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Market Risk - Specialist

Date:  20-Sep-2022
Country:  India
Function:  Risk
Sub-Function: 

About Us

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to over 19,800 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of 4.8 million farmers. Through our purpose to 'Re-imagine Global Agriculture and Food Systems', Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Olam Information Services (OISL) is a captive subsidiary of Olam International, Singapore offering IT Services & Global Business Services across its operations in 65 countries in Asia, Africa, EU & Americas. In Chennai, we currently have onboard more than 1000 highly motivated employees. Olam Digital has received International Innovation Award 2019 for Best Services and Solutions.

Olam Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 6 Platforms: Finance, Supply Chain, People services, Risk & Market Compliance, Big Data Analytics and Business Intelligence. At this moment, OGBS is located in City of Chennai, India and provides its services to over 20 countries. Olam GBS has received Best Shared Services in India Award – 2019, by Shared Services Forum and Asia’s No.1 Shared Services in Process Improvement and Value Creation, 2019 by Shared Services and Outsourcing Network Forum.

Job Description

  • Daily Market risk reporting and analysis (Position reports, Value at Risk reports, Sensitivities, PnL reporting)
  • Consolidation of market risk positions across the business/ globe for reporting
  • Periodic validation of market data of agri commodities traded to compute Value at Risk
  • In depth understanding of agri commodities, risk concepts and the internal systems to seamlessly analyse the positions
  • Periodic consolidation  and review of currency exposures run across the globe
  • Escalate the limit breaches to Senior Risk Managers for immediate action
  • Independently manage the reporting changes and templates requested by Senior Risk Managers and quickly deliver on them
  • Perform various analysis like Sharpe ratios, Book Value tracking and weekly VaR for the portfolio
  • Collaborate with IT to systemise the manual reporting and to resolve day to day issues
  • Identify process improvements and automate/simplify the processes to improve productivity
  • Act as a back up for other team members during their absence to ensure service delivery

Profile Description

  • Prior experience of at least 5 years in the market risk domain in banks/banking captives/commodity companies
  • Proficient in VBA. Knowledge of Python/SQL is an added advantage
  • Good conceptual understanding of the market risk domain with knowledge of statistics
  • A Team player who can gel with team members and maintain good rapport with stakeholders
  • Ability to adapt working in a dynamic process that changes based on the market
  • Very good attention to detail

Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.

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