senior settlement executive (oil trading) in Singapore

stella he, randstad
job type

job details

commodities trading
job type
working hours
5 years
reference number
stella he, randstad
add to saved jobs print

job description

about the company
our client is a well-established and reputable Oil & Gas Trading firm. They're currently seeking a Senior Settlement Executive who can handle both Physical & Derivatives products (across the barrels).

about the job

  • Verification of trades in the system based on deal recap within timeline
  • Work closely with the Front Office Department such as Traders/Operators to ensure smooth and timely workflow process
  • Issuance of Invoice & LOI/WOT (Debit/Credit Notes) including L/C negotiation documentations
  • Processing of payment & receipt vouchers in accounting system for all trades and related charges accurately and timely
  • Generate report for month-end closing and attending to auditors for audit check (internal & external)
  • Perform KYC (Know Your Customer) task
  • Monitoring daily Margin input/withdraw
  • Monitoring all trade entries, reconciliation of records between system & bank’s statement and verify all trades in the system
  • Preparation of daily Open Position Report for all deals confirmation
  • Manage mid-month & month-end closing report (meeting HQ & accounts deadline)
  • Tally and process payment voucher for Brokerage Fee, Commission, Exchange Fee, Clearing Fee, Clearing House Fee etc.,
  • Paper MTM (Mark to Market) monitoring, reports to Middle Office and Credit Management tasks

skills and experience required

  • Minimally 5 years of relevant experience within Oil Trading industry
  • Have attention to details
  • Good understanding in incoterms
  • Good team player with an ability to work both independently and collaboratively in a team
  • Strong customer focus and experience in dealing with customers
  • Excellent communication and interpersonal skills

To apply online please use the 'apply' function, alternatively you may contact Stella He at 6510 3630 for confidential discussion.

EA: 94C3609 | R1987043


settlement / back office / trade support / oil trading


degree / diploma

educational requirements

Associate Degree/Diploma