Price Risk Manager

Integra; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Integra Petrochemicals Pte Ltd based in Singapore seeks a Price Risk Manager to lead the price risk management function, provide daily analysis of positions, and coordinate with traders and the CFO. You will monitor exposures, assess MTM, VaR, hedging effectiveness, and report risk metrics with accuracy.

The role requires strong Excel skills, experience in CTRM/ETRM systems, and the ability to develop robust risk controls while ensuring compliance with trading mandates.

Qualifications

• Minimum 5 years of relevant experience in commodity trading or risk function.
• Team leadership experience is a plus.
• Strong knowledge of commodity price risk, MTM, VaR, hedging and P&L attribution.
• Experience with CTRM/ETRM systems and reporting tools.
• Excellent Excel and analytical skills.

Responsibilities

• Lead the Price Risk Management function and provide independent daily analysis of trading positions, market exposures and P&L movements.
• Report to the CFO and provide objective analysis of trader, book and portfolio performance, including realized and unrealized P&L, price movements and drivers of variances.
• Monitor and challenge open physical and derivative positions, hedging effectiveness and risk limits.
• Calculate and report risk measures including MTM, VaR, stress scenarios and sensitivity analyses; escalate breaches.
• Review market prices, forward curves and valuation inputs used for reporting; investigate discrepancies.
• Reconcile trading position reports with Group Accountant for month-end financial reporting.
• Review and maintain price risk and trading risk policies, limits and escalation procedures.
• Ensure data accuracy of trade capture and risk reporting; support system improvements and dashboards.
• Lead and develop the risk management team with independence from front-office decisions.

Skills

Leadership

Analytical thinking

English proficiency

Tools

CTRM/ETRM systems

Excel

Reporting tools

Job description

Integra is a leading petrochemical trading group with a unique combination of global reach, fast and effective communication, technical skills, market knowledge and an absolute commitment to customer and supplier partnerships. See more at: www.integra-global.com

Integra Petrochemicals Pte Ltd, based in Singapore, is looking to hire a Price Risk Manager

Responsibilities:

• Lead the Price Risk Management function and provide independent daily analysis of commodity trading positions, market exposures and P&L movements in coordination with traders and the CFO.
• Report to the CFO and provide objective analysis of trader, book and portfolio performance, including realized and unrealized P&L, price movements and drivers of variances.
• Monitor and challenge open physical and derivative positions, hedging effectiveness, basis risk, concentration, tenor exposures and compliance with approved trading mandates and position limits.
• Calculate, monitor and report risk measures including mark-to-market (MTM), Value at Risk (VaR), stress scenarios and sensitivity analyses; promptly elevate breaches and emerging market risks.
• Independently review market prices, forward curves and valuation inputs used for position and P&L reporting, investigating material discrepancies with the trading and finance teams.
• Work with the Group Accountant to reconcile trading position reports, P&L and relevant balance sheet balances at month-end, supporting accurate valuation and financial reporting.
• Review and maintain price risk, liquidity and trading risk policies, limits, controls and escalation procedures, and support risk committee or management reporting as required.
• Ensure the completeness and accuracy of trade capture, position data and risk reporting; drive improvements in risk systems, automation and reporting dashboards.
• Lead and develop the risk management team, maintaining appropriate independence from front-office trading decisions while working constructively with Trading, Operations, Trade Finance and Finance.

Your profile:

• Minimum 5 years of relevant experience in commodity trading (preferably energy and/or petrochemicals) or a bank/commodity trading middle-office or market risk function.
• Team leadership experience is a plus with the ability to build a disciplined and independent risk control function.
• Strong knowledge of commodity price risk, physical and derivative trading, MTM valuation, VaR, stress testing, hedging and P&L attribution; professional risk certification is an advantage.
• Understanding of trading lifecycle, position reconciliation, financial reporting interfaces and liquidity implications of market movements.
• Excellent Microsoft Excel and analytical skills; practical experience with commodity trading and risk management (CTRM/ETRM) systems and reporting tools is preferred.
• Precise, meticulous, commercially aware and able to challenge trading positions constructively while exercising sound independent judgement.
• Well-organized and resilient under pressure.
• Effective team leader and collaborative communicator, with excellent spoken and written English (the Group’s working language).

Only shortlisted candidates will be notified.