Hi, I’m
Chee Chen POH
Singapore
Summary
WHO AM I ?
“A Seasoned Risk Taker and A Business Builder”. An EM FX and Rates specialist for over 25 years with trading proficiency across an array of products running Global Macro risk with focus on domestic idiosyncrasy. Successful stint in both Buy and Sell sides, industry knowledge and network in both Oil&Gas and Commodities market. Highly motivated both when facing risk or client. Being conversant in Mandarin gives an added advantage to access The Greater China market. Ability to work well in both team-oriented and self-directed environments, I am determined to exceed expectations.
During 19 illustrious years at BNP Paribas, I left behind a successful Emerging Market trading business, grew revenue from EUR 8mio to 100mio under 4 years while managing 27 traders across 7 countries including front-tier markets. The key to my success was being humble, an ability to harness individual team member's strength and having an adventurous curiosity to explore.
My affinity for high growth potential industry finally led me to the digital asset market and Mr Darius Sit of QCP where I joined as a portfolio manager in a digital macro hedge fund set up by him.
I see a lot of parallels between the emergence of Blockchain technology, cryptocurrency and early days Emerging Markets. They shared similarities in that there are lack of rules and regulations, limited and disrupted market liquidity, subject to market manipulations and potential for super normal profits. My excellence and experiences are exactly in knowing how to navigate such circumstances and I look forward to sharing my aspirations and excitement with your company, if given the opportunity. Do speak with me.
Overview
28
years of professional experience
1
Certification
Work History
PHILLIP STREET PARTNERS
Portfolio Manager
12.2021 - 10.2022
Job overview
- Developed rebalancing strategies in BTC and ETH using options and futures to generate alpha and minimise risk exposures to achieve 30-40% annualised target return while keeping portfolio volatility to less than 50% of market, leading to high Sharpe Ratio.
- Identified suitable DEFI investment opportunities with good risk reward profile by reviewing white papers, participating in discord channels, monitoring relevant twitter updates and regularly subjecting selected DEFI platforms through risk and due diligence framework for sanity check.
- Led investment pitch along side CEO and COO with potential investors to raise AUM.
- Communicated market developments, portfolio changes and annual performance information to clients.
- Developed risk and operational control framework to meet requirements from regulators and Jersey fund administration.
- Evaluated compliance of potential updates with established company frameworks and strategic plans.
- Mentor junior administrative staffs and operation team on market conducts.
- Led negotiations with lenders which included Matrixport, Ledger Prime,Anchorage,Amber,Genesis, Cumberland, etc on Crypto and stable coins borrowing and lending to achieve most competitive rates for investors.
Self-Employed
Day Trader
01.2020 - 10.2021
Job overview
- Assessed hourly market conditions to look for hedge and arbitrage opportunities.
- Formulated algorithms to search for real-time mathematical indicators and flag trades worth executing.
- Developed and maintained strong knowledge of multiple products including cryptocurrency and varying levels of benefits within each product.
- Personal development: Passed Paper 1 and 2 - Client Advisor
Competency Standards (CACS) Assessment.
Louis Dreyfus Company Asia
Senior Trader Global Market
07.2015 - 08.2019
Job overview
- Run Alpha in EM FX & IR, secondary in EM Equity via index futures.
- Risk of FX Delta 50-100mio, DVO1 30-50K, achieved average yearly net profit of 6mio USD annually with Sharpe Ratio of 2.3-4.6 (average of 3.32).
- Market-make FX pricing to internal commodity trading desks.
- Devised FX trading strategies and solution to lower overall corporate FX hedging cost.
- Extract arbitrage value in India, Taiwan & Thailand via Structured Trade Finance exposure.
- Negotiate tighter liquidity spread for Asian NDFs in E-platforms resulting in 20-40% savings in execution cost.
British Petroleum
Lead Manager - Asian FX and Rates
07.2014 - 06.2015
Job overview
- Established Alpha mainly in EM FX & IR, secondary in EM Equity via index futures & Bullion.
- Market-make FX pricing to hydrocarbon trading desks.
- Improve procurement of FX in domestic currency transactions by up to 50% price reduction via direct negotiation with local banks.
- Implemented electronic execution of FX transactions by regional offices, using E-portals and price aggregator to gain execution efficiency.
- Bridged synergy in information flow between Treasury (financial markets) and IST (hydrocarbon trading).
- Demonstrated creativity and resourcefulness through the development of innovative solutions.
TechCombank
Change Management Consultant
09.2013 - 05.2014
Job overview
- Upscale trading platform, operations and support functions with global best practices.
- Achieved ambition of best Global Market team within Vietnam by 2016 and recognised Regional bank by 2020.
- Implement quantitative risk analysis to trading approach by creating risk index to forecast trading opportunity E.g: Economic Surprise Index and Vietnam Macro Risk Intensity Index.
