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Sucafina

Risk Officer (Instant coffee) - Work location: District 3

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  • 3 days ago
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Job Description

Company Description

Sucafina is the leading sustainable Farm to Roaster coffee company, with a family tradition in commodities that stretches back to 1905. Today, with more than 1,400 employees in 34 countries, we help stakeholders worldwide to find the perfect coffee solutions. We embed technology, innovation, and sustainability throughout the supply chain, creating shared value for all by Investing in Farmers, Caring for People, and Protecting Our Planet. For more information, visit www.sucafina.com.

What are we looking for:

We are looking for entrepreneurs, techies, passionate, eager to learn, humble, with a positive attitude and a high level of integrity People. Flexible and willing to take challenges, work and live in coffee-producing countries, People who want to build expertise and a career in the coffee business and are ready to go the extra mile.

What we offer:

We offer within our pleasant family environment, great opportunities to learn and grow, we offer challenges and exposure to multicultural environments, on-merit base compensation, and free coffee around the clock!

Job Description

Responsible for checking daily risk positions to make sure they are aligned with Sucafina Risk framework, and to make Trading Dpt aware of non-compliance 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, 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)
  • Daily follow up over-limit alerts, question traders, seek approval from Instant Risk Committees or escalate to Group Risk Committee.
  • Maintain correct and up-to-date 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

  • Bachelor's degree in Business, Finance, or a related field;
  • Proven experience as a Coffee Trader or soft commodity
  • Familiarity with legal and regulatory aspects of trading agreementsare plus.
  • Strong analytical and organization skills.

More Info

Industry:Other

Function:Finance

Job Type:Permanent Job

Date Posted: 21/11/2024

Job ID: 101100605

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