City : Mohali
State : Punjab (IN-PB)
Country : India (IN)
Requisition Number: 47984
Job Description
Business Title
Associate Manager - Middle Office
Global Job Title
Anl II Fin Risk Mgmt/Pos Rptg (BS-RM2929)
Global Function
Business Services
Global Department
Middle office
Organizational Level
8
Reporting to
Manager/Sr. Manager
Size of team reporting in and type
Role Purpose Statement
• Perform daily risk positions and explaining the variance.
• Weekly status update to reporting manager related to Future posting & confirmations.
• Posting of Future/Option in SAP based on the trade happened in exchange.
• Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Preparing the daily PnL based on the market price movements.
• Reconciliation of Balance sheet accounts in One Stream.
• Review & preparing different types of risk reports, e.g. Freight exposure etc. for senior leadership.
• Perform the MTM calculation on month end.
• Updation of tracker related to daily, weekly and monthly activities.
• Posting the MTM in SAP on weekly / Month end.
• Presentation of monthly MTM issues to FP/ Controller on monthly basis.
• Responsible for reconciling the Intercompany MTM with other Bunge entities on month end.
• Complying with Sarbanes Oxley Standards.
• Ensure the internal finance controls, procedures in place and in compliance with company policies.
• Preparing the MTM adjustments and sharing with Trade accountants to post.
• Identify & resolve mismatches in IC balances with counterparties.
• SOP Preparing and updating as per current process time to time.
• Liaising with auditors (Internal and external) and responding to their queries.
• Testing for upcoming projects if any
Main Accountabilities
Derivatives related activities (Future/Option/Swaps)
Daily Risk Position Analysis
Month end activities (MTM Pre & Post)
Sox Compliances
One Stream Reconciliation etc.
Knowledge and Skills
Behavior
Use knowledge of Bunge’s business, structure and