Assistant Vice President Energy Trading

MITSUI BUSSAN COMMODITIES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

MITSUI BUSSAN COMMODITIES (SINGAPORE) PTE. LTD. is seeking a talented energy trading analyst to support senior traders, manage pre- and post-trade processes, and assist with pricing models and trading strategies. You will interact with Sales, Operations and Risk teams and contribute to the growth of the business.

The role involves developing market-making ideas, executing trades, and monitoring P&L while adhering to regulations and internal policies in a fast-paced environment.

Qualifications

• High level of competency in mathematics, statistics, probability, and risk management.
• Advanced finance qualifications (CFA, MSc) desirable.
• Strong Excel and VBA; Python knowledge desirable.
• Experience in commodity trading and multiple energy products desirable.
• Excellent numeracy, analytics and communication skills.
• Ability to learn quickly in a fast-paced, high-pressure environment.
• Detail oriented, organized, diligent, rigorous.

Responsibilities

• Work with senior traders and liaise closely with sales teams and inter-dealer brokers.
• Assist the Trading team in all aspects of the job, across various trading books and products as required.
• Assist with trade executions, futures and Over The Counter products.
• Initiate and execute transactions on behalf of MBCL through approved channels; understand algorithmic functionality.
• Perform start-of-day and end-of-day controls to ensure risk is correctly represented for Front Office.
• Ensure all trades are accurately and promptly entered into the Trading System.
• Understand P&L and positions; monitor market exposure.
• Ensure trading complies with relevant regulations and company policies.
• Promptly escalate issues to management.
• Determine market sentiment via research, valuation and data analysis.
• Understand and develop market-making strategies; identify trading opportunities.
• Other relevant duties as assigned.

Skills

Mathematics

Statistics

Probability

Engineering

Risk management

Python

Excel

VBA

CFA

MSc

Financial derivatives

Commodity trading

Energy products

Education

CFA or MSc (Finance)

Tools

Excel

VBA

Python

Job description

RoleScope;

As a member of Energy Trading Team, the candidate is to provide support for the senior energy traders and trade energy-related products within the mandate set by the Head of Trading. This will require significant involvement in the pre- and post-trade processes, including trade bookings, monitoring positions and P&L (profit-and-loss) checks. The candidate will interact with external entities and internally with the Sales, Operations and Risk teams. In addition to the day to day business, the candidate will also be heavily involved in project work, helping to formulate ideas, developing new trading strategies, developing pricing models and contributing to the continual growth of the business.

MainDuties & Responsibilities;

• Work with senior traders and liaise closely with sales teams and inter-dealer brokers
• Assist the Trading team in all aspects of the job, across various trading books and products as required
• Assist with trade executions, futures and Over The Counter products
• Initiate and execute transactions on behalf of MBCL through various approved channels. This potentially includes the use of algorithmic functionality, so the employee is to ensure an understanding of how such algorithmic functionality operates and that it is employed in an appropriate manner at all times
• Perform core start-of-day and end-of-day controls to ensure risk is correctly represented for Front Office
• Ensure all trades are accurately and promptly entered into the Trading System
• Understand P&L and positions
• Ensure all trading is undertaken in accordance with the requirements of all relevant
• regulations and company policies and procedures
• Ensure prompt escalation of issues to management
• Determine market sentiment via research, valuation and data analysis
• Understand and develop market-making strategies, assist in identifying and executing trading opportunities
• Other relevant duties as assigned

2. SKILLS

• High level of competency in mathematics, statistics, probability, engineering, risk management or relevant subjects, demonstrable by academic achievement or equivalent experience
• Advanced qualification in finance (e.g., CFA, MSc) would be desirable
• Strong working knowledge of Excel and VBA; Strong Python knowledge desirable
• Other statistical programming knowledge will be a plus
• Excellent numeracy, analytics, combined with strong communication skills
• Advanced aptitude for problem solving and multitasking
• Solid understanding of financial derivatives and instruments
• Experience within a commodity trading environment
• Experience across multiple energy products (such as Oil, Gas & Power) desirable
• Strong interest in trading
• Be able to learn quickly in a fast-paced and high-pressure environment
• Detail oriented, organized, diligent, rigorous
• Strong understanding of math, probability, and statistics