Counterparty Risk Management Specialist
7 days ago
Company Overview:
The international commodity trading division of a publicly traded US Fortune 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.
Job Description:
Key Responsibilities- Ensure compliance with and continued relevance of counterparty credit risk policies within corporate directives.
- 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 adherence to contractual sales terms to ensure compliance.
- Collaborate with regional Traders, Managing Directors, and Finance teams 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.
- Oversight and management of all credit insurance and related service provider relationships.
- Interaction with global trade administration and accounts receivable functions, as well as management and financial leadership.
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