Risk Management Senior

NICHOLAS RUDI +41-79-241-****

Geneva, Switzerland *******@*******.***

German & South African passport holder

Swiss Permit C

COMPETENCIES

Trading:

• Proven experience in trading FFAs with a strong track record of profitibility and risk management.

• Derivatives trader having covered Metals, Ores, Tanker FFA and Bunker Swaps.

• Management of Commercial Hedging and Speculative trading on Tanker FFA market.

• Identifying and building Hedging and Speculative opportunities.

• Initiated Risk / VAR functions and implementation of all trading books.

• Research and Technical Analysis for all trading and hedging strategies and the execution of these strategies.

• Analyse complex data, interpret market signals and make informed trading decisions. Chartering:

• Commercial management of VLCC fleet portfolio to maximise TCE and beat benchmarks.

• Counterparty contract negotiations with headowners, oil companies, traders and brokers.

• Identification of time charter opportunities for system and speculative trading positions.

• Oversight of and responsibility for fleet commercial results. Management:

• Desk head for several successful broking desks, reporting directly to senior management, responsible for desks commercial success across sectors.

• Day to day office and human resource management.

• Prepare and present regular reports on trading performance, market outlook, risk and desk profitability to senior management.

• Year-end allocations and apportioning of remunerations. Quarterly financial forecasts for earnings and costs.

Financial:

• Knowledge of risk management principles and techniques to manage market, credit and operational risks effectively.

• Voyage estimation and fleet performance monitoring. Mark to market benchmarking.

• Profit & loss recording and reconciliation for trading books and individual voyages.

• Financing agreements and statistical analysis.

EXPERIENCE

Freight Trader Fractal Shipping SA, Geneva 2022-2024 Chartering manager for Fractal VLCC fleet globally. Derivatives Trader for the groups FFA and Bunker Swaps. Manager of Commercial Hedging and Speculative trading. Desk Head BRS SA, Geneva 2017-2022

Head of team specializing in marketing and trading of Tanker Shipping futures (FFA). Identifying and building derivatives/hedging opportunities for clients. Desk Head BGC Partners, London 2014-2016

Head of top-tier commodity derivatives desk specializing in marketing and trading of Iron Ore Futures.

Desk Head ICAP, London 2012-2014

Desk Head of the newly commoditized Iron Ore market trading desk, taking the desk conception to a profitable market leader.

Senior Broker Clarksons Securities, London 2005-2012 Founding and Senior member of a team specializing in Shipping Futures (FFA) for the wet freight market.

Futures Trader Amalgamated Metals Trading, London 2004-2005 Trader for one of the 7 floor trading companies on the London Metal Exchange, dealing metals futures.

Futures Trader PCS Derivatives, Johannesburg 2002-2004 ALSI index book proprietary trader. Agricultural Commodities futures trader on both the Speculative and Hedge books.

EDUCATION

FSA (UK): Registered person

National Futures Association (USA): Series 3

Baltic Exchange: Advanced Freight Modelling and Trading, Freight Derivatives & Shipping Risk Management

ICE (Intercontinental Exchange): Brent Crude Options, Trading and Pricing licenses UNISA (University of South Africa): 1995-1998 Bcomm - Economics Languages: English, Afrikaans/Dutch, German and basic French INFORMATION TECHNOLOGY

VESON / IMOS (TCE calculation and trade capture), Bloomberg, Microsoft and Excel.

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