GM Financial Control

Job Description
Olam Agri
– A differentiated, and market-leading global agri-business focused on high-growth end consumption markets.
Our food, feed, fibre, agri-industrials & ag-services capabilities span 30+ countries, and we participate in global food and agri-trade flows, working with farmers and customers to connect local origins and global destinations. With a global origination footprint and processing capabilities, we transform food, feed and fibre to create value for customers and enable farming communities to prosper sustainably, to meet the changing consumption, food security and sustainability needs shaping the global food and agricultural landscape.
Job Description
As a GM Financial Control & Credit Risk you will play a dual role in safeguarding the financial health of the organisation. You will be responsible for assessing and managing credit risk associated with trading activities in the commodities market—particularly margin lending and trading—while also overseeing financial control functions. This includes evaluating the creditworthiness of counterparties, monitoring credit exposures, implementing risk mitigation strategies, and ensuring robust financial governance, reporting, and compliance. Your role is critical in maintaining financial discipline, supporting strategic decision-making, and ensuring adherence to internal policies and regulatory requirements.
Responsibilities
Finance Control:
Financial Reporting: Oversee accurate and timely preparation of financial statements, ensuring compliance with accounting standards and internal policies.
Budgeting and Forecasting: Lead the budgeting process and provide financial forecasts to support strategic planning.
Stakeholder Reporting: Provide financial insights and reports to senior leadership and external stakeholders as required.
Cost Control: Monitor and control operational costs, identifying areas for efficiency improvement.
Internal Controls: Design and implement robust internal controls to safeguard assets and ensure financial integrity.
Audit and Compliance: Coordinate internal and external audits and ensure compliance with statutory and regulatory requirements.
Cash Flow Management: Monitor cash flow and liquidity to ensure the organisation meets its financial obligations.
Risk Assessment: Evaluate credit risk associated with margin accounts and lending transactions. Analyse the creditworthiness of clients and counterparties and assess collateral adequacy.
Counterparty Credit Analysis: Set credit limits and monitor exposures.
Margin Policy and Procedures: Develop and enforce margin policies in line with internal and regulatory standards.
Margin Monitoring: Continuously monitor accounts for potential risks and violations.
Margin Call Management: Manage the margin call process and ensure timely resolution.
Risk Modelling: Use models and tools to quantify credit risk exposure.
Risk Reporting: Prepare regular reports for senior management and risk committees.
Additional Responsibilities
Model Development: Contribute to the development and validation of credit risk models.
Portfolio Risk Analysis: Conduct stress testing and scenario analysis.
Client Interaction: Address margin and credit-related queries and negotiate terms.
Cross-functional Collaboration: Work with trading, operations, and other risk teams to ensure integrated risk and financial management.
Policy Development: Update credit risk and financial control policies in line with best practices.
Regulatory Awareness: Stay informed on relevant regulations affecting both credit risk and financial reporting.
Requirements
Chartered accountant or master\'s degree in finance, economics, risk management, or a related field.
Solid understanding of financial markets, trading products, and margin trading concepts.
Experience in credit risk assessment, preferably in a margin trading environment.
Familiarity with risk modeling, financial analysis, and statistical techniques.
Knowledge of relevant financial regulations and compliance requirements.
Strong analytical skills and attention to detail.
Excellent communication and interpersonal skills to collaborate with internal teams and external clients.
Ability to work in a fast-paced and dynamic trading environment.
Relevant certifications (e.g., FRM, CFA) are advantageous but not mandatory.
Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.
Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr