Commodity Financial Risk Management Analyst

Cargill, Inc. Wayzata , MN 55391

Posted 5 months ago

POSITIONPURPOSE

This position is responsible to report commodity,FX, and counter party exposures, to perform all the activities to ensure theintegrity and accuracy of the position, and track and explain profit and lossgenerated by trading activities.

POSITIONREPORTING

  • Conduct analysis on trade-related risks and partnerwith traders and other relevant functions teams to identify, analyze, andinclude relevant risks on the position report. Collaborate in elaboration andimplementation of risk management strategies.

  • Prepare and distribute accurate and timely positionreports for commodity, foreign exchange, and counterparty risks to the multiplestakeholders involved including trading team, the commercial team, other

Finance functions, the Cargill Risk Committee, and external regulators such asthe CFTC.

  • Ensure the integrity of trading positions throughaccurate trade capture and the usage of timely and accurate market data. Ensurepositions and daily P&L is updated accurately and able to explainunderlying reason for movements.

  • Reconcile between traders, brokers and systems,including revaluing positions to current market prices (mark-to-market) andanalyzing past due contracts.

  • Manage timely market price curve calculations andvalidate trader's curves. Ensure appropriate market data (prices, volatilities,spreads, basis, etc) are received from sources and validated.

  • Manage compliance with data vendor contracts.

  • Monitor compliance with pre-established limits,communicate breaches, and promptly follow up on corrective action.

ACCOUNTINGPROCESSES & PROCEDURES / CONTINUOUS IMPROVEMENT

  • Validate, reconcile, and report month-end tradingP&L, including mark-to-market and P&L attribution. Communicate resultsand explain underlying reasons for movements to key stakeholders.

  • Perform month-end financial reporting results andanalysis, financial statement reviews, and conduct financial analysis of thebalance sheet to ensure proper controls over financial reporting.

  • Provides technical accounting data and informationto Finance and Business partners and collaborates with A&F peers andcross-functional colleagues to determine key financial information to includein the financial and management reporting package.

  • Monitors and measures compliance to the internalglobal control framework

  • Identify and implement process simplification,standardization and automatization on position reporting and accounting toimprove effectiveness and efficiency.

  • Actively participate in new systems implementationsas a trading subject matter expert.

REQUIREDQUALIFICATIONS

  • Bachelor's Degree in Accounting, Finance, RiskManagement or related field

  • 2 or more years of accounting and/or commodity riskmanagement experience

  • Ability to travel up to 10-15% of the time.

  • Self-starter with a curious and inquisitive mindwith proven ability to challenge and influence changes

  • Strong financial analysis skills

  • Ability to communicate effectively with manyfunctional groups and levels both written and orally.

  • Strong computer skills with proficiency in Excel.

  • Demonstrated ability to manage multiplepriorities/projects effectively.

  • Demonstrated strong problem-solving and analyticalskills.

  • Demonstrated ability to lead cross functionalinitiatives

  • Strong attention to detail.

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Commodity Financial Risk Management Analyst

Cargill, Inc.