Daniel Cheng Yi Lu

Executive at Wilmar International

Petaling Jaya, Selangor, Malaysia

About

In-house broker at Wilmar International, driving group hedging strategies and mastering Crude Palm Oil procurement. With expertise in OTC markets, I specialize in precise negotiations, risk management, and contract execution. Recently attempted CFA Level 1 to elevate trading strategies and optimize procurement processes, fueling innovation in the tropical oil sector.

Experience

  • Wilmar International (4 yrs)
    • Executive
      Sep 2022 - Present · 3 yrs 10 mos

      • Selling and managing Specialty Fats Products for downstream products  • Ensured raw material procurement for 5 refineries, securing majority market share for East Malaysia region with the team.  • Meet up with local suppliers maintaining relationship and exploring new business opportunity.

    • Capital Markets Services Representative License Holder
      Jul 2023 - Jan 2025 · 1 yr 7 mos

      • Oversaw a Commodity Future Contract portfolio with a ten-figure value   • Executed group level hedging order as an in-house Trading Participant & Clearing Participant.  • Regularly generated daily and monthly reports covering trading activity, option Greeks, and position limit compliance.  • Ensured timely alerts were provided to internal clients concerning physical clearing and position unwinding.

    • Marketing Management Trainee
      Jul 2022 - Aug 2022 · 2 mos

      Training and exposure to tropical oil production, operation, and marketing.

  • University of Nottingham Malaysia (Semenyih, Selangor, Malaysia)
    • Mechanical Engineering (MEng) Student
      Sep 2018 - Sep 2022 · 4 yrs 1 mo

      Second Upper Class PROJECTS: Solar Chimney for Improved Natural Ventilation in Buildings – Final Year Project • Simulated the improved building and the conventional base study buildings using Ansys software. • Initiate application on conventional buildings and evaluate the improvements. Flexible Condition Monitoring Device – Group Design Project • Directed a group of three members to design, manufacture the system according to Gantt chart. • Evaluated the market and competitors of the product, established a 3-year business plan with estimated revenue up to 1M. • Programmed user interface on Android & Windows for observing and analysing the generated data of machine health. Variable Pitch Propeller – Individual Design Project • Analysed Shaft Loading, ASME Shaft Reserve Factor, Fatigue Stress Concentration Factors, Von Mises Stress of designed model • Engineered the details, including the types and dimension of seals, O-ring, bearings with detailed SolidWorks model.

    • Research Internship
      Jun 2021 - Jul 2021 · 2 mos

      • Explored on Integrated Vehicle Detection System for Autonomous Driving and Accident Prevention. • Analysed the main factors of road accident from previous academic study in Malaysia. • Introduced solution for accident prevention with integration of smart phone and public camera.

  • Internship Trainee – Process & Commissioning Department at Desmet Ballestra
    Jun 2020 - Sep 2020 · 4 mos

    • Oversaw lab-scale palm oil refinery process implementation for Monash University Malaysia. • Formulated organizations method for equipment and instruments, enhanced the examination of design blueprint by 20%. • Aligned with three other interns on designing the layout of a palm oil fractionation plant with capacity of 2000 tonnes per day.

  • Ride Operator at The Track Family Fun Parks
    Jun 2019 - Aug 2019 · 3 mos

    Seasonal parks in Midwestern region of the United State with over 9 million visitors per year. • Cooperated with international colleagues and served global customers under long working hours.

  • Internship Trainee – Production & Maintenance Department at Bintulu Edible Oil Sdn Bhd
    Jul 2018 - Jul 2018 · 1 mo

    • Studied plant processes and proposed capitalizing solution in short time frame. • Engineered insulation solution to conserve fuel consumption with estimated breakeven of two years.