Job Description
- Monitor trading activities on daily basis to ensure compliance with Risk Management policies and procedures
- Execute mark-to-market valuation, monitor hedge positions, reconcile and report p/l positions and calculate value-at-risk
- Identify and report non-compliance events and put in place measures to prevent reoccurrence
- Develop and maintain forward pricing, basis and volatility curves, market reference prices, market clearing mechanism and plant-to-plant pricing exceptions
- Provide general systems and process support to the Risk Control Operations team
- Interfacing with financial brokers / exchanges to ensure appropriate controls are in place, as well as acting as a contact for ad-hoc initiatives / projects
- Work closely with the Valuation team, Controller’s, and other Risk Control teams to support the daily position valuation and monthly mark-to-market accounting processes
- Evaluate financial impact and risk exposure of new commercial business scenarios
- Ensure data management and data integrity for all risk related systems
Job Requirements
- Knowledge of Commodity Trading and Trading System
- Understand integrated petrochemical company integrated value chain process flow
- Knowledge of Commodity Trading Exchange rules and regulations