City : Mohali
State : Punjab (IN-PB)
Country : India (IN)
Requisition Number: 45373
Role Purpose Statement
The overall responsibility of this role is to manage annual review of counterparties the accurately and in timely manner , assigning of accurate credit limits considering potential exposure of Business partners for existing business partners as well as New counterparties. Detailed annual review includes the evaluation of finnacial statements, checking customer's payment history and payments terms allowed, mark to market limits, PFE calculations and securing the open credit with Insurance. Preparation of scorecard is also an significant activity applicable for the limits above the thershold >500K USD. Approvals to be obtained for higher grades/credit limits as per Bunge Global Credit Policy. It's a critical role as activities and dliverables of theis role directly impacts the Bunge's business with it's business partner's across the globe.
Main Accountabilities
1. Perform annual review of existing counterparties and assigning the credit limits ensuring accuracy and timelines
2.
Validate and approve the Credit review process steps performed by BOT for further updates in SAP and Share point tracker
3. Support centralized risk team with other tasks like industry updates in Delta, validating the Insurance and others
4. Bulk review - exemption from detailed annual review basis payment history
5. Intuitive Grading in case of insufficient Financial information
6. Credit history and compliance checks
7. Create risk reports using Tableau desktop version
8. Coaching trainees and newcomers on company and helping team members to work in a collaborative manner to achieve the desired objectives
9. Build good relationships with the teams/departments involved
Additional Responsibilities: -
1. Resolve all queries within defined timelines and ensure zero defects for the entire team
2. Identify process improvement ideas and handle exceptions by performing root cause an
📌 Team Lead (Sahibzada Ajit Singh Nagar)
🏢 Bunge
📍 Sahibzada Ajit Singh Nagar
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