Risk Officer - Instant Coffee Trading

Job Description

• 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 ad-hoc requests. 
• Manage performance and credit risk insurance.
• 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 or equivalent, with a focus on Commodity Trading, or Risk is a plus;
• 2-5+ years' experience in Risk, Compliance, Contract Management, Trading, Commercial Operations, or Commodity Trading; Experience reviewing contracts, commercial agreements, or legal documentation;
• Strong understanding of risk assessment, controls, governance, and compliance processes;
• High attention to detail and accuracy
• Excellent English communication skills
• Ability to challenge stakeholders and escalate risks appropriately

Additional Information

• Excellence analysis and organization skills
• Ability to manage time and comply with deadline under stress
• Leadership & team spirit.
• Excellent and clear communication