Commodity Risk Management Specialist
11 hours ago
Are you a trading professional seeking a challenging role in the Energy sector? Global Risk Management Ltd. A/S offers an exciting opportunity as an Oil Derivatives Trader in Singapore.
We are a leading provider of customised price risk hedging solutions in the Energy space, with a strong presence in oil and biofuel supply and trading, shipping and logistics, risk management, IT and other services. As a wholly owned subsidiary of United Shipping and Trading Company (USTC), a worldwide conglomerate specialising in various industries.
We offer clients access to the Energy markets via OTC Bilateral credit facilities to effectively manage their price exposures. Our product portfolio includes financial derivatives of crude oil and refined products, gas, carbon, biofuels, coal, freight and power markets. Headquartered in Middelfart, Denmark with offices in Copenhagen and Singapore, and a presence in Houston and London.
About the Role
You will join an experienced and established global trading desk within our international company, with access to physical assets and an extensive client base. Based in Singapore along with the local Sales team, you will become part of a truly global workplace that services its clients and physical asset base by trading oil products, biofuels, carbon, power and natural gas.
Your responsibilities in this role will include:
- Implementing effective pricing and hedging strategies to optimise client transactions and drive franchise growth.
- Developing and executing profitable trading strategies, carefully managing position size and risk across both proprietary and client deal flows.
- Carrying out daily desk tasks, including marking forward curves, providing market updates and engaging with sales colleagues.
- Sharing market intelligence and tactical approaches, contributing to the collective knowledge and strategic direction of the trading team.
- Assisting in risk management of global trading books that include oil & gas and biofuels during Asian hours.
About You
We are looking for a person who is structured and proactive in their daily work. They should possess a proven understanding of risk and enjoy being part of a diverse sales and trading team. Additionally, they should have:
- 3-5 years' experience trading commodity derivatives, with a P&L responsibility, at a Bank/Financial institution or physical trading house.
- A sound understanding of oil and oil products, with knowledge of biofuels and transition fuels being an advantage.
- A disciplined approach to taking risk.
- An excellent understanding of trading systems, exchange rules and OTC markets.
- A thorough understanding of financial derivatives' risks, regulations, and product-specific trading rules.
- The ability to work independently.
What We Offer
We provide a competitive salary package, estimated to be around $80,000 - $120,000 per annum, depending on experience and qualifications.
We encourage you to apply if you meet the requirements and are interested in this challenging role. Please note that we welcome applications from candidates with a variety of backgrounds and experiences.
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