Total 2 job vacancies by Cathay Petroleum International Pte. Ltd.

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.

POSITION: ANALYST

LOCATION: SINGAPORE

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 payment terms for ISDA Master Agreements and CSAs with counterparties.

• Any other duties as assigned by the Company.

QALIFICATIONS & KEY COMPETENCIES/ SKILL SETS

• Bachelor’s degree in finance, accounting, mathematics, statistics, or a related field.

• Minimum 1 year of relevant experience, with a preference for candidates who have worked in the Oil & Gas trading industry.

• Comprehensive understanding of financial markets, physical commodities, and derivatives markets.

• Proficiency in MS Excel, VBA, and Power BI, or similar data visualization software.

• Capacity to critically evaluate models and methodologies.

• Prior experience with Energy Trading and Risk Management (ETRM) systems is a plus.

• Exceptional communication and interpersonal abilities.

• Strong team player with a meticulous approach to work.

COMPENSATION

Salary will commensurate with qualifications & experience. Please submit your resume to: recruit@cathaypetroleum.com.sg

We regret to inform that only shortlisted candidates will be notified.

Cathay Petroleum Internationalwas 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.

POSITION: ANALYST

LOCATION: SINGAPORE

KEY RESPONSIBILITIES

· Conduct in-depth analysis of global oil markets, focusing on derivative products such as futures, options, and swaps.

· Monitor and analyze market trends, geopolitical events, supply and demand factors, and macroeconomic indicators affecting oil prices.

· Provide daily, weekly, and monthly market reports to the trading team, highlighting key insights and potential trading opportunities.

· Develop and maintain quantitative models to forecast oil prices and volatility.

· Utilize statistical tools and financial models to evaluate the pricing of derivative instruments.

· Collaborate with the risk management team to model the impact of various market scenarios on the portfolio.

· Work closely with traders to identify and assess trading opportunities based on market analysis.

· Assist in the execution of trades by providing real-time data and analytical support.

· Monitor open positions and provide recommendations for managing risk and optimizing returns.

· Identify and assess the risks associated with oil derivative positions.

· Develop and implement strategies to mitigate potential risks.

· Ensure compliance with regulatory requirements and company policies related to derivatives trading.

· Collaborate with cross-functional teams, including risk management, compliance, and research.

· Prepare and present detailed reports and presentations to senior management.

· Participate in regular strategy meetings to discuss market developments and trading strategies.

· Any other duties as assigned by the Company.

QALIFICATIONS & KEY COMPETENCIES/ SKILL SETS

· Bachelor’s degree in Finance, Economics, Business, or a related field.

· Minimum 5 years of experience, preferably within an Oil trading environment.

· Strong understanding of financial markets and trading principles.

· Excellent analytical and problem-solving skills.

· Ability to work effectively under pressure and meet tight deadlines.

· Strong communication and interpersonal skills.

· Detail-oriented with a high degree of accuracy.

· Self-driven. Able to work independently.

COMPENSATION

Salary will commensurate with qualifications & experience. Please submit your resume to: recruit@cathaypetroleum.com.sg

We regret to inform that only shortlisted candidates will be notified.