Risk Manager

Axpo Holding AG; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Sinochem International Oil (Singapore) Pte Ltd, a leading international energy trading company, is seeking a Risk Manager to strengthen market risk management and risk capital allocation across traders. You will mark-to-market daily, monitor loss and position limits, and provide timely warnings to prevent breaches, while supporting derivatives hedging and counterparty risk analysis.

The role requires a Master’s degree and at least five years in risk analysis, operation, or physical trading with

Qualifications

• Master degree preferable.
• At least five years of professional experience in risk analysis, operation or physical trading.
• Fluent English; Chinese language proficiency for HQ reporting.

Responsibilities

• Support Market risk management and risk capital allocation.
• Allocate risk capital to each trader based on KPI and historical performance.
• Mark-to-market all trades daily and monitor loss/position limits.
• Provide warnings to prevent breaches and support hedging of derivatives.
• Support credit risk analysis and management with counterparties.

Skills

Market risk management

Risk analysis

English communication

Chinese language

Education

Master's degree

Tools

ETRM system

RamRisk

MDM system

Job description

# Risk ManagerExternal listingSINOCHEM INTERNATIONAL OIL (SINGAPORE) PTE LTDSingapore•ONSITE•PERM•SENIOR•RISK## ETRM Role Details**Commodity Focus:** Power, Oil## Job DescriptionJob TitleRisk ManagerJob Description* Support Market risk management and risk capital allocation* Allocate risk capital to each trader basing on their KPI, historical performance, and trading products. Mark-to-market all of the trades every day, and monitor whether a trader’s portfolio reaches loss/position limit or not. Provide different level of warnings according to the loss level to make sure the limit is not breached.* Support derivatives trading to hedge, including cracks, spread flat price in Singapore OTC market, and futures in exchanges such as ICE and DME. Using hedging instruments such as forwards, futures, swaps, options, etc.* Support Credit risk analysis and management* Use given credit limits to manage and control counterparty risk, work together with risk managers in head office closely to set the credit limits.* Obtains and renews the key information of the counterparts annually and provides the information to the head office. Monitor the credit limit utilization every day, and asks the counterparts for collaterals when the limit is breached.* Interdepartmental and International Interactions* Within the scope of responsibilities, directly receive and implement the instructions of the overseas headquarter, and provide market intelligence report to the Beijing head office regularly; directly communicate and cooperate with the front, middle and back offices of the company and of other companies in the group.* Respond to local or overseas regulatory bodies on the relevant business within the scope of responsibility when required; directly communicate with domestic and foreign customers, counterparts and consulting companies.Job Requirements* Master degree is preferable.* At least five years of professional experience as risk analyst, operation or physical trader in international trading company, with at least one year of experience in market risk management of physical commodities or related derivatives.* Ability to communicate in fluent English to communicate with colleague and clients well.* Ability to speak and write in Chinese is required to communicate with Chinese speaking associates and clients, and to report to headquarter managements in China.* Thorough and detailed understanding of the conditions related to international trade sanctions, in particular, US and EU sanctions on specific oil-producing countries, banks, oil companies, and shippers .* Hands-on experience in handling tools of risk management, including Energy trading risk management (ETRM) system, RamRisk tool and Master data management (MDM) system.Sinochem International Oil (Singapore) Pte Ltd is a leading international energy trading company based in Singapore, with a strong presence across global oil markets.We specialise in crude oil and petroleum products trading, connecting global resources, markets and customers through our international trading network.As part of Sinochem Group, we are committed to excellence, integrity and long-term growth in the global energy industry.