Market Risk Commodities Analyst – Associate/AVP, Singapore, SEA recruitment
The Role:
• Analyse, monitor and manage the market risks of crudes, oil products and carbon emission trading books.
• Perform risk analysis into new and existing trading activities. This would include Value-at-Risk computations, sensitivity and scenario analysis, stress-testing and back-testing etc.
• Review and recommend appropriate risk parameters to manage and control the level of risk-taking for the respective trading books.
• Investigate and follow-up on any breaches of risk limits until the breaches are rectified/resolved.
• Provide recommendations on risk mitigation strategies when necessary.
• Conduct regular review of the trading books to ensure that the market risks are appropriately quantified and controlled in the trading books and make recommendations on possible methodology changes and risk controls.
• Provide regular risk reports to senior management for review and support decision making.
• Evaluate and conduct a risk assessment of new investment and business initiatives proposed by the front office. Provide an independent opinion on the risk and reward of new activities,
• Provide risk analytics support to the front office on prospective trading strategies.
• Act as a specialist resource for the pricing and risk models for new business activities and derivative products.
• Conduct training on market risk and other relevant topics to external clients as well as staff from different functions within the company
• Participate in global projects/initiatives.
• Champion users’ requirements for new systems and system enhancements and/or support the implementation of market risk and other relevant IT systems.
• Provide secretarial support to the regular Regional Risk Committee and Strategy meetings.
Requirements
The preferred candidate should have the following:
- Honours or Master degree in a quantitative field within the area of Finance. Equivalent qualification in statistics/mathematics/engineering/physics would also be considered
- Demonstrated strong computational ability
- Minimum 3 years of relevant experience in risk analysis
- Good team player with strong influencing skills
- Experience in commodities risk management and/or familiarity with energy markets would be an added advantage
- Prior trading experience will be considered favourably.