Credit and Risk Management Expert

1 day ago


Fatih, Istanbul, Turkey Bunge Iberica SA Full time
Job Description:

Credit and Counterparty Risk Specialist

We are seeking a highly skilled Credit and Counterparty Risk Specialist to join our team in Istanbul. As a key member of our risk management team, you will be responsible for managing counterparty risk analysis, obtaining and reviewing financial information, analyzing credit grades, and monitoring exposure limits.


Responsibilities:
  1. Manage counterparty risk analysis in accordance with Bunge policies, including KYC checks and due diligence, assigning credit grades via financial analysis, limits and payment terms, and approves exposure limits within delegated authority, escalation of exceptions.
  2. Obtain, review and analyze financial information, bank and trade references, counterparty websites, region risk data, trade and logistics details.
  3. Improve accurate maintenance of counterparty information (grades, approvals, etc.) in credit systems.
  4. Monitor Counterparty analysis renewal dates.
  5. Follow-up of customer's overdue invoices and communicating with sales team and customers about overdues.
  6. Making credit analysis and monitoring external warehouses.
  7. Support on growing the culture of credit & counterparty risk with traders, commercial teams, local management and internal stakeholders.
  8. Coordination with counterparties on behalf of the company.
  9. Constantly follow up with credit risk information on key issues, like compliance issues, market risk, and legal issues.
  10. Oversee composition of recommendations related to policy or procedural changes.
  11. Measuring risk and following exposure by using Delta system on credit analyses.
  12. Setting credit limit with other approvers and take necessary actions within the delegated authority.

Requirements:
  1. University Degree preferably in Business Administration, Economics, Mathematics, Finance or Engineering; Master's degree is a plus.
  2. 2 years of credit and counterparty risk management and financial analysis experience or bank experience.
  3. Experience within commodity trading world is preference and understanding in agribusiness dynamics is a plus.
  4. Understanding of credit risk analysis ratios.
  5. Highly computer literate with a good working knowledge of Excel, MS Office suite, SAP /other ERPs.
  6. Understanding of compliance risk.


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