Job Overview
This role is responsible for identifying, analyzing, and mitigating risks associated with market fluctuations in oil prices. It requires close collaboration with traders and other teams to provide insights and recommendations on risk exposure, monitoring market trends, conducting stress testing and scenario analysis, and developing risk models to assess potential impacts on trading strategies. Strong analytical and quantitative skills are essential to be successful in this role, as well as the ability to communicate complete risk concepts to stakeholders effectively.
Responsibilities
- Daily price updates and forward curve management.
- Update daily position and profit & loss in Mark to Market (MTM) report with analysis of profit & loss drivers.
- Work on transitioning from excel spreadsheets to an ETRM system fir risk reporting, including data validation, process streamline, etc.
- Monitor trading exposure and profit & loss against risk limits.
- Analyse the market and summarize the performance for each trading team.
- Monthly reconciliation of the reported MTM profit & loss against actual financial performance.
- Perform month-end stock reconciliation.
- Prepare risk related reports and statistic.
- Other duties as assigned.
Requirements
- Degree in Finance, Accounting, Economics, Mathematics or equivalent.
- Min 2 years of experience in oil & gas or petrochemical industry, familiar with market risk management works.
- Candidates with more than 8 years of relevant experience may be considered for senior position. Having in-depth knowledge of commodity market and trading strategies could be advantageous.
- Exposure to MRM framework & models, financial modelling, value at risk models will be an advantage.
- Sensitive with numbers, meticulous.
- Good communication and interpersonal skills.
- Good analytical and problem-solving skills.
- Able to work independently in fast-paced environment.
Please write in with a full resume, present and expected salary, contact telephone number(s) and any other relevant information to:
Email: [email protected]
Only shortlisted candidates will be notified
Personal Data Protection
In submitting your personal data and/or resume, you shall be deemed to consent to us collecting, using and disclosing your personal data for the purpose of assessing your job application. Information collected may also be disclosed to the PetroChina Group of Companies (which includes PetroChina International (Singapore) Pte. Ltd., Singapore Petroleum Company Limited) for this purpose.
