Finance Manager (Ship Management)

Focal Search Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A prominent financial services firm is seeking a Finance Manager to oversee the FFA portfolio, hedge against market risks, and optimize trading strategies. You will monitor market trends, manage derivative positions, and collaborate with senior management to ensure sustainable growth and profitability. Strong analytical skills and expertise in trade execution are essential, as well as proficiency in data analysis tools like Power BI. This role offers a dynamic and impactful position in Singapore.

Qualifications

• Proven experience in finance management and risk assessment.
• Strong analytical skills to navigate market fluctuations.
• Expertise in executing financial trades and managing portfolios.

Responsibilities

• Oversee and optimize the FFA portfolio to hedge against risk.
• Monitor market trends and adjust FFA contracts strategically.
• Manage derivative positions to comply with hedge policies.

Skills

Risk management

Market analysis

Trade execution

Data-driven decision making

Power BI

Job description

About the job Finance Manager (Ship Management)

• Effectively oversee and optimize the FFA portfolio to hedge against fluctuations in freight rates and minimize risk
• Continuously monitor market trends and the performance of existing FFA contracts, making adjustments as needed. Formulate and execute FFA strategies in line with the company's risk management objectives.
• Execute FFA trades, encompassing both long and short positions, in accordance with established strategies.
• Analyze the company's exposure to market risk, including vessel charter rates and bunker prices.
• Effectively manage derivative positions to mitigate risk. Ensure compliance with hedge policies, review policies, and oversee their implementation.
• Evaluate potential trade counterparties and establish partnerships with favorable terms.
• Manage margins and distribute trades across counterparties.
• Contribute insights to the Long Term Business plan, offering perspectives on potential risks and opportunities related to market conditions.
• Collaborate with senior management to develop strategies for sustainable growth and profitability.
• Conduct variance analysis to provide data-driven recommendations for portfolio adjustments, utilizing tools such as Power BI