LocationUnited States of America - Texas - Houston
Work moderemote
Typefull-time
DepartmentSupply & Trading Group
Company size10,000+ people
PostedOct 1, 2026 · 1w ago
Verified live6h ago
At a glanceSummarised by Seekless from the posting.
Must have16
Manage and develop the retail costing process for the assigned US deregulated markets with a focus on competitiveness and business growth while mitigating key exposures
Analyze and model cost component risks and premiums
Develop, automate and maintain reporting of the cost components, strategies and methodologies that feed into pricing and gross margin models
Track, optimize and explain PnL for non-tradable components
Effectively manage the regulatory rate change process
Track and understand market and state rules that impact retail costing
Work closely with regulatory and compliance team when appropriate
Cost and support development of new product initiatives
Serve as a SME for other functional departments, including Pricing and Operations, in ISO component level costing and settlements
Obtain quarterly sign off for all costing methodologies and prices with appropriate groups
Build and support information library and data infrastructure
Serve as key SME to Sales and other customers on costing related questions
Track and analyze competitiveness feedback
Produce market collateral to Sales, channel partners and customers
Present in customer meetings and seminars as requested by Sales
Develop knowledge and experience in all deregulated energy markets in NA
Entity:
Supply, Trading & Shipping
Job Family Group:
Supply & Trading Group
Job Description:
About bp
Our purpose is to bring together people, energy and markets to power and navigate a changing world.
In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too!
About the team
This team is filled with technical industry specialists, personable people, who are driven and capable to address all the complexities that come with working in Retail Power industry. In addition to costing & competitiveness, the team is also responsible for various commercial growth initiatives and unique products. We are the core of wider Retail Supply department driving improvements in execution, processes, and accuracy. Given wide breadth of the team’s responsibilities, we touch a lot of different functional areas, including Sales, Operations, Finance and Risk.
Key Accountabilities
•
Manage and develop the retail costing process for the assigned US deregulated markets with a focus on competitiveness and business growth while mitigating key exposures
•
Analyze and model cost component risks and premiums
•
Develop, automate and maintain reporting of the cost components, strategies and methodologies that feed into pricing and gross margin models
•
Track, optimize and explain PnL for non-tradable components
•
Effectively manage the regulatory rate change process
•
Track and understand market and state rules that impact retail costing
•
Work closely with regulatory and compliance team when appropriate
•
Cost and support development of new product initiatives
•
Serve as a SME for other functional departments, including Pricing and Operations, in ISO component level costing and settlements
•
Obtain quarterly sign off for all costing methodologies and prices with appropriate groups
•
Build and support information library and data infrastructure
•
Serve as key SME to Sales and other customers on costing related questions
•
Track and analyze competitiveness feedback
•
Produce market collateral to Sales, channel partners and customers
•
Present in customer meetings and seminars as requested by Sales
•
Develop knowledge and experience in all deregulated energy markets in NA
•
Other duties and responsibilities as may arise and may be assigned by management