Job Title:Structure Trade Finance Operations Analyst- Decatur, IL Location:Decatur, IL, Mid-West United States, USA Company:Archer Daniels Midland Company (ADM) Industry Sector:Agribusiness Industry Type:Commodities and Trading Career Type:Accounting/Finance/Asset Management Job Type:Full Time Minimum Years Experience Required:N/A Salary:0
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we're one of the world's largest agricultural processors and food ingredient providers, with approximately 31,000 employees serving customers in more than 170 countries. With a global value chain that includes approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 innovation centers and the world's premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
STF Operations Analyst- Decatur, IL This is an exempt level position.
At the end of 2015 ADM started a new global Structured Trade Finance business unit with hub offices in Switzerland, Singapore, and Sao Paulo. The core focus is on building new business opportunities for ADM's commercial activities with creative financial solutions through trade & structured finance products for banks and corporates as well as building incremental value and tailor made funding solutions for both customers and suppliers of the group. The pillars of this new unit primarily focus on the following aspects:
Classical trade finance instruments distribution such as L/C issued by the regular activities of the business divisions of the group
Offer Customer/Supplier solutions in relation with export & import activities
Deploy and operate on proprietary financial structures for banks and corporates in various countries utilizing ADM existing footprint and trade flows
Partner with global treasury group to deleverage ADM's balance sheet and reduce counterparty risk
The STF Operations Analyst will be in charge of executing trade-related structures for both customer/supplier solutions and proprietary financial structures. Responsibilities will include supporting proprietary transactions originating from STF's different regions (Asia, Europe, and LATAM) wherever ADM parent company is directly involved or has a link to the transaction. This is a key role as STF business is very documents driven, and it will entail a collaboration with other STF team members (origination, risk distribution & structuring), but also other key partners within the ADM organization such as tax, legal, accounting, and commercial operations. The individual will need to be able to grasp the multiple dimensions of STF structures to apply them to specific transactions. He or she will also be require to lean and follow the STF standard operating procedures that have been crafted.
Prepare and help execute documentation related to structured trade finance transactions (contracts, distribution agreements, confirmation letters etc).
Liaise with banks on all documentation requirements on trade execution
Liaise with finance / accounting on proper execution, booking, and reconciliation of transactions
Prepare and handle STF payments activity with Treasury/Cash Management Team
Input trade details into system of record as directed by STF Head of Operations
Organize and file STF transactions documents and prepare information needed for audits
Assist with document preparation for new trade structures into Product Approval Form (PAF) documents
Assist with identifying ADM's US trade-flows to support further growth of STF team's proprietary transactions
Monitoring of appropriate STF country/counterparty limits following mentorship from ADM risk & Treasury groups
Register and follow up CCC (program GSM-102 of US Govt.) transactions
Keen attention to details and responsiveness to time-sensitive requests to support transactions
Ability to grasp financial products & transactions
Ability to communicate effectively with colleagues across the world in the multiple STF locations
Job Qualifications, Skills and Experience:
Degree/college coursework in accounting/business/finance (or similar) preferred but not required
3-5 years' experience with knowledge of ADM's commercial/trading activities and general experience with ADM's systems -- preferably experience in a commercial execution role with knowledge and experience regarding ADM's trading activities, suppliers, and customers.
Strong ethic to align with STF standard operating procedures and regulations related to trade-finance programs
Ambitious, willingness to constantly innovate and seek news ways to support the activities of the group
Real passion for learning new products and skills and motivate change when needed
Ambition to learn about ADM's STF business and support the growth of this new business
Very insightful and team oriented with a dream to succeed as a group
Enjoy working in an environment that is growing at a fast pace
Key indicators are a way of demonstrating the range and depth of a job through quantifiable factors.
Such factors can include:
The number of direct / indirect reports
Geographical scope, i.e. regional, country, global
Number of sites responsible for
Magnitude / volume, i.e. sales volume, revenue, budget, P&L, payroll, turnover, profit etc.
Complexity of the job, i.e. what other factors make this job complex
Every position requires: Attitude, Concern for Quality, Integrity/Values, Diversity and Safety besides the following:
Performance and results orientation
Job knowledge / technical proficiency
Relocation assistance is available with this position.
This position offers a complete benefit package, including 401K/ESOP, pension, health, life and dental insurance.
ADM requires the successful completion of applicable pre-employment drug screen, medical questionnaire and a background check.
ADM is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability and veterans status. To apply please click on APPLY TO THIS POSITION
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