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Commodity FRM Sr Analyst

Description

This position is responsible to report commodity, FX, and counterparty exposures, to perform all the activities to ensure the integrity and accuracy of the position, and track and explain profit and loss generated by trading activities. Principal Accountabilities30% Position Reporting
  • Conduct analysis on trade-related risks and partner with traders and other relevant function teams to identify, analize, and include relevant risks on the position report. Collaborate in elaboration and implementation of risk management strategies.
  • Prepare and distribute accurate and timely position reports for commodity, foreign exchange, and counterparty risks to the multiple stakeholders including the trading team, commercial team, other Finance functions, Cargill Risk Committee, and external regulators such as the CFTC.
  • Ensure the integrity of trading positions through accurate trade capture and the usage of timely and accurate market data. Ensure positions and daily P&Ls are updated accurately and able to explain underlying reason for movements.
  • Reconcile between traders, brokers, and systems, including revaluing positions to current market prices (mark-to-market) and analyzing past due contracts.
  • Manage timely market price curve calculations and validate 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 promply follow up on corrective action.

70% Accounting Processes & Procedures / Continuous Improvement

  • Validate, reconcile, and report month-end trading P&L, including mark-to-market and P&L attribution. Communicate results and explain underlying reasons for movements to key stakeholders.
  • Perform month-end financial reporting and analysis, financial statement reviews, and conduct financial analysis of the balance sheet to ensure proper controls over financial reporting.
  • Provides technical accounting data and information to Finance and Business partners, and collaborates with A&F peers and cross-functional colleagues to determine key financial information to include in the financial and management reporting package.
  • Monitors and measures compliance to the internal global control framework
  • Identify and implement process simplification, standardization and automatization on position reporting and accounting to improveeffectiveness and efficiency.
  • Actively participate in new systems implementations as a trading subject matter expert.

Qualifications

Required Qualifications
  • Bachelor s Degree with a preference of focus on
    Accounting, Finance, or Risk Management
  • Minimum 5 years of accounting and/or commodity
    risk management experience
  • Self starter with a curious and inquisitive mind
    with proven ability to challenge and influence changes
  • Strong financial analysis skills
  • Ability to communicate effectively with many
    functional groups and levels both written and orally.
  • Strong computer skills with proficiency in
    Excel.
  • Demonstrated ability to manage multiple
    priorities/projects effectively.
  • Demonstrated strong problem-solving and
    analytical skills.
  • Demonstrated ability to lead cross functional
    initiatives
  • Strong attention to detail.
  • Demonstrated understanding of and commitment to
    internal controls.


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