Market Risk Analyst
- Singapore
- Permanent
- Full-time
- Monitor and report daily position exposure to traders, identifying concentrated exposure and hedging needs.
- Capture and reconcile physical oil/gas/metal trades and paper trades (futures, swaps, options)
- Execute and manage hedging programs for traders with both internal and external brokers.
- Calculate daily Profit & Loss (P&L) and validate against market movements or other costs/revenues.
- Perform daily and monthly analysis of P&L and working capital movements, providing explanatory commentary.
- Capture secondary costs/revenues daily and review book accruals periodically.
- Collaborate with Operations staff on physical oil/gas/metals logistics, quality, and costs.
- Coordinate with the Finance team on accounting issues and trade/cost capture according to company policies and accounting standards
- Track physical trade movements, update the relevant trades in the system, and manage notifications.
- Provide ad-hoc support and analysis to traders, including market structure research, spread analysis, price movement tracking, cargo movement updates, and P&L investigations.
- Review global position and Value at Risk (VAR) reports to ensure the desk’s exposure is accurately reflected in both desk and division-level var reporting.
- University degree - quantitative field preferred i.e. Computer Science, Mathematics, Statistics, Financial Engineering etc
- Understand the financial markets covering FX, Equities, Commodities (i.e. oil & gas, metals etc)
- 2 to 5 years of relevant experience in market risk
- Strong coding skills (i.e. Python, SQL, VBA, C# etc)
- Exposure to oil & gas, metals industry, shipping industry, commodity markets would be an advantage but not essential for this role.
- Experience with statistical analysis and machine learning techniques for market data
- Knowledge of derivatives instruments, futures, and options trading strategies.
- Demonstrated ability to work effectively both independently and as part of a collaborative team.
- Excellent problem-solving skills and a strong attention to detail
- Strong stakeholder communication skills