Trading Receivable Risk Manager

2 weeks ago

Chennai, Tamil Nadu, India SHELL Full time ₹ 12,00,000 - ₹ 36,00,000 per year
Job Description

India

Job Family Group:
Finance

Worker Type:
Regular

Posting Start Date:
September 25, 2024

Business unit:
Finance

Experience Level:
Experienced Professionals

:

Purpose:
Responsible for ensuring Trading & Supply- East receivables are collected per terms, ensuring swift dispute resolution and proper actions/escalation occur timely on all past due balances; blending financial credit risk with receivable exposure risk in decision making; and optimizing receivables performance to minimize losses. Acts as the subject matter expert with respect to knowledge of 3rd party overdues, status, and actions required to resolve the respectable business/commodity under T&S.

Dimensions:

  • Monthly Ave Overdue Receivables ~125Mln
  • Monthly Ave Trade Receivables ~1.8Bln
:
  • Provides advice and assistance to FO settlements teams for collecting overdue balances.
  • Connects and collaborates with senior management (VPs, RTLs, GMs, CCMs) on a monthly basis providing updates on overdue issues needing attention.
  • Coordinates with T&S underwriting for actions to reduce/amend credit terms or tenors in response to payment issues/D&B alerts.
  • Liaises with Shell legal and compliance for bankruptcy proof of claim submittals and status of existing claims, initiate external attorney placements assuring proper internal approvals and legal remedies are utilized to recover aged receivables timely.
  • Engages external counterparties for discovery on overdue balances and payment solutions.

Accountabilities:

  • Proactively manage a multi-billion global 3rd party receivables portfolio for Shell T&S divisions, provide vision and recommend/deliver business strategies up to Head of UW and RRM and appropriately escalate/communicate knowledge of customers which threaten non-payment or potential for default.
  • Produce and continually review/modify KPI's and global aged receivable dashboards to drive desired results, review, assess and submit provisions for doubtful debts or write-offs to appropriate Finance Managers or VP per MOA, ensure proper collateral utilization globally when delinquencies occur.
  • Drives global targets to ensure cash flow is maximized and bad debt is minimized to enable business growth.
  • Consistently provide vision and recommend/deliver business strategies (agreed to with Finance Operations) which will increase efficiencies and the effectiveness of collection efforts to support long term sustainable performance results.

DISCLAIMER:
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

Locations:
SHELL CENTRE CHENNAI

  • Manager - Accounts Receivable

    1 week ago

    Chennai, Tamil Nadu, India Larsen & Toubro Infotech Ltd Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Job Description Accounts Receivable Minimum QualificationMaster of Commerce (MCom) The Manager Accounts Receivable is responsible for managing the complete accounts receivable process, ensuring accurate invoicing, efficient collections, robust credit control, and compliance with statutory requirements. This role plays a critical part in sustaining the...

  • Market Risk Manager- Energies

    2 weeks ago

    Chennai, Tamil Nadu, India Shell Full time ₹ 1,00,00,000 - ₹ 3,00,00,000 per year

    The purpose of this position is to be theMarket RiskManager for Shell Energiesand to lead a team of process managers/experts & STM's who work with the Market Risk Organization and the various business partners to ensure the Shell Energies Risk is reported and evaluated as per T&S design, engage business to ensure trading is conducted within the prescribed...

  • Cash and Trade Proc Rep

    7 days ago

    Chennai, Tamil Nadu, India Citi Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    The Cash and Trade Proc Rep 5 is an entry level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team. The overall objective is to perform moderately complex cash & trade operation tasks, by providing processing assistance for assigned projects.Responsibilities:Perform cash management...

  • Manager, FCSO Trade Monitoring

    5 days ago

    Chennai, Tamil Nadu, India Standard Chartered Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job ID: 39736Location: Chennai, INArea of interest: OperationsJob type: Regular EmployeeWork style: Office WorkingOpening date: 16 Sept 2025Job SummaryReview level 2 AML alerts/events in line with the Trade AML Procedure DOI and Guidance document.To escalate any positive alerts to country FCC for their review and decision.To ensure implementation of Trade...

  • Cash and Trade Proc Rep 5

    2 weeks ago

    Chennai, Tamil Nadu, India Citi Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    The Cash and Trade Proc Rep 5 is an entry level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team. The overall objective is to perform moderately complex cash & trade operation tasks, by providing processing assistance for assigned projects. Responsibilities:Perform cash management...

  • Market Risk- Manager and Senior Specialist

    1 week ago

    Chennai, Tamil Nadu, India Shell Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job DescriptionIt is recognised that the size & complexity of Shell Trading & Supply (T&S) has increased substantially over the past few years & the expectations around risk management from a regulatory perspective have also shifted for Energy trading As a result, & also recognising the potential to unlock additional value from enhanced risk management of...

  • Specialist - Market Risk

    3 days ago

    Chennai, Tamil Nadu, India Shell Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    What's The RoleThe Market Risk Specialist is responsible for preparing and analyzing daily profit and loss for crude oil trading desks, including the monitoring of positions against limits (i.e. volumetric risk measures, VAR etc.). The analyst will gain an understanding of the types of transactions and strategies used by the trading desk to understand the...

  • Trade & Transaction Reporting Analyst (Regulatory Reporting)

    2 weeks ago

    Chennai, Tamil Nadu, India NatWest Group Full time US$ 90,000 - US$ 1,20,000 per year

    Join us as a Trade & Transaction Reporting AssociateYou'll be at the forefront of protecting the bank and supporting with the design, development, and undertaking of assurance activity on an end-to-end basisThis is a varied role, where you'll be supporting with exception management, reconciliations, controls testing, process management and issue...

  • Model Risk Manager

    2 weeks ago

    Chennai, Tamil Nadu, India Mizuho Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Mizuho Global Services India Pvt. Ltd.Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called 'Mega Banks' of Japan. MGS was established in the year 2020 as part of Mizuho's long term strategy of creating a captive global processing centre for remotely handling banking and IT related...

  • Executive - Account Receivable

    2 weeks ago

    Chennai, Tamil Nadu, India Teleperformance (TP) Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Employment Type: Full Time (On-site)Department: Finance Accounts ReceivableAbout the RoleWe are seeking a detail-oriented and proactive O2C Collections Specialist to join our Finance teamThis role is critical in managing the end-to-end collections process, ensuring timely receipt of customer payments, and maintaining healthy cash flowYoull be the key liaison...