Risk Officer Instant coffee - Work location District 3
Risk Officer Instant coffee - Work location District 3
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Control and manage the operational and business risk of the division in particular the exposure with counterparties.
Onboarding and monitoring of counterparties (KYC) and of their performance.
Issue and enforce the procedures and policies within the organization.
Responsible for checking daily risk positions to make sure they are aligned with Sucafina Risk framework and to make Trading Dpt aware of noncompliance position and escalate any breaches or situations to the Instant Risk Committee.
- On daily basis check and monitor positions including but not limited to M2M exposure inventory exposure long overdue receivables prepayments etc.
- Identify contracts that are not compliant with limited granted to the counterparty such as: forward window fixation window payment terms vs in trust or credit limits and escalate to Instant Risk Committee.
- Due diligence (compliance) check for new accounts on systems (CRM/GSOL) for Instant entities.
- Annual review of existing accounts for all entities and make necessary updates on the systems (GSOL/CRM)
- Maintain constant reporting to Head office (Geneva) Risk & Compliance Department and implement Group policy and address adhoc requests.
- Manage performance and credit risk insurance.
- Daily follow up overlimit alerts question traders seek approval from Instant Risk Committees or escalate to Group Risk Committee.
- Maintain correct and uptodate limit on systems (GSOL/CRM)
- Review and coordinate with departments upon incurred risk related topics that would be assigned to the candidate by Risk Manager
- Become expert in execution and innovative to design/adapt new tools to increase productivity (i.e. digitalization)
- Become a key member of Instant Risk Committee
Qualifications :
- Bachelors degree in Business Finance or a related field with a focus on Commodity Trading or Risk is a plus.
- Other certifications especially related to customs and/or legal are plus.
- Strong analytical and organization skills.Familiarity with legal and regulatory aspects of trading agreements are plus.
- Good experience in working with data modelling (MS PBI).
- Knowledge of collaborative tools (MS Teams SharePoint etc.) & Business Intelligence Power BI as a plus.
- Strong analytical and organization skills.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
