Madrid, 29, Spain
MidPart TimeSpanish
17 minutes agoView role
Role Purpose Statement
The overall responsibility of this role is to manage annual review of counterparties accurately and in timely manner, assigning 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 financial statements, checking customer's payment history and payments terms allowed mark to market limits, PFE calculations and securing open credit with Insurance. Preparation of scorecard is also an important activity applicable for the limits above the threshold >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 deliverables of their role directly impacts the Bunge's business with its business partners across the globe.
Main Accountabilities
1. Perform annual review of existing counterparties and assign 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 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
2. Identify process improvement ideas and handle exceptions by performing root cause analysis.
Knowledge and Skills
Behavior
Improve Bunge's outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy.
Collaborate, effectively communicate with others and take initiative to continually develop themselves.
Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change."
Technical
Education & Experience degrees (Graduation, MBA, CMA or CA)
Distinct Advantage
At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our team of ~34,000 dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.
Every day our people exemplify these values, which represent Bunge at its core:
• We Are One Team – Collaborative, Respectful, Inclusive
• We Lead The Way – Agile, Empowered, Innovative
• We Do What’s Right – Safety, Sustainability, With Integrity
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
