Job Offer: finance executive (1 year contract):Randstad
. Friday, 20 November 2020
. commodities trading
. lucas tan, randstad
job descriptionabout the company
my client is one of the largest commodity trading firm in Singapore and has a strong focus in Asia.
about the job
Commodity, Foreign Exchange, Counterparty and Contract Valuation Process Management
» Manage Trading P&L. Work with commercial team to work on reconciliation of accounting
» nos. vs. trading estimates.
» Monitor credit risk assessment of active customers/ suppliers
» Manage position reporting and work on tolerances on shipments
» With limited oversight actively manages customer accounts receivables with a high-risk
» tolerance on an enterprise level.
» Collaborates with credit analyst/ sales team to develop action plans for releasing orders
» from hold.
» Collaborates with senior management and the business team's liaison to identify root causes
» of disputes and propose solutions.
» Ensure compliance, specifically with risk reporting and valuation of open contracts.
» Prepares and manages various reports including exposures reports for forex and commodity,
» and to ensure compliance with audit requirements and internal controls.
» The incumbent will be a strong finance professional who has the requisite financial
» knowledge and business partnering capcapability that will allow him/her to be highly credible in
» making or enabling decisions in this fast-moving business
» With limited oversight, communicates issues appropriately with significant internal and
» external partners.
Ensure efficiency and effectiveness of process mainly in the following areas:
» Trading P&L, Limits setting, Exposure monitoring/ reporting, AR collections, Past due
» monitoring & control and Contract validation & Valuation.
» Prepares and manages various reports used to show account performance including
» exposures, and to ensure compliance with audit requirements and internal controls.
» Create a culture of cooperation and maintain a sound communication between the
» commercial teams.
expertise and practice required
» Minimally 2 years of audit practice
» Good knowledge of FX and Counter Party risk
» Strong knowledge of the Commodity Trading Markets
To apply online please use the 'apply' function, alternatively you may contact Lucas Tan at 9772 0542.
expertiseFinance, Financial Risk Management, PnL Trading
educational requirementsAssociate Degree/Diploma