Cargill Compliance Specialist in Sofia, Bulgaria
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
Position Purpose & Summary
Global regulatory requirements impacting Cargill have significantly increased since the global financial crisis. Regulators and exchanges have also increased their scrutiny of existing requirements. This position plays a critical role in supporting the cash, derivatives and surveillance aspects of Cargill’s commodity markets compliance program.
This position is responsible for reviewing initial trade and communications data and compliance with cash transaction processes. The person in this role will work with other team members, the team manager and the wider compliance group and have extensive interaction with support teams in business groups engaged in commodity markets (cash and derivative) activity across Cargill globally.
This position is responsible for collecting, analyzing and following up on data regarding derivative transactions, positions and accounts and related physical market activities across the global organization, monitoring for compliance with key regulatory rules applying to derivatives and ensuring that we meet external financial regulatory reporting requirements.
50% Market Abuse monitoring system
Conduct initial review of alerts generated by the trade surveillance system and assess significance of flagged trades pursuant to guidance
Coordinate follow up with Surveillance team and wider Compliance team members
Conduct initial reviews of communications
Escalate matters to appropriate professional staff for further review
Maintain records and report to CMCG leadership on trends and outcomes
Coordinate follow up with Surveillance team and wider Compliance team members.
40% Cash and Derivative Transaction Monitoring
Daily upload verification
Account and product mapping
Trade Repository Data Validation
Non-competitive trade process reviews (EFRP/EFS/Block/Back Office Transfers)
Review CPRS/CRM Tool transactions against PAF requirements
Monitor Cash Reporting Data (CFTC 204/304 Reports) submissions
Periodic review of position data back to source systems.
10% Other Monitoring activities as function evolves
Data on active traders and training status
CMCG website maintenance.
Minimum Required Qualifications
Bachelor’s degree or equivalent
3 years of work experience
Exceptional English (reading/speaking/writing)
Database and system skills
Attention to detail
Problem solving and analytical skills and conceptual strength
Good communication skills; ability to work across cultures and time zones
Organized and good sense of priorities
Ability to build global/virtual relationships
5 years of experience
Previous regulatory compliance experience
Knowledge of cash commodity markets
Knowledge of derivatives markets
Previous experience of regulatory/risk reporting or accounting
Language skills (French, German) a plus
Familiarity using a third-party vendor website system.
Interested? Then make sure to send us your CV and cover letter in English today.
Follow us on LinkedIn: https://www.linkedin.com/company/cargill
Primary Location BG-08-Sofia
Job Type Standard
Shift Day Job
Req ID: SOF01281