Market Risk Manager with Global Commodity Trading - Singapore - The Cap Consulting Group Pte Ltd

The Cap Consulting Group Pte Ltd
The Cap Consulting Group Pte Ltd
Verified Company
Singapore

1 week ago

Wei Jie

Posted by:

Wei Jie

beBee Recruiter
Description

Has about 2 to 8 years of direct risk experience gained with commodity trading firms or banks
:

-
Strong coding skills (VBA, SQL, Python, Database, C#, AngularJS etc) is a nice to have but not a must:

Our client is a renowned and established commodity trading MNC based in town.

This role would suit a well-rounded analytics professional with strong quantitative and statistical skills together with previous industry experience. This demanding role is deeply involved in the day-to-day trading activities of the oil desk.


KEY RESPONSIBILITIES [RISK MANAGER]

  • Trade capture & reconciliation of physical oil and paper trades (Futures, Swaps, Options).
  • Daily position exposure monitoring and reporting to traders, highlighting exposure concentration and hedging requirements.
  • Execute and manage hedging programs for traders with brokers (internal / external).
  • Daily Profit & Loss computation & validating this against market movements or other costs / revenues.
  • Daily & Monthly Profit & Loss and working capital movement analysis and explanatory commentary.
  • Daily capture and accrual of secondary costs/revenues and periodic reviews of book accrual status.
  • Daily interaction with Operations staff on various aspects of physical oil logistics, quality and costs.
  • Liaising with Financial Control team on accounting matters or trade / cost capture in accordance with company guidelines and generally accepted accounting principles.
  • Tracking of physical trade movements and notifications and update the relevant trades in the system.
  • Adhoc trader support and analysis research and analysis on market structure, spreads, price movements, cargo movements, P&L investigations and explanations, etc.
  • Review global position & VAR reports to ensure the desk exposure is reflected correctly in the desk and division VAR reporting.

EDUCATION AND EXPERIENCE REQUIREMENTS

Minimum:

-
Educated to Degree/Masters with strong mathematical inclination:

-
Has about 2 to 8 years of direct risk experience gained with commodity trading firms or banks
:

-
Strong coding skills (VBA, SQL,Python, Database, C#, AngularJS etc) is a nice to have but not a must:


KEY COMPETENCIES/ SKILL SETS

  • Highly numerate, with good problemsolving and analytical skills
  • Highly motivated, analytical, controlfocused, diligent and organised individuals, who exhibits strong integrity, work ethics and ability to perform under pressure
  • Has strong communication skills

Posted by:
CAP Consulting (EA license: 14C7175)

Caroline Poh (EA Registration:

R
Date Posted - 10 May 2023


Job Types:

Full-time, Permanent


Schedule:

  • Monday to Friday

Work Location:
In person