Senior Manager, Derivatives Compliance

At Bunge, people don’t just come here to work, they come here to grow – solving challenges that directly impact the world with a diverse team of thinkers and doers. Bunge offers a strong compensation and benefits package, generous paid time off program, flexible work arrangements, and opportunity to progress. Our hybrid work environment provides a balance of in office and remote work. Most importantly, in all we do we live our values:

• Act as One Team by fostering inclusion, collaboration, and respect
• Drive for Excellence by being agile, innovative and efficient
• Do What's Right by acting safely, ethically, and sustainably

Position Summary:

Supporting the Director, Global Derivatives Compliance in the administration of Bunge’s Derivatives Compliance Program. The primary functions of the role are to serve as the lead advisory compliance professional for the derivatives compliance program in the Americas and maintain the Company’s compliance with rules and regulations of local and global exchanges (i.e., CME, CFTC, ICE, MGEX, etc.). This role performs these functions in accordance with company policies, procedures, and relevant laws and regulations. The overall purpose of this role is to support the development, implementation, maintenance, and continuous improvement of the derivatives compliance program.

The Senior Manager, Derivatives Compliance will act as the primary point of contact for all traders in the Americas, and occasionally traders located in other offices in globally. This role is also responsible for responding to regulatory inquiries and examinations from exchanges and government regulators (i.e., CFTC, CME, and other foreign regulators). As such, the position will be required to interact with various stakeholders to obtain information to timely resolve inquiries.

The role will report to corporate GEC department at Bunge headquarters in Chesterfield, MO. This role may also have global responsibilities to facilitate the administration and enhancement of Global Derivatives Compliance team. In addition, this role may work closely with local staff of various departments such as Traders, Risk Management, Controllers, Information Technology, and Legal to successfully support Bunge’s compliance programs and initiatives.

Principal Accountabilities

• Assist in the development and administration of the Derivatives Compliance Program.
• Prepare and present annual compliance training and education for Bunge Traders on compliance requirements.
• Conduct trade surveillance and monitor for compliance with trade, position, and capital requirements.
• Monitoring compliance risk behaviors and investigate instances of non-compliance and raise to appropriate teams/individuals.
• Provide guidance on regulatory changes and conduct complex regulatory analysis of CFTC, Exchange and other applicable rules.
• Analyze and interpreting new laws, rules, and regulations, and communicate requirements and expectations to appropriate internal team members.
• Monitor regulatory actions and changes to further enhance the program.
• Work with internal stakeholders such as Trading, Legal, Risk, IT, Operations, etc. to address compliance issues associated with derivatives.
• Evaluate new product(s), and partner with internal customers on the roll-out of the product(s) to ensure compliance with applicable rules, and existing trade and transaction reporting obligations.
• Maintain compliance databases and perform regulatory filings, as necessary.
• Conduct derivatives compliance risk assessments and coordinate with team members to identify and resolve control gaps.
• Consult on industry developments through membership in trade associations and the review of trade publications
• Advise in the negotiation of trading agreements and agreements relating to compliance activities, such as license agreements, advisor agreements, questionnaires, bank inquiries, exchange notices etc.
• Act as compliance lead on projects as necessary or appropriate.

The above description includes most significant duties performed. However, other occasional work assignments not mentioned are assumed to be included and would be in conformity with the value assigned to this position.

Education and Experience Requirements:

• Bachelor’s Degree required in a relevant study such as business administration, accounting, finance, and law. Ideal candidate possesses a graduate level degree (i.e., Master’s or Doctorate).
• 5 plus years of experience as a regulatory compliance professional; preferred experience at an exchange, regulatory agency, or FCM.
• Knowledge of CFTC and futures exchange (CME, ICE, MGEX, etc.) rules and regulations required.
• Knowledge of global regulations a plus
• Works well in a diverse, high pressure, fast-paced, open office environment.
• Excellent written and oral communications skills, including the ability to present investigative findings in an objective and unbiased manner.
• Experience with global collaboration, project management, and leading teams in cross-functional projects.
• High degree of initiative requiring little or no supervision, have strong organizational skills, the ability to multitask and prioritize assignments, solve problems, and meet deadlines.
• Ability to work effectively within the organization, interact with junior and senior business personnel, and maintain discretion and confidentiality.
• Required experience with Microsoft Office (i.e., Word, Excel, PowerPoint, Outlook, and Teams), and familiarity with industry specific trading, back office, reporting and compliance systems.
• Travel up to 20%.

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Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status. Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled