Risk Manager

BCP TRADING PTE. LTD.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading trading company based in Singapore is seeking a qualified professional for a key role in trading operations. Responsibilities include trade capture, validation, and daily interactions with operations on logistics and costs. Candidates should possess a Bachelor's degree and have over 5 years of experience in the oil and gas sector. Strong leadership and analytical skills, along with excellent communication abilities, are essential for success in this dynamic trading environment.

Qualifications

• 5+ years of experience in oil and gas, ideally within a trading or commodities environment.
• Solid understanding of both physical and derivatives trading, with risk frameworks and hedging strategies.
• Strong leadership skills with experience supervising or mentoring a team.

Responsibilities

• Trade capture, validation, and reconciliation of physical oil and paper trades.
• Daily interaction with Operations on logistics, quality, and cost-related matters.
• Execute and manage hedging programs on behalf of traders.

Skills

Analytical skills

Leadership

Communication

Stakeholder management

Numerical proficiency

Education

Bachelor’s degree in Finance, Economics, Business, or related discipline

Tools

Excel

Risk systems

Job description

Responsibilities

• Trade capture, validation, and reconciliation of physical oil and paper trades (Futures, Swaps, Options).
• Track physical trade movements, cargo notifications, and update trade status accurately in trading systems.
• Daily interaction with Operations on logistics, quality, and cost-related matters impacting trades.
• Execute and manage hedging programs on behalf of traders, coordinating with internal and external brokers.
• Provide ad-hoc trader support including market analysis, spreads, price movements, cargo flows, and P&L investigations.
• Daily Profit & Loss calculation, validation, and investigation against market movements, costs, and revenues.
• Prepare daily and monthly P&L and working capital movement analysis with clear explanatory commentary.
• Capture and accrue secondary costs and revenues, including regular review of accrual accuracy and completeness.
• Liaise with Financial Control on accounting treatment, trade and cost capture, in line with internal policies.
• Monitor and report daily position and exposure, highlighting concentration risks and hedging requirements.
• Review global position and VaR reports to ensure desk exposures are accurately reflected in divisional risk reporting.
• Oversee portfolio market risk through regular risk reporting, strategy-level analysis, risk limit monitoring, and proactive identification of concentration and emerging risk.
• Ensure compliance with internal risk frameworks, policies, and regulatory requirements.
• Conduct credit assessments for new and existing counterparties, including financial statement reviews and credit limit recommendations.
• Monitor adherence to approved credit limits and risk frameworks, proposing enhancements where appropriate.
• Prepare and present credit exposure reports to management and relevant stakeholders.
• Support the operation, enhancement, and continuous improvement of trading platforms (e.g., CTRM).
• Prepare and present P&L, risk, and credit exposure reports to management.
• Ensure all activities are executed in accordance with internal controls, governance standards, and regulatory obligations.

Requirements

• A Bachelor’s degree in Finance, Economics, Business, or related discipline.
• At least 5 years of experience in oil and gas, ideally within a trading or commodities environment.
• Solid understanding of both physical and derivatives trading, with experience in risk frameworks and hedging strategies.
• Strong leadership skills, with experience supervising or mentoring a team.
• High proficiency in analytical tools and Excel; knowledge of risk systems is a plus.
• Excellent communication and stakeholder management skills.
• Strong analytical thinking and numerical proficiency.