Head of Market Risk (Soft Oils)

  • Sector: LMA Asia Finance
  • Contact: Siriwan Young
  • Client: LMA
  • Location: Singapore
  • Salary: Up to S$300000.00 per annum
  • Expiry Date: 19 March 2023
  • Job Ref: BBBH414002_1678242226

Head of Market Risk (Soft Oils)

  • Full Time
  • Senior Management
  • 15 years exp
  • Accounting / Auditing / Taxation, Banking and Finance

Roles & Responsibilities


  • Lead and manage all commercial and market risks for the group's palm oil processing, trading and distribution businesses.
  • Strengthen and manage the trading & market risk control interface with the traders and related functions including execution, middle office, and operations; including the risk limits and monitor the actual positions/Var/PL against limits.
  • Oversee the daily reporting of P&L, including business analysis and commentaries on the P&L drivers.
  • Strengthen processes relating to daily P&L preparation to monitor business performance and ensure its accuracy
  • Carry out credit control
  • Coordinating overall Bank Facilities and their utilisation in Palm Business, FX Risk Management and IRS
  • Manage / control the price, forex, credit and counterparty risks through business processes and monitoring mechanism
  • Improve and implement on risk management processes including system implementation and ensure controls are in place for check and balance
  • Be part of the team to implement the CTRM system

Job Requirements:

  • At least 15 years' regional strategic financial management experience from similar or agri/commodities companies
  • Business Partnering skills and a good team player
  • Commercially-oriented with high energy, a 'can-do' attitude and hands-on
  • Possess business acumen and strong commercial sense
  • Experience in managing and developing policies for risk related to price, forex, trading, counter party and credit
  • Driven, sharp, result orientated with strong understanding of business (operations and trading) and key drivers
  • Degree in Accounting and professional accounting qualification. ACCA, CIMA, ICAEW and/or CPA will be an added advantage

Interested applicants please send email your CV in Microsoft Words format to Siriwan.young@lmarecruitment.asia

Company Reg No.: 201131609D | Licence No.: 11C4684 | EA Reg no: R1544539