Cargill Counterparty Risk Analyst in Kuala Lumpur, Malaysia
Counterparty Risk Analyst
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
Position Purpose & Summary
This position is responsible to monitor counterparty risk portfolio of CAN business in the designated locations.
As for counterparty risk, this position will perform counterparty risk assessment, making credit decision that balancing credit compliance and business needs; perform business partnering with the location in resolving credit issues (overdue, bad-debt, assets recovery, credit limit gap analysis) within its portfolio.
Credit is a key contributor in the overall success of CAN Malaysia business. This role will require excellent business partnering and persuasion skills in order to manage risks and business objectives.
70% - Counterparty risk management and Monitoring Collection
Counterparty risk management
Ensure full compliance to CAN Enterprise Credit Policy and Location Credit Policy in the day to day activities
Actively driving improvement of local processes or defining follow-up action plan to address such non-compliancy
Provide training and ensure relevant stakeholders understand policy and procedures and execute accordingly.
Credit decision making and management
Perform independent credit assessment on limit request
Approve credit exposure request within the delegated approval authority
Initiate for credit risk mitigation solutions
Ensure proper documentation in place as required by the policy and or credit approval
Design and monitor credit key performance indicators; work with business leaders for root causes analysis of performance
Oversee Reporting & monitoring, manager AR quality of CAN Malaysia against target
Work closely with CBS Finance Team to ensure reporting is done on time and completely. Ensure sufficient early warnings signs are given to the business when payment behaviors of customers is out of line.
Provide in-depth analysis on AR Quality and determine action plans for improvement
Ensure compliance with insurance policy for location where applicable;
Owner of collection strategy and ensure relevant stakeholders are handled collection activities properly
Review and approve hold and release at delegated authority or escalate to approvers as defined under local credit annex;
Work with legal for litigation process for bad debt cases.
30% - Business Partnering
Provide risk mitigation solutions and facilitate various risk discussions with business teams and leaders while keeping in mind the growth/ expansion of business.
Exploring availability of financing solutions in the market
Actively provide analysis to the business for potential solutions for customers
Create a culture of cooperation and maintain a sound communication between the commercial teams.
Perform customer visit to develop understanding of the market and business requirement and demonstrate such understanding in his/her credit decision
Education, Experience, Skills
Minimum Required Qualifications
Minimum 5 years of accounting or finance experience.
Strong accounting experience with technical knowledge in Counterparty risk management.
Strong Learning and execution agility
Demonstrated change agility.
Strong problem solving and analytical skills.
Demonstrated ability to understand and use technology to improve process and control.
Excellent communication skills, both written and verbal.
Business level of English Proficiency, both written and verbal.
Preferred Required Qualifications
Bachelor’s Degree in Finance or Accounting
Proficient knowledge in current business financial processes and systems.
Experience in structuring credit/ financing solutions
Familiarity in animal feed farm industry, animal husbandry or agricultural environment
Demonstrated ability to create a team culture of continuous improvement, process optimization and intellectual curiosity.
Other relevant information to the position
Ability to travel 25% of the time into location’s sites and key customers
This is a key role for the CAN and a good opportunity to gain deep insights in the company and its customers. As this role is vital to the commercial success of the business,
Various Risk Management expertise in actual business can also be demonstrated/ applied in other industries.
Opportunities to learn other businesses and involved in other aspects of financial risk management
Primary Location Malaysia-Kuala Lumpur-Kuala Lumpur
Job Type Standard
Shift Day Job
Req ID: KUA00380