Operation Risk Analyst recruitment
Summary:
This is an exciting opportunity to contribute to the implementation of Operation Risk Management in a fast moving trading business. GMT has successfully and significantly grown over the past 12 years but is now looking to establish itself as the leading energy marketing and trading company. The Company is already active in gas, power, oil, carbon, LNG and forex but continues to expand its market coverage.
Trading is both physical and financial, with products ranging from vanilla derivatives to complex options and structured products.
Duties and Responsibilities:
- Help the Head of Risk to coordinate and drive effective compliance and operational risk management.
- Liaise with the Global Risk function to implement risk monitoring controls to meet internal risk compliance requirements.
- Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues.
- Investigate and report operational incidents to identify root causes and mitigation plans.
- Help identify and document the key operational risks facing the business.
- Facilitate self-assessment workshops on of key operations controls.
- Perform on-going review of the key risks ensuring it is up to date with each business unit.
- Perform regular gap analysis to identify inconsistencies in procedures and controls across functions and ensure gaps are closed.
- Monitor Key Risk Indicators and ensure any issues are escalated, investigated and presented to senior management.
- Support business units in closing off any audit observations/ points within the stipulated timeline.
- Provide advice to the front office on all operational risk issues and support implementation of operational risk initiatives.
Candidate Specification:
1. Qualifications:
- Degree educated in a numerical or financial subject
2. Skills:
- Understanding of the importance of operation risk management in physical trading environment
- Ability to explain operation risk involved in trading environment
- Fluent in English. Other Asian language skills would be a benefit
3. Competencies:
- Strong analytical abilities
- Strong desire and ability to learn new skills
- Pro-active in achieving results
- Able to cope with rapid business growth and pressurised environment
- Able to work as part of a team as well as individually
- Able to influence individuals and teams in matrix environment
- Effective written and verbal communication skills
- Diligent and reliable
4. Experience:
- Relevant work experience in operations risk management positions,
- Experience in commodity trading environment will be of advantage
Location:
The incumbent will be based in Singapore
February 5, 2012
• Tags: Commodities careers in the Singapore, Operation Risk Analyst recruitment • Posted in: Financial