Market Risk Analyst

PERTAMINA INTERNATIONAL MARKETING AND DISTRIBUTION PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading company in Singapore is seeking a Risk Management Analyst to analyze financial risks related to market activities. The role involves collaboration with internal teams to ensure accurate reporting and effective risk mitigation strategies. Candidates should possess a relevant degree and experience in risk management.

Qualifications

• Experience in Governance, Risk, and Control, preferably in Risk Management.

Responsibilities

• Evaluate market risks including commodity price fluctuations and FX movements.
• Review daily profit and loss reports for accuracy.
• Develop risk mitigation strategies with traders and finance teams.

Skills

Risk Analysis

Financial Reporting

Market Risk Management

Education

Bachelor's or Master's degree in Engineering

Bachelor's or Master's degree in Finance

Bachelor's or Master's degree in Management

Bachelor's or Master's degree in Banking

Bachelor's or Master's degree in Economics

Job description

Responsible for analyzing and controlling the financial risks related to market activities, specifically focusing on pricing, trading, and hedging strategies. The role involves working closely with internal teams to ensure accurate reporting and risk mitigation while supporting the overall strategic goals of Pertamina International Marketing & Distribution Pte. Ltd (PIMD).

Responsibilities:

1. Regularly evaluate the company’s exposure to market risks, including commodity price fluctuations, interest rates, and FX movements, using advanced risk analysis tools and techniques.
2. Review and analyze daily profit and loss (P&L) reports, ensuring variances are explained and financial reporting is accurate and timely. Collaborate with the finance team to address discrepancies.
3. Collaborate with traders, finance, and treasury teams to develop and implement effective risk mitigation strategies tailored to market activities and trading exposures.
4. Oversee the valuation of financial products, ensuring accurate pricing and adjustments (e.g., fair value and mark-to-market). Resolve pricing discrepancies in coordination with relevant departments.
5. Produce regular market risk reports, including stress tests, scenario analyses, and risk exposure summaries. Present insights and recommendations to senior management.
6. Maintain and update risk management processes to ensure compliance with internal policies and external regulations. Coordinate with external auditors and regulatory bodies for audits.
7. Continuously monitor the market environment to identify emerging risks, such as geopolitical developments, regulatory changes, or technological advancements.

Education and Experience:

• Bachelor's or Master's degree in Engineering, Finance, Management, Banking, or Economics
• Work experience in Governance, Risk, and Control, preferably in Risk Management