Market Risk Manager, Marine, 5-month contract

Dear Applicant,

If you or someone you know isinterested, please send the CV directly to VeronicaE@evolutionjobs.sg (mostpreferred, as I may overlook some CVs due to the high volume).

Please note that visasponsorship is not available at this time.

JD

Market Risk – Manager (5-Month Contract)

• Opportunity to work within a world-class commercial and trading environment
• Exposure to global trading strategies across a market-leading asset portfolio
• Based in Singapore, offering strong visibility and access to senior stakeholders

About the role

As part of an evolving commercial strategy, a trading division has been established to enhance agility and unlock additional value across the asset and contract portfolio through effective market risk management.

Key objectives include:

• Maximizing value from physical flows through optimal product placement
• Optimizing the portfolio to capture additional margin across the value chain
• Partnering with asset teams to determine optimal product mix, volumes, and delivery strategies

Responsibilities

• Own and deliver daily and monthly P&L reporting for marine activities, including freight exposure, FFAs, and bunker-related risks
• Perform variance and driver analysis, articulating market, structural, and positioning impacts clearly
• Lead monthly Marine risk reviews with senior stakeholders, highlighting key risks, outcomes, and forward-looking themes
• Ensure alignment of mark-to-market views across Market Risk, Front Office, and Finance
• Monitor risk limit utilisation, assess sustainability under market conditions, and escalate breaches with clear recommendations

• Oversee mark-to-market valuation of freight derivatives (FFAs) and physical charter exposures (time and voyage)
• Validate pricing inputs, forward curves, and valuation methodologies to ensure robustness and consistency

• Partner closely with Chartering, Trading, and Operations teams to understand activity and validate risk outcomes
• Act as a key interface between Front Office and Finance, providing independent review and constructive challenge
• Support senior management with clear, concise risk and financial insights for decision-making
• Respond to ad hoc requests with timely analysis and sound judgment

• Ensure adherence to risk governance frameworks, policies, and controls
• Drive automation and process improvements in reporting and reconciliation
• Provide oversight and guidance to ensure consistent application of controls and risk standards

• Minimum 8 years of experience in market risk management, with strong technical grounding in product control, financial control, or commodities finance
• Solid understanding of shipping/marine economics, including freight (voyage & time charter) and bunker costs
• Strong communication skills, with the ability to translate technical concepts for a broad audience
• Comfortable working in a fast-paced environment with tight deadlines