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Phillips 66 Risk Analyst in Singapore, Singapore

Risk Analyst


Position details:

The Risk Analyst will be responsible for the daily reporting of exposure, profit/loss and analysis of the risk residing within the trading portfolio. The analyst will be expected to work closely with the trading teams to understand their portfolio, plans and strategies and will provide analytical support as required. The Risk Analyst is also responsible for development of the Risk reporting systems and associated business processes to align practices in Asia with the global risk reporting models and risk assessment philosophies. Assisting the function with change management will also be expected.

Primary Function/Responsibilities:

  • Support the Singapore renewable feedstocks and fuels initiatives

  • Develop a strong understanding of the various information systems in use and participate in the development and implementation of new systems and reporting processes.

  • Evaluate portfolios for understanding of profit/loss and exposure drivers.

  • Ensure that business unit activities are appropriately recorded in systems of record and accurately consolidated into local and global reports.

  • Build strong relationships with the trading and operational staff and develop the role into a recognized advisory resource for the business.

  • Enhance risk monitoring/evaluation tools for the physical business.

  • Provide support for enhancing SAP and Risk Reporting Tools to enable more efficient processes.

  • Drive process change and global reporting alignment initiatives into the current business model and work process.

  • Ensure timely and accurate reporting of total daily profit/loss and exposure from the relevant system of record.

  • Produce routine reports, ad-hoc reports and advise management on risk profiles/risk related matters.

  • Liaise closely with traders, schedulers and finance to ensure smooth transition of information across front, mid and back office.

  • Ensure accurate base data in systems of record to ensure accurate generation of daily exposure, P&L and VaR including prices and volumes of trade.

  • Work with Senior Risk Analyst and support SAP and Risk Reporting Tools enhancements.

Basic/Required Qualifications:

  • Degree in Business or Finance related disciplines

  • Knowledge and experience of commodity trading in Asian markets (both physicals and derivatives) is required.

  • Prior experience working within a Risk Management group in a commodity trading environment is preferred.

  • Strong mathematical skills particularly in terms of analysis of complex data to be able to draw clear and accurate solutions.

  • Ability to perform under tight deadlines in a very fast-paced trading environment and cover for other team members when required.

  • Results oriented and able to multitask with high level of attention to detail and accuracy.

  • Strong interpersonal and communication skills and an ability to build and maintain positive stakeholder relationship.

  • Excellent spreadsheet capability in MS Excel and competencies in SQL, VBA and Python would be of an advantage.

  • Knowledge of SAP would be advantageous, although on the job training will be provided.

Only shortlisted candidates will be notified

Job Ref: 140254