• Risk Administrator Jobs in United States Of America - 25672401

  • Caterpillar Power India Pvt Ltd
  • United States Of America, Usa
  • Save Job
  • 5 - 7 Years
  • Posted : above 1 month

Job Description:

Risk Administrator - ( Job Number 2000002P )

To analyze and evaluate developments in commodity/foreign exchange markets, help develop strategies to manage commodity/foreign exchange price risks, recommend and implement strategies and maintain appropriate documentation Work closely with Global Purchasing to consult with purchasing employees on commodity and foreign exchange issues; provide commodity and foreign exchange training

Job Duties/Responsibilities may include, but are not limited to

Assess the companys risk exposure in selected commodities/currencies and analyze and evaluate factors that could impact the cost of covering those exposures Requires continuous contact with corporate bank traders and economists plus extensive reading on developments in assigned risk areas and hedging products Help develop strategies to manage assigned responsibilities

Works with Global Process Manager to implement approved strategies and must have knowledge of sophisticated commodity/foreign exchange instruments and option tools Recommends an appropriate price to trade and work with corporate banks for quotes

Prepare reports for upper management on a monthly, quarterly, and yearly basis Ensure coverage is within agreed limits and properly settle contracts Participate in quarterly review sessions with Corporate Treasurer, VP of Finance Services Division and Chief Financial Officer Must be able to explain selected strategies to this Executive management group

Set monthly peg rates and annual business plan rates for the company Prepare files for upload to the corporate general ledger and verify accounts balance Explain monthly marked-to-market results on outstanding contracts Lead Sarbanes Oxley (SOX), Internal Audit, and Price Waterhouse Coopers reviews for all commodity/foreign exchange derivatives Develop, update and maintain documentation for Risk Management audits to ensure acceptable controls are in place

Manages the Commodity/Foreign Exchange modules within the Quantum Treasury workstation Assists in managing the commodity/foreign exchange forecast process Manage interfaces between 360T (trading platform), Misys (confirmation platform), Quantum (contract management/reporting platform) and the Caterpillar accounting systems

Provides advice to business units on commodity risks and currency usage Train individuals on commodity/foreign exchange risk management best practices, often in formal presentations Has shared responsibility for training other risk management administrators in trading tools, policies and practices, system usage, and report preparation In addition to commodity responsibilities, the incumbent may have responsibilities in foreign exchange risk management

Employee may also be responsible for performing other job duties occasionally as assigned

Required Qualifications

* Bachelors degree within finance, accounting, business administration, or economics

* 5-7 years of finance related experience

Desired Qualifications

* Advanced university degree, particularly in finance, economics, or accounting
* Strong communication skills

* Experience in working on teams and in negotiating situations

* Highly developed computer and communication skills

* High level of responsibility, initiative, and stress tolerance

Additional Information

Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of the US which can be found through our employment website at wwwcaterpillarcom/careers

Relocation assistance is available for this position

EEO/AA Employer All qualified individuals including minorities, females, veterans and individuals with disabilities are encouraged to apply

Primary Location - United States-Illinois-Peoria

Job - Finance

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Manufacturing/Industrial
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 15th Jul 2020

Key Skills:

People who search this job also searched for the following Keywords

All rights reserved © 2020 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status