Junior Trading Analyst

HARTREE PARTNERS SINGAPORE PTE. LIMITED; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Hartree Partners Singapore Pte. Limited seeks a Junior Trading Analyst to support our Japan Gas and Power trading desk, a hands-on role for building a career in physical and financial power/gas trading with senior traders.

Responsibilities include monitoring risk and P&L, maintaining curves, reconciling trades, and assisting with market analysis and scenario work. Requires Python/SQL proficiency and business-level Japanese; 0–2 years in trading or markets-adjacent roles.

Qualifications

• Master's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
• 0–2 years of experience in trading, risk, or markets-adjacent roles.
• Strong Python, SQL skills and ability to build quantitative tools.
• Knowledge of derivatives and willingness to learn Japan-specific market structures.
• High attention to detail and excellent cross-team communication.
• Business-level Japanese required to work with Japanese stakeholders.

Responsibilities

• Position & risk monitoring: Track daily P&L, VaR, delta, and drawdown limits across the desk's books.
• Market data & curve maintenance: Maintain and mark forward curves live pricing tool for Power financial derivatives, JCC, JKM, TTF, and TFU references.
• Trade support: Book and reconcile trades; ensure accurate entry of counterparty, volume, tenor, and pricing formula details.
• Auction preparation: Support participation in auction or ad-hoc tenders — running simulation trades, tracking allocation results, monitoring settlement timing and reconciliation of PnL and risk measures.
• Reporting: Prepare daily/weekly risk and P&L reports.
• Analysis: Assist senior traders in analyzing location spreads, time spreads, spark spreads, and cross-market arbitrage opportunities. Input and maintaining fundamental financial models, simulation models, and data algorithms.
• Ad hoc analysis: Support senior traders with scenario analysis, hedge ratio calculations, and margin/lock-in economics for structured deals.

Skills

Python

SQL

Communication

Attention to detail

Japanese

Education

Master's degree (Finance, Economics, Engineering, Mathematics, or related quantitative field)

Job description

About the role

We are looking for a Junior Trading Analyst to support our Japan Gas and Power trading desk. This is a hands‑on role for someone who wants to build a career in physical and financial power/gas trading, working closely with senior traders across multiple linked cross commodity strategies.

Key Responsibilities

• Position & risk monitoring: Track daily P&L, VaR, delta, and drawdown limits across the desk's books;
• Market data & curve maintenance: Maintain and mark forward curves live pricing tool for Power financial derivatives, JCC, JKM, TTF, and TFU references.
• Trade support: Book and reconcile trades; ensure accurate entry of counterparty, volume, tenor, and pricing formula details.
• Auction preparation: Support participation in auction or ad-hoc tenders — running simulation trades, tracking allocation results, monitoring settlement timing and reconciliation of PnL and risk measures.
• Reporting: Prepare daily/weekly risk and P&L reports.
• Analysis: Assist senior traders in analyzing location spreads, time spreads, spark spreads, and cross-market arbitrage opportunities. Input and maintaining fundamental financial models, simulation models, and data algorithms. Coordinate with global analytics team on model update and information sharing.
• Ad hoc analysis: Support senior traders with scenario analysis, hedge ratio calculations, and margin/lock-in economics for structured deals.

Requirements

• Master degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
• 0–2 years of experience in trading, risk, or markets‑adjacent roles (internships count); prior exposure to energy/commodities markets is a plus but not required.
• Strong Python, SQL skills; comfortable with building quantitative data analytical tools, advanced user of programming language.
• Basic understanding of derivatives (swaps, futures, spreads) and willingness to learn Japan-specific market structures
• High attention to detail — this desk deals with multiple pricing conventions, lag structures, and settlement timings where small errors compound.
• Strong communication skills; comfortable working across trading, risk, and operations teams in a fast‑paced environment.
• Japanese language proficiency (business level) is required as this role needs to work closely with Japanese stakeholders and use Japanese systems for daily work