Senior Commodity Risk Manager

2 days ago


Singapore WILMAR SUGAR PTE. LTD. Full time

**Job Summary**

We are seeking an experienced Senior Commodity Risk Manager to join our team at WILMAR SUGAR PTE. LTD.

The estimated salary for this role is $120,000 - $180,000 per annum, depending on experience.

**Company Overview**

WILMAR SUGAR PTE. LTD. is a leading player in the global sugar industry, with a strong presence in the Asia-Pacific region.

**Job Description**

As a Senior Commodity Risk Manager, you will be responsible for handling new trades done by traders from time after Trade and monitoring, tracking, and reporting throughout the lifespan of a contract.

Key responsibilities include:

  • Monitoring the overall book size over different origins and destinations
  • Drafting contracts
  • CALCULATING PROVISIONAL AND FINAL PRICE
  • Monitoring counterparty exposures in terms of volumes and MTM
  • Responsible for Daily Physical position reporting
  • Making sure that foreign currency trades are hedged to USD
  • Working closely with Treasury and Trade Finance Departments
  • Client account maintenance and liaison with Accounts and Group Risk teams
  • Preparing and sending contracts to counterparties on a timely manner
  • Reviewing contractual terms to ensure they are in compliance with corporate policies
  • Coordinating closely with traders, operations, pricing/futures and finance colleagues, colleagues from other offices, clients and suppliers
  • Generating business reports from in-house Business IT system
  • Accurately inputting cost, allocating and splitting contracts from in-house Business IT system and troubleshooting the system as and when required
  • New counterparty assessment and limits creation
  • Ad-hoc duties as assigned from time to time

**Required Skills and Qualifications**

To succeed in this role, you will need:

  • A good degree from a reputable university with minimum 3 years' experience in the soft commodities industry
  • Good experience in trade coordination with trading and operations teams
  • Knowledge in contract drafting, shipping logistics, operations, documentation, trade finance, marine and credit insurance would be an advantage

**Benefits**

We offer a competitive salary package, comprehensive training program, and opportunities for career growth and development.



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