Assistant Finance Manager - Commodity Risk Management

JOB TITLE: UI Assistant Finance Manager – Commodity Risk ManagementJOB LOCATION: Bangalore, IndiaRELOCATION TERMS: Local termsUNILEVER INTERNATIONAL IS…Unilever International is Unilever’s fastest growing and entrepreneurial business, EUR 1.2 billion inturnover. UI’s purpose is to serve the underserved – markets, consumers, channels, brands, workingin close partnership with Unilever’s Business Units (BU) and Business Groups (BG). UI isheadquartered in Singapore and has a global remit with teams spread across nine hubs (Singapore,US, UK, Korea, India, Dubai, France, Philippines, and Australia).PURPOSE OF THE ROLE…The successful candidate will lead Global Commodities and Risk Management Back office (BO)operations, reporting and compliance activities. It is an exciting opportunity to learn about the endto-end commodity hedging process and the application of various derivative instruments within it.The role gives good visibility and has regular engagement with both FO and MO teams, as well assenior Global procurement and finance leaders. The successful candidate will also lead andmanage an offshore team and play a pivotal role in relevant global projects and its roll out of newcommodities/ territories/ instruments/ exchanges.Key Responsibilities Operations Lead daily Trade confirmation, settlement and reconciliation of the respective derivativeinstruments Unilever utilizes for hedging purposes ie OTC, TFC/Paper Settlements & ETDand ensure follow-up and resolution of issues. Perform Monthly reviews and activities involving the following:Preparation of KPI Trackers for FO teamsAverage swaps (OTC) price verification & SettlementsCollateral Exposure management for OTC & management of CustodianC&RM Monthly Reconciliation and Month end Journals Governance and Compliance Continuously review risk management controls for counterparty and market risk. Coordinate with MO & other stakeholders (FO, Banks, Custodians, Legal etc) to set up newcommodities, counterparties, instruments & new processes for C&RM Pro-actively engage and partner MO/FO in analyzing impact of new regulations /agreements / compliances / margin and settlement rules with counterparties Regularly update SOPs & DTPs for sustainable processes Facilitate SOX / OCA & other regular audits of C&RM function Future fitting CRM BO Streamline and continuously improve to simplify the CRM BO processes-proactivelyidentifying and closing gaps and increasing efficiency Lead or be involved in Global simplification projects affecting CRM BO activitiesKey Requirements Degree in Accounting/ACCA/Finance Prior experience in Commodity Risk Management or any Treasury Hedging role is key Additional experience in Compliance/Audit roles is beneficial A high degree of integrity, personal self-discipline and a strong work ethic. Strong communication skills and ability to respond and deliver under pressure Highly numerate and analytical Excellent project management and analytical skills Must be a team player with a positive attitude and open mind