Risk Analyst / Senior Risk Analyst

GLENCORE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Glencore Singapore Pte Ltd is seeking a self-motivated finance professional to work with traders and operators to ensure accurate entry and maintenance of trades in reporting systems, with daily P&L production and ongoing close processes.

You will assess marks-to-market, monitor positions, and ensure hedging aligns with policy, providing commentary and contributing to process improvements. This role includes small-team leadership responsibilities within the Risk/Oil Division in Singapore.

Qualifications

• Self-motivated and driven to join the team.
• Experience with P&L reporting and month/quarter/year-end closings.
• Ability to review trial balance and monitor marks-to-market.

Responsibilities

• To work closely with traders and operators to ensure accurate and timely entry and maintenance of physical and derivatives trades in the reporting systems.
• Daily P&L production and reporting.
• Month end, quarter end, and year-end closing of the books, day-to-day activities including posting month-end journal entries, clearing open items, preparation of account analysis and reconciliations.
• Review of trial balance reports.
• To assess accuracy and aptness of marks-to-market and monitor and report positions and profit-and-loss, providing commentary where necessary.
• To monitor pricing exposure and ensure that hedging is executed in line with the trading team’s requirements and company policy.
• Contribute professional judgment on financial matters, and on ways of improving the controls and processes.
• Functional managerial duties for small team including graduates.
• Other duties and responsibilities as the Company may see fit.

Job description

Glencore Singapore Pte Ltd is a wholly owned subsidiary of Glencore Plc. and engages in commodity trading, the Singapore office employs approximately 230 staff working from a single site.

We are seeking for someone who is self-motivated and driven to join our team. Reporting to the Head of Risk for the Oil Division in Singapore.

• To work closely with the traders and operators to ensure accurate and timely entry and maintenance of physical and derivatives trades in the reporting systems.
• Daily P&L production and reporting.
• Month end, quarter end, and year-end closing of the books, Day to day activities including posting month-end journal entries, clearing open items, preparation of account analysis and reconciliations.
• Review of trial balance reports.
• To assess accuracy and aptness of marks-to-market and monitor and report positions and profit-and-loss, providing commentary where necessary.
• To monitor pricing exposure and ensure that hedging is executed in line with the trading team’s requirements and company policy.
• Contribute professional judgment on financial matters, and on ways of improving the controls and processes.
• Functional managerial duties for small team including graduates.
• Other duties and responsibilities as the Company may see fit.