At a Glance
- Tasks: Implement financial models and analyse data to manage risks effectively.
- Company: Global energy trading company with a strong reputation and growth.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Other info: Work in a vibrant office in Singapore with excellent career advancement opportunities.
- Why this job: Join a leading firm in the energy sector and make a real impact on risk management.
- Qualifications: Strong analytical skills and experience with financial modelling.
The predicted salary is between 60000 - 80000 £ per year.
Cathay Petroleum International was established in 2003 as an independent physical trading business. For almost 20 years, we have been sourcing crude oil from all over the world and delivering cargoes to satisfied consumers and customers whenever and wherever they need them. Today, we are a global energy and commodities group that trades millions of barrels of oil a week. Every day, our experienced team works together to add value to the international commodities market. Our strong capital position and robust network of relationships has enabled us to grow from strength to strength and retain a record of profitability. Our head office is situated in Singapore, the centre of the world’s busiest energy routes, allowing us to easily manage the flow of energy from West to East. In 2021, Cathay was proud to expand our growing organisation by opening a new trading office in London, allowing our traders to work more efficiently covering all trading hours.
KEY RESPONSIBILITIES
- Implementation of financial models, particularly VaR and Stress Test models, to bolster our risk management capabilities.
- Conduct in-depth analysis of large datasets to pinpoint risks and develop effective mitigation strategies.
- Compute and report Daily Profit & Loss (P&L), Exposure, and VaR, ensuring compliance with risk management policies.
- Provide clear explanations on P&L movements breakdown to stakeholders.
- Reconcile trades to verify accuracy in trading records and statements/recaps.
- Conduct monthly reconciliation of realized profit & loss, collaborating with other departments as necessary.
- Communicate risk metrics to trading teams, offering insights and recommendations for risk mitigation.
- Support risk management system and projects, contributing to tool development and process enhancement.
- Evaluate the creditworthiness of counterparties by examining their financial standings, business histories, credit ratings, and external factors.
- Examine, draft, and negotiate credit, collateral, and related agreements.
ANALYST (RISK) in Penarth employer: CATHAY PETROLEUM INTERNATIONAL PTE. LTD.
Cathay Petroleum International is an exceptional employer, offering a dynamic work environment in the heart of Singapore's bustling energy sector. With a strong focus on employee growth and development, we provide opportunities for our analysts to engage in meaningful projects that enhance their skills while contributing to our global trading success. Our collaborative culture, coupled with competitive benefits and a commitment to innovation, makes us an attractive choice for those seeking a rewarding career in risk analysis.
Contact Details:
CATHAY PETROLEUM INTERNATIONAL PTE. LTD. Recruitment Team
