Counterparty Risk Management Specialist
3 days ago
Company Overview: Frank Consult is a leading international commodity trading company with offices in Stellenbosch, South Africa, Douglas, Isle of Man, Bogota, Colombia, Monaco, and Lima, Peru. We source and trade grains for human and animal consumption, including wheat, corn, soybeans/meal, and wheat bran throughout Africa, the Americas, Europe, and Asia.
Job Description: As our Global Counterparty Risk Manager, you will oversee global counterparty risk management, monitoring, and reporting for all trading locations. Your role could be based at any of our major trade office locations.
- Key Responsibilities:
- Ensure compliance with corporate directives and policies related to counterparty credit risk.
- Quantify, monitor, manage, and report on all counterparty risk.
- Provide weekly aging summaries of global credit exposures with commentary on risk and remediation strategies.
- Maintain awareness of contractual sales terms to ensure compliance.
- Collaborate with regional Traders, Managing Directors, and Finance Directors regarding counterparty risk.
- Oversight of counterparty acceptance processes and standing data.
- Develop risk-based solutions and products to mitigate counterparty risk.
- Evaluate country risk and provide reports.
- Manage all credit insurance and related service provider relationships.
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Stellenbosch, Western Cape, South Africa Frank Consult Full timeCompany: The international commodity trading division of a publicly traded US Fortune 500 group of companies is seeking a Global Counterparty Risk Manager. This division sources and trades grains for human and animal consumption, including wheat, corn, soybeans/meal, and wheat bran throughout Africa, the Americas, Europe, and Asia. Its main trading offices...
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