Glencore Singapore Pte Ltd is a wholly owned subsidiary of Glencore Plc. and engages in commodity trading, the Singapore office employs approximately 220 staff working from a single site.
We are seeking a self-motivated, commercially oriented and driven individual who can demonstrate a sound understanding of fundamental analysis, commercial acumen, risk assessment and management in the context of a commodities trading environment. Strong written and verbal communication skills are a must. Candidates should also be data oriented and have an aptitude for numbers.
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
Reporting to the Head of Risk for the Oil Division in Singapore. Duties and Responsibilities include:
- To work closely with the traders and operators to ensure accurate and timely entry and maintenance of physical and derivatives trades in the reporting systems.
- Daily P&L production and reporting.
- Month end, quarter end, and year-end closing of the books, Day to day activities including posting month-end journal entries, clearing open items, preparation of account analysis and reconciliations.
- Review of trial balance reports.
- To assess accuracy and aptness of marks-to-market and monitor and report positions and profit-and-loss, providing commentary where necessary.
- To monitor pricing exposure and ensure that hedging is executed in line with the trading team’s requirements and company policy.
- Contribute professional judgment on financial matters, and on ways of improving the controls and processes.
- Functional managerial duties for small team including graduates.
- Other duties and responsibilities as the Company may see fit.
KEY COMPETENCIES / SKILL SETS
- Highly numerate, with good problem-solving and analytical skills
- Highly motivated, analytical, control-focused, diligent and organised individuals, who exhibits strong integrity, work ethics and ability to perform under pressure
EDUCATION AND EXPERIENCE REQUIREMENTS
- Educated to Degree/Masters
COMPENSATION
Salary will commensurate with qualifications & experience.
We regret to inform that only shortlisted candidates will be notified.