- Establish trading in G10 proprietary FX, Asian currency NDF and US Interest Rate Futures.
- Increase revenue stream beyond domestic market trading by 20%.
- Lead and lay foundation for TechCombank to rank 1st from 4th for VND bond trading in secondary market within 6 months.
BNP Paribas Asian Local Markets
Head of Asian FX & Rates
08.2005 - 04.2013
Job overview
- Developed client franchise in SE Asia, London and New York.
- Integrate EM FX, Rates and Local currency bonds trading to deliver comprehensive local market platform offerings.
- Market-make MYR, IDR, INR, VND, SGD, THB and PHP NDF and spot in addition to taking proprietary risk.
- Undertook setting up of new dealing rooms in Vietnam, Indonesia and Malaysia and develop franchise in these markets with domestic corporate, hedge funds and asset managers.
- Establish local custodian accounts in Indonesia, Malaysia and Vietnam for onshore market access as FPI (Foreign Portfolio Investor).
- As Managing Director, coordinate platform efficiency, manage global headcount of 17 and strategize Asian products distribution globally to achieve Pnl and franchise target.
- Average proprietary risk of FX Delta 100-200mio USD, 50-100K DVO1, delivering average profit of +14.0mio USD annually.
- With annual Sharpe Ratio of 1.2-4.0 (avg of 2.37) for trading period 2007 to 2012.
- Key Milestones - Exposure of USD1.2bio outright position in USDINR NDF, M&A related. Ran position for 1week and deliver profit of 17mio USD.
- Implement RV trading / Micro hedging of EM portfolio with “liquidity hedge” using G10 FX, Eurodollar futures and correlation study to lower tail risk.
- Increase soft client contribution margin by 10 times through expanding country access and product offerings.
- Rank 1st in Asia Risk Inter-dealer survey 5 years running since 2007.
- Make BNP Paribas the "go to" bank for Vietnam Dong FX and bond access.
- Seed success of IDR portfolio through early investment in high yielding long dated Recapbond and increased Indonesia asset investment to USD 1.5bio.
- Being conversant in Mandarin, led strategy and product presentations to both Chinese and Taiwanese FIs and regulators.
BNP Paribas Global FX Options
FX Option Trader
06.1994 - 07.2005
Job overview
- Market-make and took proprietary risk in both vanilla and exotic options in G10 (EUR, AUD, NZD, YEN,XAU) and EM currencies.
- Establish Asian Emerging currency portfolio for Banque Paribas.
- Establish Dual Currency Option Deposit investment franchise in AUD and NZD with private banks.
- Seconded to BNPP London from 2001-2005 to globally lead manage YEN portfolio in addition to overseeing Asian EM currency portfolio in Singapore.
- Average proprietary risk of Vega 5-7mio, Gamma 10-20mio, delivering average profit of +12.5mio USD p.a. with annual Sharpe Ratio of 0–2.3 for period 1994-1999 and 2.6-5.4 (avg of 4.3) for period 2000-2005.
Education
National University of SingaporeSingapore
Bachelor of Science from Mathematics and Economics
04.1994
Skills
- Client Relationship Management
- Cross-Functional Collaboration
- Analyzing Investment Opportunities
- Presentation Skills
- Critical Thinking
- Teamwork and Collaboration
- Fixed Income Investments
- Business Development
- Talent Acquisition
- Six Sigma Methodologies
- Process Improvement
- Market Understanding
Accomplishments
“PAST IS NO GUARANTEE OF FUTURE, BUT TREND IS YOUR FRIEND”
- Only Singaporean trading manager to be selected for BNPP Global Top Talent program.
- Only Singaporean member of VBMA (Vietnam Bond Market Association) in 2007.
- Captain of Softball Team and Student Leader, National University of Singapore.
- Platoon Best – Officer Cadet School, Echo Company.
- Platoon Best – Basic Military Training, Kilo Company.
Certification
- CACS Paper 1 and 2
Languages
Chinese (Mandarin)
Bilingual or Proficient (C2)
English
Bilingual or Proficient (C2)
Chinese (Cantonese)
Intermediate (B1)
Timeline
Portfolio Manager
PHILLIP STREET PARTNERS
12.2021 - 10.2022
Day Trader
Self-Employed
01.2020 - 10.2021
Senior Trader Global Market
Louis Dreyfus Company Asia
07.2015 - 08.2019
Lead Manager - Asian FX and Rates
British Petroleum
07.2014 - 06.2015
Change Management Consultant
TechCombank
09.2013 - 05.2014
Head of Asian FX & Rates
BNP Paribas Asian Local Markets
08.2005 - 04.2013
FX Option Trader
BNP Paribas Global FX Options
06.1994 - 07.2005
National University of Singapore
Bachelor of Science from Mathematics and Economics
- CACS Paper 1 and 2
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