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Process Executive / Associate Team Lead - Treasury

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Date: Aug 25, 2021

Location: PB, IN

Company: Bunge

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

 

This is a newly created role based in our Mohali office which is our Global Shared Service Center reporting to Senior Manager Treasury. He / she is responsible for performing foreign exchange (FX) transactional activities supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group. In addition, the Executive is also responsible for supporting Officers in transaction processing & issue resolution as well as other treasury operational tasks and reporting.       

 

Key Responsibilities

•             Monitor all FX requests received from internal counterparties

•             Perform sanity check on all incoming deals and route to relevant people if needed

•             Analyze remaining FX deals for potential netting before sending to FXall

•             Manage and monitor process of uploading deals from SAP to FXall.

•             For deals within their thresholds, taking hedging actions in full compliance with the agreed procedures stated hereby. For other deals, involve Regional FX dealers and monitor execution is done.

•             Manage and monitor process of downloading executed FX deals from FXall to SAP.

•             Overall process monitoring and making sure:

a.            all executed FX deals are recorded in SAP

b.            no FX deals are left unhedged

c.             no FX positions are created

 

Additional responsibilities:

•             Resolve queries within defined timelines

•             Support Officers in performing other treasury operational tasks and reporting

•             Identify ideas for process improvement utilizing industry leading practices

•             Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future

•             Provide all information, documents, and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader.

•             File and archive relevant documents

 

Knowledge and Experience

Function requirements

•             Minimum of 2-5 years relevant working experience in a finance role including some FX element (treasury, treasury control, middle office, etc.)

•             Basic understanding of the financial markets

•             Good understanding of FX products (forwards, swaps, NDFs, etc.)

•             Working experience with electronic trading platforms (and to a lesser extent Bloomberg) is a prerequisite

•             Working knowledge of SAP

 

Personal skills

•             Eye for detail

•             Structured, disciplined

•             Flexible, able to work under (time) pressure

•             Proactive, self-starter but also a team player

•             Excellent communication and customer focus skills

•             (Electronic) process minded

•             Strong analytical skills would allow for some additional (reporting) activities

 

Distinct Advantage

•             Experience working in a similar Shared Services Centre setup

•             Experience in processing of high volumes of transactions

•             Experience in SAP, workflow tools and document imaging systems

•             Willing to work in different shift timings including US shifts

 

There are 2 open positions: for US & Europe operations & the mandate will have to work in US / EU shifts – rotational shift.

 

If interested in the role & if you have the right skill sets, we would like to receive your CV and motivation. For more information, you can reach out to Anup Parchure at anup.parchure@bunge.com

 

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled


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