Job Description

Glencore Singapore Pte Ltd is a wholly owned subsidiary of Glencore Plc. and engages in commodity trading, the Singapore office employs approximately 220 staff working from a single site.We are seeking a self-motivated, commercially oriented and driven individual who can demonstrate a sound understanding of fundamental analysis, commercial acumen, risk assessment and management in the context of a commodities trading environment. Strong written and verbal communication skills are a must. Candidates should also be data oriented and have an aptitude for numbers.This role would suit a well-rounded analytics professional with strong quantitative and statistical skills together with previous industry experience. This demanding role is deeply involved in the day-to-day trading activities of the oil desk.

KEY RESPONSIBILITIES

Reporting to the Head of Risk for the Oil Division in Singapore. Duties and Responsibilities include:
To work closely with the traders and operators to ensure accurate and timely entry and maintenance of physical and derivatives trades in the reporting systems. Daily P&L production and reporting. Month end, quarter end, and year-end closing of the books, Day to day activities including posting month-end journal entries, clearing open items, preparation of account analysis and reconciliations. Review of trial balance reports. To assess accuracy and aptness of marks-to-market and monitor and report positions and profit-and-loss, providing commentary where necessary. To monitor pricing exposure and ensure that hedging is executed in line with the trading team's requirements and company policy. Contribute professional judgment on financial matters, and on ways of improving the controls and processes. Functional managerial duties for small team including graduates. Other duties and responsibilities as the Company may see fit.

KEY COMPETENCIES / SKILL SETS

Highly numerate, with good problem-solving and analytical skills Highly motivated, analytical, control-focused, diligent and organised individuals, who exhibits strong integrity, work ethics and ability to perform under pressure

EDUCATION AND EXPERIENCE REQUIREMENTS

Educated to Degree/Masters

COMPENSATION

Salary will commensurate with qualifications & experience.We regret to inform that only shortlisted candidates will be notified.

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.


Note: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We'll seek your explicit consent prior to processing the data.*