Overview

• Salary

  4,000 SGD ~ 5,000 SGD

• Industry

  Trading Firm

• Job Description

  Our client is a Japanese company that deals with Crude Oil and Gas trading companies in Singapore that focus on selling crude oil and natural gas. The Risk Management Executive will report directly to the Head of Risk Management and support daily risk control, P&L monitoring, hedging effectiveness, credit risk management, and ETRM system operations. This role is positioned at a Junior Executive level and is suitable for candidates with early-career exposure to oil & gas trading or risk management.
  
  【Responsibilities】
  Trading & Market Risk Management
  - Monitor and maintain accurate book-keeping of physical and hedging derivative transactions
  - Track and manage daily, monthly, and cumulative P&L for physical and derivative trades
  - Verify that executed derivative transactions align with the Monthly Hedge Plan
  - Assess the effectiveness of hedging strategies in mitigating physical price exposure
  - Monitor annual trading loss limits and take necessary actions to prevent limit breaches
  - Track and manage P&L deviation between physical and hedge derivatives in line with approved limits
  - Prepare daily and monthly risk reports for Management and relevant stakeholders
  
  Derivatives & Margin Management
  - Reconcile hedge derivative (futures) positions and margin calls with financial institutions
  - Verify deal details entered into the ETRM system against official position slips/statements
  - Ensure consistency between ETRM margin calculations, internal margin spreadsheets, and bank statements
  
  ETRM System & Market Data
  - Support ETRM system management, enhancement, and data integrity
  - Compile prices from multiple market sources and build daily settlement and forward curves for ETRM upload
  
  Credit Risk Management
  - Monitor customer credit exposure and ensure compliance with approved credit limits
  - Report credit exposure and balances to relevant parties on a regular basis
  - Analyse customers’ financial condition and market reputation to support appropriate credit limit setting
  
  Compliance & Internal Coordination
  - Ensure compliance with internal risk management rules and trading policies
  - Attend and participate in meetings with Trading, Operations, Finance & Administration teams, as well as HQ counterparts
  - Support Finance & Administration-related tasks when required, under the supervision of the Head of Finance & Administration