Process Executive - Insurance Risk

Role Purpose Statement

The overall responsibility of the Risk Specialist is the accurate and timely annual review of counterparties, assigning of accurate credit limits considering potential exposure of Business partners for existing business partners as well as New counterparties. Detailed annual review includes the evaluation of financial statements, checking customer's payment history and payments terms allowed, mark to market limits, PFE calculations and securing the open credit with Insurance. Preparation of scorecard is also an important activity applicable for the limits above the threshold >350K USD. Approvals to be obtained for higher grades/credit limits as per Bunge Global Credit Policy. It's a critical role as activities and deliverables of this role directly impacts the Bunge's business with it's business partner's across the globe.