Team Lead-Middle Office

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number: 48907

Job Description

Business Title Team Lead - Middle office (DCVC)

Global Job Title Sr Anl Fin Risk Mgmt/Pos Rptg (BS-RM2629)

Global Function Business Services

Global Department Middle office

Organizational Level 13

Reporting to Associate Manager

Size of team reporting in and type 4-5

Role Purpose Statement

• Review & perform daily risk positions and explain the variance & work to fix regular issues if any.
• Responsible for review of Future/Option posting in SAP if there is any issue that needs to be fixed.
• Review & monitoring SOX control adherence by the team
• Review the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Review daily reconciliation with Trader PnL.
• Review the daily PnL based on the market price movements.
• Review of Reconciliation of Balance sheet accounts in One Stream.
• Perform/Review the MTM calculation on month end & provide support to other team members.
• Posting the MTM in SAP on Month end and handling queries from Stakeholders if any.
• Responsible for reconciling the Intercompany MTM with other Bunge entities on month end,
• Presentation of monthly MTM issues to FP/ Controller on monthly basis.
• Ensure Team is Complying with Sarbanes Oxley Standards
• Ensure teams are complying with internal finance controls, procedures in place and in compliance with company policies
• Review & Preparation of SOP and updating as per current process from time-to-time along with team
• Preparing and updating process documentation and to keep up to date all the time
• Liaising with auditors (Internal and external) and responding to their queries.
• Monitoring of testing to be done on agreed timeline
• Handling Sox queries and auditors (Internal and external) observation and responding to them.
  
  

Main Accountabilities Daily Activities : Risk Position, derivatives & Pnl to be on time.

Month end activities (MTM Pre & Post) and analyse the reason for IC difference.

Compliances : Audit / SOX & One Stream Reconciliation etc.

Lead in Automation project / testing / any other development etc.

Proper backups etc.

Adoptability with new changes time to time as suggested by the Management.

Provide support to Middle Office team in daily / weekly and monthly activities

Knowledge and Skills

Behavior Use knowledge of Bunge's business, structure and strategy to develop innovative solutions to improve results or eliminate problems.

Build partnerships, appropriately influence to gain commitment, foster talent and coach others to grow in current or future roles..

Drive results through high standards, focus on key priorities, organization, and preparing others for change.

Technical

• Experience in Agribusiness/Commodity trading industry preferred.
• Minimum Education Qualification – C.A. / CMA / FRM / MBA will be preferred.
• Good knowledge of concepts and procedures related to Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.
• Ability to provide high quality level of customer service for MTM, Intercompany and other reporting activities.
• Ability to work independently, efficiently and deliver high quality output under time pressure.
  
  

Education & Experience

• 3 -5 years of work experience in a similar role.
• Experience in Agribusiness/Commodity trading industry preferred.
• Minimum Education Qualification – C.A. / CMA / FRM / CFA / MBA will be preferred.
• Good knowledge of concepts and procedures related to Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.
• Ability to provide high quality level of customer service for MTM, Intercompany and other reporting activities.
• Ability to work independently, efficiently and deliver high quality output under time pressure and support to team for providing required results on time.
  
  

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