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Portfolio Developer
BP
Description
bp is seeking a Portfolio Developer responsible for the ongoing management, optimisation, and development of bp's existing retail service station portfolio, also known as the base network. This role focuses on managing contractual agreements, driving renewals, coordinating upgrades and rebuilds, supporting site closures and disposals, and identifying growth opportunities across the retail network. The Portfolio Developer supports bp's four-year portfolio roadmap by helping to maintain a high-quality, profitable, safe, and compliant retail network aligned with bp's commercial, operational, and HSSE standards.
Requirements
- Bachelor's degree in Finance, Commerce, Property Studies, Urban Planning, or a related discipline
- Proven experience in retail portfolio management, network development, property management, or a similar commercial real estate role
- Strong understanding of retail and fuel network economics
- Experience leading real estate negotiations independently
- Experience managing permitting and regulatory approval processes
- Experience in budgeting, investment analysis, and financial evaluation
- Knowledge of town planning, property development, and local market conditions
- Understanding of the assigned geographic area and planned infrastructure developments
- HSSE awareness, including safe working practices and defensive driving principles
- Established working relationships with local authorities, municipalities, or regulatory bodies (advantageous)
Key Responsibilities
- Manage and optimise bp's existing service station portfolio to maximise long-term value, profitability, and network quality
- Oversee contract renewals for Dealer-Owned (DO) and Company-Leased (CL) service stations
- Identify opportunities for growth, upgrades, rebuilds, or rationalisation in line with bp's network strategy
- Recommend site closures, disposals, or divestments where locations no longer meet strategic or financial requirements
- Lead negotiations with dealers and landlords for contract renewals, rental adjustments, and revised commercial terms
- Manage and renew supply and lease agreements in accordance with bp standards
- Review financial structures, rental arrangements, performance criteria, and commercial conditions
- Support and manage capital investment programmes aligned to bp's High-Grade Portfolio strategy
- Prepare, validate, and present investment proposals, financial models, and business cases using bp-approved templates
- Track capital investment delivery against approved budgets and business case assumptions
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