Process Executive - Credit Risk

Bunge; Sahibzada Ajit Singh Nagar; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Bunge is looking for a Risk Specialist based in Mohali, Punjab. Responsibilities include conducting annual reviews of counterparties, assigning credit limits, and creating risk reports using Tableau. Candidates should have 3-5 years of experience in finance/accounting/risk and strong communication skills, including proficiency in Spanish. The position demands attention to detail and the ability to work collaboratively in a dynamic environment.

Qualifications

• 3-5 years of working experience in finance/accounting/risk, credit function, preferably in Ag industry.
• Experience managing people and processes through change.
• Ability to provide high quality customer service to stakeholders.

Responsibilities

• Perform annual review of existing counterparties and assign credit limits.
• Create risk reports using Tableau desktop version.
• Coach trainees and newcomers on company processes.

Skills

Knowledge in finance/Credit risk/trading concepts

Experience in accounting and finance

Spanish language skillset

Excellent communication and presentation skills

Strong problem solving & organizational skills

Education

3-5 years of working experience in finance/accounting/risk

Tools

SAP

Microsoft Office (Word, PowerPoint, Excel, Outlook)

Job description

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number : 45434

Role Purpose Statement

The overall responsibility of the Risk Specialist is the accurate and timely annual review of counterparties, assigning accurate credit limits considering potential exposure of Business partners for existing business partners as well as New counterparties. Detailed annual review includes the evaluation of financial statements, checking customer's payment history and payments terms allowed mark to market limits, PFE calculations and securing open credit with Insurance. Preparation of scorecard is also an important activity applicable for the limits above the threshold >350K USD. Approvals to be obtained for higher grades/credit limits as per Bunge Global Credit Policy. It's a critical role as activities and deliverables of this role directly impacts the Bunge's business with its business partners across the globe.

Main Accountabilities

• Perform annual review of existing counterparties and assign the credit limits ensuring accuracy and timeliness.
• Support centralized risk team with other tasks like industry updates in Delta, validating the Insurance and others.
• Bulk review - exemption from detailed annual review basis payment history
• Intuitive Grading in case of insufficient financial information
• Credit history and compliance checks.
• Create risk reports using Tableau desktop version.
• Coaching trainees and newcomers on company and helping team members to work in a collaborative manner to achieve the desired objectives.
• Build good relationships with the teams/departments involved.

Knowledge and Skills

Behavior "Improve Bunge's outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy."

Collaborate, effectively communicate with others and take initiative to continually develop themselves.

Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change."

Technical

• Knowledge in finance/Credit risk/trading concepts (e.g.: Assigning credit limit, evaluating business financials to assess credit worthiness of the partners, Payment history, preparing credit scorecards etc.)
• Experience in accounting and finance, Credit Risk, coordination with stakeholders and follow-through to eventual issue resolution and documentation.
• Spanish language skillset required to communicate with customers/commercial group.
• Excellent communication and presentation skills
• The successful applicant will be a detailed-oriented, results-driven, tenacious team player. He/she will have demonstrated an ability to lead the discussion on reconciliation and analysis with key stakeholders (e.g.: commercial organization, finance partner team and market risk teams).
• Ability to provide high quality level of customer service to internal & external stakeholders.
• Ability to work independently, efficiently and deliver high quality output under pressure.
• Independent and meticulous with figures
• Strong written & oral communications skills in English.
• Strong problem solving & organizational skills.
• Experience in managing people and processes through a sustained period of change.
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

Education and Experience

• 3-5 years of working experience in finance/accounting/risk, credit function, preferably in Ag industry.

Distinct Advantage

• Experience working in a similar Shared Services Centre setup.
• Experience in processing high volumes of transactions
• Experience in SAP
• Strong customer service, communication skills/soft skills
• Working exposure in commodity industry