Risk Intern
- Full time
- Singapore, Singapore, Singapore
- Risk Management
KEY RESPONSIBILITIES
The incumbent will be on various product desk to assist the desk risk management team in the following activities:
- Trade capture & reconciliation of physical and financial trades (Futures, Swaps, Options)
- Generation of desk MTM forward curve reports
- Support on key pricing and market reports for respective oil desks
- Position exposure & PL reporting to traders and senior management
- Liaise with Financial Control team on accounting matters or trade / cost capture in accordance with company guidelines and generally accepted accounting principles
- Tracking of physical trade movements and notifications and update the relevant trades in system
The incumbent may also be involved in other activities such as Quant-focused projects:
- Designing/creation of reports/metrics for trading, analytics as well as risk management purposes
- Visualization, correlation analysis, consolidation of market price data
- Streamlining/Process optimization projects
EDUCATION AND EXPERIENCE REQUIREMENTS
- Candidates undertaking degrees in all STEM as well as business/financial engineering disciplines
- Highly numerate, with good problem-solving and analytical skills and experience in coding is a plus
- Good communication skills
- Whilst working with significant autonomy, the incumbent must be able to work effectively in a team, flexibly handling a wide range of potential issues in tight deadlines
Who we are
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.
Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.
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