Gunvor Energy

Risk Officer – Power and Gas

Singapore, Singapore In person Full-time

Location: Singapore

Contract Type

Permanent

Time Type

Full time

Summary of Company

Centalion is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, bulk materials, and base metals from where they are sourced and stored to where they are demanded most. With strategic investments in industrial infrastructure—upstream, terminals, refineries, power plants and storage – Centalion further generates sustainable value across the global supply chain for its customers.

Centalion trades in more than 100 countries with main trading hubs in Geneva, Singapore and Houston, along with other trading offices in Calgary, Dubai, Stamford, London and Shanghai, supported by a network of more than 20 representative offices around the globe. In 2025, Centalion generated revenue of US$144 billion and traded 253 million MT of commodities. For more information: Centalion.com

Overview of Role

The Power/Natgas/Renewables Risk Officer is part of the Risk team based in Singapore reporting to Senior Risk Officer in same team. He/She will be responsible for measuring, analysing, monitoring the positions and P&L, challenging assumptions taken by front-office and will be responsible for delivering reports and high-quality digital tools to improve decision-making and risk management.

Main Responsibilities

Develop and maintain risk reporting/analytics to communicate daily position, P/L and market risk to the trading & Origination team and management.

Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades.

Analyze mark-to-market valuations, risk positions, basis changes, curves and volatilities and P/L results daily.

Challenge assumptions taken by the trading & Origination team.

Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.

Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for trading activities.

Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification.

Communicate effectively with Front Office, Operation, Trade Support, Finance and IT team on inputs and assumptions.

Work closely with the trading & Origination team to quantify and explain the sources of risk in their portfolios.

Contribute to the reporting of Trading Result/ Position to Senior management. Responsible for monthly translation into accounting of trading results.

Prepare various reports and analysis for publishing internally and to the Management Board as the case may be.

Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency, and policy/limit compliance.

Coordinate with Compliance to ensure compliance requirements are met.

Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.

Identify and communicate operational risk, define risk mitigating measures and priorities.

Month end and year end reconciliations with finance and external auditors as required.

Back up / support for other desk’s Risk officers as the case may be.

Ad-hoc duties as assigned by senior risk officer or/and manager

Profile

The individual should have the following

University degree, preferably in Computing, Mathematics, Engineering, Economics or Finance in a top ranked University

3 to 5 years in the commodity trading business, preferably within a major trading house or utility company.

Experience in renewables and BESS is an advantage

Experience in Australian or Japanese Power markets is a plus

Strong understanding of financial derivatives

Strong analytical and problem-solving skills

Highly self-motivated, with a strong sense of intellectual curiosity and a genuine interest in power markets and trading; enjoys exploring the reasoning behind valuation methodologies and developing the understanding needed to provide credible risk challenge to the Front Office.

Eager to learn and ability to work with limited supervision.

High degree of accuracy and efficiency under set deadlines

Strong communication and interpersonal skills

Good understanding of risk management methodologies and valuation models

Proficiency in Microsoft Excel is required; Python scripting experience for data wrangling is highly valued

Knowledge of VBA, SQL, Access or SQL Server is an advantage

Fluent in English, both written and spoken

If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

Job description provided by Gunvor.
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