Risk Officer - Good analytical skills

• On daily basis, check and monitor positions including but not limited to M2M exposure, inventory exposure, long overdue receivables, prepayments, etc.
• Identify contracts that are not compliant with limited granted to the counterparty, such as: forward window, fixation window, payment terms vs in trust or credit limits, and escalate to Instant Risk Committee.
• Due diligence (compliance) check for new accounts on systems (CRM/GSOL) for Instant entities.
• Annual review of existing accounts for all entities and make necessary updates on the systems (GSOL/CRM)
• Maintain constant reporting to Head office (Geneva) Risk & Compliance Department and implement Group policy and address ad-hoc requests.
• Manage performance and credit risk insurance.
• Daily follow up over-limit alerts, question traders, seek approval from Instant Risk Committees or escalate to Group Risk Committee.
• Maintain correct and up-to-date limit on systems (GSOL/CRM)
• Review and coordinate with departments upon incurred risk related topics that would be assigned to the candidate by Risk Manager
• Become expert in execution and innovative to design/adapt new tools to increase productivity (i.e. digitalization)
• Become a key member of Instant Risk Committee
• Bachelor’s degree or equivalent, with a focus on Commodity Trading, or Risk is a plus.
• Other certifications, especially related to customs and/or legal are plus.
• Strong analytical and organization skills.
• Minimum 3 years working experience, experience in an international environment with global collaboration is a plus.
• Excellent knowledge of English.
• Knowledge of French and/or any other language is a plus.

Key results expected

• Issues are raised and solved within reasonable timeline.
• Escalations are made in due time to risk department, not later than 24 hours after the issue is identified.
• No high risk remains un-escalated to Group Risk & Compliance