, ensuring FEUM and EU MRV data is ready by statutory deadlines. Manage submissions within the FEUM database (Thetis), including pooling creation, banking, carry-forward/borrow requests, and reconciliation of final compliance balances. Act as the Shipping organizations commercial and regulatory focal point with External verifiers (e.g., class societies), Shipowners and pool partners, Compliance balance market participants, Counterparties purchasing or receiving surplus compliance balances, Industry bodies and working groups Lead discussions on FEUM compliance balance transfer pricing, pooling agreements, and value-sharing structures with owners and external partners. Scan and interpret emerging compliance credit markets and act as bps face to market to strategize monetizing surplus units. Maintain up to date awareness of competitor behavior, market price benchmarks (e.g., biofuel vs. FEUM penalty rates), and regulatory sentiment. Support the negotiating position for commercial arrangements relating to emissions optimization and compliance exposure mitigation. Interpret annual GHG intensity requirements, assess operational and commercial implications, and translate into vessel level and fleet level actions. Develop annual commercial strategies related to surplus/deficit management, and present to Shipping LT and GPTI for approval, including evaluating opportunities for pooling, banking, borrowing and monetization of compliance balances (CB), ensuring strategies are aligned with regulations and bps risk appetite. Maintain the FEUM Tracker, ensuring accuracy of surplus/deficit positions and transparency for BPGM, Settlements, Finance and Leadership. Maintain accurate vessel emissions and GHG intensity data across operated and TC fleets. Oversee quarterly and annual reporting cycles, ensuring dashboards, trackers and analytics reflect verified data and commercial decisions. Conduct variance analysis, sensitivity modelling (e.g., biofuel cost vs compliance cost), and scenario planning for future regulatory tightening (20252050 pathway). Provide insights to support the optimization of voyage energy use, GHG intensity, and emissions-related commercial performance. Work with Finance, Settlements and Claims to ensure intercompany and third-party invoicing reflects correct compliance balances and agreed transfer prices. Provide the LNG Claims team and Settlements Analysts with audited CBs and transfer price instructions on a vessel basis. Negotiate and agree with shipowners pooling arrangements and other emissions related commercial mechanisms. Ensure accurate representation of FEUM costs/benefits for internal reporting, DGB submissions, and MI working group. Liaise closely with Chartering, Operations, Performance, Analytics, HSE Environmental Advisors, Maritime Regulations Manager, Senior Legal Counsel, Claims, Finance, and external verifiers. Act as the connective point between regulatory interpretation, data systems, operational reality, and commercial strategy. Represent Shipping in FuelEU Maritime working groups, regulatory discussions and internal governance forums. Essential Experience: Experience in shipping emissions compliance, maritime regulations, fleet performance, voyage optimization, or related commercial operations roles. Strong understanding of GHG intensity concepts, well to wake emissions, IMO/EU regulatory frameworks, and emissions monitoring/reporting systems (EU MRV, FEUM, Thetis). Proficiency with IMOS and vessel performance datasets. Proven experience navigating complex regulatory workflows and managing cross functional processes to strict deadlines. Capability to interpret commercial impacts of environmental regulations and develop optimization strategies. Demonstrated analytical experience using emissions/performance data to drive decision making. Exposure Management, Strong analytical and numerical skills with commercial awareness. Ability to interpret data and translate it into practical insight, Sound judgment, attention to detail, and risk awareness. Desirable Experience: Exposure to LNG-fueled ships, dual-fuel propulsion, BOG management or low-carbon fuel dynamics. Experience working with external verification bodies, classification societies, and vessel owners in regulatory contexts. Familiarity with claims processes (demurrage, off-hire, performance claims) and contractual frameworks related to emissions obligations. Strong understanding of commercial mechanisms such as pooling, banking, borrowing, and transfer pricing of environmental balances. Prior involvement in carbon or compliance markets, environmental trading, or sustainability-linked optimization. Completed commercial skills program or Trader development program Why join us? At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. 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, a generous paid parental leave policy, 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 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: Analytical Thinking, Analytical Thinking, Ancillary cost management, Bunker buyer, Chartering, Coaching, Commercial Acumen, Communication, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Listening, Marine assurance, Marine Operations, Marine systems and processes, Marine technical, Market Knowledge, Mentoring, Negotiating value, Operational Excellence, Partner relationship management, Problem Solving, Sentiment and Trends, Shipping/transport, Trading and scheduling operations {+ 4 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,

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Location:
Gb
Job Type:
FullTime
Category:
Management

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