Market Risk Manager or Specialist

COFCO International is a global agri-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered is Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.

The Risk group is responsible for overseeing the trading activity, implementing metrics that quantify related performance and risk, and reporting relevant statistics and analysis to Management, various Control groups and Trading.

It is also responsible for analyzing, evaluating and approving structured transactions conceived by the Business Development and Origination teams.

With global activities and a strong risk presence in São Paulo - Brazil, COFCO International is seeking a Market Risk Manager or Specialist for the Brazil Region to be based in São Paulo – Brazil, to fully support our G&O and Softs trading platforms and to be part of a Global Risk Organization.

Reporting to the Regional Chief Risk Officer for the regions with a dotted line to our Global Head of Market Risk, you will be responsible for:

• Assist in the development of Market Risk Analytics and implementation of industry leading Market Risk Methodologies in the region.
• Develop Market Risk reports highlighting key risks to the Company’s portfolio and trading activity.
• Work with global peers within the Risk group to ensure that consistent controls, systems and processes are in place across the teams.
• Ensure that all Value-at-Risk movements are fully understood, reconciling how market movements and trading strategies have interacted to create the changes observed.
• Use market knowledge to understand and explain commercial activities and strategies. Measure and provide insights into the commercial performance.
• Provide insight into embedded optionality and risk profiles of assets.
• Manage the daily relationship with key stakeholders, including, Front Office, Operations, Finance including Product Control and IT.
• Use historical, fundamental and scenario-based analysis that can help in the evaluation of portfolio risk.
• Create analytical tools and models to capture risks related to assets and fixed commitments.
• Daily tasks to include a) risk reporting, b) Understanding trading strategies; c) Escalating and flagging risks to local and global senior management.
• Enforce the Global Market Risk Policy in the region.
   

Requirements:

• Previous experience working in agriculture trading environment either in market risk or research.
• Good understanding of agriculture markets including physical markets in Brazil. The candidate should have the ability to understand trading strategies and highlight trading risks.
• Ability to understand position management and price risk for a physical and future commodities book.
• To be a self-starter & show proactive actions.
• Strong Excel is a must. R / C# / SQL or Python is a plus.
   

COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.   www.cofcointernational.com

Please refer to our Candidate Privacy Notice (https://www.cofcointernational.com/data-privacy-center/global-candidate-privacy-policy/) to know how COFCO collects and processes your personal data during your job application.