Credit and Counterparty Risk Specialist- Istanbul office

Location : Istanbul 

City : Istanbul 

State : İstanbul (TR-34) 

Country : Türkiye (TR) 

Requisition Number : 35169 

Are you ready for a new stage in your career in one of the biggest companies in Agri and Food Business? You probably have heard about our local brands Salat and Komili so how about applying for our Credit and Counterparty Risk Specialist: role in Istanbul?

Read the vacancy below to learn more about it and please submit your application as English version!

What will you be responsible for as an Credit and Counterparty Risk Specialist:

• Manage counterparty risk analysis in accordance with Bunge policies, including:  KYC checks and due diligence, assigning credit grades via financial analysis, limits and payment terms and approves exposure limits within delegated authority, escalation of exceptions.
• Obtain, review and analyze financial information, bank and trade references, counterparty websites, region risk data, trade and logistics details
• Improve accurate maintenance of counterparty information (grades, approvals, etc.) in credit systems
• Monitor Counterparty analysis renewal dates.
• Follow-up of customer’s overdue invoices and communicating with sales team and customers about overdues
• Making credit analysis and monitoring external warehouses.
• Support on growing the culture of credit &counterparty risk with traders, commercial teams, local management and internal stakeholders
• Coordination with counterparties on behalf of the company
• Constantly follow up with credit risk information on key issues, like compliance issues, market risk, and legal issues
• Oversee composition of recommendations related to policy or procedural changes.
• Measuring risk and following exposure by using Delta system on credit analyses
• Setting credit limit with other approvers and take necessary actions within’ the delegated authority

What do we expect from our future colleague?

• University Degree preferably in Business Administration, Economics, Mathematics, Finance or Engineering; Master’s degree is a plus
• Between 2 to 5 years of credit and counterparty risk management and financial analysis experience or bank experience
• Experience within’ commodity trading world is preference and understanding in agribusiness dynamics is a plus
• Understanding of credit risk analysis ratios
• Good communication skills
• Highly computer literate with a good working knowledge of Excel, MS Office suite, SAP /other ERPs
• Fluent in English.
• Understanding of compliance risk
   

What do we offer:

• A competitive salary and great benefits package (medical services, lunch allowance, contribution to private pension, etc.)
• Work within an international and experienced team
• The freedom to contribute in an impactful way to the business.

We are Bunge

Bunge is a global agribusiness with one mission – we connect farmers to consumers to deliver essential food, feed, and fuel to the world. We have unmatched global scale and deeply rooted relationships which allow us to bring innovative ingredients and knowledge to some of the world’s biggest brands – many of which are likely in your home right now. 

We know that to achieve our mission and deliver the best results to our customers, each other, and the world we need to work together – so we hire talented people who are passionate, bold, and driven to work as One Bunge. This dedication is deeply embedded in our culture and reflected in the way we work.

Every day our people exemplify these values, which represent Bunge at its core:

If this sounds like you, join us! We value and invest in people who believe in our purpose and are excited to live it every day – people who are #ProudtoBeBunge.

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. 

#LI-TN1

#LI-SG2

#LI-SG2

We are Bunge

Bunge is a global agribusiness with one mission – we connect farmers to consumers to deliver essential food, feed, and fuel to the world. We have unmatched global scale and deeply rooted relationships which allow us to bring innovative ingredients and knowledge to some of the world’s biggest brands – many of which are likely in your home right now. 

We know that to achieve our mission and deliver the best results to our customers, each other, and the world we need to work together – so we hire talented people who are passionate, bold, and driven to work as One Bunge. This dedication is deeply embedded in our culture and reflected in the way we work.

Every day our people exemplify these values, which represent Bunge at its core:

If this sounds like you, join us! We value and invest in people who believe in our purpose and are excited to live it every day – people who are #ProudtoBeBunge.

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. 

#LI-SG2