Role Overview:
The Risk Officer is part of the Risk team based in Singapore reporting to the Head of Risk, Asia Pacific and will work in close collaboration with traders, operations, trade support, accounting and back office. This role is a key control function ensuring quality reporting of trading performance and risk analysis for the region.
Main Responsibilities
- Daily trading P&L validation and reporting to traders and management. This includes analysis of the key drivers of P&L and reconciliation against trader's estimates and market fundamentals.
- Daily exposure reconciliation with traders
- Liaise and coordinate daily with operations for logistical impact on risk exposure and P&L/costs.
- Daily reconciliation of listed derivative contracts between exchange statements and in-house Energy, Trade and Risk Management (ETRM) systems
- Daily validation of trade economics of physical trades done against trade recaps
- Ensure curves are reasonably marked by comparing against broker quotes/reliable external sources.
- Check marked to market curves applied to physical deal valuation daily.
- Allocate hedges in strategies.
- Monitor daily VAR consumption against VAR limits and report breaches to Head of Risk, Asia Pacific on a timely basis.
- Responsible for reviewing, investigation and resolution of month end breaks between in-house ETRM system trading results and accounting.
- Responsible for setting up new curves/calendar set up and onboarding new products to be traded in-house ETRM system for risk management and P&L generation.
- Will be expected to participate and contribute to any system and process migration projects relating to Risk function.
- Perform cross coverage within Risk team.
- Identify and implement ways to streamline existing processes such as automation.
- Provide risk analytics for management reporting.
- Ad-hoc duties as assigned by manager.
Requirement:
- Bachelor's degree with a major in, Accountancy, Business Administration, Business Analytics, Data Science, Economics, Finance, Mathematics.
- At least 2 or more years of work experience in the trading/commodities houses as Risk Officer (or equivalent) for both derivatives and physical trades.
- Must have excellent Excel skills.
- Preference for Excel VBA, Python or Power Query/BI skills.
Interested Applicants, please email your resume to [email protected] (R1767650), stating the position as the subject title in the email. All Applications will be handled with strict confidentiality.
