Senior Commercial Risk Analyst
5 days ago
**Major Responsibilities**:
1. Price risk management for crude/feedstock, petroleum products, petrochemicalproducts of PTTGC
- Prepare and privide hedging strategy and explore/monitor opportunities and propose to Value Chain Management Committee (VMC) to minimize price risk and achieve business plan/company’s target performance.
- Prepare and privide deep market and price trend analysis by fundamental (such as demand/supply balance, planned and unplanned shutdown, trade flow, seasonality and related statistic information) & technical view (such as Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Fibonacci Ratios, Trend Lines including forward price analysis) to be the data support for management decision making on hedging and/or others.
- Operate and check all trade processes (contract management and settlement) including full confirmation, approval process to sign contract and settlement including liaising between finance team and counterparties.
- Prepare, propose and report hedging progress/results to related committee such as Value Chain Management Committee (VCM), Enterprise Risk Management Committee (ERMC) monthly, Risk Management Committee (RMC) to comply with risk management policy on weekly, monthly and quarterly.
- Liaison with Bank of Thailand through Commercial Bank to get approval commodity hedging and quarterly report to comply with money transfer monitoring control and regulation.
- Manage International Swaps and Derivatives Association Schedule (ISDA Schedule) negotiation with new counterparties (banks and traders) to strengthen hedging capability and product portfolio.
2. Develop ISDA negotiation process (commodity part) with counter parties (Banks and Traders) to strengthen company hedging capability and portfolio.
- Assess and propare data information on Know Your Customer or KYC process, the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship which governed by bank regulations and anti-money laundering regulations, to assess all relevant information for counterparties evaluation. Manage and control informationexchange such as Memorandum of Association, Regiatration certificate of the company and Pertnership, Legal Entity Identifier (LEI), Company’s financial statement etc.including cooperate with lawyer to review Non-Disclosure Agreement (NDA).
- Provide/analze all related issues and implications for negotiate term and condition with new counterparties to develop mutual ISDA Schedule
- Prepare final draft contract and related document to get approval to sign
3. Develop hedging service to PTTGC’s subsidiaries through shared service agreement or other contracts by using PTTGC’s strength and competitiveness on knowledge and counterparties portfolio to manage or minimize price risk.
- Knowledge sharing on hedging concept, tools and strategy
- Prepare all work processes to get approval from internal and external parties for hedging process such as Subsidiary’s board committee, VCM, Bank of Thailand (BOT) etc.
- Provide risk management solution when get reguirement from subsidiaries.
- Operate/check contract management and settlement
4. MCS risk coordinator
- Initiate and Liaison internal related parties within MCS to develop MCS riskmanagement profile, Key Risk Indicators (KRI) and mitigation plans including monthly monitoring and report to Enterprise Risk Management Committee (ERMC) andRisk Management Committee (RMC)
- Develop intensive mitigation
**Qualifications**
- Bachelor's degree or higher in Chemical Engineering, Business Administration, or Economics. MBA is preferable
- At least 5 years of total experience. Or 2-4 years of experience in Petroleum and/or Petrochemical business
- Background in research, management consulting or strategic consulting especially in the energy field will be beneficial
- Possess strong English command, be extremely logical, and possess strong analytical skills
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