Associate Team Lead- OTC

Location : Mohali

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 39649

Job Description
Business Title
Associate Team Lead-OTC

Global Job Title
Anl II Finance OTC

Global Function
Business Services

Global Department
Finance - Order To Cash

Organizational Level
9

Reporting to
Team Lead - CTC

Size of team reporting in and type
Nil

Role Purpose Statement
The Order to Cash (OTC) Associate Team lead will be the owner of the process e.g. Credit & Compliance, Insurance policy renewal and claims settlements, Bank Guarantees, Weekly & daily Reports, .

Main Accountabilities

• Perform credit assessment and counterparty risk review, prepare score card for credit assessment.
• Liaise with other departments and to seek approvals on counterparty credit risk assessments.
• Conduct due diligence on counterparties.
• Credit assessment and grading for all counterparties. Ongoing Review of counterparties in adherence to Credit policy
• Database Management - Updating of summary sheet and saving all the approvals for approved counterparties.
• Annual review of active counterparties.
• Highlight potential high credit risk counterparties.
• Monthly Warehouse Exposure report and highlight limit breach.
• Monthly Credit report.

Insurance policy renewals and Claims settlements:

• Coordinate with surveyor and transporter or plant team for survey after loss incident.
• Registered the claims and provide necessary documents for claim settlement.
• Prepare insurance claim MIS and share fortnightly with respective stakeholders.
• Prepare import shipments detail and share with R2R team for amortization.
• Renewal of Insurance Policies, IAR, Standard Fire & Special Perils, Package Policy, CGL Policy, Directors and officers Policy (D&O), Pollution Legal Liability (PLA).
• Renewal of Marine Policy, Domestic and Import.
• Coordinate with valuer for insurance appraisal.
• Sum insured enhancement time to time.

Skills
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

• Ability to provide high quality level of customer service for Counterparty credit risk assessments & reporting.
• Ability to work independently, efficiently and deliver high quality output under time pressure.
• In depth knowledge of Counterparties assessment and due diligence
• Good knowledge of concepts and procedures related to Counterparty credit risk assessments & reporting.
• Experience in SAP and workflow tools

Education & Experience

• 3 - 5 years of work experience in a similar role.
• Experience in Agribusiness/Commodity trading industry preferred.
• Experience working in Counterparty credit risk assessments & reporting.
• Minimum Education Qualification – / MBA finance from reputed institute.
• Independent and meticulous with figures.
• Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.
• Strong problem solving & organization skills.
• Experience in managing people and processes through a sustained period of change.
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Experience in ERP/ Accounting systems.

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. Veterans/Disabled