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Senior Manager, Derivatives Compliance

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Date: Mar 9, 2023

Location: Chesterfield, MO -Missouri, US, 63017 Washington D.C., DC -District of Columbia, US IL -Illinois, US, 60605

Company: Bunge

Position Summary: 
Senior Manager, Derivatives Compliance supports the Director, Global Derivatives Compliance in the administration of Bunge’s Derivatives Compliance Program. The primary functions of the role are to serve as the lead advisory compliance professional for the derivatives compliance program in the Americas and maintain the Company’s compliance with rules and regulations of local and global exchanges (i.e., CME, CFTC, ICE, MGEX, etc.). This role performs these functions in accordance with company policies, procedures, and relevant laws and regulations. The overall purpose of this role is to support the development, implementation, maintenance, and continuous improvement of the derivatives compliance program.


The Senior Manager, Derivatives Compliance will serve as the primary point of contact for all traders in the Americas, and occasionally traders located in other offices in globally. This role is also responsible for responding to regulatory inquiries and examinations from exchanges and government regulators (i.e., CFTC, CME, and other foreign regulators). As such, the position will be required to interact with various stakeholders to obtain information to timely
resolve inquiries.  


The Senior Manager, Derivatives Compliance will report to corporate GEC department at Bunge headquarters in Chesterfield, MO. This role may also have global responsibilities to facilitate the administration and enhancement of Global Derivatives Compliance team. In addition, this role may work closely with local staff of various departments such as Traders, Risk Management, Controllers, Information Technology, and Legal to successfully support Bunge’s compliance programs and initiatives.


Principal Accountabilities

·         Assist in the development and administration of annual compliance training and education for Bunge Traders on compliance requirements.
·         Create educational materials analyzing and interpreting new laws, rules, and regulations, and communicate requirements and expectations to appropriate internal stakeholders.
·         Monitor regulatory actions and changes to further enhance the derivatives compliance program.
·         Work with internal stakeholders such as Trading, Legal, Risk, IT, Operations, etc. to address compliance issues associated with derivatives. 
·         Evaluate new product(s), and partner with internal stakeholders on the roll-out of the product(s) to ensure compliance with applicable rules, and existing trade and transaction reporting obligations.
·         Maintain compliance databases and perform regulatory filings, as necessary.
·         Prepare and submit hedge exemptions to the applicable government regulators and exchanges
·         Conduct derivatives compliance risk assessments and coordinate with stakeholders to identify and resolve control gaps.
·         Advise on industry developments through membership in trade associations and the review of trade publications
·         Provide guidance on regulatory changes and conduct complex regulatory analysis of CFTC and SEC rules.
·         Advise in the negotiation of trading agreements and agreements relating to compliance activities, such as license agreements, advisor agreements, questionnaires, bank inquiries, exchange notices etc.
·         Prepare and submit hedge exemptions to the applicable government regulators and exchanges.
·         Respond to regulatory inquiries and examinations from exchanges and government regulators, and interact with counsel, regulators, and auditors, as necessary.
·         Oversight of all trading activities, including trade surveillance and monitoring.
·         Ensure compliance with regulations including limits and capital requirements, and reporting of trades.
·         Monitoring compliance risk behaviors and investigate instances of non-compliance and escalate to appropriate teams/individuals.
·         Act as compliance lead on projects as necessary or appropriate.


The above description includes most significant duties performed.  However, other occasional work assignments not mentioned
are assumed to be included and would be in conformity with the value assigned to this position


Education and Experience Requirements: 
Bachelor’s Degree required in a relevant study such as business administration, accounting, finance, and law. Ideal candidate possesses a graduate level degree (i.e., Master’s or Doctorate).  
5- 10 years of experience as a regulatory compliance professional; preferred experience at an exchange or regulatory agency. 
Knowledge of global regulators and experience submitting hedge exemptions to the applicable government regulators and exchanges required. 
Experience coordinating with CFTC, CME, ICE, MGEX, etc. is a plus.
Candidate must be able to work in a diverse, high pressure, fast-paced, open office environment.
Excellent written and oral communications skills, including the ability to present investigative findings in an objective and unbiased manner.
Experience with global collaboration, project management, and leading teams in cross-functional projects.
High degree of initiative requiring little or no supervision, have strong organizational skills, sound judgment and the ability to multitask and prioritize assignments, solve problems, and meet deadlines.
Ability to work effectively within the organization, interact with junior and senior business personnel, and maintain discretion and confidentiality.
Required experience with Microsoft Office (i.e., Word, Excel, PowerPoint, Outlook, and Teams), and TRADESPARENT.
The ability to travel up to 20%.


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.


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

Nearest Major Market: St Louis

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