Cargill Counterparty Risk Analyst in Sofia, Bulgaria

Counterparty Risk Analyst

Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.

Description

Position Purpose:

Assisting in the process of determining AR/MTM/Stressing/Volume & tenor limits by originating the necessary WLAs as well as make sure the approved limits are appropriately transferred to the different business systems.

Financials need to be obtained either through Mendix (Cargill tool fed with D&B financials for our customers) or other system sources (local chamber of commerce sites for example), and perform financial analysis providing advice on the customer’s credit worthiness in relation to the business requirements.

A broad knowledge of the different systems in use by Counterparty risk (Counterparty Risk data base – CR Web - Web based Limit Approval system – WLA, Mendix) as well as the business (JDE, A-Force, SAP and other systems) is needed to perform this role.

The analyst role will be starting the daily Hold & Release process by gathering necessary information from the different systems, make sure to have up to date information from cash collections as well as provide a status update on the limit requirement.

The appropriate approvals will then be collected before actual system release can take place.

The analyst will perform regular data integrity checks to make sure the approved limits are correctly reflected in the business systems. Any corrections needed, can be made following this data integrity check. A data integrity report needs to be issued to the relevant BU Counterparty Risk Leads.

The analyst will perform a first review on received alerts providing customer information (last approved limit, ageing status, Mendix risk profile, any other high risk elements) for the local FSS analyst to review and either close the alert as not significant or take further action.

The analyst will track validity of existing risk mitigation and trigger the review of risk mitigation close to the expiry date.

The analyst will assist the BU Counterparty risk leads in the preparation of month-end reporting as well as ad hoc reports.

Principal Accountabilities:

  • Limit request origination & Financial analysis35%

  • Hold& relase process20%

  • Alert process10%

  • Data Integrity10%

  • Reporting10%

  • Data integrity10%

  • Risk mitigation5%

Qualifications

  • Bachelor degree in finance or equal through experience

  • Proven track record of experience in Financial Analysis

  • 3 years of experience in a multinational and complex environment

  • Fluent English (spoken & written)

  • Excellent Excel skills and affinity with IT programs/tools in general

  • Good communicator

  • Keen sense of priorities

  • Analytical

  • Thorough

  • Independent worker

Job Finance/Accounting

Primary Location BG-Sofia

Schedule Full-time

Job Type Standard

Shift Day Job

Req ID: SOF00649