Risk Officer - Instant Coffee Trading

Company Description

Sucafina is the leading sustainable Farm to Roaster coffee company, with a family tradition in commodities that stretches back to 1905. Today, with more than 1,500 employees in 44 countries, we help stakeholders worldwide to find the perfect coffee solutions. We embed technology, innovation, and sustainability throughout the supply chain, creating shared value for all by Investing in Farmers, Caring for People, and Protecting Our Planet. For more information, visit www.sucafina.com.

Job Description

• 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

Qualifications

• Bachelor’s degree or equivalent, with a focus on Commodity Trading, or Risk is a plus;
• 2-5+ years' experience in Risk, Compliance, Contract Management, Trading, Commercial Operations, or Commodity Trading; Experience reviewing contracts, commercial agreements, or legal documentation;
• Strong understanding of risk assessment, controls, governance, and compliance processes;
• High attention to detail and accuracy
• Excellent English communication skills
• Ability to challenge stakeholders and escalate risks appropriately

Additional Information

• Excellence analysis and organization skills
• Ability to manage time and comply with deadline under stress
• Leadership & team spirit.
• Excellent and clear communication