Counterparty Risk Manager

Recruiter:

Frank Consult

Job Ref:

682409756

Date posted:

Thursday, March 20, 2025

Location:

Stellenbosch, South Africa

SUMMARY:
-

POSITION INFO:

Company: The international commodity trading division of a publicly traded US Fortune 500 group of companies is seeking a Global Counterparty Risk Manager. This division sources and trades grains for human and animal consumption, including wheat, corn, soybeans/meal, and wheat bran throughout Africa, the Americas, Europe, and Asia. Its main trading offices are based in Stellenbosch – South Africa, Douglas – Isle of Man, Bogota – Colombia, Monaco, and Lima - Peru.

Role Overview: The Counterparty Risk Manager oversees global counterparty risk management, monitoring, and reporting for all trading locations. Location could be based at any of the major trade office locations.

Job Description:

Ensuring compliance with and continued relevance of counterparty credit risk policies within any corporate directives.
Quantification, monitoring, management, and reporting of all counterparty risk.
Weekly aging summary of global credit exposures with commentary regarding risk and remediation strategies.
Monitoring of contractual sales terms to ensure compliance.
Collaboration with regional Traders, Managing and Finance Directors regarding counterparty risk.
Oversight of counterparty acceptance processes and standing data.
Providing risk-based solutions and products to mitigate counterparty risk.
Evaluations of country risk and reporting.
Oversight and management of all credit insurance and related service provider relationships.

Personnel Activities: Interaction with global trade administration and accounts receivable functions, as well as with management and financial leadership.

Qualifications/Experience Required:

Counterparty risk experience and/or relevant qualifications with 5+ years of practical experience.
Commodity trade exposure would be beneficial but is not a requirement.
Excellent interpersonal and communication skills.
Demonstrated exposure to management executives for reporting and risk management.
An understanding of and ability to negotiate commercial implications of counterparty and credit decisions.
Team leadership and people management skills are essential.
Demonstrable technology and MS365 proficiency with any automation or AI/ML exposure beneficial.
Ability to work flexibly to strict time deadlines.
Time management skills to manage and prioritize tasks to achieve deadlines.
Excellent English language with Spanish and/or French beneficial.

Similar jobs you might be interested in:

Counterparty Risk Manager
Location: Stellenbosch
Salary:
78 days ago

Infrastructure Manager
Location: Cape Town
Salary: market related Monthly
Manage all IT Infrastructure operations in Cape Town, Johannesburg, regional Offices, not limited to local officeBe available in providing solutions and advice and issue resolution to IT personnel who support physical infrastructure, clients facing branches throughout Southern AfricaOversee the installation, configuration, maintenance and troubleshooting of all networks related WAN/ LAN/ WLAN netw...
16 days ago

Operations Coordinator (Office Administration - 12 Months Contract - WITS RHAP)
Location: Rosebank
Salary: Monthly
Background: The Rural Healthy Advocacy Project (RHAP) is a division of WITS HEALTH CONSORTIUM that seeks to promote fair and equal access to quality healthcare for rural communities throughout South AfricaRHAP identifies and supports health policy and financing strategies that address systemic disparities that disadvantage rural areas and vulnerable populations in the public health sector by ...
1 day ago

Operations & Administration Manager - Edgemead, Cape Town (Western Cape, SA)
Location: Edgemead
Salary: Market related
Operations & Administration manager - Edgemead, Cape Town (Western Cape, SA) We are currently rec
1 day ago

Production Manager
Location: Cape Town
Salary: 45000 Monthly
Our client is a company primarily in the plastic packaging industry, specifically specializing in rigid plastic packaging. They manufacture various types of plastic packaging for different sectors like toiletry, cosmetic, household, pharmaceutical, and food, focusing on customized solutions.
7 days ago

Junior Project Accountant (CT)
Location: Cape Town
Salary: 25000
Our client, a well-known Engineering Consulting company who provides multi-disciplinary engineering designs and sustainable solutions to the build industry, requires the full-time services of a Junior Project Accountant for a permanent position based in Cape Town, to join their dynamic team ASAP! This company offers career growth opportunities in large projects nationwide in a fast-growing environ...
9 days ago

LEGAL BOOKKEEPER
Location: Cape Town
Salary: 25000
LEGAL BOOKKEEPERCAPE TOWN CBDMARKET RELATED SALARY
9 days ago

Travel Support Manager
Location: Cape Town
Salary: R24 000
Join a World-Class 5-Star Hospitality Group!Are you passionate about wellness, mindfulness, and luxury hospitality? A prestigious 5-star Hospitality Management Company is seeking an experienced Travel Support manager with strong customer service and communication skills to join the team. Knysna | Onsite | Permanent | R24k - R30k pm
16 days ago

Operations & Administration Manager - Edgemead, Cape Town (Western Cape, SA)
Location: Edgemead
Salary: Market related
Operations & Administration manager - Edgemead, Cape Town (Western Cape, SA) We are currently rec
21 days ago

Production Manager
Location: Ottery
Salary:
Our client in Ottery, Cape Town is seeking an experienced Production manager to join their manufacturing team. The ideal candidate will have a Matric certificate and an NQF Level 6 qualification in Production or Operations Management, along with a minimum of 5 years’ experience in a similar role within the manufacturing industry. Proficiency in Microsoft Office (Word, Excel, PowerPoint) is e...
Today