Position Purpose & Summary
This position is responsible for assisting Cargill's Commodity Markets Compliance Group activities across global derivatives, cash and logistics markets. There will also be responsibility for customer facing risk management solutions structuring and compliance activities for North American businesses and assist as necessary with other CPRS activity.
The position requires expertise in legal, regulatory, tax, and accounting compliance issues of derivatives and cash market-based risk solutions. Position will provide training and advice, escalating to Director as necessary.
40% - Serve as a key compliance professional for all derivatives and physical market trading for the North American regional businesses, and primary contact for all Advisory matters in same. This includes acting as the key contact for SROs, National Regulators, and other regulatory entities. Coordinate with embedded and commercial resources to identify existing derivatives-based risk solutions, support business to structure, document, and gain approvals for new solutions, and establish approach to identify when activities deviate from approved solutions. Coordinate with the swap dealer to ensure consistency across compliance activity. Evaluate monitoring processes and work with business to address deficiencies. Coordinate with Compliance Officer in maintaining compliance activities on exchanges, including: CBOT, CME, NYMEX, MGEX, ICE Futures US, ICE Futures Canada, Liffe, Matif, and other exchange markets. Monitor regulatory enforcement actions across the region and feed into the compliance monitoring activities.
25% - Facilitate PAF renewal process in region, provide CPRS and CMCG / other compliance training.
25% - Develop relationships with business resources, and indirectly influence business compliance activities.
10% - Provide content update to the CMCG website and business partners on relevant regulatory updates and rule changes.
Minimum Required Qualifications
Bachelors' degree or equivalent
10 years of compliance, trading, finance or commercial experience (or similar relevant)
Understanding of commodity markets (cash, logistics and derivatives) activities
Strong analytical skills; exceptional communication skills (verbal and written),
Ability to deal in ambiguity
Demonstrated experience in advising corporate senior management
Ability to identify adjacent regulatory or non-regulatory issues arising from a specific set of facts (tax, legal, finance, accounting)
Outside networks to bring insight to compliance considerations
Spanish / Portuguese a plus