SENIOR FINANCIAL RISK ANALYST

StaffWorthy; Minneapolis (MN); On-site; USD 95,000 - 120,000; Full time

Job summary

A leading financial services firm is seeking a Senior Financial Risk Analyst in Minneapolis to lead financial risk management and analysis. This role involves partnering with stakeholders to monitor and reconcile commodity and foreign exchange risks, ensuring compliance, and optimizing reporting processes. Candidates should have a bachelor's degree and four+ years of related experience, particularly in finance operations and data analytics tools. The position offers a competitive salary ranging from $95,000 to $120,000 with full-time benefits.

Qualifications

• Minimum of four years of related work experience.
• Experience in finance operations with knowledge of financial risk management.
• Experience in data analytics tools (Python, SQL, BI).

Responsibilities

• Lead financial risk management in commodity and foreign exchange risks.
• Partner with stakeholders to manage reporting and reconciliation.
• Ensure compliance of operations and monitor control points.
• Develop and implement process simplification and automation.

Skills

Financial risk management

Data analytics (Python, SQL, BI)

SAP

Conceptual thinking

Problem solving

Researching complex regulations

Risk mindset

Education

Bachelor's degree in a related field

Job description

About the job SENIOR FINANCIAL RISK ANALYST

Want to build a stronger, more sustainable future and cultivate your career? Join the company's global team of 160,000 employees who use new technologies, dynamic insights and over 157 years of experience to connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.

Job Purpose and Impact

The Senior Financial Risk Analyst will lead the financial risk management in commodity, foreign exchange risks and trading profit and loss for the defined businesses and areas. In this role, you will partner with key stakeholders to develop and implement the key controls to ensure operational compliance and accuracy of data and reports. You will lead the process standardization and optimization and develop new solutions to enhance automation and implement the transformation.

Key Accountabilities

• Partner with key stakeholders to manage complex commodity and foreign exchange position reporting and reconciliation and ensure any significant differences are resolved and communicated appropriately.
• Collaborate with business stakeholders to monitor commodity and foreign exchange exposure and ensure completeness of all the complex financial reporting within deadlines and compare against limits, elevate, and resolve breaches of limits.
• Validate reports and reconcile trading profit and loss by line of impact with key stakeholders.
• Ensure compliance of operations and monitor points of control.
• Develop and implement process simplification, enhance process standardization, optimize reporting, and drive automation and transformation processes.
• Lead risk management best practices and improvement initiatives.
• Build the team's capability to ensure a high performing team.
• Independently handle complex issues with minimal supervision, while escalating only the most complex issues to appropriate staff.
• Other duties as assigned.

Minimum Qualifications

Bachelor's degree in a related field or equivalent experience.

Minimum of four years of related work experience.

Preferred Qualifications

• Experience in finance operations with a knowledge of financial risk management and related financial processes.
• Experience with data analytics tools (Python, SQL, BI).
• Experience with SAP.

Equal Opportunity Employer, including Disability/Vet.

COMPENSATION

Base Salary: USD $95,000 to $120,000
Full-time Benefits: Full
Relocation Assistance Available: Possible for ideal candidate
Commission Compensation: No
Bonus Eligible: No
Overtime Eligible: No
Interview Travel Reimbursed: No

CANDIDATE DETAILS

• Experience: 5+ to 7 years
• Seniority Level: Mid-Senior
• Management Experience Required: No
• Minimum Education: Bachelor's Degree
• Willingness to Travel: Never

IDEAL CANDIDATE

Trade Product Control (internal term equivalent to “Financial Risk Analyst”) sits within risk management alongside market and credit risk. The purpose is to enable trading and risk management activities and strengthen the risk culture within Cargill. TPC operates on a global basis—155 people in their domain supporting all enterprises. Grain, oil feeds, protein, energy, internal energy optimization. People who support the trading activities of those enterprises—fx, derivatives and compliance—initiatives and compliance space is what we’re looking for alongside Deb. Foundation is related back to trading activities.

• Regulatory compliance – compliance and operational understanding of derivatives – OTC, commodities, exchange/fx.
• Transaction reporting to regulatory – CFTC for regulatory compliance for trading. European or ESMA or FCA also good.
• NOT logistics, tax or imports/exports/customs.
• Trading transactional reporting, exchange traded derivatives.
• Working with traders, commercial COEs and other business on new business opportunities and the risk assessments for trade flows.
• Some training involved, knowledge sharing, presenting formally.
• Skills:
  • Risk mindset
  • Research and understand complex regulations and translate or train on it
  • Conceptual thinker, problem solver
• Duties:
  • No daily actives or transactions, more on the advising side working with TPC teams to be sure they can execute on the daily transactions—project based and support.
• Stakeholders:
  • Derivatives and compliance COE team – 30 people globally – responsible for monitoring and surveillance – they can use them for questions on regulatory questions.
  • Traders, commercials – look at due diligence on new trade flows or trade opportunities.