•Risk identification: model & portfolio assumptions and market inputs, pricing issues, valuation parameters, and instrument types
•Foster the significant relationship with the product control team, linking the market risk component of this role to the product control function performed within the finance operations center
•Assist in limit setting & monitoring
•Support the review of trading activities and maintain accuracy of price curves
•Develop tools for on-going portfolio reviews and produce "deep dive" analysis for senior management
•Drive understanding of the design and utilization of methodologies to assess risk/reward of the portfolio, including VaR back-testing / Stress Testing / Scenario Analysis / pricing for liquidity
•Collaborate with IT and other staff to identify, develop and implement systems efficiencies and reporting capabilities for risk books
•Manage user testing of systems functionality and enhancements while providing feedback to key stakeholders
•This role will provide risk management expertise in complex areas and should be able to manage their own work with limited supervisionCompany Description
Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation.Requirements
- Degree in mathematics, economics, engineering, business/commerce or a related field
- Energy industry experience of 5 to 8 years preferred, with background in derivatives trading or physical crude/products
- Understanding of energy, freight & derivative markets and market Risk Management fundamentals
- Knowledge of Value at Risk measure
- Understanding of Fair Value and Derivative recognition concepts
- Ability to multi-task with a high level of attention to detail and accuracy
- Experience using Risk Management systems highly advantageous
- Strong interpersonal and communication skills and an ability to build and maintain positive stakeholder relationships
- Self motivated individual who functions well in a team environment
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