Senior Trading Analyst

3 days ago


Singapur, Singapore LyondellBasell Full time
Job Title: Sr. Trading Analyst

LyondellBasell is seeking a highly skilled Sr. Trading Analyst to join our team in Singapore. As a key member of our Middle Office function, you will play a critical role in supporting our feedstock trading activities and ensuring compliance with internal control policies and regulatory requirements.

Key Responsibilities:
  • Design and implement processes and procedures for Middle Office function in LBS/Singapore
  • Evaluate, verify, document, and ensure deals executed by Feedstock Procurement Manager are in compliance with LYB internal control policies and regulatory requirements
  • Work with Treasury to manage receivables/payables, physical working capital limits, and optimize cash flow and liquidity management
  • Support operation and Treasury department in issuing and clearing LC issues
  • Handle trading operation related secondary costs verification and computation for payment and rebilling
  • Review demurrage calculations provided by the operator, follow up, and monitor timely demurrage settlements
  • Verify demurrage claims raised for cargo purchases, resolving discrepancies and ensuring reasonable countering with fair and timely settlement
  • Monitor and ensure sign-off/approvals of authorized signatories for all trading related activities/transactions
  • Monitor and ensure procedures are in compliance with risk management controls, identifying and addressing any potential and existing risk gaps or issues
  • Liaise with Operations, Treasury, and various support teams to identify any possible operational risk issues and implement solutions to mitigate such identified risks
  • Handle physical cargo contract administration, including any intercompany and joint venture related transactions
  • Oversee accounting, reporting, audit, and control-related activities, maintaining proper records, transparency, and accuracy in financial records and statements
  • Monitor the margin requirements for swap clearing account
  • Prepare monthly reports as required highlighting main drivers and movers for the P/L
  • Ensure deals done are captured in the system timely and accurately with prompt information updates and proper information flow from the Trading System to the Accounting system
Requirements:
  • University degree in Accounting, Finance, Mathematics, or Economics
  • About 5-10 years' experience in energy risk assessment and analysis role
  • Knowledge and experience in implementing and using CTRM/trading system/SAP
  • Good working knowledge of Excel, Word, PowerPoint
  • Possess practical working experience, knowledge, and understanding of various commodity types and their settlement procedures
  • Possess working knowledge of Energy Risk Management Set up, Monitoring & Reporting structure
  • Possess intricate understanding of energy Risk Drivers & Metrics such as VaR; Know how to set up various Risk assessment reporting system
  • Ability to implement trading system and setup
  • Ability to work in a team
  • Possess good working knowledge of demurrage calculation and claim processes
  • Possess in-depth working knowledge and appreciation of petroleum product trading contracts and contract management
  • Possess good understanding of commodity trade flow with strong finance and accounting knowledge to tie in the whole trade cycle
Competencies:
  • Build Partnerships
  • Deliver Results
  • Drive Innovation
  • Grow Capabilities
  • Promote Inclusion
  • Motivational/Cultural Fit
  • Technical Skills


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