
Commodities Market Analyst
3 days ago
A leading commodities trading house is hiring a skilled Commodities Market Analyst to join their middle office team. This is an exceptional opportunity to accelerate your career in Commodities. The successful candidate will be part of the Profit and Loss (P&L) team in our Singapore headquarters.
Key Responsibilities- Production of daily P&L reports and consolidation of all trade book reports, ensuring precision, consistency, and integrity.
- Resolving queries from traders or other departments relating to P&L impacting topics.
- Raising queries to traders when proposed booking changes or business practices are unclear.
- Bringing awareness and understanding to the impacts of deal changes or bookings on different departments, considering how it will affect them.
- Validation of physical commodity (LNG, Gas, and Coal) and derivative deal entries to ensure an accurate valuation within our Energy Trading Risk Management (ETRM) system.
- Ownership of maintaining price curves and associated calendars.
- Understanding the different funding requirements for futures and forwards and how it affects various stakeholders.
- Responsibility of the relationship with clearing brokers and clearing banks.
- Monitoring trading activity; highlighting and reporting unusual activity.
- Supporting Market and Credit risk monitoring.
- Understanding and ability to calculate the impacts of Interest Rates (IR) and Foreign Exchange (FX) on P&L, working with the Treasury team to ensure the impacts are expected and hedges are correct or executed when required.
- Supporting Finance in month-end financial closing processes explaining any provision requirements for the business.
- Summary reporting (e.g., weekly, monthly) on key analytics.
- Synergizing with other teams based in London to add value to each other's tasks as well as gaining a greater insight for colleagues based in Singapore.
- Ownership of the Contract and confirmation management for financial trades.
- At least 3 to 5 years of work experience within an energy or commodity trading environment in a market risk or product control capacity.
- Strong analytical skills.
- Experience working closely on a trading floor with tight deadlines.
- Physical Commodities experience.
Please note that no work permit will be sponsored for this opportunity.
BenefitsEA Licence: 16S8091
EA Reg No.: R
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