Counterparty Risk Manager

Stellenbosch, Western Cape, South Africa

Job Description


Company: The international commodity trading division of a publicly traded US Fortune 500 group of companies is seeking a Global Counterparty Risk Manager. This division sources and trades grains for human and animal consumption, including wheat, corn, soybeans/meal, and wheat bran throughout Africa, the Americas, Europe, and Asia. Its main trading offices are based in Stellenbosch - South Africa, Douglas - Isle of Man, Bogota - Colombia, Monaco, and Lima - Peru.Role Overview: The Counterparty Risk Manager oversees global counterparty risk management, monitoring, and reporting for all trading locations. Location could be based at any of the major trade office locations.:

  • Ensuring compliance with and continued relevance of counterparty credit risk policies within any corporate directives.
  • Quantification, monitoring, management, and reporting of all counterparty risk.
  • Weekly aging summary of global credit exposures with commentary regarding risk and remediation strategies.
  • Monitoring of contractual sales terms to ensure compliance.
  • Collaboration with regional Traders, Managing and Finance Directors regarding counterparty risk.
  • Oversight of counterparty acceptance processes and standing data.
  • Providing risk-based solutions and products to mitigate counterparty risk.
  • Evaluations of country risk and reporting.
  • Oversight and management of all credit insurance and related service provider relationships.
Personnel Activities: Interaction with global trade administration and accounts receivable functions, as well as with management and financial leadership.Qualifications/Experience Required:
  • Counterparty risk experience and/or relevant qualifications with 5+ years of practical experience.
  • Commodity trade exposure would be beneficial but is not a requirement.
  • Excellent interpersonal and communication skills.
  • Demonstrated exposure to management executives for reporting and risk management.
  • An understanding of and ability to negotiate commercial implications of counterparty and credit decisions.
  • Team leadership and people management skills are essential.
  • Demonstrable technology and MS365 proficiency with any automation or AI/ML exposure beneficial.
  • Ability to work flexibly to strict time deadlines.
  • Time management skills to manage and prioritize tasks to achieve deadlines.
  • Excellent English language with Spanish and/or French beneficial.

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Job Detail

  • Job Id
    JD1404938
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Stellenbosch, Western Cape, South Africa
  • Education
    Not mentioned