Compliance Senior Analyst, Derivatives and Commodities

cargill•Shorewood, MN

2d•$100,000 - $139,000

About The Position

Cargill is committed to providing food and agricultural solutions to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living. Our 155,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With over 160 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come.Job Purpose and ImpactThe Compliance Senior Analyst, Derivatives and Commodities will play a key role in managing and enhancing global governance and control frameworks related to derivatives and commodities compliance. This role supports a broad range of regulatory obligations tied to global and entity-specific licenses for the offering of OTC derivatives and commodity advisory services, with coverage spanning the U.S., Europe, and other jurisdictions. In this role, you will lead, and support initiatives related to compliance policies and control programs, regulatory recordkeeping and electronic communications governance, and global and entity-specific training programs. You will collaborate closely with stakeholders across commercial teams, finance, operations, credit, technology, legal, and other compliance professionals to identify, monitor, and manage regulatory risks associated with Cargill’s derivatives and commodity activities.Key Accountabilities With limited supervision, review business activities and vet proposed transactions, considering internal policies and guidelines as well as outside regulatory requirements to mitigate risk. With limited supervision, ensure that all activities comply with regulatory derivatives requirements Administer defined procedures, analyses and report preparation. Contribute to the use of metrics in the function to communicate and manage compliance risks. Advise on regulatory guidelines relating to commodity swaps and futures trading, and compliance with commodity trading advisor and swap dealer regulations. Draft and review policies, guidance, and business process documentation; complete regulatory findings. Collaborate with departments of the business including Sales, Trading, Technology, Credit, Middle Office, Finance, Operations, Accounting and Legal, as well as with Regulatory Compliance teams including Testing & Auditing, Business Support Network, Monitoring & Surveillance, and Regulatory Response & Implementation. Respond to and assist in the remediation of operational deficiencies impacting compliance and compliance testing findings. Support regulatory inquiries; conduct reviews into potential compliance issues, prepare responses, and recommend appropriate corrective actions. Work with more senior compliance and business staff when dealing with complex issues, larger clients, accounts, projects, analyses, or internal relationships. Independently handle complex issues with minimal supervision, while escalating only the most complex issues to appropriate staff. Other duties as assigned

Requirements

Bachelor’s degree in a related field OR equivalent experience
Minimum of four years of related work experience
Relevant experience in Regulatory Compliance, Operations, Finance, Accounting, Audit, Legal, Sales, Trading, or related field

Nice To Haves

Focused experience with swap dealers
Experience in regulatory compliance, derivatives or the financial services industry
Knowledge of commodity futures or swaps in agriculture, energy or metals markets
Experience utilizing data to communicate opportunity for risk mitigation

Responsibilities

Review business activities and vet proposed transactions, considering internal policies and guidelines as well as outside regulatory requirements to mitigate risk.
Ensure that all activities comply with regulatory derivatives requirements
Administer defined procedures, analyses and report preparation.
Contribute to the use of metrics in the function to communicate and manage compliance risks.
Advise on regulatory guidelines relating to commodity swaps and futures trading, and compliance with commodity trading advisor and swap dealer regulations.
Draft and review policies, guidance, and business process documentation; complete regulatory findings.
Collaborate with departments of the business including Sales, Trading, Technology, Credit, Middle Office, Finance, Operations, Accounting and Legal, as well as with Regulatory Compliance teams including Testing & Auditing, Business Support Network, Monitoring & Surveillance, and Regulatory Response & Implementation.
Respond to and assist in the remediation of operational deficiencies impacting compliance and compliance testing findings.
Support regulatory inquiries; conduct reviews into potential compliance issues, prepare responses, and recommend appropriate corrective actions.
Work with more senior compliance and business staff when dealing with complex issues, larger clients, accounts, projects, analyses, or internal relationships.
Independently handle complex issues with minimal supervision, while escalating only the most complex issues to appropriate staff.
Other duties as assigned