Portfolio Risk Manager (Commodities) recruitment
About Our Client
The organization is one of the largest banks in the world, who is committed to building out its commodities desk. Top class business and clientèle personify the firm.
Job Description
- Engage with local and global management and traders to ensure a mutual understanding of trading strategies, major positions, and market risk exposure across the Commodity trading desks with particular emphasis on the global oil trading business and other activities conducted in the Asia Pacific region.
- Oversee monitoring of various trading and market risk limits against exposure and work with business leaders, bankers, and credit risk officers to resolve excesses and create additional capacity.
- Work as part of Risk Management to represent the team in the Asia Pacific region, participate in global initiatives and help the team discharges its key risk management objectives.
- Partner the review of and opine on complex commodity trading structures, as well as interfacing with senior management, traders, and sales teams.
- Interface with clients, bankers, and business leaders for transaction structuring and trading document negotiation.
- Provide coverage for Independent Operational Risk Management (OEM) on Asia-PAC Commodities, notably:
i) Identify and report operational risks as they emerge and communicate these risks to Independent OEM; and
ii) Notify Independent OEM of any product, process or situation from which material OEM losses may arise as it pertains to new business activity as well as existing business.
The Successful Applicant
- Understanding and working knowledge of market and credit risk, as demonstrated with a Commodities portfolio.
- Knowledge of instruments traded in commodity markets including swaps, options, forward physical, and other complex instruments. Experience with VAR, stress testing techniques and other capital market quantitative measurements.
- Understanding of commodity contract which include USDA/CS, forward physical contract, and Cross-Product Master Netting Agreements among other credit document typical for commodities.
- Experience creating complex models, which forecast financial results for a counterpart. Establish permitted products for trading desk, review model validation documents and act as an arbitrator of price verification issues as appropriate.
What's on offer
Attractive package, good career opportunities, excellent exposure to senior management
Apply for this job
Apply online using the Apply button below or phone Mark Li on + 65 6533 2777 quoting jobref H1269380
May 26, 2012
• Tags: Portfolio Risk Manager (Commodities) recruitment, Risk Management careers in the Singapore • Posted in: Financial