Market Risk professional supportingMetal/Gas/Power/Coal trading with international commodity trading MNC

Our client is a renowned and global commodity trading MNC based in town. It offers good perks and an attractive var bonus for good performers. The MNC is now seeking an experienced market risk professional to support its utility (gas/power/coal) and dry bulk (metals) physical and paper businesses. Their employees work 100% in the office (based in town).

Benefits

• It offers good perks and an attractive var bonus for good performers.
• The co offers an attractive var bonus for its employees.
• It also offers an international and global MNC work environment with excellent job exposure and job stability.
• The role is based in town (fyi, the employees work 100% from the office)

Minimum Requirements

• Minimum3+yearsinamarketrisk-relatedrolegainedwithanenergytradingfirm withexposuretophysicaltradingcoveringUtilities(Power/Gas/Coal)orDryBulk(metal)
• Have market risk experience covering Metals, Power, Gas or LNG (ideally a risk person or as a product controller with intention to move towards market risk)
• Proficiency in at least 1 coding language (VBA is acceptable, Python is advantageous)

This role will cover market risk and some quant developer work (hence some coding capabilities are highly preferred). For this role, you are part of the global market risk team, which is split across 3 sites –Singapore, London (inclusive of Quantitative Developers), and US. The objective of the Risk team is to encourage and ensure responsiblerisk taking and to mitigate trading loss. The team aims to highlight potential risk issues and to elevate as required. Further to that, the team ensures best practice of PNL & MTM modelling of complex physical business with oversight of Middle Office.

As a Risk Specialist, you will support the firm-wide risk monitoring framework. This includes, but not limited to, VAR monitoring & analysis, position monitoring, scenario analysis, factor analysis & liquidity analysis.You will help identify market risk sensitivities that could cause adverse market-based P&L events for the commercial teams and the firm. The scope ranges across elective derivatives books to physical assets &long-term illiquid risks related to physical business

Based in Singapore, the Risk Specialist will have responsibility for:

• Ensuring all risks are clearly measured and identified
• Escalating and illustrating the possible impact of key risks
• Resolving position and VAR issues and always ensuring accuracy
• Applying the appropriate risk framework as required – short-term elective risk vs long-term risks.
• Developing and maintaining pricing/risk tools for brokers and risk using excel/python either through developing models or enhancing existing models
• Conducting ad-hoc market analysis, as required by brokers, risk, and management
• Define market data and valuation model methodology inclusive of physical business
• Understanding how daily market moves are impacting the company's market risk
• Identifying and executing on value-add projects related to risk & valuation using data, financial modelling, best practice book management (financial and physical) and technology
• Taking interventional steps on behalf of the Risk Team with risk takers

Functional areas include

• Stress Testing
• Liquidity/Cash Management
• Option model construction and validation
• Long Term Physical risk
• Physical Asset Performance
• Physical Option Modelling
• Factor Analysis
• Concentration and liquidity analysis
• Paper Trading Performance
• Assisting in the internal IT buildout of new risk systems and models to support the business growth

You will be able to build prototypes to expand the team's functional footprint. You will have strong modelling skills and will have direct exposure to assigned risk takers on daily risk management responsibilities. You will face off directly to the risk takers and the commercial Analyst teams.

This role is broad and varied, with different skills required depending on the priority of the time. It covers market risk measures expanding into best-practice modelling and marking of non-linear business. The role also covers understanding and interrogating the modelling of our physical business. You are a numerical problem solver who is self-sufficient and not dependent of central tech teams to deliver. You are also a strong communicator with the ability to deal with all levels of the organisation to represent both yourself and the team. They will be able to form strong working relationships with people inside and outside the team to help them deliver with impact on wider initiatives, which will be frequent.

What you need to bring

• Degree in Maths, Science, Engineering or Computer