Process Executive - Risk Management Job in Mohali at Bunge

Bunge is hiring for the role of Process Executive - Risk Management!

Responsibilities of the Candidate:

• Performing daily risk positions and explaining the variance.
• Posting of Future/Option in SAP based on the trade that happened in exchange.
• Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Performing daily reconciliation with Trader PnL.
• Preparing the daily PnL based on the market price movements.
• Performing the FX reporting to hedge the currency risk.
• Preparing different types of risk reports, e.g. Freight exposure, etc. for senior leadership.
• Performing the MTM calculation on month end.
• Posting the MTM in SAP at Month-end.
• Reconciling the Intercompany MTM with other Bunge entities on month end.
• Complying with Sarbanes Oxley Standards.
• Ensuring the internal finance controls, and procedures are in place and in compliance with company policies.
• Preparing the MTM adjustments and sharing with Trade accountants to post.
• Identifying & resolving mismatches in IC balances with counterparties.
• Preparing and updating process documentation and keeping up to date all the time.
• Liaising with auditors (Internal and external) and responding to their queries.

Requirements:

• 2-3 years of work experience in a similar role.
• Experience in Agribusiness/Commodity trading industry preferred.
• Minimum Education Qualification – C.A. / CMA / FRM / MBA will be preferred.
• Good knowledge of concepts and procedures related to mark-to-market, Options, Futures, Hedging, Intercompany, and Risk Positions.
• Ability to provide a high-quality level of customer service for MTM, Intercompany, and other reporting activities.
• Ability to work independently, and efficiently and deliver high-quality output under time pressure.
• Independent and meticulous with figures
• Strong communication and interpersonal skills to work effectively with internal/external teams across the Globe.
• Strong problem-solving & organization skills.
• Develop knowledge of the business, accounting systems, Reconciliation policy, Finance Control standards, and Quality Framework and ensure compliance with these.
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook.)
• Experience in ERP/ Accounting systems (SAP) will be an added advantage.