Product Controller – BP APAC

About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 areas of expertise:

• Asset management

• Energy transition services

• Energy supply & global commodities

• Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

The GEMS APAC team is based in Singapore, Japan and India and offers risk management solutions to both internal and external clients in the APAC region. We specialize in providing optimization, hedging, market operations, and analytics services to support our clients.

To support its growth in the Asia Pacific region, GEM APAC is strengthening its Middle Office / Business Control function. The role leads, coordinates, and manages a range of activities to ensure service availability, quality, and performance levels. The objective is to deliver on key goals for the domain, aligned with the overall objectives of the department.

Role:

Main responsibilities:

Trade support

• Ensure positions and trade details recorded in internal systems match external parties (clearers, custodians, prime brokers, counterparties)
• Facilitate the timely resolution of position and trade breaks
• Facilitation of option expiry processes and other contractual obligations
• Compression and novation processing
• Send the Trade Confirmation to counterparties
• Reconcile brokerage fees
• Compliance with regulations and internal policies with respect to trade execution and capture
• Regulatory reporting to the authority
• Assist and maintain SOP documentation

Pnl Reporting

•     Daily P&L production, reconciliation, reporting and analysis

•     Reconcile and resolve P&L variances with front office trading desks

•     Reconcile P&L reported to general ledger and investigate any variances

•     Conduct periodic independent price verification and valuation

•     Participate in new business/product approval process

•     Work closely with Financial Control on ledger booking, accounting fair value adjustment, and financial statements disclosure

Process Improvement and Projects

•     New business initiatives: Including set up of new traders and products

•     Process Improvements including technology enhancements

•     Enhancing knowledge through training and maintenance of team procedures and policies

•     Completing event reviews and implementation of risk mitigation improvements

Hard skills:

• Solid Understanding of Finance/derivatives fundamental (Valuation, relational database, business intelligence
• Solid knowledge of Risk Management system (Orchestrade) and reporting system
• Ability to manipulate high volume of data / data science
• Knowledge of Commodities Markets dynamics
• Experience in PowerBI/ Python

Soft skills:

• Accustomed to a fast-paced, dynamic trading floor environment
• Interactive behavior : Active Listening and communication skills
• Problem solving : Issues perception, analyzing, practical thinking, creativity, innovation

Education and professional background:

• Minimum Degree in Business related discipline
• Minimum 3-5 years experience in trading industry
• Have knowledge about commodity trading (especially oil and gas)

Languages:

• Excellent communication skills in English both verbal and written
• Proficiency in additional languages such as French, Japanese or Chinese is not mandatory but would be advantageous, as the role involves handling documents and communication with counterparties/stakeholders in other countries.

Location:

• Singapore – Asia Square Tower 1

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. 

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.