ROLE PROFILE

GENERAL DETAILS
Role Title Quantitative Risk Specialist Location Singapore
Department Marketing Finance GBF Band 6
Specialist Support
Reports to (manager) Manager – Market Risk Type of Work
Work
Manager once removed Head of Risk, Governance & Compliance Date July 2018
CONTEXT
The purpose of the Marketing BU is to sustainably maximise cash flows from the marketing of Anglo American
products and services. In support of this, we have set ourselves a target to deliver a considerable uplift in in
PBT by 2023.

The Risk, Governance & Compliance function within the Marketing Finance team, provides transparency into the
exposure, profit/loss results and risks being run in the different commodity trading and marketing portfolios, as
well as ensuring that the Marketing function is being run in a well-governed manner.

PURPOSE

Provides expert quantitative risk management support to the Risk and Marketing teams, including: market and
credit risk modelling, forward curve estimations and valuation methodology determination.

TYPICAL TASKS

Risk Management
• Assist the Manager Market Risk in determining forward curves and Anglo Reference Price (ARP) formulas.
• Provide technical input into the selection and implementation of Marketing Risk systems.

Risk Reporting
• Develop a suite of risk reporting tools to express the risk being generated by different Marketing strategies.
• Perform back testing of risk calculations to ensure integrity of the reports produced.

Quantitative assessment
• Provide quantitative assessment on key marketing priorities and structure transactions.
• Identify embedded optionality within transactions, determine valuation parameters such as volatilities,
forward curve, discount rates, FX rates etc. and quantify the fair value.
• Perform Limit setting and review, as well as manage positions against those limits.

Non-standard contract or transactions

• Review optionality of the transactions and quantify exposures and the fair value of the transactions.
• Provide input into pricing decision in view of the risk exposure.

ROLE RELATIONSHIPS

INTERNAL RELATONSHIPS

Managerial accountable to:

Manager Market Risk

• Provides a complete Quantitative risk assessment service to the Manager Market Risk

1
This role profile acts as a guide to the role only and additional work outcomes may be required to be performed by the incumbent
 Head of Risk, Governance & Compliance
• Provides a complete Quantitative risk assessment service to the Head of Risk

HOM/Traders/Marketing Managers
• Provides a complete Quantitative risk assessment service to the front office teams

Marketing Finance team

• Provides a Quantitative risk assessment service, especially with regards to forecasting potential future
paper/physical trade derived cash flows

DIRECT REPORTS
• None

EXTERNAL RELATIONSHIPS

Third Party Vendors

• Provide a Quantitative risk assessment of 3rd party products and services

External Auditors
• Provide a Quantitative risk assessment service, including the explanation of models being developed
and used by Marketing

CAPABILITY REQUIRED TO DO THE ROLE

Knowledge • Expert understanding of Quantitative risk modelling in a commodity

environment.
• Excellent knowledge and understanding of a wide variety of model
development and validation statistical techniques covering primarily market
and credit risk
• Ability to explain and defend complex quantitative methodologies, in a clear,
understandable manner to colleagues and senior managers within the
Marketing BU.
• Ability to work under pressure and to tight deadlines in a trading environment
• Effective written and verbal communication skills; fluency in English (verbal
and written) is essential
• Expert Excel/Access VBA and SQL developer.

This role profile acts as a guide to the role only and additional work outcomes may be required to be performed by the incumbent
 Technical Skills • Commercial Reasoning and Application - Understands every element of the
marketing value chain, financial concepts and appropriate risk management,
and applies this knowledge to achieve business success and growth. (Level
Basic).

• Commodity Knowledge - Understands the production process, technical

characteristics, market dynamics, commodity applications, our customers, their
requirements and how we deliver value. (Level Basic).

• Negotiation and Influencing - Develops and uses negotiation and influencing

skills and strategies and builds relationships to create optimal outcomes to
deliver value. (Level Basic).

• Risk Management - Understands, quantifies and manages the risks of the

business across the whole marketing value chain to support value creation.
(Level Proficient).

Social Process Skills • Broad scanning (Level 1) Pays attention to the broader mining business.

• Business Acumen (Level 2) Understands how strategies and tactics works in

the marketplace

• Collaboration (Level 1) Initiates cross boundary collaboration

• Driving performance (Level 1) Sets high personal performance standards.

• Inspiring others (Level 1) Motivates and aligns people around the goal.

• Leading change (Level 1) Fosters a culture that is open to change.

• Setting direction (Level 1) Engages people and delivers plans.

•

Any other requirements
to perform the work
effectively?
• Proven track record in risk management or risk reporting role.
• Working experience in banking, trading, marketing environment or similar.
• Working experience with risk management, trading or sales and distribution
systems.
• A postgraduate degree in a quantitative field, e.g. computer science,
mathematics, engineering, physics, or finance.
• Outstanding problem solving skills.

This role profile acts as a guide to the role only and additional work outcomes may be required to be performed by the incumbent